AI-led chip rally drives Taiwan stock gauge to 19-month high

BLOOMBERG Taiwan’s benchmark stock gauge climbed to its highest closing level since April 2022 as the artificial intelligence theme regains momentum and foreign investors return. The TWSE Index, or Taiex, rose 1.2% on Tuesday, with chipmakers Taiwan Semiconductor Manufacturing Co and MediaTek Inc the biggest contributors. The measure has advanced 23% this year, compared with a 4.5% gain in the ...

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Khaled bin Mohamed bin Zayed inaugurates 15th edition of Abu Dhabi Art

ABU DHABI / Abu dhabi media office His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated the 15th edition of Abu Dhabi Art, organised by the Department of Culture and Tourism – Abu Dhabi. During the visit, His Highness toured the galleries and met ...

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Let’s Share End-of-Year Celebrations at Bawabat Al Sharq Mal

ABU DHABI/ WAM End-of-year vibes at Bawabat Al Sharq Mall are unmatched, and this year is no exception: fun activities, festive celebrations, and engaging activations come under one roof to shape exceptional experiences and warm moments of conviviality, with something special awaiting every member of the family. As customary around this time of the year, Bawabat Al Sharq Mall will ...

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ADEX aims to raise funding to AED3 billion by end of 2023: Al Suwaidi

ABU DHABI/ WAM Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD) and Chairman of the Exports Executive Committee of the Abu Dhabi Exports Office (ADEX), said the UAE has an advanced infrastructure that has strengthened its stature as an international centre for trade and helped attract foreign investments in various sectors. In his statements to ...

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Sharjah Ports, Customs and Free Zones Authority, Gulftainer extend concession agreements

SHARJAH/ WAM Gulftainer, a leading regional ports and terminals operator, and a provider of supply chain and logistics solutions, announced that it has extended its concession agreements with the Sharjah Ports, Customs and Free Zones Authority for a further 35 years, which reinforces the shared mission to transforming UAE’s supply chain and logistics industry throughout the Northern Emirates’ key trade ...

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Dubai Municipality launches safety campaign for construction sites

DUBAI / WAM Dubai Municipality has announced the launch of a robust safety campaign to enhance compliance with safety standards and create a safer working environment at construction sites across the emirate. The campaign also targets all engineers, consultants, supervisors, workers, and contracting and engineering consulting companies in Dubai. The campaign aims to safeguard individuals working at construction sites, reduce ...

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Fertiglobe ships world’s first ISCC Plus certified ‘ammonia’

ABU DHABI / WAM Fertiglobe, the strategic partnership between Adnoc and OCI Global, today announced that it has completed the first shipment of the world’s first internationally recognised renewable ammonia with ISCC Plus (International Sustainability and Carbon Certification) certification. The renewable ammonia was produced at the company’s facilities in Egypt using renewable hydrogen from its pilot Egypt Green Hydrogen electrolyser ...

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