Masonry Layout

Bloomberg The ride-hailing unit of Zhejiang Geely Holding Group Co, which raised almost $600 million earlier this month, is already in talks with investors for another funding round as it seeks to make ground on dominant market leader Didi Chuxing Inc. The next round of fundraising may be completed in the first half of 2022, Cao Cao Mobility Chief Executive ...

Bloomberg Indian Prime Minister Narendra Modi launched a program that will create a unique digital health identity for over 1.3 billion people and allow them to access their records online, part of an effort to enhance efficiency in a healthcare system constrained by the pandemic. The Ayushman Bharat Digital Mission, unveiled on Monday, aims to create digital health infrastructure to ...

Bloomberg Ninja Van, a Singaporean logistics startup, raised $578 million from investors including Chinese e-commerce giant Alibaba Group Holding Ltd in a series E round. Existing investors B Capital Group, the venture capital firm set up by Facebook Inc co-founder Eduardo Saverin and Raj Ganguly, a former executive at Bain Capital, and European parcel delivery company Geopost/DPDgroup, also participated in ...

Bloomberg China may be diving head first into a power supply shock that could hit Asia’s largest economy hard just as the Evergrande crisis sends shockwaves through its financial system. The crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions. It’s ...

Bloomberg A UK frigate sailed through the Taiwan Strait, the first such passage by a British naval vessel since late 2019, as a group of nations led by Washington pushes back at Beijing’s military assertiveness. The HMS Richmond transited the narrow body of water separating China from Taiwan on Monday on its way to Vietnam, according to the vessel’s Twitter ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, visited the operations centre of the Expo 2020 venue in Dubai, ahead of the start of the mega event. Being held for the first time in the Middle East, Africa and Southeast Asia, the event, billed as ...

DUBAI / WAM Dubai’s non-oil external trade surged 31 percent in the first half of 2021 to reach AED722.3 billion from AED550.6 billion in the corresponding period in 2020. Exports grew 45 percent year on year (YoY) in H1 2021 to AED109.8 billion from AED75.8 billion, which supports the goal of the 10 x 10 programme (one of the nation’s ...

Abu Dhabi / WAM Abu Dhabi National Insurance Company (Adnic) has contributed AED3 million to the Social Investment Fund, administered by the Authority of Social Contribution – Ma’an, to support the Abu Dhabi community in addressing its most pressing social challenges. Adnic’s contribution will help finance further social impact programmes and be used towards tackling key social causes such as ...

COX’S BAZAR / WAM The Emirates Red Crescent (ERC) inaugurated phase 2 of its service projects in refugee camps in Rohingya, Bangladesh, as part of the initiative launched by HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), who ...

Dubai / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, has been recognised as the “Best Family Attraction in Middle East 2021” at the International Travel Awards 2021. This achievement celebrates the destination’s track record of delivering wonderful experiences to guests of all ages from around the globe. This recognition bodes ...