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ADU ranked among world’s top universities

ABU DHABI / WAM Abu Dhabi University (ADU) has retained its position in the top 701-750 universities globally in the prestigious Quacquarelli Symonds (QS) World University Rankings for 2022 for the fourth year in a row while continuing to significantly improve its position on various indicators. The university has improved its score in different key indicators. Compared to previous performance, ...

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Abu Dhabi’s Hub71 partners with ADIO to grant AED10m to startups

ABU DHABI / WAM Hub71, Abu Dhabi’s global tech ecosystem, and the Abu Dhabi Investment Office (ADIO) have partnered to support early-stage tech startups in growing their teams and scaling their businesses with the purpose to generate societal impact. The partnership complements Hub71’s new programme, ‘The Outliers’, enabling startups from around the world to collaborate with leading corporations and government ...

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EDB successfully closes $750m five-year bond

Abu Dhabi / WAM Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has succesfully closed its $750 million five-year bond issue, priced at a fixed re-offer yield of 1.639 percent per annum in the Regulation S markets. This was the second USD transaction issued under EDB’s $3 billion Euro Medium Term ...

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Ajman Chamber, Estonia to boost bilateral trade

Ajman / WAM Abdullah Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry, discussed with Jaan Reinhold, Ambassador of Estonia to the UAE, prospects of economic collaboration and ways to boost bilateral trade between two nations. This came as part of the ambassador’s visit to the chamber to explore ways to benefit from the investment opportunities the two ...

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Swiss ambassador visits Rolex’s new boutique at The Galleria Mall

Abu Dhabi / Emirates Business The honourable Swiss Ambassador to the UAE, HE Massimo Baggi, visits Mohammed Rasool Khoory & Sons newly opened Rolex Boutique at The Galleria Al Maryah Island. The honourable ambassador was received at the Boutique by Yousef Al Khoori, CEO of Mohammed Rasool Khoory & Sons. The new boutique offers a comprehensive Rolex experience. It provides ...

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UAE ranked first in Mena region for business skills

Dubai / WAM According to Coursera’s Global Skills Report 2021, the UAE ranks first in the Mena region and second globally in overall business skills, only after Luxemburg. This year’s study draws on performance data since the pandemic’s onset from more than 77 million learners on the platform to benchmark skills proficiency across business, technology, and data science for over ...

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Abu Dhabi University ranks amongst world’s top universities

Abu Dhabi / WAM Abu Dhabi University (ADU) has retained its position in the top 701-750 universities globally in the prestigious Quacquarelli Symonds (QS) World University Rankings for 2022 for the fourth year in a row while continuing to significantly improve its position on various indicators. The university has improved its score in different key indicators. Compared to previous performance, ...

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Will Amazon’s arbitration decision help consumers?

Consumer advocates are cheering Amazon’s quiet decision to stop mandating arbitration for most customer disputes. The online retail giant, like other vendors, has heretofore included in its terms of service a ban on lawsuits. Without making a public announcement, the company has switched gears. We might be cheering too soon. Even though Amazon had little choice — more on that ...

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Japan’s chip future lies in a Taiwan park

As much as the US pines for the good old days of global semiconductor supremacy, Japan feels its loss of glory even more. Once a dominant name in electronic components, the nation has been overtaken by South Korea, Taiwan, and, more recently, China. Yet Tokyo may have a viable plan to revitalise its domestic sector. “Unlike the purely domestic, independent ...

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Economists don’t know all about US economy

One of the biggest questions hanging over the US economy right now is whether the government is spending too much money. Some prominent economists are warning it’s time to pump the brakes. President Joe Biden’s $1.9 trillion pandemic relief package came on top of $3.1 trillion in similar outlays back in 2020; and now the president is planning at least ...

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