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Investing in education could add $2.54trn to global economy: WEF

Geneva / WAM A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, World Economic Forum (WEF) said in its latest report. The compound effects of the pandemic, pre-existing inequalities, and the rapid technological change of the Fourth Industrial Revolution (4IR), mean ...

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dnata invests $17m to boost Erbil operations

  Erbil / WAM dnata, a leading global air and travel services provider, has announced a significant expansion of its operations in Erbil, Iraq. The company opened a new, advanced cool chain facility and a bus maintenance facility for its state-of-the-art bussing fleets at Erbil International Airport (EBL), which together represent a total investment of $3.5 million. dnata has also ...

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Yalla group sees AED265.7m revenues in Q1

  DUBAI / WAM Yalla Group Limited, the UAE-based leading voice-centric social networking and entertainment platform in the Middle East and North Africa (Mena), on Tuesday announced its financial results for the first quarter of the fiscal year 2022, recording AED 265.7 million in revenues. According to Yalla Group’s latest financial results, the GAAP and non-GAAP net margins during the ...

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