News

  Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD) has partnered with Zayed Higher Organisation for People of Determination (ZHO) for the production of 2,500 reusable bags branded with “Mission to Zero”. Mission to Zero is a public awareness campaign that strives for zero plastic, waste, emissions and destruction of biodiversity through activations and outdoor advertising. The ...

  Abu Dhabi / WAM The Department of Health – Abu Dhabi (DoH) and the Make-A-Wish Foundation UAE (MAWF), signed a memorandum of understanding assisting the foundation to reach children with critical illnesses between the ages 3 and 18 years and grant their wishes to enrich them with joy, hope and strength during their medical treatment in the emirate’s healthcare ...

  Bloomberg With China’s massive construction sector still in a funk and the US and Europe likely heading into recessions, India has emerged as a savior for flagging global steel demand. Poised to overtake China as the world’s most populous country next year, India is in the midst of a building boom. Prime Minister Narendra Modi is seeking to modernise ...

  Bloomberg PLDT Inc is in talks with suppliers and vendors to cancel some projects and seek discounts as the Philippines’ biggest phone company by revenue aims to cut its 48-billion peso ($860 million) spending overrun. “The discussion also includes the possible replacement of certain projects that will be cancelled, with new projects that will improve revenue growth and customer ...

  Bloomberg India’s top investigating agency arrested the founder of Videocon Group Venugopal Dhoot, after it arrested Chanda Kochhar, a former chief executive officer at ICICI Bank Ltd, and her husband Deepak Kochhar on charges related to alleged improper lending. Dhoot was called in for questioning and arrested by the Central Bureau of Investigation (CBI), according to his lawyer Sandeep ...

  Bloomberg Profits at industrial firms in China declined in the first 11 months of the year, as production slowed and factory-gate prices fell amid Covid disruptions. Industrial profits in the January-November period fell 3.6% from a year earlier, the National Bureau of Statistics (NBS) said. That compared with a decline of 3% in the first 10 months of the ...

  Bloomberg Apple faces about $98 million in back taxes in Japan, a bill that appears to be tied to bulk sales of duty-free devices to foreign tourists, Nikkei reported. Japan’s tax-free shopping for visitors staying less than six months doesn’t apply to purchases for resale purposes, according to the report. At least one transaction at an Apple store involved ...

Bloomberg Japan will require negative Covid-19 test results for travellers coming from China, as the country of 1.4 billion throws open its borders from January 8 and abandons its Covid Zero policy at a rapid pace. The policy will take effect from December 30, Prime Minister Fumio Kishida told reporters in Tokyo. Those who have been in mainland China within ...

  New York / WAM Ambassador Lana Nusseibeh, Assistant Minister of Foreign Affairs and International Cooperation for Political Affairs and Permanent Representative of the UAE to the United Nations, expressed the UAE’s strong condemnation of the decision by the Taliban to ban women from working in national and international non-governmental organisations (NGOs) in Afghanistan. Ambassador Nusseibeh warned that at a ...

  Abu Dhabi / WAM The Ministry of Economy has announced that Creative Zone, one of the UAE’s largest consulting and business establishment companies, has joined the NextGenFDI initiative through foreign direct investments which launched in July 2022, with the aim of attracting digitally advanced companies to enter the UAE market, and developing the next generation of startups in the ...