November, 2021

• 25 November

  Hub71, Stripe partner to accelerate seamless payments for startups

  

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...

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• 25 November

  DXB to welcome 1.8m passengers in next 11 days

  DUBAI / WAM Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the coming period. According to the operator, as many as 1.8 million passengers are expected to pass through DXB between November 25 – December 5, with average daily traffic reaching 164,000 passengers. The fourth of December is expected to be ...

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• 25 November

  Hub71-Stripe deal to accelerate seamless payments for startups

  

  Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...

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• 25 November

  Dubai and Hamburg ink deal to expand strategic partnership

  

  Dubai / WAM Dubai Chamber and Hamburg Chamber of Commerce have signed a Memorandum of Understanding (MoU) to renew their strategic partnership, initiated in 2007, and foster closer ties between the UAE and German business communities. The agreement, signed on the sidelines of the 12th World Chambers Congress (WCC) in Dubai, focused on the common goals of innovation, with a ...

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• 25 November

  Orthocure SportsMed Clinic opens at The Mall in Jumeirah

  

  Dubai / Emirates Business Orthocure — the brainchild of Dr Saeed and Dr Ali — pioneers in the field of Orthocare and orthopedic surgery who originally conducted numerous orthopaedic surgeries at Mirdif, found that with their expertise in robotic surgery and a growing clientele with demand for sports rehab programs and holistic non-invasive treatment, an upgrade was needed. In alliance ...

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• 25 November

  ITC launches first self-driving taxi in Abu Dhabi

  

  Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has revealed, at the Abu Dhabi Smart City Summit, the self-driving vehicle and launch date of the first pilot phase of “TXAI”, which is a new service that utilises self-driving taxis to transport passengers on Yas Island in Abu Dhabi. ...

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• 25 November

  Energy crisis drives carbon emissions as Europe burns coal

  

  Bloomberg Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record. Carbon prices exceeded 70 euros for the first time ever as utilities turn to the dirtiest of fossil fuels. Power plants in the UK are burning the most coal since the beginning of the ...

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• 25 November

  The winter is coming for Europe’s Covid optimists

  

  Before the arrival of safe and effective vaccines, dealing with Covid-19 in Europe was dominated by fear, uncertainty and blunt tools like lockdowns and travel bans to keep hospitals from being overrun. Countries with blanket curbs such as Austria and Denmark — whose leaders self-identified as “first movers” — wore their strict social-distancing rules like a badge. This fear is ...

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• 25 November

  For Best Buy, worst is yet to come

  

  Best Buy Co Inc’s post-pandemic slowdown has officially begun. And unfortunately for its investors, there are clear signs the electronics retailer’s troubles might just be getting started. The company reported revenue of $11.91 billion for the quarter ended in October, slightly above the $11.69 billion median estimate of analysts surveyed by Bloomberg, and roughly flat compared with last year. Revenue ...

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• 25 November

  Inflation is not a tide lifting all boats equally

  It’s hard to follow the news without encountering scary-sounding reports about inflation. They’re often based on broad inflation measures like the consumer price index, which has risen 5% or more year over year for six consecutive months since May, the longest such streak since the early 1990s. The implication, if not the explicit message, is that the cost of everything ...

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