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YAOUNDÉ, Cameroon / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has stated that the UAE is one of the most significant investors in Africa, especially in sectors that will have great future worldwide over the next twenty years, such as infrastructure, food security, renewable energies, communications and other prospective sectors. In an interview with ...

  Abu Dhabi / WAM Surface parkings will be free of charge in Abu Dhabi during the holiday starting from Thursday, December 1 until 7:59 AM on Monday, December 5. Darb toll gate system will be free of charge during the holiday starting from Thursday, December 1, and will be reactivated on Monday, December 5 during the regular peak hours ...

  Sharjah / WAM Sharjah Museums Authority (SMA) has announced free entry to its museums in celebration of the UAE’s 51st National Day and Commemoration Day on December 1-2. Additionally, SMA will be hosting an array of entertaining and educational activities for members of the public from all age groups. Activities marking the occasions, that are presented in Arabic and ...

  Dubai / WAM Moro Hub, a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority (PJSC), inked a definitive agreement with Saimos (Situational Awareness, Infrastructure Management & Operations Security), a leader in Geographic Information Systems (GIS), AI-based Video Analytics as well as custom developments targeting Security, Safety and Critical Infrastructure. The partnership complements Moro Hub’s ...

  Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, led the UAE delegation to the meetings of the 38th Ministerial Session of the Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (Comcec), held in Istanbul at the level of ministers and high-ranking officials. “The UAE, under the leadership of President His ...

Bloomberg India’s economy probably expanded at a slower pace last quarter as price pressures, rising interest rates and sluggish trade tempered demand in Asia’s third largest economy. Gross domestic product is estimated to have risen 6.2% in the three months to September from a year ago, according to a Bloomberg survey of economists, cooling from a 13.51% growth reported in ...

  Bloomberg The slump in Hong Kong’s home prices will deepen next year due to the combination of rising borrowing costs, a recession and an exodus of residents, according to Natixis SA. Residential prices are expected to fall 12% in 2023 and 2% the following year, taking the drop from the peak in late 2021 to 25%, Natixis analysts led ...

  Bloomberg China’s wind turbines will get even cheaper next year, supporting exports as products from western competitors become more expensive, according to one of the country’s leading manufacturers. Export prices will drop by 15% to 20% per kilowatt of capacity in 2023, according to Zhejiang Windey Co, one of China’s top four turbine makers, as newer units become more ...

  Bloomberg Japan’s availability of jobs increased for the 10th month in October, pointing to further tightness in the labour market that will likely keep upward pressure on wages. The job-to-applicants ratio climbed to 1.35 last month, meaning there were 135 jobs offered for every 100 applicants, the labour ministry reported. It was a slight rise from 134 positions a ...

Bloomberg Godrej Industries Ltd, part of a 125-year-old Indian conglomerate, is looking to boost the number of oil palm plantations as the government aims to raise local output and cut the nation’s heavy imports. The group’s agriculture and chemicals arm Godrej Agrovet Ltd — India’s largest oil palm processor backed by Singapore’s sovereign wealth fund Temasek Holdings Pte — will ...