News

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) launched a Travel Behaviour Survey – Screening Questionnaire of individuals and families residing or working in Dubai, as well as companies based in the emirate. This step is part of RTA’s efforts to revamp its strategic roads and transport plans, enhance roads and public transport networks and services to provide ...

  Sharjah / WAM The Sharjah Consultative Council (SCC), in its seventh session, held as part of the fourth regular session of the tenth legislative term at its headquarters in Sharjah, chaired by Ali Mehd Al Suwaidi, Chairman of the Council, discussed the policy of the Sharjah Districts and Villages Affairs Department (DVAD). Sheikh Majid bin Sultan Al Qasimi, Member ...

  Dubai / Gulf Time The American University in the Emirates (AUE) announced that it has accepted its accreditation from the Southern Association of Colleges and the Schools Committee for Colleges, which is an institutional accreditation body for evaluating gatherings to ensure the quality and integrity of education. This came during a press conference held by the university at its ...

Bloomberg China’s long-awaited border reopening — the final step in its dismantling of Covid Zero — is set to spark a homecoming rush for many diaspora, though a full rebound in travel is likely to take longer. Starting from Sunday, China no longer requires quarantine for arrivals after authorities ditched the policy that, along with the exorbitant cost of air ...

  Bloomberg The decline in Taiwan’s exports is likely to accelerate as rising global inflation and China’s surging Covid outbreak sap demand, an economic official said. Overseas shipments decreased 12.1% in December from a year earlier, after falling 13.1% the previous month, the Ministry of Finance said. The median estimate in a Bloomberg survey of economists was for a 15.8% ...

Bloomberg Thailand will reintroduce Covid-19 entry requirements for foreigners flying into the country from Monday, the nation’s transport minister said, as the Southeast Asian nation prepares for an expected wave of tourists from China. Adults must show proof of at least two vaccinations, or recovery from the virus since July, according to comments from Saksayam Chidchob published on the minister’s ...

  Bloomberg Jack Ma is giving up controlling rights of Ant Group Co, as the billionaire further retreats from his online empire following China’s unprecedented tech crackdown. The company is offering 10 individuals, including the founder, management and staff, voting rights independently, effectively removing Ma’s control of Ant, according to an announcement. The adjustment will not change economic interests of ...

  Bloomberg VinFast, an electric carmaker backed by Vietnam’s richest man, delayed vehicle deliveries to its first US customers to this month because of holidays in America. The Vietnamese company, a unit of conglomerate Vingroup JSC, is also working out procedures with banks for customers to access loans, the company said in a statement. “We are currently signing sales contracts ...

Bloomberg Samsung Electronics Co’s profit dropped by the most in over a decade, in a sign that the global economic slowdown may be hurting electronics demand even more than anticipated. South Korea’s largest company has been grappling with weak demand for memory chips, smartphones and displays as consumers tamp down holiday spending amid soaring interest rates and inflation. Adding to ...

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has announced that it has applied financial contributions to private sector companies for failing to achieve the Emiratisation targets stipulated for the year 2022. This is in line with the implementation of the UAE cabinet’s resolution to raise the Emiratisation levels of skilled jobs by 2 percent ...