News

  ABU DHABI / WAM Imkan Properties announced the official opening of a premium urban park in the capital Abu Dhabi. Nestled within Khalidiya District along Al Bateen Street, Sheikha Fatima Park is just minutes away from the famous Corniche in the heart of Abu Dhabi. Historically known as ‘Khalidiyah Ladies Park’, the 46,000 square metre plot has been redeveloped ...

  Dubai / WAM Emirates Post Group (EPG) launched the “Postcards to Space” initiative in partnership with “Club for the Future”, a private foundation established by Blue Origin, “UAE Space Agency”, “Mohammed bin Rashid Space Centre” (MBRSC), and “AzurX”. The initiative, which is in line with EPG’s celebrations of the UAE’s Golden Jubilee, was unveiled to increase the interest of ...

    Bloomberg Europe’s technology sector is set to bring in more than $100 billion of annual investment for the first time this year, capping off a period of deal-making and surging valuations. With nearly three times as much capital projected to be raised this year compared with 2020, the total number of tech companies in Europe valued at more ...

  Bloomberg Canadians are unconvinced that policy makers will be able to rein inflation back to pre-pandemic levels, a worrying development that could reinforce the need for the Bank of Canada to be vigilant about price pressures. A large majority of Canadians, or 63.5%, say they lack confidence that inflation will return to more normal levels, according to a survey ...

  Bloomberg French economic activity will continue to rise in December, despite another wave of the Covid-19 pandemic and fresh uncertainty over the omicron variant, according the Bank of France. Completed at the end of last week, the central bank’s monthly survey of 8,500 firms is the first indicator of how businesses in the euro area’s second-largest economy are faring ...

  Bloomberg Getty Images will merge with a blank-check firm backed by CC Capital and Neuberger Berman, returning a company bearing one of most storied names in business to the public market. The deal values the Seattle-based licensing provider of stock and news photos at $4.8 billion including debt, according to a statement. The agreement with CC Neuberger Principal Holdings ...

Dubai / WAM Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has accomplished, in a short period of time, major achievements, assumed leading global ranks in various sectors, confirming that the UAE is moving into the ...

  Abu Dhabi / WAM Mubadala Investment Company and Abu Dhabi Gaming (AD Gaming), signed a memorandum of understanding (MoU) to build a robust gaming and esports ecosystem in Abu Dhabi and the UAE. The agreement reflects the ambition of the two entities to support high-value products, creative industries and new technologies as part of Abu Dhabi’s diversification agenda. With ...

  Abu Dhabi / WAM UAE-Mexico bilateral trade has witnessed an approximate 38 percent upsurge in the past five years (2016-2020), a senior Mexican official told the Emirates News Agency (WAM), adding that Mexico wants to be a strategic partner for the UAE in agri-food sector. “The bilateral trade between 2016 and 2020 registered an average annual growth rate of ...

  ABU DHABI / WAM The Abu Dhabi Investment Office (Adio) connected with hundreds of global business leaders, entrepreneurs and innovators in a series of six inaugural events organised by its international office network to discuss expansion opportunities to the UAE capital. Adio’s offices in London, Paris, Beijing, Seoul, New York and San Francisco each organised an event targeted at ...