News

Bloomberg South Korea’s economic growth may miss the government’s target of 2.4% to 2.5% this year, Yonhap News Agency reported, citing the finance minister. Growth is more likely to meet the projections of International Monetary Fund and the Organization for Economic Cooperation & Development, the news agency cited Hong Nam-ki as saying in Washington, where the Group of 20 nations’ ...

Bloomberg A senior Chinese official called for governments around the world to work more closely together to regulate emerging technologies, while taking a veiled swipe at the US for undermining collaboration. “The foundation for an open and shared-by-all internet is unstable,” Huang Kunming, a member of the Politburo, which is comprised of China’s 25 most-senior officials, said at a technology ...

ABU DHABI / WAM Reem Mall, the world’s first fully digitally enabled smart shopping mall, was officially topped out this week after construction reached the highest point for the new mall structure. The topping out at the AED4.4 billion Reem Mall ($1.2bn) was marked by key project representatives from Al Farwaniya Property Developments including Faisal Sultan, Chairman, David Boesley, Executive ...

DHALE / WAM The Emirates Red Crescent (ERC), distributed food baskets to 400 displaced families returning to their liberated villages in the Qa’tabah district of Dhale governorate, Yemen, as part of a series of humanitarian campaigns to support Yemenis overcome adversity. So far, the UAE provided more than 27,000 food baskets to nearly 190,000 people in Dhale, in addition to ...

Dubai / Emirates Business The 5th Annual Construction Summit is set to take place on October 23 at The Westin Mina Seyahi Beach Resort & Marina, Dubai. His Excellency Hussain Almahmoudi, CEO of Sharjah Research Technology & Innovation Park to deliver a keynote speech at the summit. The guests will be welcomed by Paul Wallett, Regional Director, Trimble Solutions Middle ...

Dubai / WAM The Dubai Electricity and Water Authority (Dewa), confirmed that 20 South Korean companies will participate in the 21st Water, Energy, Technology, and Environment Exhibition (Wetex 2019), which will be organised by Dewa from October 21-23, at the Dubai International Convention and Exhibition Centre. It will coincide with the fourth Dubai Solar Show, the region’s largest renewable and ...

ABU DHABI / WAM With hidden surprises to be found, Umm Al Emarat Park is inviting the public to gear up and join its first-ever night-time Neon Book Hunt, taking place daily from 6:00pm up to 9:00pm. Using maps, LED neon lights, clues and their detection skills, little ones and adults will have the chance to ‘hunt’ for books dispersed ...

Dubai / WAM Smart Dubai, the Government entity tasked with leading Dubai’s smart transformation, has won three awards at the Stevie Awards 2019 – one Gold, one Silver, and one Bronze. The Award Gala took place in Vienna, Austria. The Gold Stevie was awarded to Smart Dubai’s Smart Employee application in the Human Capital Management Solution category. In addition, Smart ...

Abu Dhabi / WAM Abu Dhabi won first place in the Best Destination – Middle East category for the second consecutive time at the Travel Weekly Asia Readers’ Choice Awards 2019. The award coincided with the emirate’s participation in the 12th edition of the ITB Asia travel trade show in Singapore, where the Department of Culture and Tourism – Abu ...

Bloomberg China’s top trade negotiator offered positive signals that talks with the US are making progress and both sides are working towards a partial trade deal. “China and the US have made substantial progress in many aspects, and laid an important foundation for a phase one agreement,” Vice Premier Liu He said at a technology conference in Nanchang, Jiangxi. He ...