Author: dailyguardian.ae
In 2023, Emirates Development Bank EDB’s contribution to the UAE’s industrial GDP surged by 80 per cent, reaching Dh4.3 billion from Dh2.4 billion on 2022 and bringing the total loans financed by the Bank to Dh8.7 billion since the launch of its strategy in 2021, a senior official said. EDB also created more than 17,000 jobs — growth that demonstrates EDB’s critical role in the industrial sector and its dedication to fostering sustainable economic practices and employment opportunities, Shaker Zainal, Chief Business Officer at EDB, said at the third Investopia Summit in Abu Dhabi. Zainal highlighted that EDB, being the…
Apple made a big change with the iPhone 14, moving to an eSIM-only configuration that makes it impossible to use your current phone’s SIM card. That continues with the iPhone 15, with no physical SIM card slot available on the new lineup. However, all is not lost, as there are a few simple ways to transfer your SIM from an Android phone to an iPhone 15. The easiest way to get your SIM from Android to iPhone 15 is by going through one of the major carriers, such as AT&T and Verizon. This works in a few different ways, but…
For Mohammed AbuNael, a resident of Sharjah working as a marketing executive in Dubai, the surge in fuel prices may hinder his monthly budget. In February, he spent Dh800 on fuel, and he believes that his fuel spending is set to increase by nearly 20 per cent in March. With plans for increased travel this month, AbuNael anticipates his fuel expenses to exceed Dh1,000. “As Ramadan is approaching, I have many meetings lined up in in different cities across UAE and my physical presence is required,” said AbuNael, working at Jasani group, a promotional giveaways company. The UAE has announced…
Adnoc has formally closed the acquisition of a 24.9 per cent shareholding in OMV AG (OMV), a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company (Mubadala). The transaction accelerates delivery of Adnoc’s global chemicals growth strategy, and reinforces its status as a responsible, long-term partner and growth-oriented investor. Financial details were not disclosed. Following the successful completion of the transaction, Adnoc owns 24.9 per cent of OMV, while Österreichische Beteiligungs AG (ÖBAG), an Austrian independent holding company, holds 31.5 per cent, with the remaining share capital in free float. Through this strategic investment…
One goal unites most parents: the need to empower their child; to see them grow, to see them thrive and be the best they can be. One group of parents is going the extra mile to achieve that dream. The group P2P (Parent to Professional) is made up of parents of Children of Determination. “We are parents of individuals with special needs and we’ve studied and [most of us] are also working in the same field — special education needs (SEN),” explains Sujatha Anandram, who has a child on the autism spectrum. “My vision in P2P is to utilise the…
Survival is key in Fortnite, and it all starts by picking the best starting location. Even if you’re an expert player, your likelihood of coming out on top is greatly diminished if you start off on the wrong foot — whether it be at a barren location with no loot or a hot drop that could lead to a swift death. As part of Fortnite chapter 5, season 1, there’s no shortage of fantastic landing spots, but which one is best comes down to your skill and preference. With that in mind, here are the best places to land in…
The crowd flocked to the aid distribution point early on Thursday, desperate for food amid Gaza’s looming famine, only to be met with lethal chaos including live fire by Israeli troops. By mid-afternoon more than 100 people were reported dead in the grisly incident which underscored worsening shortages in the besieged Palestinian territory. All told, Thursday’s “massacre” at Gaza City’s Nabulsi roundabout killed 104 people and wounded 760, said Ashraf Al Qudra, spokesman for Hamas-run Gaza’s health ministry. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Just hours earlier the Palestinian death toll from the…
The US central bank’s favoured measure of inflation edged lower on an annual basis in January, government data showed Thursday, but a metric stripping out volatile food and energy prices jumped month-over-month. The new data highlights the challenges facing the Federal Reserve, which has recently poured cold water on the prospects of early rate cuts amid a strong economy, low unemployment and inflation that remains above its long-term target of two per cent. The personal consumption expenditures (PCE) price index rose at an annual rate of 2.4 per cent in January, down 0.2 percentage points from December, the Department of…
Wasim Akram had to simultaneously fight two battles to become successful in international cricket. The first, of course, was his duels with the greatest batsmen of his time, the majority of which he won with his bewitching skills as a left-arm fast bowler. The other battle demanded a lot of sacrifice and discipline from him. He won that one too convincingly by keeping his diabetes level in control as he delivered — with a very short run-up for a genuine fast bowler —master classes in the art of swing bowling across the world. The only non-debatable choice apart from the…
With the absolute bliss and gift of life that a newborn brings, imagine that we have an opportunity, right then, to safeguard her/his precious life with a potentially lifesaving resource that can be extended even to their siblings and other family members. The umbilical cord that connects an expectant mother to her in-utero baby, which was once considered medical waste upon birth, is now proving to be a life-saving resource. What makes the blood left over in the umbilical cord and placenta after a baby is born so precious is that it contains blood stem cells — cells that can…