Masonry Layout

  Bloomberg Bangladesh’s economic growth is expected to increase to 6.6% in the fiscal year ending June in 2022, according to the International Monetary Fund (IMF), as the coronavirus pandemic abates and policies remain accommodative. Growth may rise to 7.1% the fiscal year after that, the IMF said in a statement on its website, citing an improvement in the external ...

  Bloomberg After a bumper year of stock listings, Asian companies may find it hard to repeat the success in 2022 given the prospect of rising interest rates and China’s tightening grip on Big Tech. Thanks to a blistering first half amid a global boom, initial public offerings in the region have reached $190 billion so far this year, a ...

  Bloomberg Shares of Indian digital payments giant Paytm closed at the lowest since their market debut last month following the nation’s biggest-ever initial public offering, as investors remain concerned about the startup’s path to profitability. One 97 Communications Ltd, Paytm’s parent company, raised $2.5 billion in its IPO but a 27% plunge in its debut made it one of ...

  Bloomberg Two new cases of the omicron variant were detected in the central Chinese city of Changsha from arrivals into the country, state-backed media Xinhua reported citing the municipal government. The provincial capital of Hunan is the latest place to discover the highly contagious variant in incoming travelers, after the southern province of Guangdong and the northern metropolis of ...

  Bloomberg The indefinite delay of President Joe Biden’s signature domestic policy bill has derailed the Democrats’ strategy to stave off a Republican onslaught in the 2022 congressional elections and the party may be left without a fallback option. After renewed objections from Senator Joe Manchin to the structure of the Build Back Better measure, Democratic leaders in the Senate ...

  Abu Dhabi / WAM The Federal Tax Authority (FTA) organised field tours to the ‘Self-Service Kiosks’ in Dubai International Airport – part of the Value Added Tax (VAT) Refund Scheme for Tourists – to ensure the system’s readiness. The tour is in line with the FTA’s strategy to provide services that meet taxpayers’ aspirations, and its commitment to abiding ...

  Dubai / WAM Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, toured the Panama Pavilion at Expo 2020 Dubai, themed ‘An introduction to the endless opportunities in Panama’. Any Lam Chong, Director of the Panama Pavilion, welcomed Minister of Climate Change and the Environment and accompanied her on the tour. Through a virtual reality cruise on ...

  DUBAI / WAM On the occasion of World Arabic Language Day, observed every year on December 18, Dubai Future Foundation (DFF) launched an online glossary of future Arabic scientific and technical terms. Containing 500 terms in Arabic and English, arranged according to categories, the open-source dictionary is available at https://arabicglossary.dubaifuture.ae, and enables the public to edit it and add ...

  Dubai / WAM Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) and Steven Yi, President of Huawei Middle East & Africa, have broken ground for the first phase of the largest solar-powered data centre in the Middle East and Africa, set to be Uptime TIER III-Certified. The data centre will be implemented by ...

  Abu Dhabi / WAM Publications and news related to Expo 2020 Dubai quoting the Emirates News Agency (WAM) had reached 9.1 billion views across all platforms worldwide in just two months, from October 1, 2021 until November 30. A statistical report conducted by a specialist international consultancy company – to monitor the local and global circulation of WAM’s Expo ...