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Most annoying car features of 2021

  Bloomberg The 2021 Mercedes-Benz S-Class comes with enough infotainment to entertain the most tech-obsessed passengers. Its OLED touchscreens span the dashboard like a pixelated surfboard, its heads-up camera is displayed in big-screen augmented reality, its on-board wellness systems surpass the serenity levels of several local spas in Los Angeles — all factors in why it ranks as the best ...

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Mercedes swept up in China’s internet furor over model’s eyes

  Bloomberg Mercedes-Benz removed a video advertisement from a Chinese social media website, after the clip got swept up in a charged national debate over depictions of Asian-looking features by foreign companies. The video was posted on Mercedes-Benz’s official Weibo account and later removed due to public backlash, the Communist Party’s Global Times newspaper said. “The makeup of the female ...

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Facebook pushes ahead with NYC project in bet on offices

  Bloomberg It’s been a bright spot for a New York office market that has been hit hard by the pandemic: Technology companies have continued to sign leases in Manhattan even as employees work remotely. That includes Meta Platforms Inc, formerly known as Facebook, which is betting on offices despite the disruptions caused by the pandemic. While many companies have ...

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Tesla raises prices in China to tame demand

  Bloomberg Tesla Inc raised the prices of two Shanghai-made models for the second time in just over a month amid soaring Chinese demand, the South China Morning Post reported. The carmaker announced on Friday a 3.9% increase in the price of its entry-level Model 3 to 265,652 yuan ($41,795) after subsidies, the paper said. The basic edition of the ...

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AD Ports revenue grows 22% to AED2.79bn in 9 months of 2021

  Abu Dhabi / WAM AD Ports Group emerged from a challenging 2020, when the global shipping industry was disrupted by Covid-19, to build a strong trajectory of growth throughout 2021, achieving a series of historic milestones and expanding its footprint in the region and beyond. AD Ports Group closed 2021 with the signing of a number of strategic agreements ...

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Abu Dhabi announces free parking on New Year

  Abu Dhabi / WAM Surface parking spaces in Abu Dhabi will be free of charge during the holiday on Saturday, January 1 until 7:59 am on Sunday, January 2, 2022. Additionally, the Mussafah Industrial area parking lot M18 will be free of charge during the official holiday. In an announcement, the Integrated Transport Centre (ITC) of the Department of ...

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Dubai reports AED5.6bn worth of real estate deals

  Dubai / Gulf Time Dubai saw the completion of 1,392 real estate transactions valued at AED5.6 billion during the week ending December 30, according to the Dubai Land Department (DLD). The DLD weekly report said 98 plots were sold for AED685.36 million, along with 994 apartments and villas for AED1.93 billion. The top three transactions were for a land ...

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Dubai to witness 2mn passengers on New Year Eve

  Dubai / WAM Dubai Airports said that an estimated two million passengers are expected to pass through DXB until January 8, 2022, with average daily traffic exceeding 178,000 travellers. January 2, 2022 will be busiest day of holiday season with more than 198,000 passengers expected. Dubai Airports also announced on Thursday that only ticketed passengers will be allowed entry ...

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EGA pays off $361 million debt ahead of schedule

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) on Thursday announced the early, full repayment of the project finance facilities extended by 13 export credit agencies and banks for the development of the company’s Al Taweelah smelter in Abu Dhabi. The project financing was extended to Emirates Aluminium, now an EGA subsidiary, for phase one of the project in ...

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Masdar to develop Georgia’s largest solar power plant

  ABU DHABI / WAM Masdar, one of the world’s leading renewable energy companies, has signed an agreement with the Georgian Energy Development Fund (GEDF) to develop a solar photovoltaic (PV) power project in the country, with a capacity of as much as 100 megawatts (MW). The project, which will be jointly developed with the GEDF, will be Georgia’s largest ...

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