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Month: January 2024

Posted on 02/01/2024

Global Impact: time to reflect on 2023 for mainland China, Hong Kong and the rest of the world, and look ahead to 2024

In this issue of the Global Impact newsletter, we look back at the events that shaped 2023, and looks forward to what we can expect in mainland China, Hong Kong and the rest of the world in 2024.

Posted on 02/01/2024

HFCL wins Rs1,127-cr order for upgrading BSNL’s optical fibre network

Telecom network solutions provider HFCL Ltd has secured orders worth Rs1,127.27 crore from state-run Bharat Sanchar Nigam Ltd (BSNL) for upgrading its optical fibre network for carrying the telecom op …

Posted on 02/01/2024

Abu Dhabi’s TAQA part of consortium for $408mln Makkah water project

Abu Dhabi-listed utilities company TAQA is part of a consortium to develop the AED 1.5 billion ($408 million) Juranah Independent Strategic Water Reserve Projecct (ISWR-1) in Saudi Arabia.

Posted on 02/01/2024

New Year 2024 countdown: New Zealand and Australia are celebrating, which are next?

Kiribati, located in the Pacific Ocean’s Oceania region and positioned to the east of the International Date Line, welcomed New Year 2024 at 10.00 am GMT (3.30 pm IST) . Specifically, Kiritimati Island,

Posted on 02/01/2024

My Dubai Salary: ‘I earn Dh2,000 a month as a content creator’

In Dubai, my biggest expense is the rent … I make money, spend it on my necessities and try to reinvest what is remaining into my content creation business, as I want to sustain myself in this …

Posted on 02/01/2024

Dubai financial frenzy: Surge as investor accounts hit new record

A major uptick in investor accounts have been recorded on the Dubai Financial Market (DFM), helped by interest in the Dubai Taxi IPO …

Posted on 02/01/2024

Revealed: UAE leads the world in spreading cryptocurrency adoption across industries with range of real-world use cases

The UAE is leading the world in finally pushing widespread adoption of cryptocurrencies beyond the financial sector, with the government’s industry-friendly regulatory policies taking structured shape …

Posted on 02/01/2024

Dh96,000 fine in UAE: Ministry starts implementing Emiratisation targets on more than 12,000 companies

More companies are now subject to Emiratisation target rules. More than 12,000 companies with 20-49 employees, operating across 14 specific economic sector..

Posted on 02/01/2024

UAE public holidays: When are all the 2024 long weekends?

It starts on Sunday, June 16 and goes until Wednesday, June 19. Arafat Day is observed on Dhul Hijjah 9 and is followed by the Islamic festival Eid Al Adha, which are confirmed by the UAE cabinet as a …

Posted on 02/01/2024

UAE marks a new chapter, officially joins Brics to boost outreach

The addition of five countries, including Saudi Arabia, has doubled the alliance – an economic force accounting for a combined GDP of $28.5 trillion …

Posted on 02/01/2024

Trescon Lights Up 2023: A Year of Innovation and Growth

As 2023 draws to a close, Trescon reflects on a year that was filled with innovation, pioneering concepts, impactful initiatives and transformative platforms that are further driving the global …

Posted on 02/01/2024

UAE weather: Red, yellow alerts for fog; police issue warning for residents

The weather in the UAE will be fair to partly cloudy in general, according to the National Centre of Meteorology (NCM). Red and yellow alerts have been issued for fog in parts of the country.

Posted on 02/01/2024

Salary hike in UAE: How to join 50% employees expected to get increment in 2024

Workers need to show their worth and should have a conversation with managers about the pay increase, discuss their performance …

Posted on 02/01/2024

UAE’s Comprehensive Economic Partnership Agreements enjoyed exponential growth in 2023

Thani Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE’s Comprehensive Economic Partnership Agreement programme (CEPA) has enjoyed exponential growth in 2023, with three deals …

Posted on 02/01/2024

Over 57,000 new investors flocked to DFM in 2023, driving 12.5% growth in new accounts

ABU DHABI: Brokerage firms at the Dubai Financial Market (DFM) opened 57,054 new investor accounts in 2023, marking a significant increase of 12.5% over the previous year, according to data released …

Posted on 02/01/2024

Saudi Arabia invests millions in tech-powered entertainment era

DUBAI: As Saudi Arabia enters another busy event season, including grand city-based celebrations in Riyadh and Diriyah, a host of new entertainment ventures powered by new technology are opening up in …

Posted on 02/01/2024

Ras Al Khaimah and Abu Dhabi break records with New Year fireworks and drone displays

It was another record-breaking New Year’s Eve in the UAE, with five Guinness World Records broken across two emirates. Two records were achieved in Ras Al Khaimah last night, following an eight-minute …

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