ABU DHABI / WAM Arab youth have named the UAE as the country in the world they would most like to live in and the one they would most like their own nation to emulate for the 10th straight year. This is one of the main findings of the 13th Annual ASDA’A BCW Arab Youth Survey released on Tuesday. This ...
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Enoc opens new service station in Dubai South
Dubai / WAM Enoc Group has announced the opening of a new service station in Dubai South, an urban master development focused on the aviation and logistics ecosystem, in close proximity to the Expo 2020 Dubai site. This takes the total number of Enoc service stations to 156 across the UAE. The new service station will cater to residents and ...
Read More »Zayed University, EDB join hands to boost UAE’s higher education system
Dubai / WAM Zayed University (ZU) has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to empower the new generation of leaders through a unique model of problem-solving academia, where students are equipped with cross-disciplinary skills that are relevant in today’s fast-paced job market. The MoU was signed by Saeed Al Dhaheri, University Council Board Member, Zayed ...
Read More »North Korea shows expanding array of missiles to hit US
Bloomberg Kim Jong Un showed off his increasingly varied arsenal of missiles designed to frustrate US defense systems, in a rare display that appeared to be the North Korean leader’s latest effort to break a diplomatic stalemate over his nuclear program. Blaming the US for “creating regional tension with wrong decisions and action,†Kim vowed at a defense forum to ...
Read More »Macron unveils $35 billion plan for industrial revival
Bloomberg French President Emmanuel Macron unveiled a 30-billion-euro ($35 billion) plan to create the high-tech champions of the future and reverse years of industrial decline in the euro area’s second-largest economy. The plan, dubbed “France 2030,†foresees investing the funds over five years in sectors including nuclear and renewable energy sources, electric cars, semiconductors and robotics. “I want us to ...
Read More »Global PC sales stunted by supply, logistics snarls
Bloomberg Computer sales grew at the slowest rate since the start of the pandemic due to component shortages and logistics snarls, according to the latest report by IDC. The key US market shrunk for the first time since sales cratered in the first quarter of 2020 with the coronavirus outbreak, the market researcher said. Shipments there fell 7.5% in the ...
Read More »UK pays most since Brexit vote to borrow compared to Germany
Bloomberg UK government bond yields have climbed to levels last seen before the Brexit referendum in 2016 relative to German peers, as traders brace for inflation in Britain over the next decade to far outpace the rate in Europe’s largest economy. The extra yield investors demand to own 10-year gilts over equivalent bunds jumped to more than 125 basis points ...
Read More »US farmers reap bigger crop profits, boost stockpiles
Bloomberg It turns out that 2021 was a pretty good year to be an American farmer. After struggling through extreme weather, a trade war and tepid demand in recent years, things started to turn around this season as Chinese buying roared back. What’s more, crops proved resilient against bouts of dryness that hit some parts of the Midwest, and analysts ...
Read More »World’s first Warner Bros hotel to open on Yas Island in November
Abu Dhabi / WAM Miral in collaboration with Warner Bros. announced on Monday that The WB Abu Dhabi hotel on Yas Island, operated by Hilton under the Curio Collection brand, will open its doors to guests on November 11. Featuring one of the finest collections of Warner Bros. archives, guests at the world’s first Warner Bros. hotel will be treated ...
Read More »Expo 2020 records 411,768 ticketed visits in first 10 days
Dubai / WAM Expo 2020 Dubai has welcomed 411,768 ticketed visits in its first 10 days since the start of the first World Expo being held in the Middle East, Africa and South Asia (Measa) region. Visitors belonged to 175 nationalities, with one in three visitors came from abroad. A number of ticket options are open to visitors, with Multi-Day ...
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