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Daily brief: UAE Innovation Week begins, Zika no longer urgent threat

The second edition of the UAE Innovation Week starts across the country today. On an international level, Zika is no longer considered an urgent threat. Here are the top 7 stories you need to know about in business and internationally.


UAE Innovation Week starts Sunday

The second edition of the UAE Innovation Week across the country will start on November 20 and go on till November 26, supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minster of the UAE and Ruler of Dubai.


(Humans 2.0: Evolving into a connected world)

WHO: Zika no longer global health emergency

The World Health Organisation declared that the Zika virus is no longer considered a Public Health Emergency of International Concern (PHEIC). Rather, the agency said, it is a long-term problem like other viruses spread through mosquitoes.

“The EC felt that Zika virus and associated consequences remain a significant enduring public health challenge requiring intense action, but no longer represent a PHEIC as defined under the IHR ,” the statement read.


(Zika no longer an emergency but WHO stresses need for long-term efforts to fight outbreaks)


Dubai SME wins AED17m contracts in H1 2016

Dubai SME, a Department of Economic Development agency mandated with developing small and medium-sized enterprises, won contracts worth AED17 million during the first half of the year.

The contracts were won under a partnership between Dubai SME and Dubai Holding, an emirate-based global investment company.


(These new laws will help your business grow in Dubai)

Iran: Oil may rise to $55 if all producers cooperate

Crude prices could spike reaching $55 a barrel, if an agreement is reached among OPEC and non-OPEC members, Iranian Oil minister Bijan Zanganeh said Saturday. These comments come ahead of an upcoming OPEC meeting later this month.


(Oil may rise to $55 if all producers cooperate: Iran)


Dubai-India non-oil trade reaches AED48bn in H1

The value of non-oil foreign trade between Dubai and India stood at approximately AED48 billion during the first half of 2016, marking India as Dubai’s second-largest trading partner for the period, Dubai Customs revealed.

This value makes up seven per cent of Dubai’s total non-oil foreign trade.


Facebook chief discloses steps to fight fake news

Facebook is taking a series of steps to fight fake news after it was accused with influencing the 2016 US presidential elections’ outcome, which saw the victory of now president-elect Donald Trump.

In response, the social network’s founder, Mark Zuckerberg, outlined a series of steps that he said are already underway, including using automation to “detect what people will flag as false before they do it themselves.” This is in addition to working with third-party verification organisations and journalists for fact-checking.


Egypt jails journalists’ union chief, two others for 2 years

An Egyptian court sentenced the head of the journalists’ union and two board members to two years in prison on Saturday for harbouring colleagues wanted by the law and spreading false news, judicial sources aware of the matter said, Reuters reported.

Amnesty International condemned the sentences as “a new stage of a crackdown on media and freedom of expression”.


(With Reuters)