DUBAI / WAM Dubai’s Yiwu Market, a hybrid shopping complex that will empower regional and global supply chains, held its official opening ceremony on Thursday, reinforcing Dubai’s status as a global trade hub connecting the East with the West A partnership between DP World and China Commodity City Group (CCC), the AED600 million Yiwu Market is the first phase ...

  Dubai / Gulf Time Sheikh Hasher bin Maktoum Al Maktoum inaugurated the third store of the UAE brand “Carter & White”, a company specialised in designing and manufacturing clothing, in City Centre Mirdif in Dubai. Sheikh Hasher bin Maktoum Al Maktoum had a tour at the new store, which is the largest in terms of size and department stores, ...

  Abu Dhabi / WAM Etihad Airways has announced that it resumed passenger flights between Abu Dhabi and Beijing. Etihad Airways inaugural flight EY888 landed in Beijing on Thursday morning at 05:25 (local time), becoming the first regular direct international passenger service to return to Beijing under the latest mandate of the Joint Prevention and Control Mechanism of the State ...

  Sharjah / Gulf Time Anas Waheed, Executive Director of the Mohammed Waheed Motors Corporation, confirmed that the car trade economy in the UAE has triumphed over the global epidemic, as it has witnessed rapid growth and a clear recovery in the sales and export sector. He noted that Mercedes-Benz cars of all categories and modern models are highest in ...

  Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, on Thursday launched the Abu Dhabi Industrial Strategy to strengthen the emirate’s position as the region’s most competitive industrial hub. Abu Dhabi government will invest AED10 billion across six transformational programmes to ...

  ABU DHABI / WAM The UAE on Thursday sent a plane carrying 52 metric tons of food supplies to support Ukrainian refugees in the Republic of Bulgaria as part of the continuous relief provided by the UAE to alleviate the humanitarian impact faced by Ukrainian refugees in countries neighboring Ukraine. The number of refugees in Bulgaria is estimated at ...

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), Thursday announced the launch of the region’s first AI CoE. The launch highlights the importance of pursuing partnerships and collaborations with businesses, governments, investors, and startups to create a smarter, safer, and more sustainable world through the co-creation ...

  Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has celebrated its tenth anniversary after emerging as an independent entity from Mubadala’s energy unit in 2012. Since then, the company has continued to grow and now spans eleven markets, employs over 500 people and is making a significant contribution to the energy transition through its ...

  For decades, workers made do with a smaller share of the spoils of capitalism, and the labour unions who represented them shed members and influence. Now employees are finding their collective voice again, and not before time. Tight job markets and the soaring cost of living are fuelling demands for higher pay and better working conditions on both sides ...

The world’s biggest car company, Toyota Motor, reluctantly released an electric vehicle in May. Weeks later, it recalled 2,700 of them because there was a risk in their wheels — the most fundamental component — would fall off. If that’s the level of quality and safety traditional auto giants are willing to commit to, then investors and regulators should increase ...