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Sharjah / WAM Al Jawaher Reception and Convention Centre (JRCC), Sharjah’s largest high-end venue for all types of social and corporate events and catering services, announced that it is open for business again after weathering the unprecedented challenges presented by 2020, utilising the down-time for maintenance and refurbishment work that has served to enhance its world-class amenities. “JRCC plays an ...

Bloomberg Alibaba Group Holding Ltd drew robust orders for a $5 billion bond sale, demonstrating investor confidence in the e-commerce giant’s long-term prospects amid easing tensions with Chinese regulators. The four-tranche offer received more than $38 billion in orders at the peak, according to people with knowledge of the matter. The notes comprising 10-year, 20-year, 30-year and 40-year maturities were ...

Bloomberg Kuaishou Technology’s eye-popping debut in Hong Kong following a mega $5.4 billion initial public offering has sent a strong signal to other listing candidates waiting in the wings — that this is a great time to go public. The operator of China’s most popular short-video service after ByteDance Ltd’s Douyin saw its shares almost triple on their debut, boosting ...

Bloomberg Thailand’s government is ready to take more fiscal steps if economic growth falls below its base-case forecast, driven by the latest Covid-19 outbreak or delays in vaccinating the public, a Finance Ministry official said. “The government is ready to do more if needed, and we still have fiscal space left,” Kulaya Tantitemit, acting director general of the Fiscal Policy ...

Bloomberg SF Holding Co, one of the largest Chinese package-delivery services, is exploring a potential investment in tycoon Robert Kuok’s listed logistics business, people with knowledge of the matter said. The Chinese courier is in talks to acquire roughly a 20% stake in Kerry Logistics Network Ltd, according to the people, who asked not to be identified because the information ...

ABU DHABI / WAM The United Arab Emirates is at the forefront of the countries advocating women’s rights at the global level through a series of initiatives and programmes aimed at supporting and empowering women in many societies and countries. The UAE tops advanced ranks on many global indicators related to supporting women’s rights and empowerment, as well as its ...

Abu Dhabi / WAM Mohammed Ateeq Al Falahi, Secretary General of the Emirates Red Crescent (ERC), said the charitable foundation has become a “well-known humanitarian and development institution locally, regionally and globally.” He told Emirates News Agency (WAM) that ERC’s relief programmes, which are carried out in 100 countries around the world on an annual basis, have “witnessed a notable ...

Dubai / WAM “NAU by DP World”, a digital marketplace and an aggregator of cargo ‘dhows’, traditional wooden vessels, has achieved a shipping volume of more than 255,000 tonnes in 2020, with 1,762 dhows registered in the application. Launched officially in February 2020, NAU connects Dhow owners with traders allowing them to search, negotiate and book shipments. The platform represents ...

ABU DHABI / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prime Minister of Pakistan Imran Khan, reviewed prospects of further growing their bilateral relations across all fronts. This came in a phone call Sheikh Mohamed received on Saturday from the Pakistani leader wherein they ...

Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) announced on Saturday that it is reducing overall trading activity fees on all exchange transactions starting from February 14 as part of its “ADX One” strategy to double the market capitalisation of companies listed on the exchange in the next three years. The new pricing structure will be the second ...