Archive / april - 2022
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UAE and Colombia complete phase one of economic partnership agreementThe UAE and Colombia have completed the first phase of a Comprehensive Economic Partnership Agreement to strengthen trade and investment relations. Authorities expect to finalise...Dewa IPO: company increases number of shares on offer and may raise $6.08bnDubai Electricity and Water Authority has increased the number of shares available in its initial public offering to nine billion ordinary shares, from 8.5 billion,...
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Abu Dhabi Media's ADtv app added to Huawei's AppGalleryAbu Dhabi Media and China's Huawei Technologies have teamed up to add the UAE public service broadcaster's ADtv mobile application to the Huawei AppGallery, one...Asian shares mostly higher after upbeat close on Wall StreetShares in Asia were mostly higher Monday as gains carried over from an upbeat finish last week on Wall Street. Tokyo, Hong Kong and Seoul...Turkey's inflation set to hit new 20-year high, adding to lira's weaknessTurkish inflation is galloping towards a fresh 20-year high, leaving the lira increasingly vulnerable by depriving the currency of a buffer against market sell-offs.A three-month...
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Stylish and Sustainable Furniture Rental Companies to Shop This Earth MonthThere’s been a boom in online furniture rental companies lately. These are sites where, instead of buying items like chairs, beds, and couches outright, you...Climate change: IPCC scientists say it's 'now or never' to limit warmingA key UN body says in a report that there must be "rapid, deep and immediate" cuts in carbon dioxide (CO2) emissions. Global emissions of...Lebanon's central bank not bankrupt, governor saysLebanon's central bank governor Riad Salameh has denied reports circulating in the country that the regulator is bankrupt. "What is being circulated about the bankruptcy...Where do people want to travel to this Eid? US, Italy and Egypt rank as top destinationsRamadan has begun and travellers are starting to make plans for the coming Eid holiday. Predicted to fall on May 1 to 5 in the...Players with disabilities score in video game worldCarlos Vasquez is a master of video fighting game "Mortal Kombat" despite being unable to see the action on screen because he is blind. The...An overview on global fiber and yarn marketThe global demand for the Textile Yarn Market was valued at USD 11.9 Billion in 2019 is expected to reach USD 16.0Billion in 2026 and...Plus-Size Fitness Fans Call for More-Inclusive Sports Gear, EquipmentMany apparel companies have started selling larger sizes in recent years, but some people who wear plus-size clothes say makers of technical athletic gear and...
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Abu Dhabi's non-oil economy grew 4.1% in 2021Abu Dhabi's non-oil economy grew an annual 4.1 per cent last year, driven by government’s robust economic policies and the emirate’s speedy recovery from the...Emirates SkyCargo transports one billion Covid-19 vaccine dosesEmirates airline's cargo arm transported more than one billion Covid-19 vaccines doses worldwide, in the 18 months after its first trial shipment of doses in...EK Draconis illuminates an unimagined picture of how superflares may affect interplanetary space through coronal mass ejectionsWelcome to the New Year! While Earth celebrated 2022’s arrival with displays of fireworks, the greatest “fireworks show” in our solar system often occurs on...Hiring activity in India grows 16% y-o-y in March: Naukri JobSpeakIndia Inc’s hiring activity recorded a 16% year-on-year growth in March amid removal of restrictions and a pick-up in business momentum prompting employers to strengthen...The world’s most powerful passports ranked: UAE holds steady while Ukraine moves upThe release of the latest Henley Passport Index highlights the impact the current conflict in Ukraine is having on travel freedom and mobility. The index,...Twitter confirms it is working on an edit buttonIt comes after new board member, Tesla boss Elon Musk, asked his followers in a Twitter poll whether they wanted the feature. Many users have...East Asia and Pacific economic recovery threatened by Russia-Ukraine war, World Bank saysRussia's military offensive in Ukraine, and the subsequent sanctions imposed on Moscow as a result, threaten the uneven recovery of developing East Asia and Pacific...AMD Confirms Its GPU Drivers Are Overclocking CPUs Without AskingAMD has confirmed to Tom's Hardware that a bug in its GPU driver is, in fact, changing Ryzen CPU settings in the BIOS without permission....
