Innovative building codes transform MENA construction
Two emerging construction processes gaining popularity, especially in the MENA region, are 3D printing of concrete structures and offsite construction....Business
US trade subsidies create unlevel playing field with Europe, says Macron
French President Emmanuel Macron repeated his frustration with US subsidies, saying they were hurting European companies by providing an unfair...Macron said that US industrial subsidies, which are part of Biden's huge green energy initiatives, are "super aggressive" towards European business.
While Washington and Paris were "working closely together" on geopolitics and opposing Russia in its invasion of Ukraine, trade tensions remained, Macron said.
World equities extend gains on Fed rate optimism
Global stocks rose as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, while China signaled a...Equities were also helped by signs that China is edging towards a more pragmatic approach to fighting the coronavirus.
The dollar sank, having soared across the board this year as Fed monetary policy diverged more and more from other central banks.
Hackers dump Australian health data online, declare ‘case closed’
In November the hackers demanded health insurer Medibank pay US$9.7 million to keep the records off the internet -- or...Medibank refused to pay at the urging of the federal government, which at the height of the crisis considered making it illegal for hacked companies to hand over ransoms
Australian Federal Police Commissioner Reece Kershaw said in November the hackers were believed to be a group of "loosely affiliated cyber criminals" who were based in Russia
Singapore has highest number of crypto job openings
Luxembourg has the second highest rate at 55.59 crypto jobs per million people.Luxembourg has the second highest rate at 55.59 crypto jobs per million people
North America offers the best average salary for crypto jobs, amounting to annual earnings of $120,000
World Bank says remittances to lower income countries ease in 2022
The World Bank estimates that cash transfers to low income countries eased this year as high prices ate up migrants'...The World Bank says while the reopening of economies as the pandemic receded helped with employment, rising costs "adversely affected migrants’ real incomes"
Rising oil prices and continued demand for migrant workers boosted remittances to Central Asian countries
Gulf countries seek to procure India’s BrahMos missile
Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages.Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages
The discussions with Saudi Arabia which got delayed due to Covid19 pandemic, too are reported to be in advanced stages
Saudi Arabia inks MOU with Spanish company to build combat ships
The agreement was signed in presence of Saudi Defence Minister Prince Khalid bin Salman and Spanish Minister of Industry, Trade...The agreement was signed in presence of Saudi Defence Minister Prince Khalid bin Salman and Spanish Minister of Industry, Trade and Tourism MarÃa Reyes Maroto
Navantia "would localize up to 100 percent of naval shipbuilding, integration of combat systems, and ship maintenance
Musk says Twitter clash with Apple a ‘misunderstanding’
The world's richest person, Elon Musk opened fire on the planet's most valuable company early this week over fees and...Musk also tweeted a video clip of "Apple's beautiful HQ" in Cupertino, California, noting that he had had a "good conversation" with Cook
The billionaire CEO had earlier tweeted that Apple "threatened to withhold Twitter from its App Store, but won't tell us why."
DMCC signs agreement with Poland’s KSEZ to boost business ties
Dubai, UAE— Dubai Multi Commodities Centre (DMCC) has signed an agreement with the Katowice Special Economic Zone (KSEZ) to create...The agreement will see DMCC and KSEZ work closely together to exchange knowledge and professional expertise, in turn further connecting the two countries’ business communities
DMCC has played a significant role in enhancing UAE-Poland commercial relations and is currently home to over 40 leading Polish businesses
Strata announces new collaboration with Pilatus
The amended framework agreement with the leading Swiss aircraft manufacturer is set to further cement the collaboration between Pilatus and...The amended framework agreement with the leading Swiss aircraft manufacturer is set to further cement the collaboration between Pilatus and Strata
Strata’s operations for Pilatus will be extended to feature 3 WPs for Pilatus PC-12 and PC-24, crafted with Strata’s signature use of Carbon Fiber
