Masonry Layout

Violent protests erupt at iPhone factory in China

No title provided

Bloomberg Hundreds of workers at Apple Inc.’s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a Covid outbreak. Workers at the Foxconn Technology Group plant streamed out of dormitories in the early hours of Wednesday, jostling and pushing past the white-clad guards they vastly outnumbered, ...

Read More »

UK’s top court rejects Scotland’s bid for new independence vote

Scottish independence referendum

Bloomberg The UK’s top judges threw out an attempt by the Scottish government to bypass Westminster and call a second independence referendum, thwarting nationalist leader Nicola Sturgeon’s plan for a vote next year. The Supreme Court was asked by Scotland’s top legal adviser to assess whether the Scottish Parliament had the power to legislate unilaterally for a consultative referendum. The ...

Read More »

VP witnesses launch of ‘We The UAE 2031’

Sss

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the launch of ‘We The UAE 2031’, a national plan and road map for the next 50 years. The national plan is an integrated programme shaping the future of the country within the next ten ...

Read More »

Dubai Airports raises annual passenger forecast to 64.3mn

Lead pix copy

  Dubai / WAM Dubai Airports has upped again its annual forecast for passenger traffic at Dubai International (DXB) to 64.3 million following a strong performance by the hub in the third quarter, and the prospects of a stronger surge in the offing in the final three months of 2022. DXB started the second half of the year with a ...

Read More »

Future of global aviation takes centre stage at 4th IAMC

Sid elead

  Dubai / WAM Riveting keynote speeches from leaders, compelling research papers, and speakers drawn from the industry and academia marked the opening of the 4th International Aviation Management Conference (IAMC) at Emirates Aviation University. This year’s topical theme – The Future of Aviation: Covid-19 Pandemic and Challenges – has brought together leaders, professionals, research scholars, students and academia to ...

Read More »

US presses China to ease up on Taiwan as defense chiefs meet

Us secretary of defense lloyd austin in canada

Bloomberg US Secretary of Defense Lloyd Austin urged China to avoid “destabilizing actions” toward Taiwan in his first face-to-face meeting with Defense Minister Wei Fenghe since House Speaker Nancy Pelosi’s visit to Taipei in August. In talks Tuesday in Siem Reap, Cambodia, the Pentagon chief also called for the two sides to maintain open lines of communication and warned of ...

Read More »

Xi’s common prosperity roars back in JD executive pay cuts

G20 summit in bali

Bloomberg JD.com Inc. is slashing salaries for about 2,000 managers by 10% to 20% and diverting some of those savings toward a $1.4 billion employee benefits fund, aligning China’s No. 2 online retailer with Xi Jinping’s “common prosperity” campaign to share the wealth. Billionaire JD.com founder Richard Liu will donate 100 million yuan ($14 million) of his own money toward ...

Read More »

Sheikh Mohamed, Turkmenistan president hold talks

20221121an z619309

Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Serdar Berdimuhamedow of Turkmenistan on Monday discussed the deep-rooted ties between the two nations and explored opportunities for boosting collaboration. His Highness Sheikh Mohamed received President Berdimuhamedow at Qasr Al Watan in Abu Dhabi and expressed his wishes that their meeting would accelerate joint cooperation ...

Read More »

Masdar’s Green Reit acquires $254mn sustainable property

Lead pix copy

Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

Read More »

Sharjah gears up to celebrate National Day from Nov 24-Dec 3

Side lead copy

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

Read More »
Send this to a friend