DUBAI/ WAM The UAE has taken significant steps towards supporting the digital content production sector and investing in its capabilities to increase its contribution to the country’s economy. This initiative is a key focus of the UAE’s National Strategy for Cultural and Creative Industries and complements a series of initiatives to attract professionals in the creative industries and innovative content …

DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met with participants of the annual ‘Camel Trek’ at the Seih Al Salam area of Al Marmoom Desert Conservation Reserve in Dubai. The camel trekkers were heading to the Heritage Village in Global Village after embarking on a …

BLOOMBERG South Korea is again in damage control mode, seeking to contain fallout from a construction firm’s debt woes that risk replicating replicating a recent credit crunch. In the cross-hairs this time is Taeyoung Engineering & Construction, which shocked markets late last month with a request to reschedule payment terms for project financing loans. These securities were also the source …