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BEIJING / WAM China’s industrial capacity utilisation rate came in at 74.3 percent in Q1 of 2023, down 1.5 percentage points from the same period a year earlier, official data showed, Xinhua News Agency reported. The figure dropped by 1.4 percentage points from the previous quarter, according to the National Bureau of Statistics. Among the three major sectors, the mining ...

DUBAI / GULF TIME MultiBank Group, the world’s leading financial institution, hosted a corporate iftar in Dubai on April 18, at Dana Ramadan Tent in City Walk. The event hosted over 200 employees and featured speeches by Salem Kattoura, MultiBank Group COO, and Zak Taher, MultiBank io COO, highlighting the company’s achievements, future plans, and recent product launches. In his ...

DUBAI / GULF TIME Why do we use philosophy with kids? The number of countries that started using philosophy with kids reached around 80 countries. The usage of philosophy with kids is based on a subject (be it games, a video, a paragraph, a children’s story, a question or an issue at hand etc.), and this subject is full of ...

DUBAI / WAM The Roads and Transport Authority (RTA) on Sunday announced that the number of Dubai Metro riders has surpassed two billion since the metro first opened to the public on September 9, 2009. The metro’s Red Line transported 1.342 billion commuters while the Green Line served 673.531 million commuters. Additionally, the Dubai Metro has maintained a punctuality rate ...

SHARJAH / GULF TIME The “Ramadan Nights 2023” has concluded another successful edition at Expo Centre Sharjah, following 17 days of fantastic promotions, heritage events, and family entertainment experiences. The 40th edition of the exhibition set a new record in terms of exhibitor sales and visitor turnout, with more than 100,000 visitors attending the event, a remarkable 100% increase from ...

PARIS / WAM The UAE National Jiu-Jitsu Team, sponsored by Mubadala Investment Company, got off to an impressive start on day one of the Grand Prix Paris Open 2023, securing six medals, including two golds, at the event organised by the Jiu-Jitsu International Federation. Khaled Al Shehhi and Omar Al Suwaidi shone for the UAE by winning gold in the ...

SHARJAH / WAM Following the resounding success of the inaugural edition of the world’s first International Bookseller Conference in Sharjah, the second annual edition has been announced by the Sharjah Book Authority (SBA) with a stronger, more holistic programme to showcase the learnings and experiences of global ecosystem stakeholders, upskill professionals, and uncover emerging commercial opportunities, particularly in the Arab ...

ABU DHABI / WAM With the close of Ramadan around the corner, Qasr Al Watan, also known as the Palace of the Nation, in Abu Dhabi is set to welcome visitors during Eid Al Fitr. Visitors will have unique cultural experience steeped in Arabian heritage and artistry at Qasr Al Watan, with its truly stunning architecture and interiors, engaging exhibitions ...

PRETORIA / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led a delegation of UAE government officials and business leaders to South Africa to enhance trade and investment opportunities between the two countries, and promote development in key sectors such as logistics, food production, tourism and energy. During the visit, Dr Al Zeyoudi held ...

ABU DHABI / WAM M42, an Abu Dhabi-based tech-enabled healthcare company, on Wednesday announced that it has acquired Diaverum, a leading global renal care service provider, from Bridgepoint Group. Founded in 1991, Diaverum is currently the world’s third-largest provider of dialysis services, operating across 23 countries, with 440 clinics and over 13,000 employees. Diaverum is led by a highly experienced ...