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Dubai / WAM Dubai Culture and Arts Authority (Dubai Culture) signed an MoU with Fiker Institute, an interdisciplinary think-tank which specialises in international relations, public policy and culture, to establish a knowledge partnership, with the aim of supporting Dubai’s cultural scene globally and advancing research on cultural and creative industries through panel discussions, publications, debates, and the exchange of experiences, ...

Bloomberg Natural gas prices in Europe dropped to the lowest level since September 2021 as the supply outlook got a boost with full stockpiles in China forcing buyers to send LNG cargoes to the continent. Benchmark futures fell as much as 15% on Monday, taking the decline so far this year to 27%. Chinese importers are trying to divert February ...

  Bloomberg China’s sudden reopening is set to offer a boost to a flagging world economy. The growth impulse will be felt through services sectors such as aviation, tourism and education as Chinese people pack their bags for international travel for the first time since the pandemic. Tourism-reliant nations in Southeast Asia will likely be among the first to note ...

  Bloomberg Chinese financial regulators and the nation’s biggest bad-debt management companies plan to offer as much as 160 billion yuan ($24 billion) of refinancing support to high-quality developers in the first quarter, according to people familiar with the matter. Under the plan first announced on Friday with little details, the People’s Bank of China will channel 80 billion yuan ...

  Bloomberg Taiwan’s exports of integrated circuit chips rose in 2022 for a seventh consecutive year, further solidifying the economy’s leadership status in a global semiconductor industry that has been roiled by US-China tensions and diversifying supply chains. Exports of IC chips — which are pivotal components of electronic appliances, computers and smartphones — rose 18.4% from a year earlier, ...

  Bloomberg Didi Global Inc. has secured the green light to resume signing up new users, suggesting the worst is over for a ride-hailing giant that symbolized Beijing’s bruising campaign to rein in its powerful internet industry. The widely anticipated decision is one of the clearest signs yet that Xi Jinping’s administration, keen to jumpstart an economy that’s sagged under ...

Bloomberg Japanese Prime Minister Fumio Kishida is looking beyond his country’s alliance with the US to deter China, bolstering security ties with democracies from Australia to Europe. On his tour of Group of Seven countries last week, which came after the biggest overhaul of Japan’s security policy since World War II, Kishida told French President Emmanuel Macron that the security ...

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Yoon Suk Yeol, President of the Republic of Korea, attended the exchanging and announcing of several agreements and memoranda of understanding (MoUs) to develop cooperation in various fields in light of the distinguished strategic ties binding the two countries. The agreements and MoUs announced included an ...

  Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and leading beverage producers, can-makers and waste management companies, on Sunday announced the launch of the “Aluminium Recycling Coalition”, which aims to drive a step-change in aluminium recycling in the UAE. The coalition was launched at EGA in ...

Dubai / WAM Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Idex and Navdex 2023 exhibitions, which will be held from February 20-23, will host over 15 high-level panels focusing on three main themes. The panels will feature prominent intellectual leaders and decision makers from around the world, who will discuss innovative technologies and solutions ...