Sharjah / WAM The Sharjah FDI Office (Invest in Sharjah) participates in the Asian Financial Forum (AFF) in Hong Kong. Led by Muhammed Al Musharakh, CEO, Invest in Sharjah, Marwan Saleh Alichla, Director, Investment Promotion & Support (Invest in Sharjah), Invest in Sharjah’s team participation aims to showcase the emirate’s diverse investment opportunities to international investors and business leaders ...
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Cricketers Dwayne Bravo, Pollard receive UAE golden visa from JBS
Dubai / Gulf Time International cricket stars Dwayne Bravo and Keiron Pollard received their UAE Golden Visas from JBS Group of Companies, a well- known business setup company in the UAE. Team JBS had prepared a lavish reception for the two legendary stars at the main office of JBS Group at Al- Qiyadha, JBS Government Transaction Center. The JBS Group ...
Read More »Ferrari World Abu Dhabi opens mega-coaster
Abu Dhabi / WAM Ferrari World Abu Dhabi on Thursday unveiled Mission Ferrari, the world’s most immersive mega-coaster and the latest addition to its exhilarating mix of rides. Mission Ferrari joins Ferrari World Abu Dhabi’s unique lineup of attractions which have long taken guests on exhilarating experiences for over a decade. Equipped with the latest advancements in the industry, ...
Read More »Abu Dhabi plants one million mangrove seeds by drone
Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) has successfully planted one million mangrove seeds using drones as part of the first phase of a drone mangrove plantation project supporting the Abu Dhabi Mangrove Initiative. The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William, the Duke of Cambridge’s landmark visit to the ...
Read More »UAE appoints Sultan Al Jaber as president-designate for COP28
Abu Dhabi / WAM Under the directive of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Court, on Thursday appointed Dr Sultan Ahmed Al Jaber as President-Designate for the 28th Conference of the Parties (COP28). Shamma Al Mazrui, UAE Minister of State for Youth ...
Read More »Abu Dhabi and Iran discuss potential for economic cooperation
Abu Dhabi / WAM Khalifa Shaheen Al Marar, Minister of State, met with Dr Mahdi Safari, Deputy Foreign Minister for Economic Diplomacy of the Islamic Republic of Iran, and an accompanying economic delegation at the headquarters of the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi. A series of meetings was held to discuss the potential for ...
Read More »TSMC plans to cut spending to offset falling near-term sales
Bloomberg Taiwan Semiconductor Manufacturing Co. is bracing for weaker-than-expected sales by reducing spending, deepening concerns the technology industry’s slump is yet to bottom. The chip giant signaled this quarter could mark its first revenue drop in four years. But executives forecast slight growth for the full year on an expected recovery in demand for server chips. The company is ...
Read More »Infosys raises sales forecast, shrugging off downturn fears
Bloomberg Infosys Ltd. raised its annual sales forecast, remaining upbeat on enterprise clients’ need to upgrade their software and shrugging off fears of a global economic downturn. Infosys said on Thursday it expected revenue to grow between 16% to 16.5% in the year to March, compared with the 15% to 16% growth it projected in October. Analysts on average expect ...
Read More »Hong Kong to return as a top property investment location
Bloomberg Hong Kong has returned to the top five Asia-Pacific investment destinations by property consultancy CBRE for the first time since 2020, thanks to an expected pandemic recovery and low pricing. The report on real estate investor intentions for 2023 showed the Asian financial hub came in at number five after Tokyo, Singapore, Ho Chi Minh City and Sydney ...
Read More »Tesla China plant expansion in doubt over Starlink concerns
Bloomberg An expansion of Tesla Inc.’s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the US electric-car maker’s ambition to keep growing in China. The so-called phase-three expansion originally slated to start mid-year would have seen the plant’s capacity double to around ...
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