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Bloomberg The number of Canadians searching for work jumped last month, just as pandemic-related government support programs were wound down, a survey by Indeed Canada showed. The share of people actively looking for employment rose to 30% last month, up from 25% in September, according to a report by the job posting site. The increase was largely driven by unemployed ...

Bloomberg Ericsson has agreed to buy Vonage Holdings Corp in its biggest-ever deal, a takeover that also concludes a brief but successful activism campaign by Jana Partners. Ericsson’s $6.2 billion all-cash offer for Vonage dwarfs its 1.2 billion pound ($1.6 billion) acquisition for Telent Ltd telecom equipment assets in 2005, according to data compiled by Bloomberg. Jana Partners, which owns ...

ABU DHABI / WAM As part of the Ministry’s efforts to expand the National In-Country Value (ICV) Programme across the nation, Emirates Global Aluminum (EGA), the largest industrial company in the UAE outside oil and gas, on Monday joined the Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) programme as the aluminium company moves towards its goal of ...

Dubai / WAM Dubai Airport Freezone Authority (Dafza) signed a strategic cooperation agreement with Export Bahrain, establishing frameworks for technical collaboration to support their joint efforts in institutional development, facilitating business activities, supporting companies and their plans for growth and expansion and exchanging information and expertise. Amna Lootah, Assistant Director-General of Dafza; and Safa Abdulkhaliq, Acting Chief Executive Officer of ...

Abu Dhabi / WAM The second edition of the Abu Dhabi Smart City Summit is beginning on Tuesday, bringing together more than 25 local and federal government agencies, and 400 specialists, experts, officials, leaders, strategists and policy makers, as well as governmental and private organisations. The summit will discuss the best practices for developing smart cities and addressing challenges, contributing ...

Ras Al Khaimah / WAM Ras Al Khaimah Economic Zone (Rakez) has unveiled the Rakez Mobile App, another key milestone in the economic zone’s ongoing digitisation journey that aims to boost the ease and accessibility it offers to global investors. Available on both Apple Store and Google Play, the app is packed with wide-ranging features that allow clients to submit ...

Bloomberg China fired a missile from a hypersonic weapon as it approached a target during a test in July, the Financial Times reported, adding the Pentagon was surprised because no nation was known to have the capability. A hypersonic glide vehicle launched by China fired the projectile over the South China Sea while moving at five times the speed of ...

ABU DHABI / WAM In celebration of the UAE’s Golden Jubilee, His Highness Sheikh Abdulla bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, has launched Mubadala’s television commercial (TVC) titled 50 Years of Progress taking viewers on a journey through the nation’s remarkable story. Produced as an ode to the nation, the TVC highlights important themes that ...

Dubai / WAM The Pearl Initiative, the leading Gulf non-profit organisation promoting a corporate culture of accountability and transparency, hosted 37 CEOs of leading regional and international corporations along with UAE ministers at Expo2020 Dubai for its annual CEO Council meeting to discuss the increasingly important role of the private sector in realising national policy agendas. The distinguished gathering of ...

Dubai / WAM The UAE has won the bid to host the 27th International Council of Museums (ICOM) General Conference 2025 in Dubai under the theme ‘The Future of Museums in Rapidly Changing Communities’. The new global achievement is set to further strengthen the UAE’s leading position as the capital of creativity and innovation across various fields. The result of ...