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  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 ...

  Bloomberg The European Union (EU) reached an agreement to strengthen and expand its flagship carbon market, endorsing the centerpiece of the Green Deal strategy that aims to make its economy climate-neutral by mid-century. Under a provisional deal announced by representatives of EU member states and the European Parliament, emissions trading will be extended to heating and road transport, and ...

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to the Emir of Qatar, HH Sheikh Tamim bin Hamad Al-Thani, on the occasion of his country’s National Day. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a ...

  Sharjah / Gulf Time Stalwarts from the world of business came together on the Tech Stage at the 6th Sharjah Entrepreneurial Festival (SEF) 2022 to share their invaluable know-how and personal experiences with a fully-packed audience, eager to upskill their entrepreneurial abilities. “In any economy across the globe, SMEs contribute to almost 90% of the GDP. Why? Because 60% ...