News

  DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, chaired the 72nd meeting held virtually, with Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy, also participating. The meeting was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, and board ...

  ABU DHABI / WAM A study by Emirati researcher Dr Fatima Al Hammadi, titled, “Using and Assessing Treated Water in Wheat Production”, reached key outcomes in terms of accelerating growth and improving the production of wheat using treated sewage water. The field study focused on the cultivation of two types of wheat modified for planting in the UAE’s environment ...

DUBAI / WAM The UAE highlighted the significance of complying with international work standards and developing partnerships that empower countries to overcome the future challenges of the labour markets across the globe and their ever-changing landscape, stressing that it is critical to guaranteeing the rights of employers and employees alike. Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, ...

  ABU DHABI / WAM The Environment Agency – Abu Dhabi (EAD) announced on Monday that it was awarded the Leadership in Energy and Environmental Design (LEED) for Operations and Maintenance (O+M) version 4.1 Certificate by the US Green Building Council (USGBC), the most widely used green buildings classification system globally. The award was given in recognition of EAD’s outstanding ...

  Bloomberg Oyo Hotels, the once high-flying Indian startup, is reviving plans for a stock-market debut after cost cuts and a recovery in travel helped it reduce losses. The hotel-booking company filed fresh financial documents and is now targeting an initial public offering in early 2023 provided that India’s stock market continues to hold up and economic conditions improve, according ...

  Bloomberg Indian billionaire Gautam Adani’s ascent to rank as the world’s second-richest person has helped fuel a world-beating jump in the nation’s stocks and bolstered their clout among emerging-market equities. Eight firms controlled by Adani’s ports-to-power conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109-member MSCI India Index’s surge since end-June, data compiled by ...

  Bloomberg South Korea’s exports of its most lucrative memory chip fell by the most since 2019, indicating a deepening slump in technology demand central to global economic growth. Shipments of dynamic random access memory fell 24.7% from a year earlier in August, compared with a 7% decline in the previous month, according to data released by the trade ministry. ...

  Bloomberg Sony Pictures Entertainment will open a theme and water park based on popular characters from films produced by Columbia Pictures next month in Thailand as it seeks to cash in on a rebound in tourism. The Columbia Pictures’ Aquaverse will open on October 11 in partnership with local developer Amazon Falls Co, in Bangsaray, about 90 minutes from ...

Bloomberg China’s doubling down on its zero-tolerance stance towards Covid-19 is draining local-government coffers, posing a fresh threat to the economy and bond investors. Jilin province, in the northeast of the country, has warned of “increasingly outstanding conflicts” between spending and income. Finances at almost half of its 60 county and district level governments are so tight they are exposed ...

  MONTEVIDEO / WAM Saqr Ghobash, Speaker of the UAE Federal National Council (FNC), and Pablo Lanz, Chairman of the International Relations Committee of the Senate of Eastern Uruguay, discussed enhancing parliamentary relations and stressed the importance of joint cooperation and coordination regarding international issues of common interest. Saqr Ghobash is leading a parliamentary delegation on an official visit to ...