Masonry Layout

Indian conglomerate Godrej to expand oil palm plantations

Bloomberg Godrej Industries Ltd, part of a 125-year-old Indian conglomerate, is looking to boost the number of oil palm plantations as the government aims to raise local output and cut the nation’s heavy imports. The group’s agriculture and chemicals arm Godrej Agrovet Ltd — India’s largest oil palm processor backed by Singapore’s sovereign wealth fund Temasek Holdings Pte — will ...

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Nato allies warn on China with eye on Beijing’s ties to Putin

Bloomberg A Nato foreign minister warned that economic reliance on China is risky after what happened with Russia, even as other envoys stressed how Beijing could help push for a deal to end the war in Ukraine. “We’ve seen what dependence on Russia means to all of us in the West,” Lithuanian Foreign Minister Gabrielius Landsbergis told Bloomberg TV on ...

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EU explores new steps to probe Russian crimes, use frozen assets

Bloomberg European Commission President Ursula von der Leyen suggested creating a special international court to probe Russian actions in Ukraine and using frozen Russian assets to help rebuild the nation. The head of the European Union’s executive arm said the bloc would try to gather international support for a “specialised court backed by the United Nations to investigate and prosecute ...

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Etihad Rail signs partnership deal with petchem firm Borouge

Abu Dhabi / WAM HH Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, witnessed the signing of the terms sheet for a strategic partnership for sustainable transportation between Etihad Rail, the developer of the UAE Railway Network, and Borouge, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, to transport 1.3 million tons of ...

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Work on teamLab Phenomena Abu Dhabi 25 percent complete

  Abu Dhabi / Gulf Time The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Miral, Abu Dhabi’s leading creator of immersive destinations and experiences, announced 25% construction completion of the immersive, multi-sensory attraction teamLab Phenomena Abu Dhabi, located in the Saadiyat Cultural District. A partnership with teamLab, the globally acclaimed, interdisciplinary Tokyo-based art collective, teamLab ...

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November 30 a day to remember righteous martyrs: Sharjah Ruler

  Sharjah / WAM His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, affirmed that November 30 is a day to remember the righteous martyrs of the homeland who defended the soil, pride and dignity of this country. In a speech addressed by “Nation Shield” magazine on the occasion of Commemoration Day, which ...

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Mubadala Health-ECA pilot program to support parents, children

  Abu Dhabi / Gulf Time Mubadala Health has announced the launch of a pilot program that supports parents across the emirate of Abu Dhabi, in collaboration with Abu Dhabi Early Childhood Authority (ECA), furthering its commitment to safeguard and support the physical and mental well-being of parents and children. This pilot program focuses on Community Awareness and Child Development ...

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Korea orders cement truckers to work, citing economy risk

Bloomberg South Korea ordered striking cement truck drivers back to work in a dramatic step it said was necessary because of the threat to the nation’s economy. The government issued the order during a cabinet meeting led by President Yoon Suk-yeol, and warned that violators will face legal action. This is the first time such a decree has been put ...

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Toyota global output slows from record as challenges persist

Bloomberg Toyota Motor Corp produced 771,382 vehicles in October, down from a record of 887,733 the previous month, and warned of an uncertain outlook due to Covid and semiconductor shortages. Output was up 23% from October 2021, when supply chains were disrupted by the spread of Covid in Southeast Asia, Toyota said in a statement. The world’s biggest automaker is ...

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Fosun mulls sale of India’s $3.6 billion Gland Pharma

  Bloomberg Billionaire Guo Guangchang’s Shanghai Fosun Pharmaceutical Group Co is considering a sale of Indian drugmaker Gland Pharma Ltd after receiving interest from potential buyers, people familiar with the matter said. Fosun Pharma, a listed arm of Chinese conglomerate Fosun International Ltd, has been working with an adviser as it informally gauges interest in its controlling stake in Gland, ...

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