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, has 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 ...
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Sharjah showcases investment prospects to German investors
Sharjah / WAM German investors received a crash course in the investment opportunities abounding in Sharjah’s emerging industries at a high-profile business webinar organised by the Sharjah FDI Office (Invest in Sharjah), which operates under the Sharjah Investment and Development Authority (Shurooq). Highlighting Sharjah’s advantages in providing an impressive growth and expansion platform for German companies in a wide range ...
Read More »UAE announces 4,678 new recoveries from Covid-19
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 192,241 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement on Sunday, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary ...
Read More »Abu Dhabi limits commercial, economic and tourism activities
Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee has approved capping operating capacity of commercial, economic and tourism activities, effective 7th February, to bolster precautionary measures implemented to curb the spread of Covid-19. The committee approved capping operating capacity of shopping malls to 40%, gyms, private beaches and swimming pools to 50%, restaurants, coffee shops, hotels, ...
Read More »UAE welcomes lifting ban on flights to Denmark
Abu Dhabi / WAM The United Arab Emirates has welcomed the decision by the Kingdom of Denmark to lift the temporary suspension on flights originating from the UAE. The decision by Danish authorities to require travelers from all countries to receive a negative PCR test result 24 hours prior to travel and quarantine for a period of ten days upon ...
Read More »Dewa registers patent for Hydronet project to monitor water networks
Dubai / WAM Dubai Electricity and Water Authority (Dewa) registered a new patent for its Hydronet project, adding to its track record of achievements. The Hydronet project uses artificial intelligence (AI) and deep learning to monitor and control the water network in Dubai remotely. The project can be integrated with any SCADA system and provide real-time insights on the current ...
Read More »Dubai Police buildings glow red for Hope Probe
Dubai / WAM The Dubai Police General HQ and main buildings, including the Dubai Police Academy in Umm Suqeim, across Dubai have recently turned red in celebration of the UAE’s Hope probe which is set to arrive to Mars on February 9. According to Brigadier Khalid Ali Shuhail, Acting Assistant to Commander-in-chief for Community Happiness and Logistic Support, the move ...
Read More »JRCC gears up to host safe public events in 2021
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 ...
Read More »Alibaba’s $38bn bond sale shows Jack Ma fans believe
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 ...
Read More »Kuaishou’s rise to rival ByteDance value shows big Asia IPO window
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 ...
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