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First all-private astronaut mission to ISS readies for liftoffThe International Space Station (ISS) is set to become busier than usual this week when its crew welcomes on board four new colleagues from Houston-based...Singapore: No more quarantine for fully vaxxed travellers from April 1Singapore is all set to relax entry rules from April 1. As per the reports, all fully vaccinated passengers will, however, be required to undergo...Amazon secures rockets for broadband projectThe project aims to provide broadband connections using a constellation of 3,236 satellites. Rival Starlink is said to have more than 2,300 satellites in orbit...UAE attracted $20.7bn in foreign direct investments in 2021, Ministry of Economy saysThe UAE attracted Dh76 billion ($20.7bn) in foreign direct investments in 2021, up 3.9 per cent from 2020, as a result of measures the country...Pakistan’s textile exports catching up with neighboring apparel making countriesPakistan textile and apparel industry is expecting a staggering 40% growth in the current 2021-2022 FY. Recently, Abdul Razak Dawood, Commerce Adviser to the Prime...
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Oil prices close 2% higher but decline for second week as countries release more stockOil prices settled 2 per cent higher at the close of trading on Friday but lost for a second consecutive week after International Energy Agency...New all-suite luxury cruise ship will sail adventurers around the Galapagos IslandsAdventure travellers take note, there's a new all-suite luxury explorer ship ready to start sailing around the Galapagos Islands at the end of summer. Making...Smartphones with 50MP cameras expected to go mainstream in 2022Smartphones with 50-megapixel main cameras are expected to go mainstream in 2022 as production costs for sensors decrease, according to Counterpoint Research.The share of smartphones...Banks in Lebanon say IMF agreement 'crucial first step' towards recoveryThe Association of Banks in Lebanon (ABL) said the country's agreement with the International Monetary Fund marks a “crucial first step” towards the country's economic...Nissan plans 'game changing' electric car batteriesNissan is working with NASA on a new type of battery for electric vehicles that promises to charge quicker and be lighter yet safe, the...
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Walmart, Kohl's falsely marketed 'bamboo' fiber in bedding, towels, bras: FTCLThe Federal Trade Commission filed lawsuits against Walmart and Kohl's, claiming false advertising on a wide range of "bamboo" products. Walmart and Kohl's have sold...Ramadan at Hatta Wadi Hub: iftar boxes, staycation deals and discounted activitiesHatta Resorts and Hatta Wadi Hub has extended its season until May 15, and is open throughout Ramadan for the very first time. For the...US cryptocurrency companies turn to solar to make mining more environmentally friendlyTwo US technology companies, Block and Blockstream, are preparing to launch a fully solar-powered Bitcoin creation centre, or mine, in June, in an effort to...Aluminium users cite weak operating conditions in Q1 as export orders slump on price riseOperating conditions for companies that use aluminium stagnated at the end of the first quarter of 2022 as output levels contracted and new orders faced...Iraq can ensure oil exports of more than 3.3 million bpd from southern terminalsIraq can ensure crude oil exports of more than 3.3 million barrels per day from its southern terminals, as the country looks to leverage higher...
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Flying private a cheaper option in 2022With international travel finally opening up properly, people are starting to consider things like summer holidays and what travel options they want to make this...Here's how AI is explaining itself to peopleMicrosoft's LinkedIn boosted subscription revenue by 8 per cent after arming its sales team with artificial intelligence software that not only predicts clients at risk...Dollar rises to highest level against yen since June 2015; stocks fallThe U.S. dollar accelerated its upswing against the yen on Monday afternoon, rising to the lower 125 yen, a level unseen since June 2015.The dollar...War set to cut Ukraine's economy by almost halfThe institution forecasts Russia's invasion will cause more economic damage across eastern Europe and parts of Asia than the coronavirus pandemic. The conflict in Ukraine...
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MSC Lirica sets sail from Piraeus for Summer 2022MSC Cruises held a special celebratory event on board MSC Lirica in the port of Piraeus for nearly 150 members of the Greek travel industry...Egypt’s Paymob begins global expansion with PakistanEgypt’s Paymob, a digital payments service provider for businesses, is expanding to Pakistan as its first international market. The Cairo-based FinTech also plans to enter...Sri Lanka to temporarily halt foreign debt payments to avoid a hard defaultSri Lanka will temporarily suspend foreign debt payments to avoid a hard default, the central bank governor said on Tuesday, with its limited foreign reserves...5 Trends for Industrial Inkjet Printing in 2022Honda accelerates its manufacturing capabilities in BangladeshJapanese autogiant Honda has recently revealed its new plant in Bangladesh, as part of the country’s aim to establish...Honda to spend ¥5 tril over next decade on EVsHonda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the...
