Blog List Layout

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM) has issued new off-plan sales register regulations to regulate off-plan sales of real estate development projects, along with its fees’ rules. These new regulations aim to enhance the confidence of investors and ADGM customers in real estate development projects on Al Maryah Island by creating a register for reservation agreements ...

  Abu Dhabi / WAM Aldar Properties launched the third cycle of its Manassah programme — a six-month incubator, aimed at cultivating entrepreneurial talent and advancing retail concepts in the UAE to become part of Aldar’s thriving retail portfolio. The programme is held in partnership with startAD, the global startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi. ...

  Bloomberg India plans to slash the production costs of green hydrogen to $1 a kilogram from $5-$6 currently to encourage industries to use cleaner energy and wants access to cheaper loans to help fund that transition, a senior government official said. The world’s third-largest carbon emitter put out a roadmap in February to become a hub for the production ...

  Bloomberg President Joe Biden’s commerce chief said it “may make sense” to lift tariffs on some goods as a way to tame the hottest inflation in almost four decades. “Steel and aluminum — we’ve decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it’s a matter ...

Bloomberg Apple Inc supplier BYD plans to begin commercial production of iPads this month in northern Vietnam after a trial run started in May, according to a provincial government official. The production of the tablets is a boost for a country expected to benefit as electronics manufacturers seek alternatives to China. “The factory has been running a trial phase since ...

  Bloomberg Ample rice reserves in India, the world’s biggest exporter of the food staple, and expectations for bountiful monsoon rains should allay concerns about the possibility of any “drastic” measures to curb exports, according to National Commodities Management Services Ltd. Global markets are fretting that rice may be next on the agenda after India restricted wheat and sugar exports. ...

  Bloomberg President Gotabaya Rajapaksa vowed to finish the remaining two years in his term despite monthslong street protests calling for his ouster, but won’t stand for re-election as he focuses on fixing a financial mess that tipped Sri Lanka into its worst-ever economic crisis. “I can’t go as a failed president,” Rajapaksa said in a wide-ranging interview at his ...

Dubai / WAM As part of his field tours in various emirates, President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited the International Centre for Biosaline Agriculture (ICBA) in Dubai, which specialises in agricultural research aimed at enhancing agricultural productivity and sustainability in saline and marginal environments. Upon his arrival, His Highness Sheikh Mohamed bin Zayed was received by ...

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies, signed implementation agreements with the Ministry of Energy of the Republic of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 megawatts (MW) — as an exclusive concession. Under the agreements, Masdar also has the right to ...

  Dubai / WAM Emirates Development Bank (EDB), the financial engine of the UAE’s economic diversification and industrial transformation agenda, has announced its participation in Bonds, Loans & Sukuk Middle East, the region’s largest gathering for the corporate and investment banking industry. EDB is a Gold Sponsor of the event, which is taking place on 7th-8th June in Madinat Jumeirah, ...