Abu Dhabi / WAM The UAE has once again reaffirmed its strengths and capabilities to host significant international conferences after winning the bid to host the 28th edition of the Universal Postal Congress, which will be held in Dubai in 2025. This latest achievement reflects the country’s position as one of the world’s leading international business centres and regional hubs. ...
Read More »Admin
UAE sees 1,583 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 334,838 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As part ...
Read More »Adnec all set to host leading industry events in H2 2021
Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (Adnec), the emirate’s premier event venue is gearing up to host a wide variety of world-class exhibitions, conferences and events in the UAE capital and has announced its calendar for the rest of 2021. Khalifa Al Qubaisi, Chief Commercial Officer at Adnec, said, “Hosting such major international conferences and exhibitions highlight’s ...
Read More »DoE becomes I-REC standard accredited issuer in Abu Dhabi
Abu Dhabi / WAM The Abu Dhabi Department of Energy (DoE) and the International REC Standard Foundation (I-REC Standard) signed a local Issuer agreement, formalising DoE’s position as the sole issuer of RECs in the emirate of Abu Dhabi. Commenting on the newly signed agreement, Eng. Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy, said, “With ...
Read More »Sheikh Zayed Book Award receives 1,000 entries for 16th edition
Abu Dhabi / WAM As many as 1,000 entries across nine categories have already been received for the 16th edition of the Sheikh Zayed Book Award, the Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has revealed. With the submission process beginning in June and running until October ...
Read More »No, press hasn’t turned hawkish on Afghanistan
President Joe Biden’s handling of crisis in Afghanistan has few vocal defenders. What they lack in numbers, though, they make up for in unity of message: The press is being too hard on Biden. The president is a victim of “a press corps desperate to show they do not have a liberal bias.†It’s the “overt editorialising†from the press ...
Read More »For Best Buy, hard part comes now
Best Buy Co has deftly navigated its business through the pandemic. The hardest part may come now. The consumer-electronics retailer’s range of products put it in a good position to take advantage of the surge in demand for gadgets, PCs and other devices people could use at home during lockdowns. And by beefing up its online sales and curbside pickup ...
Read More »Walmart confronts reshaped Covid world
American shoppers are learning to live in a world where Covid-19 is ever-present. They may not like it, but they’re adjusting. It won’t be as easy for retailers such as Walmart Inc and Home Depot Inc to figure out, though. Walmart reported strong quarterly results, including an extra $4 billion of sales above what analysts had been projecting. Still, laced ...
Read More »Powell’s Jackson Hole speech came too early
At times, history has been made at Jackson Hole, as the world’s central bankers gaze at the snow-dusted Tetons, coffee cups in hand, to discuss the most pressing economic issues of the day. It’s where Alan Greenspan gave his famous speech explaining why monetary policy shouldn’t be used to prick stock market bubbles, and where, about a decade later, Ben ...
Read More »JD.com surges after sales beat allays tech crackdown fears
Bloomberg JD.com Inc’s shares soared as much as 10.5% after the e-commerce giant reported revenue that beat estimates, defying a crackdown on the Chinese internet sector that has depressed growth across the industry. The e-commerce giant’s shares gained by the most in almost a month in Hong Kong after it posted a better-than-expected 26% rise in revenue to 253.8 billion ...
Read More »