DUBAI / WAM Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has participated in the ‘Big Inter-Council Networking Night’ event as part of its efforts to support the business community, promote cross-border economic partnerships, and consolidate the emirate’s position as a highly competitive hub for global trade. Organised by a number of business councils under ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global initiative aimed at promoting innovation in scaling sustainable finance and combating climate change. The launch of the COP28 UAE TechSprint comes ahead of the UAE’s ...

ABU DHABI / WAM The Emirates Nuclear Energy Corporation (Enec) and ORLEN Synthos Green Energy (OSGE) have announced the signing of a memorandum of understanding (MoU) to support the decarbonisation of the Polish and European power sector and industry, by looking into opportunities to invest in Small Modular Reactors (SMRs). Enec’s expertise, through building and operating the Barakah Nuclear Energy ...

SHARJAH / WAM HH Sheikha Jawaher bint Mohammed Al Qasimi, wife of HH the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs (SCFA), has expressed great pride on the occasion of the inauguration of the University of Kalba, in the emirate’s coastal town. Sheikha Jawaher said that the opening of the university embodies Sharjah leadership’s vision ...

BLOOMBERG North Korean leader Kim Jong-un appears to have departed for Russia via his luxury armored train, South Korean media reported, ahead of expected talks with President Vladimir Putin in Vladivostok that the US said would touch on arms transfers to help the Kremlin’s war machine. Kim’s personal train was seen moving slowly towards the northeast border area, YTN cable ...

BLOOMBERG President Joe Biden said China’s recent downturn could diminish any inclination by Beijing to invade Taiwan, adding that the country’s economic troubles have left his Chinese counterpart with “his hands full.” The US president, who travelled to Vietnam following a gathering of the Group of 20 leaders summit in India, said he had met with Chinese Premier Li Qiang ...

BLOOMBERG British Prime Minister Rishi Sunak told Chinese premier Li Qiang he had “significant concerns” about “interference” from Beijing, hours after it emerged that two men had been arrested in the UK for allegedly spying for China. Sunak said he’d confronted the Chinese official after news that a parliamentary researcher linked to a number of Tory MPs had been detained ...

BLOOMBERG French President Emmanuel Macron rejected a demand by Niger’s military rulers to withdraw troops from the West African nation after a coup strained relations between the two countries. “If we redeploy, I would do it only at the request of President Bazoum,” Macron said, referring to Niger’s ousted leader, as the G-20 summit wrapped up in New Delhi, India. ...

BLOOMBERG Australian voter dissatisfaction with Prime Minister Anthony Albanese’s performance is growing and support for his signature Indigenous Voice to Parliament proposal is declining amid increased frustration over rising living costs. The center-left government’s primary vote slid to 36% in the latest Resolve poll published, the lowest level since it won office in May 2022. Albanese’s net approval rating declined ...

BLOOMBERG Shares of global infrastructure service providers and environmental companies in India rallied on Monday after the Group of 20 leaders meeting in New Delhi agreed to prioritise projects that involve regional connectivity and promoting biofuels. India’s state-run firms that plan and operate the country’s vast railways network were among top gainers on the S&P BSE 500 Index amid expectations ...