Abu dhabi: Mubadala Investment Company has announced its agreement to acquire a 30 percent stake in Loscam International, a company providing pallet pooling and returnable packaging solutions in the Asia-Pacific region. According to Emirates News Agency, Mubadala will join the current shareholder group, which includes Trustar Capital, the private equity arm of CITIC Capital Holdings … Read more
Sharjah: The Sharjah Department of Human Resources (SDHR) has launched the second cohort of the Sharjah Programme for Training and Qualifying Job Seekers, following the directives of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah. The programme’s introduction included an awareness workshop titled ‘Administrative Awareness and Workplace … Read more
Mexico city: Flossie has strengthened into a hurricane off Mexico’s southwestern Pacific coast. The US National Hurricane Centre in Miami reported that Flossie escalated to a Category 1 hurricane on Monday night, with maximum sustained winds reaching 120 kph. According to Emirates News Agency, Flossie is expected to intensify over the next 36 hours before … Read more
Abu dhabi: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, discussed cooperation between the UAE and the International Atomic Energy Agency (IAEA), as well as ways to enhance it across various fields, during a phone call with IAEA Director-General Rafael Grossi. According to Emirates News Agency, during the … Read more
Chicago: Researchers at a recent American Diabetes Association meeting reported that efsitora, experimental once-weekly insulin, was comparable to daily insulins in nearly a thousand adults with type 2 diabetes in three late-stage trials. The trials, designed to study patients at different stages of insulin use, each found efsitora to be just as effective as daily … Read more
Doha: Qatar’s economy registered a real Gross Domestic Product (GDP) growth of 3.7 percent in the first quarter of 2025, compared to the same period in 2024. According to Emirates News Agency, Qatar News Agency (QNA) quoted the National Planning Council (NPC) as saying that GDP at constant prices reached QAR181.5 billion in the first … Read more
Jebel ali: Autoworld International FZCO, the regional distributor for India’s Bajaj Auto Ltd, has announced an investment of AED45 million to develop a new logistics and distribution hub in the Jebel Ali Free Zone (Jafza). The facility will enhance Autoworld’s ability to serve rapidly growing markets across Africa and the Middle East. According to Emirates … Read more
Abu dhabi: President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Hassan Sheikh Mohamud of the Federal Republic of Somalia, on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness … Read more