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Proposte 2022 set to showcase new fabrics, curtainsThe 2022 event will take place April 26-28 at the Villa Erba in Cernobbio with 69 exhibitors. In addition to 29 of Italian companies, exhibitors...AD Ports’ feeder services unit teams up with Bangladesh company to boost tradeSafeen Feeders, AD Ports Group’s feeder services company, has linked up with Saif Powertec, a listed ports and logistics company in Bangladesh, to boost trade...
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Greece to remove all travel restrictions in time for summerGreece is removing all pandemic-related restrictions ahead of its peak summer tourist season. From May 2, tourists will no longer need to present vaccine passports,...Tech battles to show worth in Ukraine war crimes probesRussia's war in Ukraine is still being counted in days, but images of atrocities already number in the hundreds of thousands. The conflict is the...Lebanon's $3bn deal with IMF expected to fuel 'reform momentum' but difficulties persistLebanon’s agreement with the International Monetary Fund last week for $3 billion in funding as part of a four-year deal is expected to fuel “reform...Plastic industry aims to double exports to $25 billion by 2025The plastic industry is targetting to more than double its annual exports to $25 billion by 2025, commerce and industry minister Piyush Goyal said on...Saudi Crown Prince and Putin discuss Opec+ and Ukraine in callSaudi Arabia's Crown Prince Mohammed bin Salman and Russian President Vladimir Putin gave a "positive assessment” about their co-operation in the Opec+ alliance in a...
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Apple and other firms face shipment delays over China’s supply chain squeezeShipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China’s Covid-19 lockdowns persist, analysts said, as...Why surging inflation could hamper India’s economic recoveryFood inflation poses a growing challenge to India’s economic recovery, economists say, with businesses and households feeling the pinch from higher prices amid the global...Asian shares sink as China says 1Q growth at 4.8%Shares were mostly lower in Asia after China reported Monday that its economy expanded at a 4.8% annual pace in January-March. Benchmarks fell in Tokyo,...
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Kadapakkam Lake in Chennai will soon turn into an eco parkIn the coming days, the famous Kadapakkam lake in Chennai will be transformed into an eco park by the Greater Chennai Corporation. When done, the...Shareholders await Musk's next move in Twitter takeover bidTwitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company, leaving investors to wonder about the mercurial Tesla...China’s central bank announces support measures for Covid-hit businessesChina’s central bank has announced a spate of measures to help an economy that has been hit by lockdowns to control the current Covid-19 outbreak,...
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Scientists map Caribbean coral reefs to tackle climate changeCorals with the highest potential to escape destruction from marine heat waves are predominantly located along the northern shoreline of Cuba. And other promising sites...Will Netflix be able to revive its slowing subscriber base with an ad-based model?Netflix, the world's largest streaming platform, was one of the companies that bucked the trend in terms of performance amid the Covid-19 pandemic. Millions of...Ukraine war to test resilience of global financial stability and raise risks: IMFThe Russia-Ukraine war will test the resilience of the global financial system, posing a threat to financial stability and presenting policymakers with challenging trade-offs, the...Russia lifts ban on some agricultural imports from TurkeyRussia has lifted restrictions on the import of various agricultural products from Turkey, according to an official statement Saturday.In a written statement made by the...
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Global Work & Travel partners with five international travel brands to launch “Tour” divisionOne of the world's leading and largest e-commerce youth work and travel platforms has partnered with five international brands as part of a strategy to...Soaring inflation leads emerging markets into stagflation, IIF report saysIn a separate report released on Wednesday, the IMF said countries face tough choices when dealing with rising inflation, the lingering pandemic and historically high...How to choose the right antivirus for your businessBusinesses have never relied so much on computers and cloud services to get the job done, and that brings opportunities – but it means your...Avolites consoles chosen to power lighting control for London hotel ballroomAvolites has been chosen by systems integrators Visual Systems to power the lighting control at The Londoner hotel. Billed as the world’s first “super boutique”...
