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Bloomberg To defend itself against the federal government, Meta Platforms Inc says it needs its rivals to divulge some of their most closely held secrets. Facebook’s parent company has so far subpoenaed 132 companies for documents, including Snap Inc., ByteDance Ltd’s TikTok and the audio startup Clubhouse, and has warned that it may seek information from 100 more. The subpoenas ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has launched an integrated housing plan to provide 15,800 homes for nationals in Dubai over the next four years. The move follows the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...

  ABU DHABI / WAM The UAE tops 156 world competitiveness indicators, and is among the top 10 in 432 thereof, according to the Federal Competitiveness and Statistics Centre (FCSC). These indicators, which account for 30 percent of such global indexes, see the UAE excelling in several essential areas, including education, environment, climate change, security and safety, cybersecurity, infrastructure, flexibility ...

  ABU DHABI / WAM Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) hosted its first in-person, Opportunities Fair, connecting graduate students with 38 employers from various industries and sectors. Companies such as Adnoc, Mubadala Investment Company (Mubadala), DP World, Du Telecom, Etisalat, G42, Hewlett Packard, McKinsey & Company, Careem, and more, took part in an exhibition and set of ...

ABU DHABI / WAM Middle East Design and Build Week (MEDBW) and Middle East Manufacturing and Technology Expo (MEMT) kicked off on Monday at Abu Dhabi National Exhibition Centre (Adnec), UAE. The events support the national objectives of reforming the UAE’s industrial sector to achieve economic growth and strengthen the country’s footprint in the global manufacturing landscape. The events were ...

Bloomberg Russia hit power plants deep behind Ukrainian lines, causing blackouts across the northeast of the country as Kyiv’s forces pressed a lightning offensive that’s reversed months of Moscow’s advances. More than 30 settlements, including Kramatorsk and Dnipro, suffered Russian missile and air strikes over the past day, Ukraine’s General Staff said in its regular update on Facebook Monday. Kharkiv ...

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan discussed with Aleksandar Vucic, President of the Republic of Serbia, the various areas of the cooperation between their countries and prospects for enhancing it to advance their mutual interests, in addition to a number of regional and global issues and developments of mutual concern. The talks took ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi. The meeting was attended by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; ...

  DUBAI / WAM The Dubai Investment Development Agency (Dubai FDI) at the Department of Economy and Tourism (DET) gained international recognition for its successful efforts in capturing FDI trends and patterns towards positioning the city as a global investment destination. The ‘Dubai FDI Monitor’ open data initiative was recently recognised as a best practice among investment promotion agencies (IPAs) ...

  Bloomberg Germany is increasingly getting vital chemicals from abroad as the country’s industrial giants like BASF SE struggle with sky-rocketing energy prices from Russian gas cuts. Chemical import volumes have almost doubled this year as the crisis deepened. Germany imported around 2.8 billion tonnes of inorganic chemicals in the first half of 2022, according to Germany’s federal statistics office. ...