News

  ABU DHABI / WAM Ahmed Ali Al Sayegh, Minister of State, met Sarath Weerasekera, Minister of Public Security of Sri Lanka, to discuss a number of issues of common concern. During the meeting, which was held at the Ministry of Foreign Affairs and International Cooperation in Abu Dhabi, the parties discussed bilateral relations between the UAE and Sri Lanka ...

  ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 310,797 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. ...

  Dubai / WAM Emirates customers travelling from the UAE to EU member countries now have more opportunities to confidently make the most out of their travel journeys. The airline has been working closely with Al Hosn National Health System team to enable the readability and recognition of customers’ health credentials with EU verified QR codes, including Covid-19 vaccine status ...

  DUBAI / WAM Dubai Electricity and Water Authority (Dewa) has started providing its smart services on Amazon Alexa in Arabic, becoming the first government utility in the world to do this. Customers can now review their monthly bills in Arabic, check past statements, details of electricity and water consumption, their carbon footprint, as well as connect their Dewa account ...

  Bloomberg Goldman Sachs Group Inc has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints. The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the previous period, people ...

  Bloomberg Bangladesh’s economic growth is expected to increase to 6.6% in the fiscal year ending June in 2022, according to the International Monetary Fund (IMF), as the coronavirus pandemic abates and policies remain accommodative. Growth may rise to 7.1% the fiscal year after that, the IMF said in a statement on its website, citing an improvement in the external ...

  Bloomberg GoTo Group has hired banks to help it raise around $1 billion from an initial public offering in Indonesia, according to people familiar with the matter. The company, formed as the result of a merger by the country’s two most valuable internet startups, has picked PT Mandiri Sekuritas and PT Indo Premier Sekuritas as underwriters for a local ...

  Bloomberg After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech. Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, a ...

  Bloomberg Shares of Indian digital payments giant Paytm closed at the lowest since their market debut last month following the nation’s biggest-ever initial public offering, as investors remain concerned about the startup’s path to profitability. One 97 Communications Ltd, Paytm’s parent company, raised $2.5 billion in its IPO but a 27% plunge in its debut made it one of ...

  Bloomberg Two new cases of the omicron variant were detected in the central Chinese city of Changsha from arrivals into the country, state-backed media Xinhua reported citing the municipal government. The provincial capital of Hunan is the latest place to discover the highly contagious variant in incoming travelers, after the southern province of Guangdong and the northern metropolis of ...