Author: Editor

A Missouri state law declaring several federal gun laws invalid is unconstitutional, giving the Department of Justice a victory. A law signed by Republican Governor Mike Parson in 2021 declared that certain federal gun laws violated the constitution’s Second Amendment, Reuters reports. A federal judge in Jefferson City, Missouri, ruled that the state’s Second Amendment Preservation Act (SAPA) violates the Supremacy Clause, which holds that federal laws take precedence over state laws. The judge sided with Democratic President Joe Biden’s administration, calling the law’s practical effects “counterintuitive to its stated purpose.” “I am committed to defending Missourians’ fundamental rights to…

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The UAE President, His Highness Sheikh Mohammed bin Zayed Al Nahyan, met with Olena Zelenska, the First Lady of Ukraine and the Chairwoman of the Olena Zelenska Foundation today. Her visit to the UAE is in connection with the Forbes 30/50 Summit in Abu Dhabi this week. At the Qasr Al Bahr majlis, Sheikh Mohamed received a briefing on the human effects of the Ukrainian crisis, particularly as it relates to children. The UAE President directed that $4 million be allocated for the care of children affected by the crisis in support of one of the Foundation’s projects, called “Family-Type…

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A two-day visit by Italian Prime Minister Giorgia Meloni to the UAE was hosted by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today. He expressed his hope that Prime Minister Meloni’s first visit to the UAE would provide a strong impetus for the development of relations between the two friendly nations. In the next stage, the two countries discussed cooperation paths and opportunities to build a strategic partnership between them. Among the topics covered were energy security, renewable energy, clean technologies, and sustainable development, as well as climate change, food security, industry, advanced technology, and other concerns…

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The ADPORTS Group and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, have formed ADL-Ulanish, which will provide end-to-end global logistics services throughout Uzbekistan. With the new joint venture enterprise, AD Ports Group will offer its global supply chain logistics expertise and advanced technology to address Uzbekistan’s logistics challenges. Uzbekistan is a double-landlocked nation surrounded by five other landlocked nations. In return, SEG ENERA Group will contribute its regional expertise, best practices, and industrial assets, including warehousing and rail capacities. With the joint venture, SEG ENERA will not only be able to serve its own business…

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U.S. State Department on Friday announced $6 billion in funding commitments for ocean protection and climate change fighting. U.S. climate envoy John Kerry announced the amount at an oceans conference in Panama on Thursday and it encompasses 77 commitments, the Department of State said. State Department data shows that some $3 billion was committed to climate resilience and climate research as part of the Inflation Reduction Act last year. A total of $665 million will be spent on sustainable fisheries, while $200 million will be dedicated to marine pollution, Reuters reported. Thirty of the 77 commitments concern climate change, amounting…

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Investors were watching for testimony from Federal Reserve Chair Jerome Powell on Monday as well as the February jobs report at the end of the week, which will likely influence how hawkish the central bank will be going forward. Dollar index, which measures the value of the U.S. currency against six major currencies, was down 0.182% at 104.420. Reuters reports that the index fell for the first time since January last week. Since delivering jumbo hikes last year, the Fed has raised interest rates by 25 basis points in its latest two meetings, but a slew of resilient economic data…

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MENA Newswire: Verofax, the leader in brand marketing and AI-powered solutions for enterprise, was featured on Beban 2 (Episode 9, Mar 1, 2023), the hit entrepreneur & investment-themed reality TV program airing on Bahrain TV, Alrai TV and Dubai TV, as well as Shahid, the region’s largest video-on-demand platform. Wassim Merheby, CEO & Co-Founder, and Jamil Zablah, CMO & Co-Founder, Veromax, a product winning SaaS provider helping brands achieve growth by turning offline products interactive for immersive experiences & engagements. One of the four Professional Investors to be pitched during episode 9, Khalid Almahfouz was clearly impressed with the Verofax story,…

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MENA Newswire: the Big Circle Line (Bolshaya Koltsevaya), designed to expand and modernize the subway system, mainly to relieve traffic congestion on the Circle Line (Koltsevaya Line) and reduce traffic jams in Moscow, finally became fully operational. The Big Circle Line is 70 kilometers long, with 31 stations and three electric depots. The longest circular subway line was built in record time. The first section was opened in 2018, followed by several in 2021, including the longest metro section in Moscow’s history, 21 km long with 10 stations. Unique design and engineering solutions allowed the seamless integration of the subway circle…

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For the year ending on 31st December 2022, flydubai’s historic profits were AED1.2 billion (US$327 million), a 43% increase from 2021. AED9.1 billion (US$2.5 billion) was the carrier’s total annual revenue in 2022, up 72% from AED5.3 billion (US$1.4 billion). A record 10.6 million passengers were carried by the airline, up 89% from 2021, and 17 new aircraft were delivered, the highest number in a year. As part of its biggest recruitment campaign yet, flydubai also hired 1,300 employees in 2022. A statement by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of flydubai, stated, “Flydubai’s record performance for 2022…

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Local fishermen discovered the remains of a man who went missing earlier this month in southern Argentina inside a shark. Because a distinct tattoo on Diego Barra’s body was visible, his family was able to identify his remains, according to law enforcement. Barria was last seen on February 18 riding his all-terrain vehicle near the coast in southern Chubut province. An extensive search for Barria began on February 20 after his damaged ATV was recovered, but he was not found. Two local fishermen contacted the coast guard on Sunday morning to report catching three school sharks near where Barria’s ATV…

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