News

  Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW) 2023, the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will feature a series of high-level sessions focused on the key priorities for sustainable development ahead of the United Nations Climate Change Conference (COP28), to be held in the UAE from November ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa) provides a motivational and sustainable environment to support women in the workplace and their active participation in sustainable development, as well as ensuring psychological and social stability for working mothers. Aligned with this vision, Dewa was one of the first government departments to establish nurseries (Childcare Centres) to take care of ...

  Abu Dhabi / WAM The UAE Public Prosecution has ordered the arrest of a private company director who was proven to have faked the employment of Emirati citizens. The suspect allegedly forged e-documents, faked employment contracts, and falsely stated that his company had hired Emirati citizens, with the aim of obtaining the benefits and financial support provided by the ...

  DUBAI / WAM The Dubai Foundation for Women and Children (DFWAC) has launched a WhatsApp channel to receive reports of violence as well as requests for psychiatric, social, or legal advice. The new service, which aims to upgrade the foundation’s services, facilitate and speed up the provision of services, can be obtained by texting the foundation on WhatsApp through ...

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) with the support of its affiliate, Magnati, is collaborating with PayRow Net through the Ports Customs and Free Zone Corporation (PCFC) to establish a best-in-class digital payment platform to spur Dubai’s shift towards becoming a cashless economy. The new payment ecosystem is set to transform the existing payment gateway, leading ...

Bloomberg Australia is eyeing India’s burgeoning middle class to help offset the economic damage wrought to some of its major exports by the twin headwinds of Covid-19 and heavy restrictions imposed by its biggest trade partner, China. With a middle-to-high income population of about 85 million people, according to Pew Research — roughly three times Australia’s total population — it’s ...

  Bloomberg India is likely to spend less on subsidising fertilisers as global prices fall and the government looks to narrow its budget deficit, according to people familiar with the matter. Officials are considering slashing the fertiliser subsidy bill to 1 trillion to 1.5 trillion rupees ($18 billion) for the 2023-24 fiscal year starting April, according to the people, who ...

  Bloomberg Malaysia’s urbanisation rate has nearly tripled since 1970, with three-quarters of the nation’s residents now living in cities. The nation’s urban population expanded to 24.4 million in 2020 from 3 million in 1970, according to a report by the Department of Statistics. The rural population saw rose slightly to 8.1 million from 7.5 million in the period. The ...

Bloomberg Thailand will exceed its most-recent target for foreign tourist arrivals by about 15%, buoyed by a year-end rush of visitors from Europe and the United States, according to the government’s tourism agency. At least 11.5 million international travellers will come this year, compared to a target of 10 million, according to Yuthasak Supasorn, governor of the Tourism Authority of ...

  Bloomberg Shanghai, the world’s biggest container port, is isolating the shipment of international goods to prevent disruptions to global exports as a Covid wave sweeps across China. The port is keeping overseas vessels in a closed-loop zone to avoid massive delays, according to an oil-shipping broker. In addition, most infected staff have mild symptoms, and there are backup teams ...