Dubai / Emirates Business Malabar Investments, the international investment arm of Malabar Gold & Diamonds, one of the largest global jewellery retailer, announced that it has redomiciled the company with the Dubai International Financial Centre (DIFC) and the registration of its shares of international operations with Nasdaq Dubai’s Central Securities Depository (CSD) in a significant step that strengthens Malabar’s links ...

ABU DHABI / WAM Louvre Abu Dhabi’s Children’s Museum will reopen to the public on June 18 with a fantastic new exhibition that will take children on an interactive adventure of art and activities that will help them identify and explore their emotions. Combining entertainment and education for children aged four to 10, Emotions!: The New Art Adventure will feature ...

Abu Dhabi / WAM Masdar City, the sustainable urban development in the UAE, is set to play a key role in the global green recovery from Covid-19 as it continues to add sustainability-focused innovation and technology companies. The number of companies in the city’s free zone increased 26 percent in 2020, indicating the important role of the city and its ...

NEW YORK / WAM At the UN General Assembly’s High-level dialogue on desertification, land degradation and drought, the UAE has underlined that protecting the environment must be a priority for the international community. “We only have one home, one shelter – Earth,” said Dr Abdullah Al Nuaimi, Minister of Climate Change and Environment, through a video message. “Therefore, we all ...

Abu Dhabi / WAM The Abu Dhabi Emergency, Crisis and Disasters Committee has approved a pilot test of new scanners to identify potential Covid-19 cases at select locations in the emirate as part of efforts to further enhance the protection of public health and safety by using the most advanced technology. The state-of-the-art scanners add to existing precautionary measures, with ...

Dubai / WAM flydubai, the Dubai-based airline, has partnered with Alhosn, becoming the first airline to collaborate with the official UAE app for contact tracing and health testing related to Covid-19, to provide passengers with digital verification of Covid-19 medical records while travelling from the UAE. All flydubai passengers can now use the Alhosn app at check-in without having to ...

Last week, the Senate passed a measure that would allot $10 billion over five years for Nasa to develop two new lunar landers. Buried in a nearly $250 billion bill intended to boost innovation, the measure was equal to about 43% of the space agency’s total budget. Why the extravagance? On one level, it surely makes sense to build a ...

Alibaba Group Holding Ltd didn’t hide its frustration when turning away from Hong Kong in 2013 and choosing to list in the US instead. “The question Hong Kong must address is whether it is ready to look forward as the rest of the world passes it by,” co-founder Joe Tsai wrote in a blog post that chastised the city’s exchange ...

Consider the hedge fund manager’s dilemma. If all she has is $200 million to $300 million in assets under management, she’d barely be able to afford that swanky office and the half-dozen analysts she’d need to run the operation. So she works hard to establish a track record and begins to manage, say, $2 billion to $3 billion. At that ...

Federal Reserve officials, confronting developments and an outlook they seem to have not anticipated, face tricky decisions as they finalised their policy deliberations on Wednesday. These centre on updating their individual projections and converging on whether — and if yes, how — to start a necessary policy pivot that unfortunately conflicts with the framework the central bank adopted recently to ...