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  Abu Dhabi / WAM The net earnings of 123 listed Emirati companies reached AED191 billion in 2022, indicating their robust financial position and healthy revenue growth. According to a report by the Emirates News Agency (WAM), the net earnings of national listed companies increased by 60% or AED72 billion from January 2022 to December 2022. Out of the total ...

  Dubai / WAM DMCC has reported a 17 percent year-on-year increase in the value of diamond trade in 2022, totalling $37.4 billion combined for rough and polished diamonds, including a 42 percent rise in the polished category and a consistently strong 7 percent rise in rough. The soaring figures are further evidence of the rapid rise of Dubai as ...

  Abu Dhabi / WAM Dr Ghassan Abbas, the ambassador of Syria to the UAE, has said that the UAE’s humanitarian efforts to provide relief to those affected by the recent earthquake that struck his country have the greatest impact in alleviating the sufferings of the people. In a statement to the Emirates News Agency (WAM), Abbas said that since ...

Abu Dhabi / WAM M.A Yusuff Ali, Second Vice Chairman of the Abu Dhabi Chamber of Commerce and Industry (ADCCI), reaffirmed the solid relations between the UAE and India, saying, “The UAE and India share a long history of solid relations, which laid the ground for signing the Comprehensive Economic Partnership Agreement (CEPA) last year. One of the key objectives ...

Abu Dhabi / WAM Dr Hamdan Al Mazrouei, Chairman of the Board of Directors of Emirates Red Crescent (ERC), said President His Highness Sheikh Mohamed bin Zayed Al Nahyan’s order to give an additional $50 million aid to the earthquake victims in Syria reflects the President’s desire to strengthen the humanitarian efforts there. This will help alleviate the sufferings of ...

Bloomberg The pace of decline in Hong Kong’s population abated as the city moved to reopen after years of pandemic isolation. The city’s population fell by a net 12,900 people in the second half of 2022, down from a decrease of 55,400 in the first six months, according to government data. The previously announced population drop of 121,500 in the ...

  Bloomberg The Reserve Bank of India published a list of 32 entities, including Alphabet Inc’s Google Pay, Amazon.com Inc’s Amazon Pay and Reliance Payment Solutions Ltd, that are allowed to act as online payment aggregators. The names were released for “disseminating information and ensuring greater transparency,” the central bank said on its website. Other approved entities include Zomato Payments ...

  Bloomberg Japan’s trade deficit surged to a record in January, as one-off factors including the lunar new year holidays dragged on exports amid a backdrop of a slowing global economy. The trade gap jumped to Â¥3.5 trillion ($26.1 billion) from Â¥1.45 trillion in December, topping Â¥3 trillion for the first time in comparable data going back the late 1970s, ...

  Bloomberg Keeping the cost of staple foods in check to protect the poor will be a top priority for Indian Prime Minister Narendra Modi as he plans for polls in several states this year and the all-important general election in 2024. That means the government will likely extend export curbs for wheat, which is an essential part of the ...

  Bloomberg China questioned whether the US genuinely seeks to repair ties damaged by the dispute over a balloon just as the two nations’ top diplomats head to a security conference in Germany, where they may have an opportunity to meet on the sidelines. The balloon saga “tests the US’s sincerity and capability to properly handle crises and stabilise relations ...