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China’s $22 billion injection may help in easing global market rout

Bloomberg A $22 billion injection into Chinese markets won’t be enough to prevent the country’s stocks and currency falling on Monday, but it may ease a global sell-off sparked by the spread of the coronavirus. That’s according to analysts after the People’s Bank of China and other regulators announced a slew of measures to shore up their financial markets when ...

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Dubai Economy sees 34% rise in trademark file registration

DUBAI / WAM The Commercial Compliance and Consumer Protection (CCCP), sector at Dubai Economy announced a 34 percent increase in trademark files and a 127 percent increase in commercial agency files registered in 2019 compared to the previous year. Trademark files registered at the CCCP in 2019 reached 5,157 and 50 commercial agency files were also registered during the same ...

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ION developing infra for electric vehicle mobility

SHARJAH / WAM ION, a UAE-based sustainable and smart transportation company, has partnered with the Sharjah City Municipality (SCM), and the Sharjah Electricity and Water Authority (Sewa), to supply, install and operate public electric vehicle charging stations across Sharjah. The move comes as part of accelerating the UAE’s ongoing electrification of its transportation and supporting the current electric vehicle network. ...

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