AHMEDABAD/ WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived today in the Republic of India at the start of a working visit. His agenda includes discussions with His Excellency Narendra Modi, Prime Minister of India, to explore ways to further build upon the strategic partnership between the two countries. His Highness is also scheduled to attend the ...
Read More »e&, Cisco sign pact to elevate connectivity UAE-based firms
DUBAI / WAM etisalat by e& and Cisco, two of the leading giants in the telecommunications and technology sectors, announced the signing of a memorandum of understanding (MoU) to collaborate on advanced connectivity solutions and services for businesses in the UAE. The MoU outlines the principles by which the companies intend to collaborate on go-to-market activities, serving enterprises and SMB ...
Read More »Latifa bint Mohammed meets ‘Great Arab Minds’ architecture award winner
DUBAI / WAM HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, met with Professor and Architect Lina Ghotmeh, a pioneering and inspiring figure in sustainable architecture and the recipient of the ‘Great Arab Minds’ award in the Architecture and Design category. The gathering, which ...
Read More »UAE, Mongolia sign pact for mutual visa exemption
ABU DHABI / WAM The United Arab Emirates and Mongolia have signed a memorandum of understanding (MoU) regarding mutual visa exemption for holders of ordinary, diplomatic, special and mission passports, as part of continued efforts to develop and strengthen bilateral relations and achieving the common interests of the two peoples and countries. Under this memorandum, UAE nationals who hold regular, ...
Read More »Mohammed bin Rashid launches 4th season of ‘World’s Coolest Winter Campaign’
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched on Tuesday the 4th season of the “World’s Coolest Winter Campaign”, to further support the tourism sector in line with the UAE’s domestic tourism strategy launched in 2020 to promote domestic tourism. His Highness Sheikh Mohammed ...
Read More »Nikkei hits highest since early 1990s in sign deflation ending
BLOOMBERG Japan’s Nikkei 225 Stock Average climbed to its highest since the nation’s bubble economy era more than three decades ago, reflecting investor optimism that growth is returning after the country’s long battle with deflation. The blue-chip gauge rose 1.2% to close at 33,763.18 in Tokyo, a level unseen since March 1990, lifted by a rebound in technology shares and ...
Read More »Stocks, bonds tick lower after tech-led gains fade
BLOOMBERG Stocks and bonds retreated before key inflation readings from the US and China later this week and the earnings season kicks off on Friday. US stock futures dropped with Europe’s Stoxx 600 benchmark as investors shrugged off tech-led gains that rolled across global markets and drove a Japanese gauge to a 34-year high. The Nasdaq 100 jumped the most ...
Read More »S Korea logs current account surplus for 7th month in Nov
SEOUL / WAM The Republic of Korea logged a current account surplus for the seventh straight month in November on the back of an increased trade surplus, Yonhap News Agency quoted the Bank of Korea (BOK) as saying. The country’s current account surplus reached $4.06 billion in November, narrowing from the surplus of $6.8 billion the previous month, according to ...
Read More »China wants its EV fleet to plug in, charge power grid
BLOOMBERG In the industrial hub of Wuxi near Shanghai, car owners recently took part in China’s largest experiment to rewire the grid and take advantage of its world-leading fleet of electric vehicles. Instead of charging up after plugging in, 50 EVs did it the other way around. For 30 minutes, the cars combined to feed around 2 megawatts of electricity ...
Read More »MoHRE launches ‘UAE Labour Market Observatory’ to boost labour market competitiveness
DUBAI / WAM The Ministry of Human Resources and Emiratisation (MoHRE) has launched the UAE Labour Market Observatory. It is designed to provide periodic data and information in both Arabic and English on various competitiveness indicators of the UAE labour market, outputs of the policies set to regulate it, and information about innovative services, programmes, and initiatives, along with other ...
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