Dubai / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Idex and Navdex 2023 exhibitions, which will be held from February 20-23, will host over 15 high-level panels focusing on three main themes. The panels will feature prominent intellectual leaders and decision makers from around the world, who will discuss innovative technologies and solutions ...
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Jawhara, NDC team up to promote natural diamond dream in UAE
Dubai / Gulf Time The Natural Diamond Council (NDC), a not-for-profit organisation dedicated to promote and support the natural diamond industry has partnered with leading jewellery brand, Jawhara Jewellery, to enhance aspiration and desire for natural diamonds in the UAE. This intriguing collaboration will showcase the inherent and emotional value of this billion-year-old jewel and inform and educate people ...
Read More »Emirates doubles services to Brisbane
Dubai / Gulf Time Emirates is continuing its restoration of operations in Australia with the introduction of an additional daily service to Brisbane. This comes as the airline proudly celebrates 20 years of serving Brisbane, one of Emirates’ four Australian gateways in its global network. Starting June 1, Emirates will operate the second daily flight to and from Brisbane ...
Read More »SCCI continues its role in boosting Sharjah’s competitiveness
Sharjah / WAM Sharjah Chamber of Commerce and Industry (SCCI) continued in the last year its leading role in creating the best investment environment, reinforcing the position of the emirate of Sharjah as a global business hub and bolstering its competitiveness and economic potential by following a strategy based on protecting the interests of businessmen and supporting its members ...
Read More »European assets now all the rage as US markets sputter
Bloomberg After years of playing second fiddle to the US, European assets are now charging ahead and leaving Wall Street in the dust. Euro-area equity markets are up 38% since the end of September in US dollar terms, and enjoying their best start to a new year ever. Meanwhile, the region’s investment-grade credit is ahead of its US peers ...
Read More »Poland expects to get EU recovery funds in second half of 2023
Bloomberg Poland expects to obtain a first tranche of European Union aid in the second half of this year, Premier Mateusz Morawiecki said on Saturday. A bill that promises to give the government access to €35.4 billion ($38.3 billion) in post-pandemic funding cleared its first hurdle on Friday after the ruling party secured a majority in parliament to push ...
Read More »UK gives rail firms permission to make new offer to unions
Bloomberg UK Transport Secretary Mark Harper has given rail companies permission to make a new offer to unions this week in a bid to ending strikes. A “revised mandate†had been given to rail companies to go into negotiations in the coming days and it’s important to give the two sides space “to try and reach a conclusion,†Harper ...
Read More »US household formation late last year seen slowing further
Bloomberg High inflation, rising interest rates and increased economic uncertainty may be telegraphing a further slowdown in US new household formation during the closing months of 2022. A slowdown in home sales due to high mortgage rates, coupled with the latest figures from RealPage Market Analytics that show a sharp decline in apartment demand — the first since 2009 — ...
Read More »China’s imports of ICs fall in two decades
Bloomberg China’s imports of integrated circuits declined in 2022 for the first time in almost two decades. Imports of ICs fell 15% last year to 538.4 billion units from 635.6 billion units in 2021, according to data from General Administration of Customs released Friday. That’s the first annual drop since at least 2004 when Bloomberg started tracking the data. ...
Read More »Germany wants to reuse data centers’ heat. No one is buying it
Bloomberg Germany wants to force its power-hungry data centers to harness excess heat for warming residential homes — an effort which the industry warns is likely to fall flat. The country has become one of the largest global hubs for data centers thanks to its clear data protection and security laws. Politicians are now trying to re-purpose some of their ...
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