WASHINGTON, DC / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Antony Blinken, US Secretary of State, in Washington. They discussed ways to further broaden and deepen the strong US-UAE partnership, and cooperation in the fields of security, climate, trade exchange and investment. During the talks, the two sides highlighted ...
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Emirates Relief Field hospital continues to provide medical care for Turkish quake victims
GAZIANTEP, Türkiye / WAM The Emirates Relief Field hospital continues to receive the injured and those affected by the recent earthquake in Türkiye. At the İslahiye district of Gaziantep, residents flock to the hospital that has a reception desk and various specialised departments for emergency, surgical operations, intensive care, dental care, CT, x-ray; and an outpatient clinic, laboratory and pharmacy. ...
Read More »Ben Hudson, David Harman named Q Properties CEO, CDO
Abu Dhabi / Gulf Time “Q Holdingâ€, Abu Dhabi’s major investment conglomerate, announced the appointment of two senior executives to lead its subsidiary, “Q Propertiesâ€, in its new phase of development. “Q†appointed Ben Hudson as the new Chief Executive Officer (CEO) and David Harman as the Chief Development Officer (CDO) of the group’s development arm, “Q Propertiesâ€, paving ...
Read More »Abu Dhabi powerboats to Kopiko for Formula 1 opening round
Abu Dhabi / Gulf Time Abu Dhabi powerboat team’s star and Emirati champion Thani Al Qamzi is gearing up for a new season of “Formula 1 World Championship†to be held in the Indonesian city of Kopiko. The first round is scheduled to take place February 24- 26. Famously known as “The White Sharkâ€, Thani Al Qamzi is preparing ...
Read More »Ford invests $3.5 billion in EV battery plant with Chinese firm
Bloomberg Ford Motor Co is investing $3.5 billion in an electric-vehicle (EV) battery plant in southwest Michigan that it will operate with technology and support from a Chinese battery maker that has stirred political controversy. The factory near Marshall, Michigan, will employ 2,500 workers, Ford said, confirming a Bloomberg report. The facility is set to open in 2026 and will ...
Read More »Singapore’s Aspire snags $100m even as VC market slows
Bloomberg Aspire Pte, a fintech startup serving businesses, raised $100 million in a round that more than doubled its valuation, defying a market downturn for young tech firms. The Singapore-based company said in a statement it struck a deal for financing led by Lightspeed and Sequoia Capital Southeast Asia. Paypal Ventures, Tencent Holdings Ltd, LGT Capital Partners and previous ...
Read More »Adani rout rattles confidence in local insurer assets: Bain
Bloomberg Embattled tycoon Gautam Adani’s challenges have knocked the confidence of strategic insurance investors seeking to establish partnerships in India, according to Bain & Co’s mergers and acquisitions head for Asia Pacific. Global firms, which typically hold significant stakes in the government-regulated sector, are worried about finding strong local partners who they can trust, said Bain’s Harshveer Singh. “They ...
Read More »Global warming is making India prone to extreme weather events
Bloomberg India is likely to witness more extreme weather events, including intense heat waves, heavy flooding and severe drought that pose challenges to food and energy security for the second-most populous nation. “The extremes are increasing — hot is becoming hotter and cold is becoming colder,†said M Ravichandran, the top bureaucrat at the country’s earth sciences ministry. This trend ...
Read More »Malaysia to focus on living costs, raising wages
Bloomberg Prime Minister Anwar Ibrahim is exploring how to boost wages for Malaysian workers, as gloomy economic prospects pose headwinds to his fledgling administration. Malaysia plans to set a wage growth target for all workers and formulate policies to support this, Economy Minister Rafizi Ramli told a press conference. The National Economic Action Council will meet in March to ...
Read More »Dabur mulls acquisitions to expand across India, SE Asia
Bloomberg Dabur India Ltd, a major consumer goods maker controlled by the billionaire Burman family, is scouting for acquisitions at home and in Southeast Asia as it works to establish its presence in a new overseas market amid heated domestic competition. On the back of its $71 million purchase of spice producer Badshah Masala Pvt Ltd in October, the ...
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