Masonry Layout

Bloomberg A group of senior US senators delivered a message of support for Taiwan during a visit, a move that China answered with a display of military force. Members of the delegation, including Republican Lindsey Graham, told Beijing that the US will start making China account for bullying Taiwan and supporting Russian President Vladimir Putin’s invasion of Ukraine. “Here is ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) has announced the rebranding of its Second Market, a key equity market on the exchange that connects investors and privately owned business, complementing Abu Dhabi’s fast-developing ecosystem for companies that are looking to catalyse their growth. The Growth Market, which replaces the Second Market established in 2014, offers companies ...

  Dubai / WAM Dubai Chamber of Commerce revealed it has recorded AED11 million ($2.99 million) in cost savings and saved one million sheets of paper in 2021 after obtaining the 100 percent Paperless Stamp from the Dubai Digital Authority. The estimated value of savings reflects the cost of printing, time and transportation to the chamber’s customer happiness centres. Last year, ...

  Dubai / WAM Emirates will soon launch Non-Fungible Tokens (NFTs) and exciting experiences in the metaverse for its customers and employees. The airline, which has earned a reputation for its innovative products and customer-centric services, today unveiled its plans to build signature brand experiences in the metaverse, alongside both collectible and utility-based NFTs. The first projects are already underway, ...

  Bloomberg The majority of China’s massive desert renewable power project will be built after 2025, and most of the capacity in the first phase will come from solar, according to a researcher from the country’s largest grid operator. The details fill in some gaps about the country’s plans to build 455 gigawatts of wind and solar power across the ...

Bloomberg Russia threatened to deploy nuclear weapons in and around the Baltic Sea region if Finland and Sweden join the North Atlantic Treaty Organization (Nato) as tensions fuelled by President Vladimir Putin’s invasion of Ukraine spread. “In this case, there can be no talk of non-nuclear status for the Baltic,” Dmitry Medvedev, deputy chief of Russia’s Security Council and former ...

  Abu Dhabi / WAM ADQ, an Abu Dhabi-based investment and holding company, has undertaken several transactions in publicly listed companies within key sectors of Egypt’s economy, building on its long-term commitment to investing in the country’s economic growth through its $20 billion joint strategic investment platform. The investments reflect ADQ’s continued confidence in Egypt’s strong economic potential. The transactions ...

  Dubai / WAM Noura bint Mohammed Al Kaabi, Minister of Culture and Youth witnessed the launch of an e-book telling the story of the UAE’s seven emirates in 50 portraits of individuals. Devoted to the esteemed legacy of Sheikh Hamdan bin Rashid Al Maktoum and published in the year of the UAE’s Golden Jubilee, the book, titled, ’50U’, tells ...

  ABU DHABI / WAM The central bank of the UAE (CBUAE) and the Bank of Korea (BOK) on Wednesday renewed the Bilateral Local Currency Swap Agreement, reaffirming their commitment to promote trade and financial cooperation. The agreement was signed by Khaled Mohamed Balama, CBUAE governor, and Juyeol Lee, governor of the Bank of Korea. The agreement, which was originally ...

  Dubai / WAM Dubai Electricity and Water Authority (Dewa) has announced a donation of AED10 million to contribute to the “1 Billion Meals” initiative, to assist and provide sustainable food support to the underprivileged and most needy groups in 50 countries in the Middle East, North Africa and the world – in particular children, refugees, displaced persons, and victims ...