Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired the UAE cabinet meeting at Al Zorah Natural Reserve in Ajman, in the presence of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; and ...
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Big 5 to explore future-proofing of the construction industry
Dubai / WAM The 43rd edition of the Big 5, the largest and most influential construction event in the Middle East, Africa, and South Asia, will open on Monday, and start a four-day run at the Dubai World Trade Centre with an industry-altering and future-proofing agenda. The annual event will feature six specialised events addressing the entire sector eco-system, ...
Read More »Volunteering is an inherent human value in UAE: Hamdan bin Zayed
Abu Dhabi / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, and Chairman of the Emirates Red Crescent (ERC), affirmed that the UAE is witnessing steady growth in promoting volunteer work, thanks to the directives and initiatives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan. HH Sheikh Hamdan said ...
Read More »Expo Khorfakkan to host Jewels of Emirates exhibition for first time
Sharjah / WAM Expo Khorfakkan is all set for the first edition of the Jewels of Emirates exhibition, which is to run from December 8-11 with the support of Sharjah Chamber of Commerce and Industry (SCCI) and the supervision of Expo Centre Sharjah (ECS). The event boasts a host of elite specialised Emirati companies and designers along with some ...
Read More »German minister pursuing hydrogen in Namibia, S Africa
Bloomberg German Economy Minister Robert Habeck began a five-day trip to Namibia and South Africa Sunday, part of a push to secure new energy resources for Europe’s biggest economy to compensate for the cut-off from Russian gas supplies. During his first stop in the Namibian capital Windhoek, Habeck, who’ll be accompanied by a delegation of 24 German business leaders, ...
Read More »Shanghai eases Covid curbs as China’s policy shift expands
Bloomberg Shanghai eased some of its Covid restrictions, joining other top-tier Chinese cities as authorities expand a shift towards reopening the economy after thousands of demonstrators took to the streets last weekend to voice their anger at China’s Covid policies. The financial hub will scrap PCR testing requirements to enter outdoor public venues such as parks as well as ...
Read More »South Korea plans to order fuel, steel truckers back to work
Bloomberg South Korean President Yoon Suk-yeol asked his cabinet to be ready to issue an “imminent†return-to-work order on striking truck drivers in the oil and steel industries amid growing disruptions in the transporting of key materials in the global supply chain. The government should seek “every measure†to minimise inconveniences on companies and the public, Yoon said during his ...
Read More »Indonesian startup GoTo world’s worst large-size tech IPO in 2022
Bloomberg GoTo Group’s post-IPO stock selloff makes it the worst performer among 11 tech and internet companies that raised more than $500 million in inaugural share sales this year. Shares of the Indonesian startup provider of food delivery services to fintech solutions are falling for a 10th straight session, taking losses since listing to 61%. The recent slide was triggered ...
Read More »After taking on Facebook, Vietnam’s VNG sets its sights on world
Bloomberg A Vietnamese internet startup that’s successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode. VNG Corp, Vietnam’s answer to Tencent Holdings Ltd with games, messaging, videos and music among its services, is accelerating its international expansion, co-founder Le Hong Minh said in an interview at its headquarters ...
Read More »Pentagon chief Lloyd Austin warns China on Asia-Pacific
Bloomberg Secretary of Defense Lloyd Austin said the US is building a more lethal force posture in the Indo-Pacific as part of efforts to make sure China doesn’t dominate the region the way it intends to. China is “the only country with both the will and, increasingly, the power to reshape its region and the international order to suit its ...
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