Dubai / Gulf Time Dubai Refreshments (PSC) was established as a limited liability company in 1959 by the Decree of His Highness Sheikh Maktoum bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai. In July 1994, the company amended its status to a Public Shareholding company. In 1962, it was awarded the sole franchisee ...

ABU DHABI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, chaired the UAE Cabinet meeting held at Qasr Al Watan Abu Dhabi. The meeting was attended by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; ...

  DUBAI / WAM The Dubai Investment Development Agency (Dubai FDI) at the Department of Economy and Tourism (DET) gained international recognition for its successful efforts in capturing FDI trends and patterns towards positioning the city as a global investment destination. The ‘Dubai FDI Monitor’ open data initiative was recently recognised as a best practice among investment promotion agencies (IPAs) ...

  Bloomberg Germany is increasingly getting vital chemicals from abroad as the country’s industrial giants like BASF SE struggle with sky-rocketing energy prices from Russian gas cuts. Chemical import volumes have almost doubled this year as the crisis deepened. Germany imported around 2.8 billion tonnes of inorganic chemicals in the first half of 2022, according to Germany’s federal statistics office. ...

She wasn’t just Britain’s Queen — Elizabeth II belonged to the world. It’s moving how the peoples of so many nations embraced this quiet, emotionally reticent woman who reigned in a country that once bestrode the world as an empire. In her decades at the helm, she found a different role, with monarchy as the glue of continuity. In the ...

If 2021 was the breakthrough year for mRNA vaccines, then 2022 may be the breakthrough year for artificial intelligence. So far there have been major advances in text generation and image generation, and now investor Nat Friedman is predicting big developments in AI personal voice assistants. More innovation will surely follow. With so much in the works, it is worth ...

  What can rich countries do to help the developing world battle climate change? What’s happening in South Africa right now embodies that central question of fairness. Africa’s third largest economy is also the world’s 12th most serious emitter of carbon dioxide. At COP26 in Glasgow last November — the UK, US, France, Germany and the rest of the EU ...

  It’s time: Congressional Democrats need to get the ball rolling on ending the risk of defaulting on the nation’s debt. If they don’t tackle this before the current term ends, we run the risk that a Republican House majority will be irresponsible enough to allow a default to happen. That’s why the Democrats should seize the opportunity during the ...

  Bloomberg As Chinese consumers curb their spending in a pandemic-stricken economy, one discount e-commerce firm is emerging as a clear stock-market winner. Shares of Pinduoduo Inc, which sells everything from groceries to beauty products, have soared 43% over the past month, ranking as the top performer in the Nasdaq Golden Dragon China Index, which has slipped 0.9%. The stock ...

Bloomberg US officials have agreed on an updated framework for investigating major accidents in the commercial space industry as human tourism and flights hauling hardware into orbit expand rapidly. The National Transportation Safety Board (NTSB), the independent agency that leads investigations into plane crashes, will conduct similar reviews for mishaps involving private sector rockets and space capsules, according to an ...