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DGHR, SAP collaborate to develop Emirati talent

  DUBAI / WAM A cohort of 30 Emirati university graduates have passed a rigorous selection process to embark on a training course that will set them up for long-term career success in the fast-paced world of cloud computing, thanks to a collaborative initiative between the Dubai Government Human Resources Department (DGHR) and the global technology company SAP. The programme ...

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Registration for Watch & Jewellery Middle East Show opens

  SHARJAH / WAM The Expo Centre Sharjah has announced that the online registration for exhibitors, visitors, and journalists wishing to attend or participate in the 50th edition of the Watch & Jewellery Middle East Show is now open. Organised by the Expo Centre with the support of the Sharjah Chamber of Commerce and Industry (SCCI), the event will run ...

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Sweden sets up $23.2bn emergency backstop for utilities

  Bloomberg Sweden’s government will provide Nordic and Baltic utilities as much as 250 billion kronor ($23.2 billion) in credit guarantees as it seeks to prevent Russia’s energy curbs from setting off a financial crisis. The measure is aimed at helping companies struggling to meet the surging collateral requirements needed to trade electricity, and avoid the threat of some going ...

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Trump blasts Biden at rally, keeps teasing 2024 run

Bloomberg Donald Trump used a Pennsylvania rally to vent his anger at an FBI search of his Florida home and President Joe Biden’s attack on political extremism, staking his claim as his successor’s election rival in 2024. Declaring Biden an “enemy of the state,” Trump mixed support for two Republican candidates with a rejoinder to the president’s speech 48 hours ...

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UAE President receives Indian PM’s letter on strengthening strategic ties

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan received on Friday a written letter from Narendra Modi, Prime Minister of India, regarding strengthening the strategic relations between their countries and the prospects of developing them to serve their common interests. His Highness Sheikh Mohamed received the letter during a meeting with Dr. Subrahmanyam Jaishankar, India’s ...

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Aldar fully acquires Spark Security for AED125 million

  Abu Dhabi / WAM Aldar Properties on Friday announced that it is scaling up its property and integrated facilities management platform through the full acquisition of Spark Security Services, a leading UAE-based manned guarding security services provider. The all-cash AED125 million transaction further strengthens Aldar’s property and integrated facilities management platform to deliver a broader offering to customers, ranging ...

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UAE has provided women with all support needed to succeed: Sheikha Mozah

  DUBAI / WAM Sheikha Mozah bint Marwan Al Maktoum, First Lieutenant Pilot at Dubai Police, has highlighted the UAE’s journey in women’s empowerment and the country’s efforts to boost their participation across various fields. In her keynote speech at the Women in Tech LATAM Awards in Rio De Janeiro, Brazil, Sheikha Mozah also discussed women’s contribution to aviation throughout ...

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Union Coop launches ‘My Book is Your Book’ initiative

  Dubai / WAM The “My Book is Your Book” initiative to collect new and used books launched by the Union Coop has achieved great success after collecting more than 2,243 books in its first phase in just one week. In detail, Dr. Suhail Al Bastaki, Director of Happiness & Marketing Department at Union Coop, said that the initiative was ...

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UK predicts up to $199 billion excess profits for energy firms

  Bloomberg UK gas producers and electricity generators may make excess profits totalling as much as £170 billion ($199 billion) over the next two years, according to Treasury estimates that lay bare the revenue-raising potential of a windfall tax. Treasury officials will deliver the assessment to the next prime minister when they take office on September 6, according to a ...

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China pushes back line US drew to keep peace in Taiwan Strait

  Bloomberg China has sent warplanes across the Taiwan Strait’s so-called median line almost daily since House Speaker Nancy Pelosi’s visit last month, shrinking a buffer zone that has helped keep the peace for decades. An average of 10 Chinese aircraft have crossed the US-drawn boundary every day since Aug. 3, when Pelosi became the first House speaker to visit ...

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