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Abu Dhabi Government kicks off participation at Gitex 2020

ABU DHABI / WAM The Abu Dhabi Government kicked off its participation in Gitex Technology Week 2020, taking place until December 10, at the Dubai World Trade Centre, with the attendance of 24 government entities in addition to academic institutions and a group of the world’s major technology giants at its pavilion. During the exhibition, the Abu Dhabi Government is ...

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UAE National Day: Global Village sets new Guinness Records

DUBAI / WAM Global Village, the UAE and wider region’s leading multicultural family destination for culture, shopping, and entertainment, hosted excited guests over the long weekend at extraordinary celebrations across the park to mark the 49th National Day. Guests arrived at Global Village with high expectations and the proceedings ensured no guest left disappointed. Bader Anwahi, Global Village CEO, said, ...

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Director of House of Wisdom appointed

SHARJAH / WAM Sheikha Bodour bint Sultan Al Qasimi, Chairperson of Sharjah Investment and Development Authority, Shurooq, issued an administrative directive appointing Marwa Obaid Al Aqroubi as the Director of House of Wisdom, a ‘future library’ and social hub being brought to life by Shurooq. The decision reaffirms Sheikha Bodour Al Qasimi’s trust in Al Aqroubi’s vast experience as president ...

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Centrica resumes talks to sell North Sea venture

Bloomberg Centrica Plc, the biggest supplier of energy to UK homes, has resumed talks over a potential sale of its North Sea oil and gas venture after putting the plans on hold earlier this year. The London-listed company is in discussions with “a number of parties” regarding a sale of its controlling stake in Spirit Energy Ltd “but hasn’t restarted ...

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Indian farmers are ‘ready to die’ in showdown with Modi

Bloomberg As India’s virus numbers swell and the economy stumbles, Prime Minister Narendra Modi has another crisis to deal with: Tens of thousands of angry farmers vowing to camp outside the capital for months. The farmers — mostly from Punjab, often called India’s bread-basket — want him to repeal three laws passed in September that allow them to sell crops ...

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Sheikha Fatima salutes mothers, families of martyrs

ABU DHABI / WAM 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) sent a message of pride and gratitude to the mothers and families of martyrs on the occasion of the annual Commemoration Day on November 30. In ...

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Agthia set to become regional F&B leader after Al Foah deal

ABU DHABI / WAM Agthia Group held its 15th General Assembly Meeting on Monday, during which the company’s shareholders approved the proposed strategic combination with Al Foah Company LLC, the world’s largest date processing and packaging company. Aghhia is a food and beverages company owned by General Holding Corporation (Senaat) — part of ADQ, one of the region’s largest holding ...

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DP World, Jafza host webinar for Japanese companies in UAE

DUBAI / WAM DP World, UAE Region and Jebel Ali Free Zone (Jafza), have organised a webinar for Japanese companies operating in the UAE. The webinar shed light on the initiatives taken by them to tackle the unforeseen challenges that arose due to the Covid-19 pandemic, ensuring business continuity and promoting the well-being and safety of the community. The webinar ...

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Meituan’s sales surge with China’s appetite for takeout

Bloomberg Meituan reported a 29% rise in quarterly revenue after China’s economic recovery boosted restaurants and whetted consumers’ appetite for takeout. The world’s largest meal delivery service posted sales of 35.4 billion yuan ($5.4 billion) during the July-September period, beating the average estimate of 34 billion yuan. It also logged net income of 6.3 billion yuan, versus a projected 435 ...

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World’s largest vaccine maker denies volunteer’s illness claims

Bloomberg The Serum Institute of India Ltd denied allegations that a Covid-19 trial volunteer in India suffered serious side effects from a vaccine developed by AstraZeneca Plc and Oxford University, and said it would take legal action over the claims. Serum, the world’s largest vaccine manufacturer, is conducting trials of AstraZeneca’s shot locally as part of a manufacturing agreement. It’s ...

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