News

  Abu Dhabi / WAM Non-oil foreign trade between the UAE and Kuwait has grown 87 percent over the past ten years to reach AED43 billion by the end of 2022, compared to AED23.3 billion in 2013, according to preliminary data issued by the UAE’s Federal Competitiveness and Statistics Centre (FCSC). The FCSC data showed that the total trade between ...

  Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, Supreme Chairwoman of the Family Development Foundation and Honourary President of the Emirates Red Crescent (ERC), has directed to arrange medical treatment for a number of Syrian earthquake victims, including children, in the UAE hospitals. ...

Sharjah / WAM Expo Centre Sharjah (ECS) wrapped up the eighth edition of Paper One Show on a high note. The exhibition managed to cement its leading position as one of the key regional events specialised in the paper industry. The event’s eighth edition – organised by Al-Furat Fair Organiser and supported by Sharjah Chamber of Commerce and Industry (SCCI) ...

  Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has announced its participation at the 31st edition of the New Delhi World Book Fair, which will be held from February 25 to March 5. The fair, a key cultural platform among international book ...

  ABU DHABI / GULF TIME Team Abu Dhabi is all set for another title battle as UIM F1H2O World Championship launches its new season on Tuba Lake in Kopiko, Indonesia on Saturday. On Friday, the Emirati team began the journey of defending the championship title with the first round launched in a variety of qualifying phases. At the end ...

  Bloomberg The UK needs to advance its green finance agenda or risk falling behind as rivals pursue ambitious regulatory and subsidy programs, according to an expert panel advising the government. The nation’s Green Technical Advisory Group (GTAG) said the government should provide clarity to investors on what a green investment is through a so-called taxonomy. The UK’s rules should ...

  Bloomberg Alphabet Inc’s Google urged employees to discuss sensitive topics via chats that would be automatically deleted after 24 hours and the company should face penalties for failing to preserve records needed for an antitrust suit, Justice Department lawyers told a federal court. Google assured the government’s lawyers that it was maintaining all records starting in November 2019, according ...

  Bloomberg Space-launch company United Launch Alliance (ULA) delayed the debut flight of its next-generation rocket, Vulcan, by at least a month to early May. Vulcan will be ready by mid-April but the mission’s main payload, a lunar lander built by Astrobotic Technology, can only launch within short, specific time windows each month, the company said in a press conference. ...

  Bloomberg Beyond Meat Inc surged in late trading after reporting fourth-quarter sales that exceeded expectations and the plant-based meat maker showed progress towards its goal of becoming profitable. Fourth-quarter revenue of $79.9 million was above the average estimate of $75.7 million compiled by Bloomberg. It surpassed expectations in US sales to retailers and restaurants, as well as in international ...

  Bloomberg Ericsson AB, one of the world’s biggest providers of 5G networking equipment, plans to cut 8,500 staff worldwide to reduce expenses after the market for its telecommunications gear stopped growing. The bulk of the cuts at the Swedish maker of mobile networks will take place during the first half of the year, although some will be in 2024, ...