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Etihad Airways returns to Beijing

  Abu Dhabi / WAM Etihad Airways has announced that it resumed passenger flights between Abu Dhabi and Beijing. Etihad Airways inaugural flight EY888 landed in Beijing on Thursday morning at 05:25 (local time), becoming the first regular direct international passenger service to return to Beijing under the latest mandate of the Joint Prevention and Control Mechanism of the State ...

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Mercedes models most in demand in UAE

  Sharjah / Gulf Time Anas Waheed, Executive Director of the Mohammed Waheed Motors Corporation, confirmed that the car trade economy in the UAE has triumphed over the global epidemic, as it has witnessed rapid growth and a clear recovery in the sales and export sector. He noted that Mercedes-Benz cars of all categories and modern models are highest in ...

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Abu Dhabi’s manufacturing sector to hit AED172b by ’31

  Abu Dhabi / WAM His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Member of Abu Dhabi Executive Council and Chairman of Abu Dhabi Executive Office, on Thursday launched the Abu Dhabi Industrial Strategy to strengthen the emirate’s position as the region’s most competitive industrial hub. Abu Dhabi government will invest AED10 billion across six transformational programmes to ...

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Hub71, e& enterprise to launch UAE’s first AI center of excellence

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and e& enterprise, part of e& (formerly known as Etisalat Group), Thursday announced the launch of the region’s first AI CoE. The launch highlights the importance of pursuing partnerships and collaborations with businesses, governments, investors, and startups to create a smarter, safer, and more sustainable world through the co-creation ...

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Mubadala Petroleum celebrates decade of growth

  Abu Dhabi / WAM Mubadala Petroleum, the Abu Dhabi headquartered international energy company, has celebrated its tenth anniversary after emerging as an independent entity from Mubadala’s energy unit in 2012. Since then, the company has continued to grow and now spans eleven markets, employs over 500 people and is making a significant contribution to the energy transition through its ...

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And, the workers of the world are uniting again!

  For decades, workers made do with a smaller share of the spoils of capitalism, and the labour unions who represented them shed members and influence. Now employees are finding their collective voice again, and not before time. Tight job markets and the soaring cost of living are fuelling demands for higher pay and better working conditions on both sides ...

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Wheels have come off electric vehicles

The world’s biggest car company, Toyota Motor, reluctantly released an electric vehicle in May. Weeks later, it recalled 2,700 of them because there was a risk in their wheels — the most fundamental component — would fall off. If that’s the level of quality and safety traditional auto giants are willing to commit to, then investors and regulators should increase ...

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Will China overtake the US on Mars missions?

  In 2033, a US spacecraft will return to Earth carrying the second cache of rocks ever collected from the surface of Mars. The first cache? It will have been collected by China two years earlier, in 2031, according to plans released by one of China’s top space scientists. Of course, there’s no guarantee that either mission will succeed. But ...

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Markets signal a kind of pyrrhic inflation victory

  Inflation almost seems passe. The worry of the moment is now economic growth. That’s not unreasonable, as the latest update shows US gross domestic product declined at an annualised rate of 1.6% in the first quarter. With the huge exceptions of the Covid-scarred first two quarters of 2020, this was the weakest US growth since the spring of 2009. ...

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