Gaziantep / WAM The UAE field hospital in İslahiye, Gaziantep, Turkey, has provided urgent medical treatment and psychological support to 174 victims of the recent earthquake that struck Turkey and Syria. The hospital, located on a 40,000 square meter area, has 50 beds and four ICU beds, and has already performed three major surgeries while continuing its humanitarian efforts to ...
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Breakbulk Middle East 2023 sees 94% rise in attendees
Dubai / WAM Held under the patronage of the UAE Ministry of Energy and Infrastructure, Breakbulk Middle East 2023 concluded its second and final day with a commitment to promote female participation in the industry, and an increased focus on attracting young minds. The 2023 edition of the region’s leading breakbulk and project cargo event witnessed a 94 per ...
Read More »Dubai Chambers launches Innovation Week
Dubai / WAM Dubai Chambers has launched its own Innovation Week as part of UAE Innovates 2023, the government’s annual innovation festival. The Innovation Week included 13 events focused on promoting innovation through workshops, training, and educational discussions, with some sessions open to the public. Dubai Chambers’ aim was to create a culture of innovation among its employees and ...
Read More »Tawazun Council to showcase latest innovations in defense sector
Abu Dhabi / WAM The Tawazun Council has announced its participation in the International Defense Exhibition and Conference (Idex 2023) and the Naval Defence Exhibition and Conference (Navdex 2023), which will be held from February 20-24 at the Abu Dhabi National Exhibition Centre (Adnec). Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the event ...
Read More »The extraordinary exit of women of Silicon Valley!
Bloomberg The resignation of YouTube chief Susan Wojcicki after 25 years at Google is another example of an unsettling trend in Silicon Valley: High profile women are heading for the exits. Just this week, Meta Platforms Inc Chief Business Officer Marne Levine stepped down after 12 years at the social media juggernaut. Last year, Sheryl Sandberg left her role ...
Read More »Elon Musk shuts 2 of 3 Twitter India offices
Bloomberg Twitter Inc has shut two of its three India offices and told its staff to work from home, underscoring Elon Musk’s mission to slash costs and get the struggling social media service in the black. Twitter, which fired more than 90% of its roughly 200-plus staff in India late last year, closed its offices in the political centre New ...
Read More »Mercedes cars become ‘elusive’ after price jump
Bloomberg Driving a shiny new Mercedes-Benz may soon become a distant dream for many but the most affluent. The average price of a Mercedes reached some$76,590 last year — a 43% increase over 2019 levels. That chimes with the carmaker’s push even further upmarket by focusing on top-end models like the S-Class sedan to bolster profits. The company has ...
Read More »AutoNation expecting used-car prices to drop as volumes recover
Bloomberg AutoNation Inc, one of the biggest car dealership chains in the US, expects prices for new and used cars to decline this year as manufacturers crank up volumes and offer more incentives to price-sensitive buyers. The company said that fourth-quarter earnings rose to $6.37 a share, a record for the period and easily beating the $5.82 average forecast ...
Read More »UK’s Purplebricks puts up for sale
Bloomberg Purplebricks Group Plc, the UK estate agent that has seen its market capitalisation shrink from a peak of £1.4 billion in 2017 to a mere £26 million, is putting out the “For Sale†sign. The property broker has started a review that may result in a sale of the company or some of its assets after undertaking a ...
Read More »DoorDash forecasts profit growth over pricey takeout demand
Bloomberg DoorDash Inc shares jumped after an optimistic earnings report that showed resilient demand for pricey takeout even amid a cost-of-living squeeze. The company also said its president would be stepping down as part of a slate of executive changes. DoorDash is anticipating adjusted earnings before interest, tax, depreciation and amortisation of $120 million to $170 million in the ...
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