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  Dubai / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has launched an automated system to complete employment contracts without human intervention. The smart system aligns with the National Artificial Intelligence Strategy 2031, which aims to position the UAE as a global leader in artificial intelligence (AI) by developing an integrated framework to be adopted in vital areas ...

  Bloomberg Northern Europe faces freezing temperatures for the next two weeks, with an expected jump in heating demand adding pressure to the region’s stretched energy systems. Nordic countries will feel the brunt of the cold snap, with a low of -9.5C (14.9F) in Oslo expected next Tuesday, forecaster Maxar Technologies Inc. said in a report. Arctic air will also ...

Bloomberg A third Russian airfield came under drone attack on Tuesday after Moscow accused Ukraine of carrying out strikes against two bases used by its long-range bombers, the deepest retaliation on its territory since President Vladimir Putin ordered the invasion. An oil storage tank caught fire after the drone strike at a Kursk region airfield, state-run Tass news service reported, ...

Dubai / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, on Monday, discussed with HH Sheikh Tamim bin Hamad Al-Thani, Emir of Qatar, the brotherly relations and ways of enhancing their cooperation to advance the common interests of the two countries. This was part of their official talks that took place at the Emiri Diwan in Doha. The ...

Dubai / WAM Emirates NBD announced its partnership with the Arab payment system Buna to facilitate payments and transfers within the Arab region. Buna is operated by the Arab Regional Payments Clearing and Settlement Organisation “Arpcso,” a subsidiary of the Arab Monetary Fund (AMF). The landmark tie-up with Buna will provide Emirates NBD’s clients with a more rapid, efficient and ...

Abu Dhabi / WAM Sarah bint Yousef Al Amiri, Minister of State for Public Education and Advanced Technology, Chairperson of the UAE Space Agency and the Higher Committee of the Abu Dhabi Space Debate, said that the Abu Dhabi Space Debate is a great opportunity to find solutions to the challenges facing the space sector and enhance international cooperation that ...

  Abu Dhabi / WAM The Federal Tax Authority (FTA) has launched its new integrated and fully developed digital tax administration platform “EmaraTax” on Monday. The platform has been successfully activated, with all services now made available to taxpayers using the latest technologies implemented in the tax field around the world. In a press statement, the FTA asserted that the ...

  Bloomberg With its gleaming offices, electric buses and economically productive residents, Nusantara is the quintessential modern metropolis—smack in the middle of a vast rainforest. At least, that’s what the government brochures depict. What they don’t show quite so clearly is where Indonesia will find $34 billion to build a new capital city from scratch. With just 18 months left ...

  Bloomberg Philippine President Ferdinand Marcos Jr’s economic team lowered its 2023 growth forecast as the global outlook worsens and domestic inflation hovers near a 14-year high. Gross domestic product will probably expand 6%-7% next year from a previous projection of 6.5%-8%, the Development Budget Coordination Committee (DBCC), which sets economic assumptions for fiscal purposes, said. It left this year’s ...

  Bloomberg Dollar bonds of China’s largest developer have returned an eye-watering 404% the past month, highlighting the reversal of fortunes in the country’s property sector as policy shifts have brightened investor sentiment. Country Garden Holdings Co notes started slumping in mid-September, just as another round of worry about real estate firms’ liquidity took hold. A dollar bond maturing in ...