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ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has won two Arabian Property Awards for its fully integrated and all-inclusive project in Abu Dhabi, Bloom Living. The master-planned community received awards for ‘Best Mixed-use Development’ and ‘Best Residential Development’. Each of the two awards categories welcomed hundreds of entries, including some of ...

DUBAI / WAM Dubai is set to host the 2024 edition of Arab Health from January 29 to February 1 2024, with an expanded site and a growing international presence. The event is expected to welcome a global audience with over 3,450 exhibitors and over 110,000 healthcare professional visits from 180 countries. The event will take place over an extended ...

ABU DHABI / WAM The Telecommunications and Digital Government Regulatory Authority (TDRA) has launched the “GovSign” initiative, tailored for the management and approval of documents and correspondence addressed to federal government entities integrated with the Federal Network (FedNet) on the digital government platform. Unveiled during Gitex, the new initiative introduced by TDRA features an automated system for digital document authentication ...

DUBAI / WAM The Abu Dhabi Government concluded its participation in GITEX Global 2023, the world’s largest tech and start-up exhibition held at Dubai World Trade Centre from 16-20 October. 26 innovative projects were launched at the event, alongside 52 agreements and Memorandums of Understanding (MoUs) signed with a wide range of key digital partners. The Abu Dhabi Government pavilion ...

DUBAI / WAM Dubai Future Foundation (DFF) hosted a workshop to explore how to inspire the private sector to find creative solutions to challenges facing local industries and transform them into opportunities as part of the Dubai Future Fellowship Programme. The programme, which was launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman ...

BLOOMBERG Speculation that the Bank of Japan (BOJ) will make some kind of policy move this month continues to build with the weak yen, higher bond yields and stronger-than-expected inflation fueling the market chatter. A report by the Nikkei business daily helped feed the growing expectations of possible BOJ policy action at its board meeting ending on October 31. The ...

BLOOMBERG The yen briefly weakened beyond 150 against the dollar again as the wide yield gap between Japan and the US continues to weigh on this year’s worst-performing major currency. It touched 150.11 per the greenback in early Asian trading on Monday before quickly recovering amid weight from options-related dollar selling and suggestions of algorithmic transactions. It was little changed ...

BLOOMBERG European stocks fell as the 10-year yield on Treasuries hit 5% for the first time since 2007. Europe’s Stoxx 600 index sank 0.4% and S&P 500 equity futures edged lower. The yield on the US 10-year note rose nine basis points as investors bet signs of a strong economy will keep interest rates higher for longer. Oil slipped to ...

BLOOMBERG In the ballroom of the five-star Shangri-La Singapore hotel, Anthony Tan celebrated a triumph for the country’s up-and-coming tech scene. “Today we shine a spotlight on Southeast Asia!” he told the adoring crowd. His company, Grab, the region’s answer to Uber, was about to make its stock market debut. Tan had launched Grab Holdings Ltd in 2012, just as ...

ABU DHABI/ WAM Abu Dhabi Fund for Development (ADFD) participated in the inauguration ceremony of the Gudule General Hospital in Juba, South Sudan. The AED36.73 million (US$10 million) project was funded by ADFD from a UAE development grant. This initiative aims to support the healthcare sector in South Sudan by establishing a 60-bed hospital containing modern equipment to meet the ...