DUBAI / WAM Dubai Integrated Economic Zones Authority (Diez), in collaboration with Thales, a global leader in cybersecurity technologies and data protection, and the Dubai Electronic Security Centre (Desc), part of Digital Dubai, hosted an awareness session on cybersecurity at Dubai Airport Freezone (Dafz). The session brought together professionals to discuss the way forward for achieving the highest levels of ...
Read More »Sheikh Zayed Chair launched in Kuala Lumpur to foster collaboration
KUALA LUMPUR / WAM The Sheikh Zayed Chair, a dedicated research body at the Institute of Strategic and International Studies Malaysia (ISIS Malaysia) in Kuala Lumpur, was officially launched on the sidelines of the visit of HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, to Malaysia. The launch ceremony was attended by Khalid ...
Read More »Adnoc, Taqa launch AED8.8bn sustainable water supply plan
ABU DHABI / WAM Adnoc and Abu Dhabi National Energy Company (Taqa) announced on Wednesday the award of a strategic investment project estimated at up to $2.4 billion (AED8.8 billion) to provide sustainable water supply for Adnoc’s onshore operations, reinforcing Adnoc and Taqa’s position as responsible energy leaders and underscoring their efforts to drive sustainable initiatives that deliver long-term value. ...
Read More »Khaled bin Mohamed visits maritime and aerospace exhibition in Malaysia
LANGKAWI / WAM HH Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has visited the Langkawi International Maritime and Aerospace Exhibition in Malaysia, alongside His Majesty King Al-Sultan Abdullah Sultan Ahmed Shah of Malaysia, and the Regent of Pahang, Crown Prince Tengku Hassanal Ibrahim Alam Shah. During the visit, which took place as part of ...
Read More »UAE leaders congratulate Eritrean President on Independence Day
ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Isaias Afwerki of Eritrea on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin ...
Read More »Instagram readies Twitter competitor for summer release
BLOOMBERG Instagram is planning to release a text-based app that will compete with Twitter.The company is currently testing the project idea with celebrities and influencers, according to people familiar with the matter. Instagram has been in discussions with select creators for months, though none of them has had access to the full version of the app, according to one of ...
Read More »Eight EU nations push back on new car exhaust pollution rules
BLOOMBERG Eight European Union (EU) nations called for the bloc to scrap new pollution limits for car tailpipes as they distract from the goal of effectively banning new combustion engine vehicles after 2035, the latest sign of push back against environmental regulation. The nations — including France and Italy — said they oppose new exhaust emission rules under the so-called ...
Read More »Scholz plots $22b of budget cuts in snub to Greens
BLOOMBERG German Chancellor Olaf Scholz and Finance Minister Christian Lindner are thrashing out a plan to close a €20 billion ($22 billion) shortfall in the 2024 budget with expenditure cuts in all departments except defense — a move which risks angering their coalition partners, the Greens. Scholz and Lindner have agreed to spending reductions of 2% to 3% for almost ...
Read More »Meta fined record $1.3b in EU over US data transfers
BLOOMBERG Facebook owner Meta Platforms Inc was hit by a record €1.2 billion ($1.3 billion) European Union (EU) privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the American security services. The social network giant’s continued data transfers to the US didn’t address “the risks ...
Read More »LVMH, Kering decline as China worries spur $56b luxury rout
BLOOMBERG European luxury stocks including LVMH and Gucci owner Kering SA fell as a wave of Covid infections in China weighed on sentiment — extending a rout that’s wiped about $56 billion from the sector over the past two days. Shares in Birkin bag maker Hermes International and UK trench coat company Burberry Group Plc also declined, with concerns about ...
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