News

Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) signed an MoU with Fiker Institute, an interdisciplinary think-tank which specialises in international relations, public policy and culture, to establish a knowledge partnership, with the aim of supporting Dubai’s cultural scene globally and advancing research on cultural and creative industries through panel discussions, publications, debates, and the exchange of experiences, ...

  Dubai / Gulf Time Géant, part of GMG, is expanding its regional footprint with the opening of its first supermarket in the UAE in Citylife Al Jurf in Ajman. With its customer friendly open-air market look and feel, this new concept will offer an abundance of choice and quality from the freshest groceries, imported and local fresh produce, meats, ...

  Dubai / WAM Enoc Group on Monday unveiled a new service station in Al Twar 1, Dubai, catering to the growing needs of the residential community and motorists using Al Quds Street. Strategically located diagonally opposite a service station inaugurated in collaboration with Dubai Police on Al Quds Street earlier this year, the new service station will meet the ...

Sharjah / WAM Beeah Group, the region’s leading sustainability pioneer, officially launched Beeah Education to consolidate its several programmes driven to raise awareness and engage people and institutions in shaping a sustainable future. Khaled Al Huraimel, Group CEO of Beeah Group, and Hind Al Huwaidi, Managing Director of Beeah Education, joined partners and colleagues to commemorate the occasion at Beeah ...

  Bloomberg China’s sudden reopening is set to offer a boost to a flagging world economy. The growth impulse will be felt through services sectors such as aviation, tourism and education as Chinese people pack their bags for international travel for the first time since the pandemic. Tourism-reliant nations in Southeast Asia will likely be among the first to note ...

  Bloomberg Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the first quarter, according to people familiar with the matter. Under the plan first announced on Friday with little details, the People’s Bank of China will channel 80 billion yuan ...

  Bloomberg Taiwan’s exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy’s leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains. Exports of IC chips — which are pivotal components of electronic appliances, computers and smartphones — rose 18.4% from a year earlier, ...

  Bloomberg Philippine President Ferdinand Marcos Jr. said he sees inflation that’s at a 14-year high easing as the government aims to boost agricultural output. “Inflation is high, so we’ll have to bring that down for the rest of the year, and I think it will,” Marcos said, according to a transcript of his media interview in Davos on Sunday. ...

  Bloomberg Didi Global Inc. has secured the green light to resume signing up new users, suggesting the worst is over for a ride-hailing giant that symbolized Beijing’s bruising campaign to rein in its powerful internet industry. The widely anticipated decision is one of the clearest signs yet that Xi Jinping’s administration, keen to jumpstart an economy that’s sagged under ...

Abu Dhabi / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said the UAE has launched 11 environmentally-friendly energy projects worth AED159 billion ($43.29 billion) in 2022. In an interview with the Emirates News Agency (WAM), Al Mazrouei stated that the UAE’s clean energy production in 2021 totalled 7,035.75 megawatts (MW), underscoring the country’s pioneering efforts in the ...