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Abu Dhabi / WAM The Sheikh Zayed Book Award announced that it has so far received 1,616 submissions for its 15th edition since the call for submissions commenced on June 1 this year. The ‘Young Author’ category has seen the highest number of submissions, with a rate of 29.34 percent, while ‘Literature’ has received 27.02 percent of the submissions. Submissions ...

ABU DHABI / WAM Spending on six sectors listed in the General Consumer Price Index (CPI) which aims to track consumer price movements in the UAE, witnessed a surge in August 2020 compared to July 2020, according to recent statistics issued by the Federal Competitiveness and Statistics Authority (FCSA). During the same reporting period, spending on six other sectors included ...

Dubai / WAM Emirates Airlines has announced it introduced self check-in and bag drop kiosks for a more seamless airport experience at Terminal 3, Dubai International Airport. According to Emirates, the service is now available to customers travelling to all destinations except to the US, Canada, China, India and Hong Kong due to additional requirements from these destinations. The 16 ...

Dubai / WAM Enoc Group has announced a record 97 million kWh in power savings since 2014, which is the equivalent of energy needed to power 8,600 houses per year, as a result of implementing a series of energy and resource management initiatives. Since 2014, the group has also recorded significant 230,000 tonnes reductions in carbon dioxide (CO2) emissions; as ...

Bloomberg China Evergrande Group’s stock and local bonds soared after the developer took a major step towards avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and reverberate across global markets. After a turbulent few days during which banks, bondholders and senior government officials became increasingly alarmed about Evergrande’s financial health, the world’s most ...

Bloomberg General Atlantic will invest 36.8 billion rupees ($498 million) in billionaire Mukesh Ambani’s retail venture as Asia’s richest man continues to garner funds after securing more than $20 billion for his digital services unit earlier this year. The private equity firm will hold a 0.84% stake in Reliance Retail Ventures Ltd, according to an exchange filing on Wednesday, giving ...

Bloomberg Women in India spend about five hours a day on unpaid domestic work, or thrice as much time as men, according to a new survey by the government. Only about 18% of women participated in employment and related activities in a day, against 57% of men, according to the findings of the first Time-Use survey by the Ministry of ...

Bloomberg Hong Kong retailers’ struggles eased slightly in August even as social-distancing measures were extended to combat the latest wave of coronavirus infections in the city. Retail sales by value fell 13.1% from a year earlier to HK$25.6 billion ($3.3 billion), according to a government statement. That’s better than the median forecast for a 17.5% decline in the period, according ...

Bloomberg An official gauge of activity in China’s manufacturing gained in September on stronger production and orders, suggesting the recovery momentum remained solid, while activity in the services sector also strengthened. The manufacturing purchasing managers’ index in September rose to 51.5 from 51 a month earlier, according to data released by the National Bureau of Statistics, beating the 51.3 estimate ...

Bloomberg Condé Nast Inc, publisher of magazines like Vogue, The New Yorker and Vanity Fair, will open a global technology and product centre in Bangalore to amplify the digital capabilities of its brands and boost online revenues. The Condé Nast Technology Lab will open later this week starting with a few dozen engineers, with plans to expand headcount for product, ...