SHARJAH / WAM The Sharjah Economic Development Department (SEDD) and the Ministry of Energy and Infrastructure discussed ways of boosting their cooperation, in light of their mutual keenness to help achieve their strategic goals and establish effective relations. This came as part of a meeting between Sultan Abdullah bin Hedah Al Suwaidi, Chairman of SEDD, and Sharif Salim Al Olama, ...
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Voting for UAE Pro League Awards sees high turnout
ABU DHABI / WAM Voting for the UAE Pro League Awards, which is scheduled to end on August 05, has been witnessing wide participation and tight competition between nominees over the past 72 hours, creating a thrilling atmosphere as the winners are set to be revealed at the UAE Pro League Awards ceremony on August 16. The awards honour the ...
Read More »UAE coders’ program, Facebook to train students on AI skills
DUBAI / WAM The National Programme for Coders and Facebook announced on Wednesday the launch of the “Facebook AI Campâ€, available for the first time in the Middle East and North Africa (Mena) region. The camp, slated to be held between August 15-26, will equip students with a variety of digital skills and train them in programming languages. The initiative ...
Read More »China’s Delta outbreak cuts travel, hits GDP projection
Bloomberg China’s broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and spending during the peak summer holiday, prompting analysts to review their economic growth projections as risks escalate. Authorities rushed to close tourist sites, call off cultural events and cancel flights, as the outbreak linked to the highly-infectious delta variant spread to nearly ...
Read More »China exporting more sophisticated products
Bloomberg The technological level of China’s exports increased through the trade war with the US, according to a new ranking, which predicts the Chinese economy will grow faster than India’s over the next decade. China ranked 16th globally when judged by the complexity of its exports in 2019, moving up three places ahead of countries including Ireland since the onset ...
Read More »India’s services sector hits contraction zone
Bloomberg India’s main services index signalled a contraction for a third straight month, boosting the case for monetary policy makers to keep interest rates unchanged at a record low to aid the economy. The IHS Markit India Services Index rose to 45.4 in July from 41.2 in June, but still below the 50 reading that indicates a contraction. That performance ...
Read More »Indonesia becomes second in Asia to hit 100,000 Covid deaths
Bloomberg Indonesia has reached a grim milestone as more than 100,000 people died from the coronavirus, becoming the second country in Asia to breach that threshold. After weeks of topping the world’s tally of daily Covid-19 deaths, Southeast Asia’s largest economy added 1,747 fatalities on Wednesday, according to data from the health ministry, bringing its total number to 100,636. Indonesia ...
Read More »Dubai set to host major business events as Expo 2020 approaches
DUBAI / WAM Dubai’s business events sector continues to build on its momentum as one of the first cities in the world to reopen for international meetings, with a busy calendar of high profile conferences, meetings and incentives on the horizon through the rest of 2021 and into 2022. Following on from the resumption of international tourism to the city ...
Read More »Adnoc, Fertiglobe sell UAE’s first blue ammonia to Japan’s Itochu
ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that, in partnership with Fertiglobe, it has sold its first cargo of blue ammonia to Itochu in Japan, for use in fertiliser production. The sale builds upon recently announced joint efforts to enhance industrial cooperation between the UAE and Japan and support the development of new ...
Read More »Experts from 13 nations discuss date palm cultivation, production
ABU DHABI / WAM The Association of Agricultural Research Institutions in the Near East and North Africa (AARINENA) has signed a cooperation agreement with Food and Agriculture Organisation of the United Nations (FAO) to establish and operate research, technology and innovation platform for an integrated production system for date palm in the Middle East and North Africa region, according to ...
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