January, 2023

• 1 January

  Extinction Rebellion UK to stop protests that disrupt public

    Bloomberg The UK arm of environmental activist group Extinction Rebellion said it plans to step away from attention-grabbing tactics that have caused widespread public disruptions and instead focus on building broader support to help combat rising carbon emissions. “As we ring in the new year, we make a controversial resolution to temporarily shift away from public disruption as a ...

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• 1 January

  Tesla stocks witness worst year ever, drop 65% in 2022

  

  Bloomberg Tesla Inc shares have fallen so far, so fast that some individual investors are piling in, seeing a chance to pick up what was once Wall Street’s highest flying stock on the cheap. But would-be bargain hunters may want to take a closer look. Even after 2022’s record 65% drop, the electric-car maker’s meteoric surge during 2020 and 2021 ...

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• 1 January

  2023 will be the year of electric SUV

  

  Bloomberg In the evolution of the electric vehicle (EV), 2022 will be remembered for its megafauna: Massive electric trucks finally roamed the land, with equally outsized prices. Next year, however, should bring some subspecies — a diaspora of SUVs, including some slightly smaller options and, rarer still, a precious few with more modest window stickers. If you are in the ...

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• 1 January

  Huawei declaring ‘business as usual’ after weathering US curbs

  

  Bloomberg Huawei Technologies Co. posted its third straight quarter of growth, declaring a return to normalcy after overcoming a plethora of US restrictions this year. The company’s sales rose 7.2% to $27.4 billion in the December quarter, according to Bloomberg’s calculations off annual figures, after carving out new income streams from areas such as smart cars and cloud services. 2022 ...

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• 1 January

  Twitter probed in EU for pre-Musk data leak of 5.4mn users

  

  Bloomberg Elon Musk’s Twitter Inc risks massive fines after its top privacy regulator in the European Union (EU) opened a probe into reports of a suspected data breach that compromised the personal details of 5.4 million users. Ireland’s Data Protection Commission said it decided to start a probe over reports that one or more datasets of users’ personal information “had ...

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• 1 January

  Sony PlayStation 5 sales surge in US

    Bloomberg Sony Group Corp led a big jump in video-game hardware sales in the US, in the latest sign of improving PlayStation 5 supply. The Tokyo-based entertainment giant drove a 45% spurt in US games hardware sales to $1.3 billion in November, according to the NPD Group. Back home in Japan, the company’s in-demand console can now be purchased ...

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December, 2022

• 31 December

  Seha shuts all Covid-19 centres in Abu Dhabi, Al Ain, Al Dhafra

  

    Abu Dhabi / WAM Abu Dhabi Health Services Company (Seha) will permanently close all Seha Covid-19 centres in Abu Dhabi, Al Ain, and Al Dhafra starting from December 31, 2022. Covid-19 screenings and vaccinations are offered at Seha Healthcare centres. The positive cases are assessed at the Rahba and Al-Ain Hospitals. Meanwhile, the Department of Health – Abu Dhabi ...

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• 31 December

  Dana to set up 50,000 square metre steel complex at Kezad

  

    Abu Dhabi / WAM Khalifa Economic Zones Abu Dhabi (Kezad group), the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a preliminary agreement with Dana Steel, the flagship manufacturing unit of industrial conglomerate Dana group, for the establishment of its first hot and cold rolling steel complex in Abu Dhabi. Under the terms of the agreement, ...

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• 31 December

  UAE leaders condole Indian PM over mother’s death

    Abu Dhabi / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable of condolences to Narendra Modi, Prime Minister of India, over the death of his mother. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, dispatched a similar cable of condolences to ...

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• 31 December

  Dubai records AED9.6b in week-long realty deals

  

    Dubai / WAM A total of 2,790 real estate transactions worth AED9.6 billion were conducted during the week ending December 30, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 179 plots were sold for AED 1.39 billion, while 2,071 apartments and villas were purchased for AED 5.64 billion. The top three transactions ...

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