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United Arab Emirates (UAE)

Roasted by daytime summer temperatures too hot for the beach, Dubai has turned to an innovative solution: opening beaches at night. Photo: AFP

Follow the crowds to the beach for the best thing to do in Dubai at night

Floodlit and with lifeguards sporting night-vision binoculars, Dubai beaches too hot to use by day have drawn over a million night visitors.

Exclusive | Dubai’s DP World eyes mainland China market with Hong Kong acquisition

Dubai vs Abu Dhabi: a tale of two emirates reveals modern and historical wonders

India detects first case of fast-spreading mpox strain

Public health officials are on high alert, implementing enhanced screening measures at international airports.

A nurse stands next to a newly created mpox isolation ward at a hospital in Ahmedabad, India. Photo: AFP/Getty Images/TNS

Singapore Exchange eyes Middle East move to target Dubai-bound hedge funds

The planned expansion comes as major fund managers flock to Dubai, attracted by favourable tax conditions and government incentives.

Wrise expands in Hong Kong after seeing more rich clients opening family offices

Wrise, a wealth management platform, has expanded in Hong Kong after seeing an increase in rich clients setting up family offices.

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Opinion | China’s growing influence in Middle East carries its own risks

Making moves in line with geopolitical interests rather than economic ones are growing China’s regional influence but risk irking friends.

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UAE President Sheikh Mohamed bin Zayed al-Nahyan (right) bids farewell to Premier Li Qiang after an official reception in Abu Dhabi on September 12. Photo: Reuters

Hong Kong, Dubai to boost efforts on sustainable finance as climate risk mount

Global climate finance must increase by at least sixfold to US$8.5 trillion annually through 2030 to prevent global warming, a US non-profit says.

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Man City hearing over 115 charges for Premier League financial breaches begins

An independent panel will hear evidence for at least two months against the champions, with a verdict unlikely until 2025.

Senior US official lauds China cooperation on tech-transfer controls

‘End-use checks’ have improved since the pandemic, but pending congressional legislation is keeping mainland firms in limbo.

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Matthew Axelrod (right), US assistant secretary for export enforcement at the Department of Commerce, speaks at the Centre for Strategic and International Studies in Washington on Thursday, with William Reinsch of CSIS.

Hong Kong companies sign agreements for Middle East expansion

Home-grown firms FansWave, Farmacy and Allied Environmental Consultants sign agreements with UAE investment firm at Belt and Road Summit.

A view of Dubai, United Arab Emirates, on September 6, 2024. Photo: Xinhua

New phase in Belt and Road Initiative begins as deals, connectivity thrive

The China-led initiative is evolving as private sector partnerships grow amid advances in digitalisation, connectivity.

Hong Kong to tout strengths in dispute resolution at Southeast Asia roadshows

Justice secretary Paul Lam to lead another delegation to Brunei, Vietnam and Malaysia to promote the city’s ‘unique advantages’.

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China’s US$40 billion skincare market adjusts as value-for-money drives growth

Chinese consumers are switching to value-for-money names from luxury icons. Foreign brands are learning from the market as local brands dominate skincare sales.

A Drunk Elephant pop-up booth in a Shanghai mall. Photo: Handout

Meet Ghaliaa Chaker, a hijab-wearing singer out to inspire others like her

Ghaliaa Chaker is part of an all-girl biker group, sings mostly in Arabic, has 439,000 followers on Instagram – and she performs in a hijab.

Syrian singer Ghaliaa Chaker performs during her concert in Beirut on August 25, 2024. She has 439,000 followers on Instagram, is part of all-girl biker group, sings mostly in Arabic – and wears a hijab. Photo: AFP

Lower costs, stronger EM links boost yuan’s appeal in trade finance, bank says

The yuan’s funding costs for trade finance are about 3 percentage points lower than loans priced in the US currency, Standard Chartered says.

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Chinese EV start-up Rox Motor to push overseas expansion

Shanghai-based carmaker aims to grow sales channels in the Middle East, Africa and Central Asia as price war at home erodes margins.

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Pope heads to Southeast Asia in ambitious trip

Pope Francis’ visit aims to cement the Catholic Church’s position in the region and comes despite his growing health problems.

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Pope Francis will visit four countries in Southeast Asia starting next week. Photo: Reuters

Exclusive | HSBC’s London-based CEO starts work in Hong Kong. Here’s why

A Mandarin-speaking chief executive may go some way to help HSBC mend ties with its biggest shareholder Ping An Insurance (Group), which has been agitating to break up the bank since 2022.

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Telegram’s Pavel Durov charged, banned from leaving France

France releases Telegram boss Pavel Durov on a US$5.5 million bail after he was charged over alleged criminal use of app.

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Hong Kong’s launch of wCBDC sandbox takes it closer to tokenised market

Six participants, including HSBC, Standard Chartered and Bank of China (Hong Kong), showcased test cases that will be explored to boost scale and interoperability.

The HKMA has launched a wholesale central bank digital currency sandbox, which will test a new financial market infrastructure that facilitates all the stages of a tokenised asset transaction. Photo: Shutterstock

China’s EV makers need emerging markets amid dire profit prospects: Moody’s

Emerging markets in Latin America, the Middle East and Southeast Asia have growth potential but also carry risks for companies facing a price war at home and tariffs abroad, ratings agency says.

BYD EVs wait to be loaded onto a ship at Taicang Port in Suzhou, in China’s eastern Jiangsu province, on February 8, 2024. Photo: AFP

Hong Kong’s status as fundraising hub undeniable: LianLian DigiTech CEO

‘Global uncertainties have created an abnormal situation,’ but capital flow to growth areas will resume once these die down, Xin Jie says.

Why China’s 220 million retail investors are shying away from the stock market

Chinese investors shun stocks amid economic uncertainty, preferring bonds, ETFs and luxury homes. Optimism is low despite government efforts to boost market confidence.

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Ethiopian Airlines signs US$6 billion deal for mega airport

The new airport, described as the largest in Africa, will be able to handle 100 million passengers a year once completed in five years.

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An Ethiopian Airlines 787 Dreamliner prepares for departure from Bole International Airport in Ethiopia’ capital, Addis Ababa. Photo: Reuters

UAE business hub seeks to build on ‘very, very strong’ China ties

Expo City Dubai is eyeing Chinese firms to take up residency at the one of the newest business hubs in the UAE amid China’s growing ties with the Middle East.

Expo City Dubai. Photo: Expo City Dubai

Chinese stocks remain steady in the face of wild gyrations in global markets

Mainland stocks’ subdued reaction may help boost the appeal of the US$8.4 trillion market that is grappling with waning confidence and economic slowdown, according to analysts.

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UAE shows diplomatic sway with Gaza aid and ties to Israel

Emirati volunteers join aid workers and medical staff as part of the humanitarian effort bringing aid to more than two million Gazans.

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United Arab Emirates (UAE)
The latest news, analysis and opinion on United Arab Emirates (UAE). In-depth analysis, industry insights and expert opinion.
Capital
Abu Dhabi
Head of State
President Mohammed bin Zayed Al Nahyan
Head of Government
Prime Minister Mohammed bin Rashid Al Maktoum
last updated:
25 September, 2024
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