News

  Dubai / WAM Tecom group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The group is expanding its leasing portfolio to capture the increasing demand in Dubai’s commercial real estate market underpinned by the emirate’s economic ...

DUBAI / GEORGE TOWN / WAM Under the patronage and presence of Dr Mohamed Irfaan Ali, President of the Cooperative Republic of Guyana, the governments of the UAE and Guyana launched the Guyana Coders Initiative (GCI). This forthcoming initiative was conceived as part of government knowledge exchange collaboration between the two countries and marks a first in Latin American. This ...

  Abu Dhabi / WAM The Abu Dhabi Judicial Department (ADJD) has launched an extensive awareness campaign for workers in labour camps in the emirate of Abu Dhabi, aiming to further the dissemination of legal culture among workers and to make them aware of their rights and duties guaranteed by the law in the UAE, particularly with the implementation of ...

  Abu Dhabi / WAM Emirates Development Bank (EDB), one of the key financial engines for the economic development and industrial advancement of the UAE, announced its recognition for Best Micro Finance Bank in the Middle East by the 2022 Global Banking & Finance Awards. The Best Micro Finance Bank Middle East 2022 award falls under the Micro & SME ...

  Abu Dhabi / WAM Edge group entity, Jaheziya, a single-stop service provider for defence solutions and emergency response services, and Abu Dhabi Maritime Academy (Adma), a world-class maritime education and training institute, part of AD Ports group, announced on Monday they have signed a memorandum of understanding (MoU) to expand regional fire safety and maritime training programmes. As per ...

  Bloomberg The US is “not in the business” of aiding rival chip-producing countries, Ambassador to Japan Rahm Emanuel said, as the White House steps up efforts to deny China access to American technology. “It’s one thing if you’re going to have competition,” Emanuel said in an interview with Bloomberg Television. “The other thing is if you actually help the ...

Bloomberg Elon Musk, under fire for recent policy changes at Twitter Inc, is asking users whether he should step down as head of the social media site. With the poll set to end in New York, around 57% of the 16 million voters have said yes. The billionaire owner of Twitter and chief executive officer of Tesla Inc will abide ...

Bloomberg The UK is encouraging consumers to cut their energy use as part of a campaign aimed at scaling back demand for power and natural gas in the face of soaring bills this winter. Prime Minister Rishi Sunak’s government started its long-awaited public energy-saving campaign, just as the country emerges from a week of freezing temperatures that caused demand to ...

  Bloomberg Headspace Health, the maker of a popular meditation and mental-health mobile app, cut about 50 jobs, or 4% of its workforce, the latest internet startup to scale back as funding dries up and economic growth decelerates. The Santa Monica, California-based company had about 1,200 workers before eliminating the positions, a spokesperson said. Headspace competitor Calm, another meditation app, ...

  Bloomberg On the outskirts of Cape Town, at the base of Table Mountain and set back from a tangle of freeways, the Liesbeek and Black rivers meet in a small stretch of marshland. The 37-acre plot isn’t pristine — it lies next to a railyard and was until recently home to a golf course — but for centuries, this ...