Etihad Cargo adds Ezhou airport to its network

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Airways, has operated the carrier’s inaugural flight to Ezhou Huahu Airport. Etihad Cargo’s Boeing 777-200 freighter arrived in Ezhou on 18th August, making the carrier the first international airline to operate flights to the airport. Located in the Hubei Province of China, Ezhou Huahu Airport was developed ...

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“Yiyang Meets the Middle East Economic and Trade Exchange Week” launched in Dubai

DUBAI/ GULF TIME The “Yiyang” yacht Activity -Anhua dark tea and Yiyang agricultural products promotion and exhibition was held recently in Dubai Bay, which also opened the “Yiyang Meets the Middle East Economic and Trade Exchange Week”. Xiong Wei, mayor of Yiyang Municipal People’s Government in Hunan Province, announced the launch of the economic and trade exchange week. Since establishing ...

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Added, e& to support transition to Industry 4.0 and sustainability

ABU DHABI / WAM The Abu Dhabi Department of Economic Development (Added) and e& enterprise on Thursday announced their joint cooperation to enhance and exchange experiences in the areas of Industry 4.0 and sustainable manufacturing, as part of efforts to achieve the Abu Dhabi Industrial Strategy’s (Adis) objectives. Added and e& enterprise signed a memorandum of understanding (MoU) during the ...

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UAE AI Camp witnessed participation of 8,000 individuals

DUBAI / WAM The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office, in collaboration with the National Program for Artificial Intelligence and the National Program for Coders, concluded the UAE AI Camp activities. The camp attracted more than 8,000 participants, aiming to develop their digital skills, explore the digital world, and deepen their understanding of future fields. This ...

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UAE leaders congratulate President of Indonesia on Independence Day

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President Joko Widodo of Indonesia on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister ...

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Hong Kong stocks on edge of bear market as contagion fears mount

BLOOMBERG Chinese stocks saw volatile trading as worrying signs mount in all corners of the economy.  The Hang Seng Index, where a majority of the members are mainland firms, closed little changed after falling more than 2% earlier, which took losses since a January high to 21%. A gauge of Chinese tech stocks gained 0.8%, flipping from a 2.5% loss. ...

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US equity futures remain mixed as Treasury yields near 2007 peak

BLOOMBERG US equity futures hinted at recovery from the retreat, even as a selloff intensified across bond markets worldwide. S&P 500 contracts added 0.2%, while Europe’s equity benchmark slipped 0.4%, falling under its 200-day moving average for the first time since March. While many investors had believed that the Federal Reserve was done raising interest rates, that’s no longer a ...

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Sharjah real estate deals reach AED1.9b in July 2023

SHARJAH / WAM Sharjah has recorded real estate transactions worth AED1.9 billion during July 2023, according to the monthly report issued by Sharjah Real Estate Registration Department. The department executed a total of 2,783 transactions of which 684 were sales transactions across 96 areas, distributed over the various regions of the emirate, and with more than 6 million square feet ...

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