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Dutch inflation eases slightly to 3.6%

AMSTERDAM/WAM Dutch inflation eased for the first time in four months in August, though marginally, the preliminary estimate from the Central Bureau of Statistics showed on Friday. Consumer prices logged an annual increase of 3.6 percent in August, following July’s 1-year high of 3.7 percent, dpa reported. Inflation based on the harmonised index of consumer prices (HICP) also moderated to ...

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Japan’s July industrial output up 2.8% on chip equipment rise

TOKYO/WAM Japan’s industrial output in July grew 2.8 percent from the previous month as production of semiconductor equipment and electrical devices was boosted by overseas and data centre demand, government data showed on Friday. Japanese news agency Kyodo News reported that the seasonally adjusted index of production at factories and mines was 102.8 against the 2020 base of 100, according ...

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Vietnam plans to strengthen law to control social media advertising

HANOI/WAM Vietnam plans to strengthen the existing Law on Advertising with a key focus on social media marketing, Vietnam News Agency (VNA) reported on Friday. The draft law proposing amendments and supplements to several provisions of the Law on Advertising will be up for discussion at the next session of the National Assembly. Proposals to tighten control, which have sparked ...

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Japan raises economic view in August for first time in 15 months

TOKYO / WAM The Japanese government on Thursday upgraded its assessment of the economy for the first time in 15 months, citing a modest rebound in private consumption, Kyodo News reported. In its monthly report for August, the Cabinet Office described the economy as “recovering at a moderate pace, although it appears to be pausing in part.” The government used ...

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Sharjah Ruler visits Biblioteca Ambrosiana in Milan

SHARJAH/WAM H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Friday visited Biblioteca Ambrosiana in Milan, one of the oldest libraries in the world, founded in 1609. His Highness was received, upon his arrival, by Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Book Authority; Sheikh Majid Al Mualla, Emirates Airline’s Divisional ...

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UAE leaders offer condolences to King of Thailand over floods victims

ABU DHABI,/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to King Maha Vajiralongkorn of the Kingdom of Thailand over the victims of the floods caused by heavy rains that resulted in several deaths and injuries, wishing all the injured a speedy recovery. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice ...

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Louvre Abu Dhabi displays new artworks highlighting cross-cultural connections

ABU DHABI/AD MEDIA OFFICE Louvre Abu Dhabi has unveiled new loans and acquisitions in its galleries, many on view for the first time in the GCC region. Highlighting new stories of cross-cultural connections, the additions aim to reflect the museum’s efforts to showcase the history of human creativity, and attract both first-time and returning visitors to the museum. Manuel Rabaté, ...

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Dubai Financial Services Authority authorises 61 new firms in H1 2024

DUBAI/WAM The Dubai Financial Services Authority (DFSA) today reported exceptional achievements for the first half of 2024, highlighting continued growth in the number of authorised firms and its ongoing commitment to fostering a robust and resilient regulatory environment within the DIFC. In H1 2024, the DFSA authorised 61 new firms, marking a 22 percent increase compared to the same period ...

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