January, 2022

• 6 January

  UAE highlights new investment opportunities in vital sectors

  

    Abu Dhabi / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, representing the UAE, participated in the UAE-US Innovation and Investment Summit. The summit was aimed at exploring more cooperation opportunities in the next phase to expand and develop UAE-US trade exchanges and mutual investments with greater participation of private sector companies from both ...

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• 6 January

  ADQ inks deal to create UAE’s largest healthcare platform

  

    Abu Dhabi / WAM ADQ, one of the region’s largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi’s diversified economy, on Wednesday entered into an agreement to consolidate several companies within Pure Health, creating the largest healthcare provider in the UAE. As part of the agreement, Abu Dhabi Health Services Company (Seha), ...

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• 6 January

  Over 60 countries represented at Arab Health 2022

  

    DUBAI / WAM A total of 62 countries will be represented on the exhibition floor of the 2022 edition of Arab Health, the Mena region’s leading exhibition for the healthcare industry, taking place at the Dubai World Trade Centre from January 24 – 27. The 2022 edition of the show, which returns as a co-located event for the healthcare ...

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• 6 January

  Dewa launches project to improve employee productivity

  

    DUBAI / WAM Dubai Electricity and Water Authority (Dewa) launched the Real-Time Mobile Work Force Project to improve productivity and fieldwork efficiency. This is part of its efforts to enhance the happiness of its employees and help them complete their tasks easily and efficiently, anytime and anywhere. The project includes 109 processes related to Distribution Power; Water and Civil; ...

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• 6 January

  German energy giant Uniper gets $11bn for margin calls

  

    Bloomberg German energy giant Uniper SE was forced to borrow billions to pay down margin calls — the collateral that exchanges require to back up trades — as European gas and electricity prices rallied. Uniper got additional loans totaling 10 billion euros ($11.3 billion) from its Finnish parent Fortum Oyj and KfW IPEX-Bank, the company said in a statement ...

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• 6 January

  The second drone age is here and it’s a free-for-all

  

    The pandemic has already given the future a distinctly dystopian look. And then there’s this: the burgeoning of the “second drone age.” That’s how experts are describing the international drone market — which ranges from tiny startups selling $1,000-to-$2,000 off-the-shelf technology that can be easily weaponised by terrorist groups, to high-tech unmanned vehicles that can carry laser-guided munitions and ...

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• 6 January

  Millennials are spending like grown-ups

  

  Millennials are growing up. After spending years splashing out on everything from skydiving excursions to Instagrammable vacations in Peru, 30-somethings with decent-paying jobs are making lasting purchases, buying cars, houses and everything inside them. The retreat from offices during pandemic has only cemented the urge to settle down and accumulate the trappings of adulthood. While Covid-era disruptions have been the ...

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• 6 January

  Legal vigilantism is wrong answer to gun violence

    In recent weeks, Democratic officials in New York and California have proposed legislation granting individual citizens the right to sue manufacturers of assault weapons and ghost guns. More aggressive action to curb gun violence is undoubtedly warranted. Openly subverting the will of federal courts is the wrong way to go about it. First proposed by California Governor Gavin Newsom, ...

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• 6 January

  In 2022, let’s be more positive, less negative

    The reason that our initial and instinctive view of, well, all of you was so skewed is that we have a human brain. Cognitively, we’ve evolved to have what’s called a negativity bias. Our ancestors in the savannas had a better chance of surviving and, therefore, of passing on their genes, if they paid disproportionate attention to anything actually ...

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• 6 January

  Joe Biden hails 5G delay from Verizon, AT&T in aviation row

  

    Bloomberg President Joe Biden hailed an accord with AT&T Inc and Verizon Communications Inc to delay by two weeks a new 5G service so airlines and safety officials can take steps to prevent interference with aircraft electronics. The companies issued separate statements agreeing to the delay two days before their planned Jan. 5 launch. The action came after a ...

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