Masonry Layout

Abu Dhabi fund finances AED150b development projects in 50 years

Abu Dhbai / WAM Since its establishment in 1971, Abu Dhabi Fund for Development (ADFD) has been playing a leading role in translating into reality the UAE’s vision to strengthen the economies of developing countries, as well as supporting the national economy and enhancing its global competitiveness. Over the past 50 years, the fund has financed thousands of strategic projects ...

Read More »

Visit Abu Dhabi launches Snapchat profile

ABU DHABI / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) announced the launch of the first official Public Profile for a tourism board on leading social media platform Snapchat – giving potential travellers the chance to explore everything that the UAE capital has to offer in a new and immersive way. Acting as a ...

Read More »

RTA, MND ink deal to develop new urban ropeway

DUBAI / WAM Dubai’s Roads and Transport Authority (RTA) has signed a Memorandum of Understanding with French mobility specialist MND, a leading company in the ropeways industry, as part of its efforts to achieve Dubai’s vision to have 25 percent of all trips to be self-driving by 2030. The parties commit to work together to study and implement Cabline system ...

Read More »

Duterte pushes Congress on more foreign investments

Bloomberg Philippine President Rodrigo Duterte pushed for opening the economy to more foreign investments in his final address to Congress, where he also pledged pandemic support to help businesses bounce back and defended his much-criticised drug war. Duterte called on lawmakers to amend laws to ease restrictions on international retailers and professionals, as well as to allow foreigners greater ownership ...

Read More »

India’s Byju’s buys Great Learning for $600 million

Bloomberg India’s digital learning pioneer Byju’s is buying professional training and higher education platform Great Learning for $600 million, accelerating an acquisition spree to expand globally. The cash-and-stock purchase marks an entry to the higher education segment for Byju’s, the company said on Monday in a statement. The sellers of Singapore-based Great Learning will receive certain payments based on its ...

Read More »

Astra mulls vaccine imports to SE Asia as Thai supply hit

Bloomberg AstraZeneca Plc is planning to import Covid-19 vaccines to Southeast Asia as its only manufacturing facility in the region struggles to ramp up output to meet demand from countries hit hard by the delta variant. The Anglo-Swedish drugmaker is scouring more than 20 supply chains in its global manufacturing network to find additional vaccines for Southeast Asia, including Thailand, ...

Read More »

Indonesia to extend restrictions amid rising Covid cases

Bloomberg Indonesia is extending its mobility curbs for another week until August 2 as coronavirus cases remain high following near month-long restrictions. Adjustments are made in order to allow small businesses to operate under strict health protocols, President Joko Widodo said in a briefing broadcast on YouTube. Traditional markets selling staple foods will open as normal, while shops selling non-food ...

Read More »

US, China leave room open to talk after contentious meeting

Bloomberg The US and China left open the possibility of a summit between their presidents despite a contentious day of talks between officials from both sides in city of Tianjin. Vice Foreign Minister Xie Feng told visiting Deputy Secretary of State Wendy Sherman during a meeting on Monday that the relationship was “in a stalemate and faces serious difficulties.” Xie ...

Read More »

Mohamed issues resolution to form new board of Abu Dhabi Chamber

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, has issued a resolution to form a new Board of Directors for the Abu Dhabi Chamber of Commerce and Industry. The new board will be chaired by ...

Read More »

Sharjah Chamber, South Korea explore fostering economic ties

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the Consulate-General of the Republic of South Korea in Dubai means of enhancing economic cooperation and commercial relations between companies and investment institutions operating in Sharjah and South Korea. They also discussed ways of supporting partnerships, along with investment opportunities available in information technology, healthcare, tourism, ...

Read More »
Send this to a friend