BLOOMBERG Tesla Inc delivered more vehicles than expected in the fourth quarter as the Elon Musk-led company dropped behind China’s BYD Co in global electric-car sales. Tesla handed over 484,507 vehicles in the last three months, beating analysts’ average estimate for 483,173 deliveries. BYD sold 526,409 fully electric vehicles in the quarter to become the new No 1 in EVs, …

DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the Cabinet Decision to expand the scope of companies subject to Emiratisation targets, where more than 12,000 companies with 20-49 employees, are required to hire at least one UAE citizen in 2024 and another one in 2025. The ministry recently notified, via its digital system, more …

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) in Sharjah has entered into a strategic agreement with Halliburton, one of the world’s leading providers of products and services to the energy industry, in yet another significant move bolstering its appeal as an investment destination in the oil and energy sector. Under the agreement, Halliburton will expand its footprint within …