Ajman / WAM Salem Al Suwaidi, Director-General of the Ajman Chamber of Commerce and Industry, discussed, with K. Kalimutu, Indian Consul General for Trade and Economy to Dubai, ways of enhancing the commercial and economic cooperation between the UAE, specifically the emirate of Ajman, and India. During the meeting, which was held at the headquarters of the chamber and attended ...
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UAE welcomes 41 Afghan evacuees on humanitarian grounds
Abu Dhabi / WAM The United Arab Emirates has welcomed 41 Afghan evacuees, including members of the Afghan girls’ cycling and robotic teams, as well as at-risk human rights activists and their family members. The evacuation operation was sponsored by and conducted in cooperation with the Centre for Israel and Jewish Affairs and IsraAID, which accompanied the group following their ...
Read More »Emirates transports 1.2m passengers in July, August
Dubai / WAM Over the summer travel months of July and August, Emirates handled nearly 1.2 million customers at its hub, compared to 402,000 customers during the same period in 2020, highlighting the safe and smooth resumption of international travel to and through Dubai. In fact, in 2020, Emirates was the largest international airline carrying over 15.8 million passengers, according ...
Read More »Etisalat mobile subscribers to enjoy free Al Hosn app access
ABU DHABI / WAM Etisalat announced that all its postpaid and prepaid customers would be able to access their Al Hosn app in public places without activating or purchasing a data plan. Al Hosn App is now whitelisted so that any data consumed while using the app will not come off a mobile subscribers’ allowance, said an Etisalat statement on ...
Read More »Netherlands innovation tour to culminate at Expo 2020
DUBAI / WAM The Kingdom of Netherlands has launched “The Uniting Water Energy Food Innovation Tour” that aims at identifying and scaling up some of the most innovative start-up solutions in the fields of water, energy and food. The tour covers the fastest growing innovation ecosystems in the world and will culminate at the finals taking place at the Expo ...
Read More »EGA launches industrial robotics contest for university students
DUBAI / WAM Emirates Global Aluminium (EGA) on Monday announced the launch of this year’s edition of the company’s Al Robot competition, which challenges university students to design and build industrial robots for use at EGA’s aluminium smelters. The Al Robot competition is now in its fourth year, and aims to support young people to develop real world skills in ...
Read More »Toshiba warns power-chip supply to stay tight for now
Bloomberg Toshiba Corp said it won’t be able to meet demand for power-regulating chips for another year and, in certain cases, through the end of 2022, offering a fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages. “The supply of chips will remain very tight until at least September next year,†said Takeshi Kamebuchi, ...
Read More »Grab’s online supermarket takes off in Philippines
Bloomberg Grab Holdings Inc, set to go public in the US through a deal with a blank-check company, is launching an online supermarket in the Philippines as it tries to move beyond meal deliveries and ride-hailing to boost revenue. Consumers in Metro Manila area, with a population of more than 13 million, will be able to order vegetables, meat, seafood ...
Read More »Chinese AI startup Aibee plans to raise $100mn
Bloomberg Aibee, a Chinese artificial intelligence startup, is planning a funding round to raise about $100 million, according to people familiar with the matter. The Sequoia Capital China-backed firm could seek an initial public offering after the fundraising, however no final decision has been made, the people said, asking not to be identified as the information isn’t public. Details of ...
Read More »SoftBank-backed Snapdeal weighs $400m Mumbai IPO
Bloomberg Indian e-commerce retailer Snapdeal Pvt is considering an initial public offering that could raise about $400 million, joining a growing list of startups preparing to tap capital markets as the nation’s digital economy booms. The company, which counts SoftBank Group Corp among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at ...
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