Bloomberg China’s embattled technology shares looked like the worst was behind them as they rallied towards a bull market this week — until Beijing took aim at gaming companies again. After a six-month rout that wiped out almost half the market value of stocks on the Hang Seng Tech Index, the gauge had rebounded 17% from its August low by ...

Sharjah / WAM The International Government Communication Forum (IGCF) 2021 is organising exciting brainstorming sessions and youth interactions to initiate conversations to mobilise the youth alongside the key stakeholders such as the media, and social media influencers, thereby integrating their voices and contributions as future leaders into the nation’s developmental journey. The forum will be held on the sidelines of ...

Bloomberg The Biden administration is weighing a new investigation into Chinese subsidies and their damage to the US economy as a way to pressure Beijing on trade, people familiar with the matter said. Top Biden economic advisers, including US Trade Representative (USTR) Katherine Tai and Commerce Secretary Gina Raimondo, are meeting to discuss the potential probe, the people said. They ...

Emirates Business The Ministry of Industry and Advanced Technology (MoIAT) signed three separate MoU with Etisalat, Emirates Steel and Taqa, the Abu Dhabi National Energy Company, as the first three large national companies joining, to mark their commitment to the National In-Country Value (ICV) Program. The move is part of UAE’s wider National Strategy for Industry and Advanced Technology, which ...

Bloomberg The International Monetary Fund’s (IMF) mission may start its review of Ukrainian government policies as soon as September 21 as the country seeks to unlock a $5 billion loan frozen since last year. The mission will probably work virtually because of the pandemic, Vladyslav Rashkovan, Ukraine’s representative at the Washington-based lender, told reporters at the YES conference in Kyiv. Ukraine ...

Dubai / WAM DP Wo­­­rld, UAE Region’s Jebel Ali Free Zone (Jafza), seeks to pave the way for the construction industry with its participation in The Big 5 2021. One of the largest construction and contracting events in the Middle East region, the event is scheduled to take place from September 12-15 at the Dubai World Trade Centre (DWTC). Jafza’s ...

Abu Dhabi / WAM Abdullah Mohamed Almazrui, Chairman of Abu Dhabi Chamber of Commerce and Industry has received Madiyar Menilbekov, Ambassador of Kazakhstan to the UAE, at the Chamber’s tower in Abu Dhabi. Attended by Mohamed Helal Al Mheiri, Director General of Abu Dhabi Chamber, both sides discussed promoting economic and trade cooperation between businesses in both Abu Dhabi and ...

MOSCOW / WAM The activities of the “Sharjah Week in Russia” held during the visit of Sharjah’s trade mission to Russia are currently underway. The mission is headed by the Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC). The mission held the Sharjah-Russia Business Forum under the title “Cooperation Opportunities between Industrial Companies”, ...

Sharjah / WAM The Sharjah Airport International Free Zone Authority (Saif Zone) is taking part in The Big 5, the largest and most influential building and construction exhibition in the Middle East, Africa and South Asia, which takes place from September 12-15 at the Dubai World Trade Center. The Saif Zone will leverage this opportunity to highlight its various services ...

Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 298,919 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. As ...