Dubai / WAM Dubai Culture and Arts Authority announced that it will soon grant cultural visas to 1,000 creators and artists from across the world. The first initiative of its kind in the world, the cultural visa launched in 2019 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of ...

Dubai / WAM Etihad Airways, the UAE national airline, signed a Memorandum of Understanding (MoU) with Hub71, Abu Dhabi’s global tech ecosystem, to support the expansion of entrepreneurs innovating in Abu Dhabi. The agreement makes Etihad the official airline partner of Hub71 which will offer more than 100 global startups within its tech community special rates and access to a ...

AJMAN / WAM The Emergency, Crisis, and Disaster management team in the Emirate of Ajman announced that it has mandated specific establishments to conduct a regular weekly PCR examination for all their employees, except those who have received two doses of the Covid-19 vaccine, with a commitment to download the Al-Hosn application, starting March 2. The move comes within the ...

Abu Dhabi / WAM The Ministry of Energy and Infrastructure, in partnership with Khalifa University (KU) and the International Renewable Energy Agency (Irena) launched the National Integrated Energy Model. The model supports the formulation of the future of energy for UAE, and the design of the next 50 years in the energy sector, according to the vision of the future ...

ABU DHABI / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 225,159 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. As part of its intensified testing campaign, MoHAP announced 2,721 new coronavirus cases, bringing the total number of recorded cases in the UAE to 396,771. The ministry also noted that an ...

Bloomberg China’s utility giant is planning to upgrade its massive electricity grid over the next few years to allow it to move away from coal generation and reach peak carbon emissions as soon as possible. State Grid Corp of China will build new ultra-high voltage transmission lines, speed up construction of pumped hydro storage plants, and accelerate the development of ...

Bloomberg India’s state-run Bharat Petroleum Corp will offload its holding in its unit Numaligarh Refinery Ltd for 98.78 billion rupees ($1.3 billion) as part of its own privatisation process. The second-biggest state refiner will sell its 61.65% holding in Numaligarh Refinery to a consortium of state-run firms Oil India Ltd and Engineers India Ltd and may also include the provincial ...

A bruising battle for supremacy between two of the world’s richest men is hogging the limelight, but the silent changes in India’s retail landscape deserve equal attention. The ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter for everyone from Unilever NV and Procter & Gamble to State Bank ...

Why can’t China step in to fill the chip shortage? The vaunted factory floor of the world has flooded the global economy with goods, and has often had to deal with domestic oversupplies itself. Why then has it been largely on the sidelines of the debate over solving the worldwide semiconductor shortage? The stark reality is that, when it comes ...

If populism on the political right corrupts democracies, populism on the left ruins economies. For the latest evidence take a closer look at the housing market of the German capital, Berlin. A year ago, a rent cap took effect in the city that was unprecedented in Germany. For all apartments built before 2014, rents were frozen at whatever they were ...