April, 2023

• 23 April

  China’s industrial capacity utilisation rate at 74.3% in Q1

  

  BEIJING / WAM China’s industrial capacity utilisation rate came in at 74.3 percent in Q1 of 2023, down 1.5 percentage points from the same period a year earlier, official data showed, Xinhua News Agency reported. The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. Among the three major sectors, the mining ...

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• 23 April

  MultiBank Group holds corporate iftar gathering in Dubai

  

  DUBAI / GULF TIME MultiBank Group, the world’s leading financial institution, hosted a corporate iftar in Dubai on April 18, at Dana Ramadan Tent in City Walk. The event hosted over 200 employees and featured speeches by Salem Kattoura, MultiBank Group COO, and Zak Taher, MultiBank io COO, highlighting the company’s achievements, future plans, and recent product launches. In his ...

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• 23 April

  Philosophy House publishes philosophy books for kids

  

  DUBAI / GULF TIME Why do we use philosophy with kids? The number of countries that started using philosophy with kids reached around 80 countries. The usage of philosophy with kids is based on a subject (be it games, a video, a paragraph, a children’s story, a question or an issue at hand etc.), and this subject is full of ...

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• 23 April

  Dubai Metro carries over two billion riders since inauguration

  

  DUBAI / WAM The Roads and Transport Authority (RTA) on Sunday announced that the number of Dubai Metro riders has surpassed two billion since the metro first opened to the public on September 9, 2009. The metro’s Red Line transported 1.342 billion commuters while the Green Line served 673.531 million commuters. Additionally, the Dubai Metro has maintained a punctuality rate ...

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• 23 April

  ‘Ramadan Nights 2023’ ends with record-breaking success

  

  SHARJAH / GULF TIME The “Ramadan Nights 2023” has concluded another successful edition at Expo Centre Sharjah, following 17 days of fantastic promotions, heritage events, and family entertainment experiences. The 40th edition of the exhibition set a new record in terms of exhibitor sales and visitor turnout, with more than 100,000 visitors attending the event, a remarkable 100% increase from ...

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• 23 April

  UAE makes impressive start at Grand Prix Paris Open 2023

  

  PARIS / WAM The UAE National Jiu-Jitsu Team, sponsored by Mubadala Investment Company, got off to an impressive start on day one of the Grand Prix Paris Open 2023, securing six medals, including two golds, at the event organised by the Jiu-Jitsu International Federation. Khaled Al Shehhi and Omar Al Suwaidi shone for the UAE by winning gold in the ...

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• 23 April

  SBA announces second annual International Bookseller Conference

  

  SHARJAH / WAM Following the resounding success of the inaugural edition of the world’s first International Bookseller Conference in Sharjah, the second annual edition has been announced by the Sharjah Book Authority (SBA) with a stronger, more holistic programme to showcase the learnings and experiences of global ecosystem stakeholders, upskill professionals, and uncover emerging commercial opportunities, particularly in the Arab ...

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• 23 April

  LVMH shifts out of Hong Kong as luxury shoppers stay home

  

  BLOOMBERG  LVMH is shifting resources out of Hong Kong, reflecting waning interest in what used to be Asia’s premium shopping hub as mainland Chinese consumers switch to shopping at home. The top global luxury conglomerate wants to focus more of its investment in burgeoning metropolises such as Shanghai, Chengdu, Guangzhou and Shenzhen as Hong Kong loses its relevance in the ...

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• 23 April

  Qantas to hire 8,500 staff to reverse pandemic cuts

  

  BLOOMBERG  Qantas Airways Ltd plans to hire 8,500 more workers in the next decade, about the same number it cut during the pandemic, underscoring aviation’s growth trajectory less than a year after the crisis. The additional roles include pilots, cabin crew and airport staff. With more than 300 new aircraft arriving in the next 10 years, Qantas also plans to ...

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• 23 April

  Heathrow airport appeals order to slash airline charges by 20%

  

  BLOOMBERG  London’s Heathrow Airport asked Britain’s antitrust watchdog to overturn an order by the nation’s aviation regulator to cut airline charges by around 20% per passenger next year. The airport said it had submitted an appeal to the Competition and Markets Authority (CMA) over the Civil Aviation Authority’s (CAA) decision to drop charges for airlines using the travel hub. Heathrow ...

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