Bloomberg Thailand is considering taxing stock trading for the first time in more than three decades, and making crypto traders part with a share of their profits, as the government hunts for revenue to fund billions of dollars in pandemic relief. Prime Minister Prayuth Chan-Ocha’s government is expected to decide by end-January on the method and rate of taxing ...

  Bloomberg Microsoft Corp shares rise in late trading, reversing an earlier decline, after the software giant gave a forecast that reassured investors the company’s Azure cloud-computing business still has potential to drive growth. Earlier, Microsoft had reported quarterly sales that topped $50 billion for the first time and profit that exceeded analysts’ estimates, fuelled by cloud, gaming and Windows ...

  ABU DHABI / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has praised Russia’s supportive stance for the UAE, during the last session of the UN Security Council, on the terrorist attacks by the Houthi militia on civil facilities in the UAE. During His Highness Sheikh Abdullah’s call to Russian Minister ...

  Abu Dhabi / WAM Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies. The new company, MW Energy Limited, will act ...

  DUBAI/ WAM Emirates Health Services (EHS) launched the world’s first Healthcare Metaverse platform – MetaHealth – showcasing the pilot version of the project at the Arab Health 2022 exhibition. The platform allows users to enter the virtual world using only their smart devices. This is particularly useful for ‘People of Determination’ – a top priority in the UAE – ...

  ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that it has created a new, wholly owned subsidiary, Adnoc Murban RSC Ltd (Adnoc Murban), which will become the primary debt capital markets issuing and rated entity for Adnoc Group. Adnoc Murban is expected to be rated “AA” by Standard & Poor’s (S&P), “Aa2” by Moody’s ...

  RAS AL KHAIMAH / WAM Marjan, RAK Hospitality Holding, and Wynn Resorts Limited, the US-listed international developer and operator of luxury resorts, announced a multibillion-dollar integrated resort development on the man-made Al Marjan Island in Ras Al Khaimah. The spectacular Al Marjan Island is only 15 minutes from the Ras Al Khaimah International Airport and 45 minutes from the ...

  Dubai / WAM Mubadala Health on Tuesday announced its foray into the provision of healthcare services in Dubai. The expansion of Mubadala Health into Dubai is in collaboration with the Dubai Health Authority (DHA) and the Ministry of Health & Prevention (MoHAP). Mubadala Health is committed to a significant investment in Dubai’s healthcare sector, starting with the opening of ...

  Dubai / WAM Mubadala Health on Tuesday announced its foray into the provision of healthcare services in Dubai. The expansion of Mubadala Health into Dubai is in collaboration with the Dubai Health Authority (DHA) and the Ministry of Health & Prevention (MoHAP). Mubadala Health is committed to a significant investment in Dubai’s healthcare sector, starting with the opening of ...

  AJMAN / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, extended his greetings and best wishes to His Highness Dr Sheikh Sultan bin Muhammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on the occasion of the 50th anniversary of his assumption to power in the emirate of Sharjah. His ...