Dubai / WAM More than 150 participants, including sustainability and CSR experts, business leaders and academics, came together for the Dubai Dialogue 2021 conference, organised by Dubai Chamber’s Centre for Responsible Business at Expo 2020 Dubai. The annual conference, held under the theme “Accelerating the Transition to a Circular Economy”, examined opportunities and challenges of investing in the circular economy, ...

Dubai / WAM Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber of Commerce and Industry, has discussed with Ruben Ramos Arrieta, Vice President of Cuban Chamber of Commerce, means of developing economic cooperation channels between Abu Dhabi and Cuba, and boosting talks between the business communities of both sides. This came during the meeting held between them as part ...

DUBAI / WAM The UAE moving towards an Artificial Intelligence economy gives more opportunities for the US to strengthen the existing bilateral relations, a senior US official told Emirates News Agency (WAM). “I think all these emerging technologies give us an opportunity [for the US and UAE] to strengthen the bilateral relationship. AI is an area that the US is ...

DUBAI / WAM Expo 2020 Dubai has recorded 1,471,314 visits since its launch 24 days ago. Continuing to bring Expo 2020 Dubai to a global digital audience, the number of virtual visitors has risen to 10.8 million since October 01, up from 9.3 million last week. These numbers were boosted by Expo’s Space Week, a stellar programme of music and ...

The US-China rivalry can be seen through many lenses. It is, as President Joe Biden has said, a competition between democracy and autocracy. It is a contest between an established power and the upstart seeking to claim its place. It is a race to master advanced technologies that will drive economic growth and military strength in the 21st century. But ...

Two years ago, a failed initial public offering made WeWork Inc the poster child for startup excess and corporate governance failure. Today, the shared-office provider finally joins the public markets, having completed a merger with a blank-check firm, BowX Acquisition. Its shares will trade on the New York Stock Exchange and the ticker is, of course, “WE.” This has been ...

The Asian Development Bank (ADB) and a handful of financial institutions will take an ambitious proposal to end Southeast Asia’s coal addiction to the COP26 climate talks. They want to speed up the shift away from the dirtiest fossil fuel by buying out coal-fired power plants and closing them early, while fostering green alternatives. Good news, considering the ADB only ...

Cryptocurrency has so far failed to sweep away government-issued money, or to bring about the broader revolution that its most ardent enthusiasts envision. But what if the underlying technology could be harnessed to transform traditional fiat currencies — for example, by making them much easier and cheaper for more people around the world to use? This goal might be attainable ...

Bloomberg Investors in emerging-market stocks are finally getting rewarded, as promising signs for company earnings prompt the longest weekly rally since June. For the first time in three years, developing-nation companies are beating profit forecasts, with average earnings coming in 3.6% above analysts’ projections, according to data compiled by Bloomberg. That helped to deliver a third week of gains for ...

Bloomberg Few people could have predicted the downward spiral for Alibaba Group Holding, when founder Jack Ma delivered a blunt criticism of China’s financial system last October. Yet one year on, the technology titan has lost a whopping $344 billion in market capitalisation — the biggest wipe-out of shareholder value globally, according to data compiled by Bloomberg. Shortly after the ...