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UAE President meets world leaders, heads of delegations

Dubai / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan met a number of world leaders, officials and heads of delegations participating in the World Government Summit (WGS) 2023, which kicked off on Monday in Dubai. His Highness Sheikh Mohamed held separate meetings with HH Sheikh Ahmad Nawaf Al Ahmad Al Sabah, Prime Minister of Kuwait; Maeen Abdulmalik ...

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Empower revenues jump 13.3% to AED2.8bn in ’22

  Dubai / WAM Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the fiscal year 2022, with a total revenue of AED2.8 billion, and with a remarkable growth of 13.3 percent compared to 2021. The company has recorded a net profit of AED1.001 billion, representing an increase of 7 percent compared to the previous year. The company ...

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Jawhara Jewellery announces opening of its 90th store in UAE

  Ras Al Khaimah / Gulf Time Under the patronage and presence of Sheikh Mohammed bin Kayed Al Qasimi, Chairman of the Department of Economic Development in Ras Al Khaimah, and in the presence of media professionals and senior guests, the new branch of Jawhara Jewellery was opened in Manar mall in Ras Al Khaimah. With this, Jawhara reaches 90 ...

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AD Police launches new recording studio

  Abu Dhabi / WAM The Abu Dhabi Police (AD Police) has launched a new recording studio as part of its Security Media Department, Command Affairs Sector, to coincide with World Radio Day observed on February 13. The aim of the studio is to improve audio communications with the community and increase awareness of various police and security matters. Major ...

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Emirati Belselah wins UAE International Jet Ski Championship title

  Abu Dhabi / Gulf Time The curtain fell on the fifth and final round of the UAE International Jet Ski Championship held on Abu Dhabi’s breakwater. The championship witnessed the participation of 60 competitors, representing the UAE, Bahrain, Saudi Arabia, Kuwait, Qatar, Japan, Morocco, Jordan, Palestine and Hungary, who took part in 11 racing categories. The first place in ...

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Toyota’s new CEO assembles leadership team for EV future

Bloomberg Toyota Motor Corp unveiled several changes to its senior management as Koji Sato prepares to take over as chief executive officer, seeking to improve the carmaker’s strategy and messaging in the shift to an electric future and to take on Tesla Inc. Hiroki Nakajima becomes chief technology officer and Yoichi Miyazaki will be chief financial officer from April 1, ...

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Singapore eyes chips investments: Official

  Bloomberg Singapore will be looking to win its “fair share” of investments in semiconductor assembly and integrated circuit design, a top official said, amid a growing geopolitical divide between the US and China over trade and technology. The city-state will be focussing on the semiconductor value chain of activities, Beh Swan Gin, chairman of Singapore’s Economic Development Board, said ...

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China Covid-19 deaths drop 72% in a week as wave eases

  Bloomberg China’s weekly Covid deaths in hospitals slumped to less than 1,000 as the record wave of infections that rippled through the country following the abandonment of Covid Zero abates. There were 912 fatalities linked to Covid at hospitals between February 3 and February 9, down from 3,278 a week earlier, according to a report from the Chinese Center ...

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Renault, Nissan investing $600m to expand their car lineup in India

Bloomberg Renault SA and Nissan Motor Co unveiled their first joint project since announcing a revamp of their carmaking alliance last week. The pair will invest $600 million in India to expand their car lineup, add jobs and decarbonise a manufacturing plant in Chennai, the companies said in a joint statement. The initiative is a key element of the operational ...

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