News

  Dubai / WAM Dubai Holding, the global investment holding company, has launched its ‘Books for All’ programme, an initiative that aims to provide greater access to books for residents across the UAE. Launched in collaboration with Amal Education, the programme is aligned with the Reading Nation campaign, which was launched earlier this year as part of the Mohammed bin Rashid ...

  DUBAI / Emirates Business The Dubai Festivals and Retail Establishment (DFRE), an agency of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), lauded the solid partnership between the government and private sectors, describing it as a unique role model of public-private collaboration that works collectively with a single-minded purpose to achieve the common goal of promoting a destination. ...

  Sharjah / Emirates Business ‘Horouf,’ the innovative educational imprint of Kalimat Group – a publishing house dedicated to printing and distributing quality children books in Arabic – is continuing with its programme of activities taking place at its winter camp for children at Maktaba Al Qasba, Sharjah. Titled ‘Shitaa Bil Arabi’ (Winter in Arabic), the camp is set to ...

  ABU DHABI / Emirates Business With an aim to raise awareness and encourage the use of legal channels for sending money home among the Bangladeshi expatriates, UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, launched ‘Amar Bangladesh’. Derived from a Bangla term that literally means “My Bangladesh”, the new social awareness campaign stands out for its ...

  DUBAI / Emirates Business du announced a first-of-its-kind collaboration with Dubai Taxi Corporation, Roads and Transport Authority, to launch WiFi UAE access and smart screens in 500 cars of the Dubai Airport Fleet. This effort is in line with Dubai Government strategy to make Dubai the smartest city in the world, and wholly embodies the Smart Dubai strategy. “Our ...

  ABU DHABI / Emirates Business Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research commissioned by Masdar, Abu Dhabi’s renewable energy company. The Masdar Gen Z Global Sustainability Survey, which spoke to around 5,000 youth aged ...

  Bloomberg South Korea’s antitrust regulator slapped a record 1.03 trillion won ($853 million) fine on Qualcomm Inc. for violating antitrust laws, the latest in a string of government actions that threaten the US chipmaker’s most profitable business. The South Korean Fair Trade Commission said on Wednesday that the company licensed its key patents only to mobile-phone makers and didn’t ...

  Bloomberg Toshiba shares dived more than 20 percent on Wednesday in their second straight double-digit plunge, as the company said it may book a one-time loss of several billion dollars over its US nuclear business. The stock price dropped by 20.42 percent to 311.60 yen, the largest fall allowed for a single day, about 30 minutes after the opening ...

  Bloomberg Japan’s industrial output rose the most in five months in November as export volumes rebounded sharply, pointing to an expected economic expansion in the fourth quarter. Industrial production increased 1.5 percent in November from a month earlier (forecast +1.7 percent). Output is forecast to rise 2 percent in December and 2.2 percent in January. Retail sales rose 1.7 ...

Bloomberg Pakistan’s fourth nuclear power plant went online on Wednesday, a joint collaboration with China that adds 340 megawatts to the national grid as part of the goverment’s efforts to end a growth-sapping energy deficit. Pakistan is one of the few developing countries pursuing atomic energy in the wake of the Fukushima nuclear disaster in Japan in 2011, as it ...