News

  Sharjah / WAM Alef group, the leading real estate developer in Sharjah, has launched Darb 3 in Al Mamsha Raseel (Zone 3), following record sales achieved with Al Mamsha Raseel – Darb 1 development project, to be delivered on time in the last quarter of 2024. The launch of Darb 3 coincides with recent amendments to Sharjah property ownership ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the launch of the ‘Emirates Villages’, a AED1 billion project aimed at developing a sustainable development model and creating economic and business opportunities to promote social stability and wellbeing. HH Sheikh Theyab bin Mohamed bin ...

Dubai / WAM Dubai Multi Commodities Centre (DMCC) and SafeGold, Asia’s leading digital gold platform, have signed an MoU to advance SafeGold’s vision of digitising gold investment and enabling a digital ecosystem to flourish within the Middle East and North Africa region’s $20 billion gold market. With SafeGold’s proprietary technology and DMCC’s leadership in the commodities and crypto-technology space, the ...

Abu Dhabi / WAM The Abu Dhabi Early Childhood Authority (ECA) has announced the launch of a new Parenting Programme with a consortium of partners including Zayed University, New York University Abu Dhabi (NYUAD), and the Emirates College for Advanced Education (ECAE). The consortium brings together leading Emirati and international academics, experts and researchers, with the aim of developing a ...

  Abu Dhabi / WAM The National Health Insurance Company – Daman, has announced the launch of a new range of health insurance plans for visitors to the UAE who intend to travel to Qatar for the football World Cup in November and December. The World Cup Travel Insurance Plan (Multi Trip) will cover visitors to the UAE who intend ...

  Dubai / WAM Emirates District Cooling Company (Emicool), a joint venture between Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) and Actis LLC, a leading global investor in sustainable infrastructure, has signed a Power Purchase Agreement with Emirates Electrical Engineering (EEE), one of the solar market leaders in the UAE. The agreement confirms the ...

Bloomberg Hundreds of workers at Apple Inc.’s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a Covid outbreak. Workers at the Foxconn Technology Group plant streamed out of dormitories in the early hours of Wednesday, jostling and pushing past the white-clad guards they vastly outnumbered, ...

  Bloomberg Adani Enterprises Ltd., the flagship firm of Asia’s richest person, is considering issuing at least $1.8 billion in new shares, according to people familiar with the matter. Billionaire Gautam Adani’s conglomerate is working with advisers on the follow-on issue and could sell the shares as soon as next year, the people said, asking not to be identified as ...

  Bloomberg Singapore’s core inflation gauge eased for the first time in eight months in October, giving policymakers reason to refrain from tightening monetary policy amid mounting risks to economic growth. Core inflation, which excludes private transport and accommodation and is closely watched by the central bank, rose 5.1% from a year ago, according to Singapore’s Ministry of Trade and ...

  Bloomberg Chinese authorities are planning to impose a fine of more than $1 billion on Jack Ma’s Ant Group Co., paving the way for the ending of a regulatory overhaul of the financial technology firm, Reuters reported, citing people familiar with the matter. The central bank is preparing the penalty, which could land in the second quarter of next ...