ABU DHABI / WAM A high-level UAE delegation headed by Abdullah bin Touq Al Marri, Minister of Economy, will be visiting the Kingdom of Morocco on Thursday to explore prospects for enhanced cooperation in the next phase. The meetings will also help explore promising investment opportunities in the markets of the two countries and strengthen them during the next ...

  ABU DHABI / WAM Maqsoud Kruse, Chairperson of the National Human Rights Institution (NHRI), and a delegation from the United Arab Emirates University (UAEU), discussed enhancing cooperation in scientific research, developing curricula and empowering students in the field of human rights. The UAEU delegation was headed by Prof Dr Ahmed Ali Murad, Associate Provost for Research at UAEU. During ...

  ABU DHABI / WAM Khawla Art and Culture is hosting an exhibition titled “A Vibrant Land”, showcasing the work of professional Emirati photographer and documentary filmmaker Ali bin Thalith. Running until June 16, the exhibition is showcasing the wildlife scenes photographed by Ali bin Thalith. Sheikha Khawla bint Ahmed Khalifa Al Suwaidi, Founder of Khawla Art and Culture and ...

Now that Vladimir Putin’s war on Ukraine is more than 100 days old and Ukraine fatigue is setting in for most people, I’m finally able to think more or less rationally about a calamity that has turned my world, and that of many like-minded Russians, upside down — though in a much less traumatic way, of course, than it has ...

It takes a lot of guts to spend $42 billion in a single year on factories and equipment just as global interest rates are rising and economies are slowing. Even Taiwan Semiconductor Manufacturing Co’s (TSMC) investors had started to doubt the world’s biggest chipmaker. But the company’s confidence was on display again when Chairman Mark Liu told shareholders it expects ...

  The best political slogans are simple and direct: Think “It’s the economy, stupid,” or former UK leader Tony Blair’s “Tough on crime, tough on the causes of crime.” Japanese politicians don’t typically excel at these soundbites. That’s what made former Japanese Prime Minister Shinzo Abe’s “Three Arrows” of Abenomics such a standout — using a simple folk tale, it ...

  The corporate sector isn’t the economy. It’s possible that the economy can be brought into a “soft landing” of lower inflation and somewhat lower growth, and many are hoping for that. But it wouldn’t necessarily follow that companies and their investors would get away for free. What, to start with, would happen to corporate credit? There’s a lot of ...

Bloomberg Target Corp cut its profit outlook for the second time in three weeks as it rushes to ease an inventory surge by marking down items and cancelling orders. Soaring merchandise stockpiles and “unusually high transportation and fuel costs” prompted Target to cut its outlook for operating profit to about 2% of sales this quarter. The company had projected the ...

  Bloomberg Administrators for PT Garuda Indonesia have acknowledged claims worth 120.5 trillion rupiah ($8.3 billion) as the beleaguered airline seeks to restructure its debts. Documents posted online showed the biggest claim coming from Airbus SE at more than 7.8 trillion rupiah. Oil company PT Pertamina, which is looking to recover 7.5 trillion rupiah, also featured on the list labeled ...

  Bloomberg Singapore Airlines Ltd will start selling sustainable aviation fuel credits in July, a move that will help travelers mitigate carbon footprints as businesses and governments work to reach net zero emissions by 2050. The city-state’s flag carrier plans to sell 1,000 SAF credits to travelers and freight forwarders, it said in a joint statement with the Civil Aviation ...