November, 2023

• 27 November

  Sonos readies $400-plus headphones to rival Apple and Bose, TV set-top box

  

  BLOOMBERG Sonos Inc, best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. The company is also aiming to introduce a TV set-top box, which would compete with products from Apple ...

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• 27 November

  Stocks edge lower on China data; gold hits above $2,000

  

  BLOOMBERG Stocks fell and gold climbed to a six-month high as data showed a sharp slowdown in China’s industrial profits, which reinforced investor concerns about its sluggish economy. The Stoxx 600 index fell 0.3% and Nasdaq futures retreated 0.2%. Treasury 10-year yields climbed as much as five basis points to 4.51%, the highest in more than a week. Gold climbed ...

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• 27 November

  South Korea is probing sales of exotic notes linked to Chinese stocks

  

  BLOOMBERG A South Korean regulator is investigating whether financial institutions that sold derivatives products linked to Chinese stocks adequately explained the risk of losses to retail investors. The Financial Supervisory Service is probing sales of equity-linked securities tied to the Hang Seng China Enterprises Index, the regulator said in a text message. Some 8.41 trillion won ($6.5 billion) of such ...

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• 27 November

  Abu Dhabi opens first safety centre in Sheikh Shakhbout Medical City

  

  ABU DHABI / WAM Abu Dhabi Public Health Centre, a subsidiary of the Department of Health – Abu Dhabi dedicated to enhancing the public and preventive health system in the emirate, inaugurated the first-of-its-kind safety centre for injury prevention awareness in Sheikh Shakhbout Medical City (SSMC). The safety centre aims to educate all community members on the causes of injuries ...

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• 27 November

  Dubai South achieves several sustainability milestones

  

  DUBAI / WAM Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, recorded several achievements by applying different sustainability practices across its operations at its headquarters and other buildings. In 2022, Dubai South successfully diverted 622 tonnes of solid waste from landfills, equivalent to 29 percent of the total waste generated that year. This effort ...

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• 27 November

  Mohammed bin Rashid receives Emirati experts, researchers and professionals from Dewa’s R&D Centre

  

  DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received a delegation from Dubai Electricity and Water Authority (Dewa) led by Saeed Mohammed Al Tayer, MD and CEO of Dewa. The delegation comprised Emirati experts, researchers and professionals from Dewa’s Research and Development (RD) Centre at the ...

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• 27 November

  Abdullah bin Zayed, Danish FM discuss latest regional developments

  

  ABU DHABI/WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed during a phone call with Lars Løkke Rasmussen, Minister of Foreign Affairs of Denmark, the latest developments in the Middle East region and efforts to protect the lives of all civilians from the repercussions of the current crisis. The two sides also discussed the current situation ...

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• 26 November

  DP World and IRENA partner to decarbonise ports, maritime and logistics sectors

  

  DUBAI/ WAM DP World and the International Renewable Energy Agency (IRENA) have signed a cooperation agreement to accelerate the use of renewable energy and cut emissions from the ports and maritime logistics sector. Signed by IRENA Director-General Francesco La Camera and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem, the agreement focuses on identifying and implementing decarbonisation solutions ...

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• 26 November

  Etihad Airways celebrates 20th anniversary with fly-past at Yas Marina Circuit

  

  ABU DHAB/ WAM Racing fans were treated to a spectacular, low-level fly-past just minutes before the start of the 2023 Abu Dhabi Grand Prix by aircraft from Title Sponsor Etihad Airways and Al Fursan Al Emarat, the UAE’s aerobatic display team. Coinciding with the airline’s 20th anniversary year, the Etihad Airways Boeing 787 Dreamliner flew over the iconic start-finish line ...

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• 26 November

  10 UAE aid trucks cross into Gaza

  

  Al ARISH/ WAM In implementation of the directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is continuing its humanitarian aid drive to support the Palestinian people, as 10 Emirates Red Crescent trucks today crossed into Gaza carrying food aid. As part of Operation ‘Gallant Knight 3’, which aims to alleviate the suffering of civilians in ...

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