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DUBAI / WAM Abu Dhabi Department of Education and Knowledge (Adek) will leverage this week’s Gitex Global 2021 — the industry’s largest interconnected technology platform — to spotlight four ICT-related projects and initiatives driving innovation and digital transformation across the Emirate’s education sector. “Participating at Gitex Global is an opportunity to showcase how Adek continue to harness cutting-edge technology to ...

ABU DHABI / WAM Expo 2020 Dubai can serve as a role model for future global events in the new normal, to bring people from all over the world together again, according to Germany’s Commissioner General at the world’s greatest show. Speaking to the Emirates News Agency (WAM), Dietmar Schmitz said that hosting a global event during a worldwide pandemic ...

ABU DHABI / WAM Al Dahra Holding, an Abu Dhabi-based international conglomerate that specialises in agribusiness, has announced the opening of 5 new plants that will compress and dry animal feed in Serbia, Romania and Bulgaria. The new openings come in line with the company’s continuous efforts to expand its operations internationally, thus diversifying its sources of production and supply ...

Bloomberg Singapore is offering assistance to power retailers and promising safeguards for customers as skyrocketing prices strain its nascent open electricity market. At least two power providers have announced they will cease retail operations after wholesale prices surged to a record last week. The government is offering help in hedging against volatility for those who want to continue operations, the ...

Bloomberg Southeast Asian countries have agreed to exclude the Myanmar’s junta leader from a big ticket summit later this month, a rare and decisive move to hold the regime accountable for worsening civil strife in the country and refusing to engage with its political opponents. Myanmar, controlled by a military junta led by Min Aung Hlaing since a February coup, ...

Bloomberg President Joe Biden said he’d like to see his economic plan address a “whole range of issues,” even if funding for individual provisions must be pared back or timed to expire to keep the legislation’s cost down. “The question is how much of what is important can we get in the legislation,” Biden told reporters in Connecticut, after earlier ...

Bloomberg Elon Musk made a surprise appearance at a Volkswagen AG conference, addressing 200 executives of one of his biggest competitors about the German company’s pivot to electric vehicles, his management style, and supply chain and production issues. In a rare move by a corporate titan addressing a competitor, Tesla Inc’s chief executive officer spoke in the video conference at ...

Bloomberg Cost pressures, supply-chain chaos and a reopening letdown are set to plague Europe’s third-quarter earnings season, setting investors up for more disappointment than elation. While strong numbers from behemoths like LVMH and SAP SE reassured European stock investors last week, further good news may be needed to keep the rally alive. Rising inflation and a stalling global recovery pose ...

Bloomberg AstraZeneca Plc won a federal court ruling upholding a key patent for its diabetes drug Farxiga, staving off threats from cheaper versions. A trial without a jury in May centered on the validity of a patent that covers Farxiga’s active ingredient, dapagliflozin, its combination with a carrier and methods of treatment. Zydus Cadila conceded infringement before the trial, a ...

Abu Dhabi / WAM AD Ports Group on Saturday announced its financial results for the first half of the year ended 30 June 2021, reporting revenue increase of 21% year-on-year to AED 1,832 million ($499 million) compared with AED 1,517 million ($413 million) in the first half of 2020, driven by organic growth, diversification into new businesses, new leases and ...