December, 2022

• 31 December

  Oil set for yearly gain as investors look ahead to China rebound in ’23

  

    Bloomberg Oil is set to end a volatile year modestly higher as investors look ahead to a potential rebound in Chinese demand next year and brace for the possibility that less Russian crude will make it to buyers. West Texas Intermediate futures edged lower near $78 a barrel in the final session of 2022 and are up about 4% ...

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• 31 December

  Huawei expects 2022 revenue at over $91.5b

  

    SHENZHEN / WAM Chinese tech giant Huawei expects its revenue for 2022 to reach 636.9 billion yuan (about $91.59 billion), according to the company’s rotating chairman Eric Xu. Chinese news agency, Xinhua, quoted Xu as saying that the performance was in line with the forecast; a statement he made during the company’s annual New Year’s message on Friday. Over ...

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• 31 December

  UAE’s first mobile BSL-3 lab launched

    Abu Dhabi / WAM Abu Dhabi Public Health Centre (ADPHC) has introduced the UAE’s first mobile BSL-3 (Biosafety level 3) laboratory in Abu Dhabi. Equipped to handle highly infectious disease agents, (Crimean-Congo haemorrhagic fever, Yellow fever, and more) the BSL-3 mobile laboratory will enhance the emirate’s infectious disease preparedness through swift, safe and accurate testing of communicable diseases. Matar ...

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• 31 December

  Dubai Courts, Moro Hub to boost collaboration in cyber security

  

  Dubai / WAM Dubai Courts signed a memorandum of understanding with Moro Hub, a subsidiary of Digital Dewa, the digital arm of Dubai Electricity and Water Authority, to enhance their collaboration in digital transformation and cybersecurity. Leveraging on Moro’s capabilities in the digital security field, the MoU will serve the society’s interest in providing a comprehensive legal framework to combat ...

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• 31 December

  Sharjah Ruler announces additional monthly grant for 1,000 retired Emiratis

  

    Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, announced the provision of additional monthly grants as a gift to Sharjah citizens who have retired from federal entities and other institutions within the Emirates, to be deposited in their bank accounts beginning in January 2023, to ensure a decent ...

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• 31 December

  Jawhara Jewellery hands over valuable gold prizes for first four winners during DSF

  

    Dubai / Gulf Time Jawhara Jewellery, the leading Emirati brand in the world of gold and jewellery, continues its promotional campaign, which it launched in all its stores, during the Dubai Shopping Festival (DSF), in cooperation with the Dubai Gold and Jewellery Group, by announcing the names of four lucky winners with the its first raffle draw prizes on ...

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• 31 December

  Abu Dhabi’s EAD issues AED328,000 in fines

    Abu Dhabi / WAM The Environment Agency — Abu Dhabi (EAD) has imposed 32 administrative fines, totalling AED328,000, since the implementation of the decision issued last April by HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Board of Directors of EAD, regarding the list of administrative fines for violating the ...

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• 31 December

  EHS unveils metaverse-based virtual telemedicine solution

  

    Dubai / WAM The Emirates Health Services (EHS) has announced the launch of a Metaverse-based Virtual Telemedicine Solution using 3D virtual reality technology. The launch is part of transformative projects which leverage advanced technology and promote smart services such as remote health solutions and telemedicine. Through the project, EHS aims to deliver virtual medical consultation services supported by advanced ...

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• 31 December

  Southwest ’22 nightmare may not inflict long-lasting damage

  

    Bloomberg Southwest Airlines Co’s 2022 nightmare before Christmas is unlikely to inflict long-lasting damage to the carrier’s reputation if management compensates customers and makes good on vows of operational changes, communications and management professionals say. In recent days, social media has been flooded by angry Southwest customers after storms and shaky computer systems forced the airline, the largest domestic ...

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• 31 December

  Australians spend big as pre-Christmas shopping hits record

  

    Bloomberg Australians spent a record-breaking A$74.5 billion ($50.4 billion) in the run-up to Christmas, a sign that rising prices and soaring interest rates have yet to weaken consumer demand. Retail sales across Australia surged 8.6% between November 1 and Decemebr 24 from a year ago, according to figures released by Australian Retailers Association in partnership with Westpac DataX. Trading ...

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