News

  Sharjah / WAM The Expo Centre Sharjah has announced that second edition of the ‘Hive Furniture’ Show, the region’s first dedicated event focusing on big box retailers and wholesale traders, is set to kick off on Monday, and run until Thursday, June 16. The new exhibition is part of the Expo Centre’s strategic plans to support the furniture industry, ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) is investing in its advanced smart grid and the latest technologies of the Fourth Industrial Revolution to enhance its leadership and global excellence in water network losses and is surpassing its global counterparts. In 2021, Dewa’s water network losses decreased to 5.3 percent. This is one of the best records globally ...

  Dubai / WAM The Higher Committee of the Al Quoz Creative Zone Development Project held a meeting, presided over by HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, to review the Project’s progress and achievements in its first year. As part of the ...

  Dubai / WAM Mattar Al Tayer, Director-General, Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), has confirmed that the use of advanced technology and artificial intelligence (AI) had contributed to improving the public bus service and its operational efficiency. Al Tayer noted that the Remote Bus Performance Monitoring Centre had also contributed to ...

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) conducted 244,931 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. As part of ...

Dubai / WAM Dubai Customs has been certified among the best workplaces in UAE for second year in a row in the large-size company category. The annual report is compiled by management consultancy Great Place to Work, which compiles the survey in 60 countries. Researchers send out a ‘trust index’ to employees of companies, which measures how they are being ...

  Bloomberg UK companies are scaling back their ambitions in response to chronic labour shortages that show few signs of abating, an employment group has warned. The report by the Recruitment and Employment Confederation and KPMG found job vacancies and placements both slowed in May, possible signs that employers are starting to “rethink their growth plans because of skills shortages ...

  Bloomberg The Port of Los Angeles, the US’s busiest, is preparing for the early arrival of 2022 peak season for cargo as retailers stock up on back-to-school and fast-fashion products despite high inventory levels, Executive Director Gene Seroka said. “The upstream orders coming from Asia — getting ready for an early arrival of peak-season goods — look strong; the ...

  Bloomberg Tesla Inc Chief Executive Officer (CEO) Elon Musk sent staff, investors and electric-car watchers on a three-day rollercoaster with conflicting messages about potential job cuts, underlining the sometimes erratic nature of his leadership and muddying the automaker’s outlook. Musk tweeted that Tesla’s total workforce would grow, even as the number of salaried workers remains broadly the same. That ...

  Bloomberg Czech inflation accelerated more than expected in May, supporting expectations of one more large interest rate hike before less hawkish leadership takes over the central bank. Consumer prices rose 16% from a year earlier, driven mainly by cost of housing and food, the statistics office in Prague said. The reading exceeded the median estimate of 15.5% in a ...