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  DUBAI / WAM As the 2022 World Cup in Qatar united the world to the Middle East, nearly 2,000 global business executives and investors will attend the World Corporate Summit in Dubai to share the vision of improving the world through business. Held in Dubai from November 21 until December 15 at the Palace Downtown Hotel, this record-breaking mega ...

Abu Dhabi / WAM The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), has helped develop an innovative new app that encourages adoption and mastery of the Arabic language. The ‘Scan and Learn Arabic’ app, launched in collaboration with Abu Dhabi’s Department of Community Development (DCD) and Department ...

  Bloomberg UK Chancellor of the Exchequer Jeremy Hunt delayed a decision on the support businesses will receive for their energy bills after March, sparking consternation from industry groups. While Hunt has extended assistance for domestic energy bills, he’s yet to say how much aid will be provided to companies after the current £18 billion ($22 billion) 6-month program ends. ...

  Bloomberg The drive to launch new carbon exchanges in Asia has reached new heights with Malaysia entering the fray, raising questions about how many will survive in a market that could be worth hundreds of billions in a few decades. Bursa Malaysia Bhd opened an exchange this month, joining more than a dozen that are under way or planned ...

  Bloomberg India’s unemployment rate in December climbed to its highest point since a nationwide pandemic lockdown, as the country struggles to produce enough jobs to absorb a growing workforce. The joblessness rate in the first three weeks of December was over 8% of the available labour force, Mahesh Vyas, head of the Centre for Monitoring Indian Economy Pvt Ltd, ...

  Bloomberg India’s biggest carmaker, Maruti Suzuki India Ltd, said government levies put vehicles beyond the reach of much of the population, adding to criticism of the country’s tax regime from Tesla Inc and Toyota Motor Corp. “Government policies are such that they treat cars as luxury products that need to be heavily taxed,” Maruti Chairman RC Bhargava said at ...

  Bloomberg After the worst year for initial public offerings (IPO) in Hong Kong since the financial crisis, bankers and analysts expect a recovery in listings in the Asian financial hub as China moves forward with reopening plans. Proceeds raised in the city totalled $12.9 billion in 2022, down 70% versus last year, outpacing the 29% contraction in the Asia ...

Bloomberg China is building up several unoccupied land features in the South China Sea, according to Western officials, which they said was part of Beijing’s long-running effort to strengthen claims to disputed territory and potentially bolster its military presence in a region critical to global trade. Fishing fleets that operate as de facto maritime militias under the control of authorities ...

Abu Dhabi / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Presidential Court and Chairman of the Board of the Emirati Talent Competitiveness Council has launched the first cycle of ‘Nafis Award’ for the year 2022-2023. The award aims to recognise private sector establishments that have excelled in hiring UAE nationals and fostered ...

  Dubai / WAM Tecom group has broken ground on the Innovation Hub Phase 2 in Dubai Internet City, as Dubai’s legislative framework and ease of doing business attract a high volume of international companies and investors. The group is expanding its leasing portfolio to capture the increasing demand in Dubai’s commercial real estate market underpinned by the emirate’s economic ...