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Dubai / WAM Dubai Culture and Arts Authority announced that it will soon grant cultural visas to 1,000 creators and artists from across the world. The first initiative of its kind in the world, the cultural visa launched in 2019 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

Dubai / WAM Etihad Airways, the UAE national airline, signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, to support the expansion of entrepreneurs innovating in Abu Dhabi. The agreement makes Etihad the official airline partner of Hub71 which will offer more than 100 global startups within its tech community special rates and access to a ...

AJMAN / WAM The Emergency, Crisis, and Disaster management team in the Emirate of Ajman announced that it has mandated specific establishments to conduct a regular weekly PCR examination for all their employees, except those who have received two doses of the Covid-19 vaccine, with a commitment to download the Al-Hosn application, starting March 2. The move comes within the ...

Abu Dhabi / WAM The Ministry of Energy and Infrastructure, in partnership with Khalifa University (KU) and the International Renewable Energy Agency (Irena) launched the National Integrated Energy Model. The model supports the formulation of the future of energy for UAE, and the design of the next 50 years in the energy sector, according to the vision of the future ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 225,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 2,721 new coronavirus cases, bringing the total number of recorded cases in the UAE to 396,771. The ministry also noted that an ...

Bloomberg For US politicians, China’s potential to dominate sensitive cutting-edge technologies poses one of the biggest geopolitical threats of the next few decades. President Xi Jinping is similarly worried the US will block China’s rise, and this week will unveil plans for greater self-sufficiency. At an annual session of China’s legislature, top Communist Party leaders will approve a five-year policy ...

Bloomberg Bharti Airtel Ltd, India’s second-largest wireless carrier by subscribers, will spend $2.6 billion acquiring new airwaves in an ongoing spectrum auction in India. The carrier, led by billionaire Sunil Mittal, acquired airwaves worth 186.99 billion rupees ($2.55 billion), according to a statement from the company on Tuesday. It added 355.45 megahertz to its spectrum portfolio and can now reach ...

Bloomberg Factories in Taiwan faced the longest delays on record in securing raw materials and components in February as they worked overtime to keep up with surging demand from clients overseas. Manufacturers cited low stock levels at suppliers, a shortage of freight containers and delayed shipping schedules as main reasons for the biggest delays since records began nearly 17 years ...

Bloomberg Hong Kong is exploring allowing listing of special purpose acquisition companies (SPAC), jumping into a market that has sparked a frenzy of US dealmaking. The government has asked the Hong Kong exchange and the city’s financial regulator to look into having SPACs list, according to Financial Secretary Paul Chan. The aim is to allow the new fundraising arrangements, while ...

Bloomberg South Korea’s manufacturing activity expanded at the fastest pace in a decade in February, even as the Lunar New Holiday across Asia cut demand and spurred a slowdown in China. A report from IHS Markit showed a purchasing managers’ index for Korean manufacturing jumped to 55.3 last month, rising further above the 50-threshold that separates expansion and contraction to ...