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Climate change and farming driving insect declineThe combined pressures of global heating and farming are driving a "substantial decline" of insects across the globe, according to UK researchers. They say we...Frontier markets and Mena oil-importers most exposed to funding shock, Moody's saysLow-rated frontier markets and oil-importing countries in the Middle East and North Africa (Mena) region are most exposed to an extended funding shock amid the...Semiconductor Equipment Market Surging to Meet Electronics DemandThe global COVID-19 pandemic, coupled with robust demand for next-generation electronics, has kept the capital equipment market humming. Last year, global sales of semiconductor manufacturing...
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Many protected areas do not benefit wildlife, study saysScientists examined the impact of 1,500 protected areas in 68 countries, focusing their analysis on wetlands and waterbirds. They found that, in terms of how...How Elon Musk swayed Wall Street using his personal vision for TwitterPublicly, Elon Musk has said he doesn’t care about the economics of owning Twitter. But during a hectic, multi-day scramble to line up $46.5 billion...Billionaire Mukesh Ambani's Reliance scraps $3.2bn deal to buy India's Future GroupBillionaire Mukesh Ambani abandoned a plan to buy a teetering Indian retailer amid protracted legal challenges from Amazon.com, potentially ending one episode of the broader...INDUSTRY APPRECIATION DAK Americas to invest $54 million in building, machinery upgradesA Calhoun County plastics manufacturer is planning to invest $54 million over the next five years in building and machinery upgrades to support its Sandy...
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Can India help solve a widening global wheat supply crunch?India has the ambition and the capacity to fill at least part of the global wheat supplies gap, an agricultural chemicals company chief has claimed....Nissan signals the end of the road for Datsun carsIt was one of the brands that helped Japan's carmakers become established globally after the Second World War.Despite selling millions of cars around the world,...Queen’s Award for Heathcoat FabricsTiverton, UK-based textile manufacturer Heathcoat Fabrics has been recognised with a prestigious Queen’s Award for Enterprise for Innovation. This follows the company’s development of a...Irish medtech start-up SymPhysis Medical raises €1.9mIrish medtech start-up SymPhysis Medical has raised €1.9 million in funding to help the company finish its product development and push into the US market....
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SpaceX: Can meat be grown in space?Jeff Bezos and Elon Musk both want to colonise space. Nasa is also trying to put people on to the dusty surface of Mars. But...Why did Elon Musk buy Twitter and what happens next?Elon Musk finally did it. Twitter, the social media titan whose board Mr Musk refused to join, is now his, making the world's wealthiest person...Sharjah’s economy grew 4.8% in 2021 as non-oil sector reboundedSharjah’s gross domestic product grew 4.8 per cent in 2021 as the emirate’s non-oil sector drove its recovery from coronavirus-induced headwinds. The emirate registered Dh130.5...New Report Finds Slow Progress on Sustainable Plastic PackagingIn the effort to reduce the presence of plastic in consumer goods, packaging seems like a good place to start.In the vast majority of non-food...
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Food and energy prices to stay at 'historically high levels' until 2024, World Bank saysThe Russia-Ukraine conflict has upended commodity markets, altering global trade, production and consumption patterns that will keep food and energy prices at “historically high levels”...Microsoft’s $15 billion cybersecurity business is giving investors new reason for optimismIn January 2021, Microsoft CEO Satya Nadella revealed the size of the software company’s security business for the first time. The number was big. Nadella...U.S. speeds up phaseout of incandescent light bulbs in favor of energy-efficient onesThe Biden administration is scrapping old-fashioned incandescent light bulbs, speeding an ongoing trend toward more efficient lighting that officials say will save households, schools and...
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Dubai's free zones on track to boost GDP contribution to $68bn by 2030Free zones in Dubai are on track to boost their contribution to the emirate's gross domestic product to Dh250 billion ($68bn) by 2030, according to...Consider Creating a Customer Guide That Describes Printing TechnologiesThe printing process is intricate and complex. Printing is a finely tuned and calibrated engineering feat with thousands of parts all moving in perfect harmony....