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Taiwan’s 2021 exports soar to $446bn on tech demand

  Bloomberg Taiwan exports extended their double-digit growth for a tenth month, with shipments from the island in 2021 smashing all records due to soaring demand for technology products and components. Overseas shipments in December grew 23.4% from a year earlier to $40.7 billion, according to a statement from Taiwan’s Ministry of Finance Friday. Exports in 2021 were a record ...

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New chairman named for ADX

  ABU DHABI / WAM ADQ has announced that Hisham Khalid Tawfiq Abdulkhaliq Malak has been appointed as Chairman of the Abu Dhabi Securities Exchange (ADX). He also serves as the Undersecretary of the Department of Finance. Additionally, Saeed Al Dhaheri, Chief Executive Officer of ADX, will also be ADX’s Managing Director.

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Green Universe showcases its plan for more sustainable UAE

  Dubai / WAM Green Universe has showcased its initiative titled “Creative Solutions for a Sustainable Green Connection of UAE”, in which it has addressed in detail the environmental, economic, health and social effects of the benefits generated from implementing the initiative. The function was attended by Ermal Dredha, ambassador of Albania in the UAE, Xhabir Hamiti, ambassador of Kosovo ...

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Dubai, Malaysia to enhance relations in tourism sector

  DUBAI / WAM Issam Kazim, CEO, Dubai Corporation for Tourism and Commerce Marketing met on Friday with YB Dato Sri Haji Abd Karim Rahman Hamzah, Minister of Tourism, Arts, Culture, Youth and Sports Sarawak, Malaysia and his accompanying delegation, at Dubai’s Department of Economy and Tourism (DET). During the meeting, they discussed a number of topics of common interest ...

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UAE reports 930 new recoveries from Covid-19

  Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 384,622 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases and carry out the necessary treatment. ...

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DCD, FDF conclude first phase of VR initiative for seniors

  DUBAI / WAM The Department of Community Development (DCD) in Abu Dhabi has concluded the first phase of the Virtual Reality (VR) initiative for the elderly, in cooperation with the Family Development Foundation (FDF). The experiment witnessed the participation of senior citizens and residents and was designed to explore the impact of VR and modern technology in strengthening communication ...

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Shell says trading results in gas stronger, but oil weaker

  Bloomberg Royal Dutch Shell Plc said its natural gas trading business overcame supply disruptions to post “significantly higher” earnings for the fourth quarter, but the unit that buys and sells oil fared much worse. It’s the latest in a series of mixed performances from an energy giant that’s under pressure on all sides from activist investors, to pension funds ...

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Greece to help people pay higher energy bills

  Bloomberg Greece is extending measures designed to help households and businesses pay their power and gas bills in January as the surge in energy prices shows no sign of let up. “The government will support households, farmers and also businesses against the global turmoil in energy prices for another month,” Prime Minister Kyriakos Mitsotakis said on Friday. While the ...

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The West needs to think beyond Vladimir Putin

  The riots in Kazakhstan that brought down its government on January 5 are just the latest sign of tension under the muddy ice crust into which the core post-Soviet authoritarian regimes have congealed — the same crust that broke in Ukraine in 2014, cracked but held in Belarus in 2020 and grew so thick in Russia last year that ...

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