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Duphat to welcome top global pharma firms, manufacturers

Dubai / WAM The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition – Duphat 2023, is set to take place next week for three days starting on January 10 at the Dubai World Trade Centre (DWTC). The largest pharmaceutical gathering in the Middle East and Africa will witness its largest event size to date as it expects ...

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Sheikh Abdullah, Turkish foreign minister condemn storming of Al Aqsa Mosque

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, made a phone call to Mevlüt ÇavuÅŸoÄŸlu, Minister of Foreign Affairs of the Republic of Türkiye, during which they discussed the recent developments in Afghanistan and the storming of Al-Aqsa Mosque. HH Sheikh Abdullah and ÇavuÅŸoÄŸlu discussed mutual concerns over ...

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RTA’s express bus route to shuttle commuters between Dubai, Hatta

  Dubai / WAM Dubai’s Roads and Transport Authority (RTA) has launched an express bus route to shuttle commuters between Dubai and Hatta to support the public transport services to Hatta. At the same time, it launched another domestic bus route to operate within Hatta, which is experiencing extensive improvements in infrastructure and tourist facilities and services. The area boasts ...

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China hits pause on giant chip spending aimed at rivaling US

  Bloomberg China is pausing massive investments aimed at building a chip industry to compete with the US, as a nationwide Covid resurgence strains the world’s No. 2 economy and Beijing’s finances. Top officials are discussing ways to move away from costly subsidies that have so far borne little fruit and encouraged both graft and American sanctions, people familiar with ...

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India’s services sector rises at fastest pace in 6 months

Bloomberg Activity in India’s dominant services sector grew at its fastest pace in six months in December, buoyed by fresh business orders and signaling optimism about Asia’s third-largest economy. The S&P Global India Services Purchasing Managers Index rose to 58.5 last month from 56.4 in November 2022, data showed. Helped by a strong performance in the manufacturing sector, the composite ...

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Byju’s founder raising funds to buy back 15% of company

  Bloomberg Byju Raveendran, the founder of the world’s most valuable edtech startup Byju’s, is in financing talks to lift his stake in the company to as high as 40%, people familiar with the matter said. The former teacher is seeking funding to finance the stake repurchases — which could amount to as much as 15% of the firm — ...

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Chinese officials discuss easing of ban on Australia coal imports

  Bloomberg Chinese bureaucrats are discussing plans to resume some imports of Australian coal after a more than two-year ban as relations between the nations improve. The National Development and Reform Commission (NDRC) held talks on proposals to allow four major importers — China Baowu Steel Group Corp, China Datang Corp, China Huaneng Group Co and China Energy Investment Corp ...

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Russia raises death toll in Ukrainian rocket attack, blames cell-phone use

Bloomberg Russia raised the death toll in a Ukrainian rocket attack on New Year’s Day, to 89, the largest such loss it’s yet acknowledged in the war, blaming soldiers’ mobile-phone use for exposing their location. But Russian military bloggers, who have often been sharply critical of the Defense Ministry’s handling of the war, accused commanders of negligence for stationing mobilised ...

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China, Philippines agree to boost ties

  Bloomberg The presidents of China and the Philippines agreed to strengthen cooperation and discuss maritime differences amicably after meeting in Beijing, according to Chinese state media. “China is willing to properly handle maritime issues with the Philippines side through friendly consultation, and restart negotiations on oil and gas exploration,” China Central Television quoted President Xi Jinping as saying. The ...

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Abu Dhabi to host first Green Hydrogen Summit on Jan 18

  Abu Dhabi / WAM Abu Dhabi Sustainability Week (ADSW), the global initiative championed by the UAE and its clean energy powerhouse Masdar to accelerate sustainable development, will hold its first annual Green Hydrogen Summit this year, highlighting green hydrogen’s growing importance in the global drive towards net zero. The Green Hydrogen Summit 2023, taking place on January 18, will ...

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