Ahmed bin Saeed inaugurates Middle East’s first LPG Week

Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, on Tuesday opened the Middle East’s first Liquefied Petroleum Gas (LPG) Week at the Dubai World Trade Centre (DWTC). The three-day event themed ‘Energising Tomorrow’ is organised by the ...

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UAE government announces four and half day working week

ABU DHABI / WAM The UAE government is to adopt a new four and a half day working week, effective from January 1, 2022. The move applies to Federal government entities and comes alongside new working hours, with Monday to Thursday workdays now starting at 7:30 am and ending at 3:30 pm, and Friday working hours from 7:30 am – ...

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UAE, Gabon discuss ways to enhance cooperation

ABU DHABI / WAM Ali Al Sayegh, Minister of State, has met with Pacôme Moubelet-Boubeya, Minister of Foreign Affairs of Republic of Gabon, at Expo 2020 Dubai. During the meeting, they discussed ways to consolidate means of enhancing cooperation between two countries, including climate change, women’s empowerment and investment. Al Sayegh praised the participation of Gabon in Expo 2020 Dubai, ...

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UAE, Poland sign deals to boost ties in private sector

Dubai / WAM The UAE Federation of the Chambers of Commerce and Industry (FCCI) and the Polish Chamber of Commerce signed two Memorandums of Understanding (MoU) aimed at strengthening the relations between the private sectors of the UAE and Poland. The MoUs also aim to establish a joint business council, promote economic cooperation, and develop commercial and investment ties between ...

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Emirates crowned World Class Airline

Dubai / WAM Emirates has been named World Class Airline at The Apex Official Airline Ratings awards, becoming one of the first airlines to be recognised in this new award category that stands at the pinnacle of all Apex Passenger Choice awards. In addition, Emirates was renewed as a Five Star Airline by Apex, and clinched its fourth Apex Passenger ...

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SCCI organises Sharjah-India business forum

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) stressed the importance of strengthening economic relations between the emirate of Sharjah and the Republic of India, by highlighting the available investment opportunities and the facilities and incentives offered by both sides in various vital sectors. This came during the Sharjah-India Business Forum organised by the SCCI on the ...

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If Tesla has got troubles, everyone should worry

Tesla Inc so far has managed to deftly navigate the supply chain crisis and US–China trade tensions that have hamstrung manufacturers globally. The EV maker’s latest worries show it’s about to get tougher for companies that hoped the worst was behind them. Joining a host of other auto suppliers looking for tariff exclusions on various parts, Elon Musk’s company submitted ...

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When innovation grows from imitation

You probably know him as that stern, cult-leader-ish face staring from billboards on multiple continents, clad in wire-rimmed glasses and a starched button-up shirt, like some Steve Jobs of the sleep industry. Contrary to the haunt-your-dreams imagery, De Rucci guy isn’t the obsessively controlling scion of a long line of Milanese upholsterers. Instead, according to the state-run China Daily newspaper, ...

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Singapore wants to lead on cryptocurrency

Singapore may have set its sights on becoming the world’s cryptocurrency capital. But its “buyer beware” approach to trading in risky digital assets doesn’t mean anything goes. A coin that works as a pension plan for BTS, the world’s most-famous K-pop group, is perhaps beyond the pale. The Monetary Authority of Singapore (MAS), which had earlier allowed Bitget, a popular ...

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ESG defies Wall Street’s efforts to package it well

Wall Street is trying to bottle ESG, but ESG has other ideas. Mutual funds and exchange-traded funds based on environmental, social and governance attributes have gathered a lot of money recently. They took in $51 billion in 2020, $3 billion more than during the previous 11 years combined, according to Morningstar. This year’s flows are even bigger, $56 billion through ...

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