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Sheraa-DMZ deal to empower Sharjah startups in N America

  Sharjah / WAM The Sharjah Entrepreneurship Centre (Sheraa) announced a partnership with the DMZ, that will foster a new wave of entrepreneurial success for the entrepreneurs of Sharjah and empower 15 startups from the emirate to the DMZ-led soft-landing programme. The DMZ is a world-leading startup incubator based at Toronto Metropolitan University (TMU). The incubator helps to equip the ...

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Dewa’s new project cuts 44,000 tonnes of CO2 emissions annually

  Dubai / WAM Dubai Electricity and Water Authority (Dewa)’s Thermal Energy Storage and Turbine Inlet Air Chilling (Testiac) project implemented in three Gas Turbines at L-Station in Jebel Ali Power and Desalination Complex has reduced over 44,000 tonnes of CO2 emissions annually, which is equivalent to the planting of two million trees. This project is the first of its ...

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Enoc awarded British Safety Council’s ‘Sword of Honour’

  Dubai / WAM Enoc group announced that it was awarded the ‘Sword of Honour’ by British Safety Council for the second time; one of 94 organisations worldwide to have received this recognition. In addition, the group completed a best practice Five Star Occupational Health and Safety Audit by British Safety Council demonstrating its commitment towards the continual improvement of ...

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Yas Island scoops over 80 global awards, accolades

  Abu Dhabi / WAM As another successful year comes to a close, Yas Island Abu Dhabi, one of the world’s leading leisure and entertainment destinations, rounds off its action-packed 2022 with over 80 awards and accolades. The destination and its plethora of world-class theme parks, luxury hotels, innovative experiences, resorts and acclaimed eateries, alongside unmatched customer services, has been ...

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Hong Kong ends last Covid curbs to revive finance hub

  Bloomberg Hong Kong will end some of its last major Covid rules, scrapping gathering limits to vaccination checks and testing for travellers, in a sweeping overhaul of policies aimed at reviving its reputation as a global financial centre. There will be no cap on the number of people who can gather in public, and the vaccine pass for entry ...

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AstraZeneca cancer drug gets first Japan approval

  Bloomberg AstraZeneca Plc’s new drug Imjudo won approval in Japan for two different cancer types when added to the blockbuster medicine Imfinzi, widening the immune therapy’s reach. The treatment, a monoclonal antibody, is now authorised for forms of lung and liver cancer in Japan for patients who are also receiving Imfinzi, Astra said. The approval, coming after clearance in ...

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Singapore technology stock rout intensifies with $110b wipeout

  Bloomberg Investors betting on Singapore’s two largest internet companies are staring down hefty losses as rising interest rates and recession risks extended a tech rout that wiped out $110 billion from their market capitalisation. E-commerce platform operator Sea Ltd plunged 78% this year while ride-hailing firm Grab Holdings Ltd has more than halved. The two companies, both listed in ...

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One of world’s most crowded cities gets first mass-transit rail

  Bloomberg Bangladesh’s capital now has its first metro rail, a Japanese-funded project that aims to ease commuting in one of the most congested cities in the world. A section of the over 20-kilometre (12.427 miles) urban rail project, known as Line 6, was inaugurated by PM Sheikh Hasina. The line connects the northern zone of Dhaka to a hub ...

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Biden to comply with top court order, to prep for Title 42 lifting

Bloomberg President Joe Biden said his administration would comply with the Supreme Court’s order keeping in place sweeping, coronavirus border controls. “The court is not going to decide until June, apparently, and in meantime we have to enforce it,” Biden told reporters after the Supreme Court ordered that the border restrictions, known as Title 42, stay in effect while litigation ...

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UAE tops world in technical and vocational education, training

Abu Dhabi / WAM The UAE has been ranked as the world’s leader in the field of technical and vocational education and training, in the Global Knowledge Index 2022, issued by the United Nations Development Programme (UNDP), in cooperation with the Mohammed bin Rashid Al Maktoum Knowledge Foundation. This achievement is the fruit of the UAE’s efforts to achieve Sustainable ...

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