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Bloomberg China’s economic recovery could be past its peak and beginning to stabilise as the year draws to a close, with a key manufacturing gauge moderating in December after an export-fueled boost to production. The official manufacturing purchasing managers’ index (PMI) fell to 51.9 from a three-year high of 52.1 in November, the National Bureau of Statistics said, lower than ...

Bloomberg A multi-billion-dollar high-speed rail link between Singapore and Malaysia’s capital Kuala Lumpur has been terminated. The two countries were unable to reach an agreement on the project after Malaysia sought changes because of the pandemic’s economic impact, according to a joint statement. Malaysia will have to compensate Singapore for costs already incurred, the city-state’s transport ministry said in a ...

AL AIN / WAM The Al Muwaiji Palace, which was built on the western side of Al Ain, close to the Al Muwaiji Oasis nearly 100 years ago, is one of the distinctive historic buildings in the city. The construction of the palace represents an elegant example of the architecture that relied on bricks to build forts and palaces at ...

Sharjah / WAM Hamriyah Free Zone Authority (HFZA) reinforced its reputation and position as a prominent destination regionally and globally despite of the Covid-19’s global economic fallout, after two giant African petrochemicals companies (Global Vision Specialty Chemicals & Proud Lubricants and Grease IND) announced investments in the free zone by leasing over 1,076,391 square feet plots of land. The deal ...

Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has launched a digital authentication project allowing the approval of documents issued by the ADJD’s systems in an integrated digital manner and compatible with the UAE PASS digital identification system. The project will be applied to the notary public and authentication operations as part of the completion of the digital ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa) added several innovative features for its consumption verification request service, using multi-resource scheduling and master data management. Customer can now use the new ‘auto-scheduling’ feature to make an appointment for a technical team visit with real-time updates of status, enhancing accuracy of these appointments. Dewa has also added the ‘Virtual Call ...

Bloomberg Taiwanese President Tsai Ing-wen opened 2021 by reaffirming her willingness to talk with China, while vowing to stand up to mounting military pressure from Beijing. Tsai used a brief News Year’s Day address to criticise the near-daily patrols of Chinese military ships and aircraft that have stretched Taiwan’s more limited military resources. She warned that the actions had “threatened ...

Sharjah / WAM Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs, said that the newly inaugurated House of Wisdom (HoW), an iconic architectural marvel and Sharjah’s new cultural edifice, marks a new chapter in strengthening links between members of the community with their unique cultural ...

DUBAI / WAM The Dubai Chamber of Commerce and Industry’s Dubai Startup Hub initiative has launched eight guides to help startups in the UAE do business. The decision was made at Dubai Chamber’s fifth and final ‘Networking Series’ which was organised in cooperation with Virtuzone, and targeted startups and entrepreneurs and ran from mid-October to mid-December this year. The new ...

DUBAI / WAM Travel is expected to reach another peak at the end of this week for Emirates, as the airline expects yet another busy period. A high volume of travellers will be making their way to Emirates’ dedicated Terminal 3 facilities on January 2-3, 2021, to depart Dubai, in addition to a rush of inbound traffic into the city. ...