IEC Telecom: Enabling VSAT-like connectivity for small vessels

As the pandemic brought the world to a standstill, it quickly became apparent that digitalised and VSAT-enabled vessels had a distinct advantage in ensuring business continuity and supporting crew welfare. The maritime sector has been impacted by travel restrictions, port closures, and mandatory quarantine periods. With crew changeovers at a standstill and contracts extended for […]

Argentina: Creditors reject debt restructure plan, make new offer

Buenos Aires: Three groups of creditors announced on Monday they had rejected Argentina’s proposal to restructure $66 billion (Dh240 billion) of debt and have made a counter offer to President Alberto Fernandez’s government. “Argentina’s offer is short of what the creditor groups can accept,” said the creditors in a statement, adding that they would not […]

Double-line rail network planned between Riyadh-Dammam

Abu Dhabi: The Saudi Railways Organisation is planning on a double-line for sending goods between Dammam and Riyadh, and raise passenger capacity by about 60 per cent, according to media reports. The SRO has secured eight luxury and fast passenger trains, each of which consists of five compartments and two locomotives, with more than 2,000 […]

Britain secures 90 million possible COVID-19 vaccine doses

LONDON: Britain has signed deals to secure 90 million doses of two possible COVID-19 vaccines from an alliance of Pfizer Inc and BioNTech, and French group Valneva, the business ministry said on Monday. Britain secured 30 million doses of the experimental BioNTech/Pfizer vaccine, and a deal in principle for 60 million doses of the Valneva […]

Doctors in Europe will soon be able to treat COVID-19 patients with remdesivir

Doctors in Europe will soon be able to treat COVID-19 patients with Gilead’s antiviral drug, remdesivir, after the healthcare regulator’s endorsement put it on track to become the first therapy for the disease on the continent. Remdesivir is the first medicine against COVID-19 to be recommended for authorisation in the EU, after the European Commission granted […]