April, 2023

• 4 April

  Sharjah Ruler directs restoration of 8 rare Arabic books at El Escorial Library in Spain

  

  SHARJAH / WAM Marking a significant contribution to the preservation of Arab and Islamic cultural heritage, His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed the restoration of eight rare Arabic books housed at El Escorial Library in Spain. The restoration project is part of His Highness’s efforts to preserve the ...

  Read More »
• 4 April

  Fujairah CP meets Minister of Culture and Youth

  

  FUJAIRAH / WAM His Highness Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, received, in his office in the Emiri Court, Salem bin Khalid Al Qassimi, Minister of Culture and Youth, and his delegation. During the meeting, His Highness Sheikh Mohammed was briefed about the plans, programmes and projects of the Ministry of Culture and Youth, which ...

  Read More »
• 4 April

  Dubai Airshow set to showcase latest trends in global aviation

  

  DUBAI / WAM The 18th edition of Dubai Airshow is set to take place from November 13-17 at Dubai World Central (DWC), Dubai Airshow Site. Dubai Airshow has grown immensely in significance and influence over the years, highlighted by the success of the November 2021 edition, which saw more than $74 billion worth of deals announced during the mega event. ...

  Read More »
• 4 April

  Labour cases in Abu Dhabi drop by 40% during 2022

  

  ABU DHABI / WAM A significant drop by 40 percent has been recorded in labour disputes in Abu Dhabi emirate during 2022 compared to the same period in 2021. This was as a result of the exerted awareness efforts, which contributed to strengthening the legal culture of workers and companies, and introducing them to their rights guaranteed by the Labour ...

  Read More »
• 4 April

  Ma’an launches contribution drive ‘Abu Dhabi Gives Back’

  

  ABU DHABI / WAM The Authority of Social Contribution – Ma’an, Abu Dhabi government’s official platform for social contributions, announced its Abu Dhabi Gives back drive. Ma’an called on Abu Dhabi residents to dig deep this Ramadan and make a sustainable social impact by supporting social priorities that matter to them. Reflecting the values of the authority, the campaign encourages ...

  Read More »
• 4 April

  ByteDance matches Tencent’s $80b sales after TikTok boom

  

  BLOOMBERG ByteDance Ltd’s revenue surged more than 30% to surpass $80 billion in 2022, matching the tally at archrival Tencent Holdings Ltd after twin video platforms TikTok and Douyin drew eyeballs and advertisers from social media incumbents. The world’s most valuable private tech firm told its investors in a recent memo that revenue surged from around $60 billion in 2021, ...

  Read More »
• 4 April

  China urges Japan to refrain from joining US chip curbs

  

  BLOOMBERG China’s Foreign Minister Qin Gang urged Japan to refrain from supporting US efforts to suppress the Chinese semiconductor industry, while his counterpart pressed for the swift return of a Japanese citizen detained by Beijing. During a meeting with his Japanese counterpart Yoshimasa Hayashi in Beijing, Qin said a chip blockade will only strengthen Beijing’s resolve to achieve self-reliance, according ...

  Read More »
• 4 April

  OECD: Tourism must adapt to post-Covid environment in Asia

  

  PARIS / WAM Growth in Emerging Asia is proving resilient with real GDP growth in 2023 projected to 5.3 % on average in Emerging Asian economies (Asean-10, China and India), and by 4.6 % on average in Asean economies alone. The export sector helped boost economic growth and maintain the momentum of the region’s economies, though it has weakened recently. ...

  Read More »
• 4 April

  India needs to double share of clean power to meet climate goals

  

  BLOOMBERG The share of clean sources in India’s power generation capacity should surge to 90% by 2047 — more than double from now — for the nation to meet its climate goals, federal Power Secretary Alok Kumar said. The country will need to reduce the share of coal, which currently accounts for about half of its installed capacity and almost ...

  Read More »
• 3 April

  European gas climbs as French strikes raise supply concerns

  

  BLOOMBERG European natural gas prices rose as strikes in France that are prolonging outages at the nation’s energy infrastructure increased worries about supply. Nuclear reactor availability in the country has dropped to 57%, driving up local power prices. The strikes have also hit oil refineries and liquefied natural gas import terminals. A short cold spell is passing through Europe, adding ...

  Read More »