News

ABU DHABI / WAM Zayed Higher Organisation for People of Determination (ZHO) produced bags made by Women of Determination — by recycling fabrics and materials — to be donated to the Sheikha Fatima Fund for Refugee Women. Dr Maitha bint Salem Al Shamsi, Minister of State, appreciated this initiative of supporting the participation of People of Determination in the UAE’s ...

DUBAI / WAM Silver Line Gate Group (SLG) is constructing a new manufacturing, warehouse and corporate offices facility, spanning 1.37 million square feet at Dubai Industrial City, a member of Tecom group. The AED200 million manufacturing facility is set to open in Dubai Industrial City in 2025 to bolster the UAE’s commitment to building a self-reliant food security programme. SLG ...

BLOOMBERG Starbucks Corp is investing £30 million ($36.1 million) to open and renovate coffee shops in the UK, pushing on with expansion in a market where profit has dropped due to soaring costs of coffee beans and labour. Starbucks aims to add 100 stores in the UK in the next year, the US coffee chain said as it reported results ...

BLOOMBERG German Chancellor Olaf Scholz said talks were constructive with the European Union in resolving a dispute over plans to ban new combustion-engine cars in the bloc from 2035, after Berlin derailed the effort this past week. Scholz met with European Commission President Ursula von der Leyen on the sidelines of a government retreat in Meseberg north of Berlin. The ...

DUBAI / GULF TIME CellSave Arabia, the UAE’s only licensed private stem cell biobank, is proud to be at the forefront of the regenerative medicine revolution. In 2022, the company successfully released over 100 stem cell units from its state-of-the-art laboratories for transplant to treat over 12 diseases in the UAE. These achievements are a testament to CellSave Arabia’s commitment ...

DUBAI / GULF TIME American manufacturer of bicycles for comfortable riding, Electra Bicycle Company, announced its entry into the UAE market. It has recently opened a 2 million- euro flagship store spanning an area of 109 square meters in Bluewaters Island in Dubai. The staff can speak five languages, so customers from different countries can easily talk to them. The ...

ABU DHABI / WAM Thought leaders and entrepreneurs from around the world discussed the opportunities presented by AI and quantum computing to optimise efficiency and growth in all walks of life, during Investopia 2023 conference. The session, titled “Quantum Leap: Transforming Industry Through Quantum Computing & AI”, was led by Jan Goetz, CEO and co-Founder of IQM Quantum Computers, Joanna ...

DUBAI / WAM A UAE delegation, headed by Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, has concluded an official visit to Oman, during which ways of enhancing cooperation in fish farming, achieving net-zero targets, mangrove plantation and the UAE’s preparations for the 28th Conference of the Parties (COP28). The visit culminated in the signing of an ...

SHARJAH / WAM Sharjah is set to showcase its unique and authentic tourism experiences at the world’s largest travel trade show, ITB Berlin from March 7-9, in which more than 15 government and private entities will be participating in the Sharjah exhibition along with the “Sharjah Commerce and Tourism Development Authority” (SCTDA), showcasing the diverse and vibrant aspects of the ...

DOHA / WAM HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, has stressed the importance of doubling support for the Least Developed Countries (LDCs) and enhancing their response to the complex problems they face, especially in the fields of health, education, poverty, debt settlement, food security, and others. He also noted that developmental problems ...