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 ...
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US’ Headspace app cuts 50 workers
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, ...
Read More »Amazon, ancient tribe Khoisan face off over Cape Town office
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 ...
Read More »EU strikes landmark deal to bolster carbon market
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 ...
Read More »UAE leaders wish Emir of Qatar on National Day
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 ...
Read More »SMEs contribute almost 90% of GDP in any economy: Panelist
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% ...
Read More »DLD’s judicial arm settles 100,000 lawsuits in 9 years
Dubai / WAM Nine years of fulfilment, giving, and sustainable development reflects the journey of the Rental Disputes Centre (RDC), the judicial arm of Dubai Land Department (DLD), launched according to a systematic developmental journey to achieve social and economic stability for all those involved in the real estate rental sector and other relevant sectors, establishing a specialised judicial system ...
Read More »UAE, Scotland discuss renewable energy projects
Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, led an Emirati delegation of business and investment leaders on a visit to Scotland, to discuss renewable energy projects and other potential areas of cooperation, such as science. The delegation included Rashid Abdul Karim Al Balooshi, Under-Secretary of Abu Dhabi Department of Economic ...
Read More »UAE is continuing to achieve prosperity in various sectors
Dubai / WAM The UAE’s leadership continues to champion gender balance as a national priority. The SDG 5 Pledge to Accelerate Gender Balance in the UAE Private Sector has a target of increasing the representation of women in leadership roles to 30 percent by 2025 to ensure their full and effective participation at the highest levels of decision making. ...
Read More »ADFD, ‘Al Dahra’ discuss ways to develop agriculture sector
Abu Dhabi / Gulf Time A delegation from Abu Dhabi Fund for Development (ADFD) and the Abu Dhabi Exports Office (Adex), visited Al Dahra Agricultural Company in Khalifa Industrial Zone (Kizad), one of the leading firms in the UAE’s food and agriculture sector. The delegates held a meeting with the company officials, where they explored ways to enhance cooperation ...
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