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  Dubai / WAM The Department of Planning and Development — Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, completed about 16,000 transactions through its Licencing Department during the first half of 2022, registering a growth of 22 percent as against the same period last year. The Licencing Department provides corporate licencing services to local and ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons of carbon emission since its launch three years ago and until June 30. These reductions were from identifying 1,062,781 water leakage reports, 23,199 defects, and 11,566 cases of increased load. The service sends instant notifications to ...

Bloomberg The top American naval commander in Asia criticized what he said were unsafe and provocative actions by Chinese warplanes, reiterating US complaints about behavior that officials argue could prompt a clash. Vice Admiral Karl Thomas, commander of the US Navy’s Japan-based Seventh Fleet, expressed concern Tuesday about increasingly assertive efforts by the People’s Liberation Army to intercept US and ...

  Bloomberg A gauge of New York state manufacturing activity plunged by the second-most in data back to 2001, with sharp declines in orders and shipments that indicate an abrupt downturn in demand. The Federal Reserve Bank of New York’s August general business conditions index slumped more than 42 points to minus 31.3, with the drop just behind that seen ...

  Dubai / WAM The Museum of the Future signed a strategic partnership agreement with Dubai Electricity and Water Authority (Dewa) to showcase unique technologies and solutions related to the future of environmental sustainability and renewable energy. The agreement aims to pave the way for constructive research that helps solve today’s ecological challenges. This agreement is working towards enhancing Dubai’s ...

  ABU DHABI / WAM Zayed University (ZU) has launched “The UAE Inclusive Youth Network”, which successfully educated and trained 41 students over the summer of 2022 to become peer educators and facilitators in topics related to People of Determination inclusivity, accessibility, and technology. The Youth Network, was initiated by the Department of Student Accessibility Services at Zayed University and ...

  DUBAI / WAM The Information & Communication Technology Sector Development Fund (ICT Fund) has announced that scholarships granted by the “Be’tha” programme have reached 1,876 since the launch of the programme back in 2010. The scholarships focused on developing national human cadres in ICT-related disciplines such as Telecommunications Engineering, Electrical & Electronics Engineering, Computer Engineering, Computer Science, Artificial Intelligence, ...

  Bloomberg Investors wanting to gauge the health of global consumer sentiment should look no further than China’s factories right now. Makers of Christmas decorations to clothing and tents say orders from overseas customers are drying up, with some predicting the best they can aim for is flat demand versus last year, according to more than a dozen export managers ...

  Bloomberg Bhavish Aggarwal, who founded India’s top ride-hailing startup and then moved into manufacturing electric scooters, is expanding his business empire again, unveiling plans to enter the electric-car market in competition with local giants like Tata Group and global automakers from Hyundai Motor to Tesla. The 36-year-old entrepreneur said that Ola aims to launch its first electric car in ...

Bloomberg Thailand’s baht rebounded so rapidly in the past few weeks on optimism about the country’s tourism-led growth that it’s already hit year-end analyst targets. The currency jumped 2.3% to about 35.45 per dollar this month, leading gains in Asia by a wide margin. In addition to rising forecasts for tourists arrivals, the advance is also being driven by a ...