Author: News Desk

Dubai is to host the inaugural Mena IPO Summit on Monday that will bring regional and international industry experts and issuers together, as initial public offerings pick up pace in UAE. The three-day summit and workshops will be held from January 23 to 25 at the Museum of the Future in Dubai, the Dubai Media Office said on Sunday. The event, jointly organised by the Dubai Financial Market (DFM) and the Dubai World Trade Centre (DWTC), will underpin the IPO growth in the emirate so far and prospects of Dubai driving further growth in public listings in the six-member economic bloc of GCC…

A new search of US President Joe Biden’s home in Wilmington, Delaware by the Justice Department has uncovered six more items, including documents with classification markings. Some of the classified documents and “surrounding materials” dated from Mr Biden’s tenure in the US Senate, where he represented Delaware from 1973 to 2009, according to his lawyer, Bob Bauer. Other documents were from his tenure as vice president in the Obama administration, from 2009 to 2017, Mr Bauer said on Saturday. Assistant US Attorney Joseph Fitzpatrick confirmed on Saturday that the FBI had executed “a planned, consensual search” of the president’s residence in Wilmington. The Department of…

India has blocked the airing of a BBC documentary that questioned Prime Minister Narendra Modi’s leadership during the 2002 Gujarat riots, including the sharing of clips on social media. The government has invoked emergency powers available under information technology rules, adviser Kanchan Gupta said on Twitter on Saturday. While the BBC has not aired the documentary in India, the video was available on some YouTube channels, Mr Gupta said. The government has ordered Twitter to block over 50 tweets with links to the documentary and YouTube to block any uploads, Mr Gupta said. Both platforms have complied, he added. Mr Modi…

Cairo : Member of the Representatives’ Council and member of the Arab Parliament (AP), MP Dr. Hesham Al Asheeri, has affirmed the keenness of the kingdom’s Representatives Council to support joint Arab parliamentary work in order to agree on a unified vision on issues of mutual interest to contribute to achieving the top interests of Arab countries and their peoples. MP Al-Asheeri was speaking after taking legal oath as AP member during the third meeting of the third session of AP’s third legislative term, held here today. He pledged to work with the representatives of Arab countries’ legislative authorities to…

Manama : Speaker Ahmed bin Salman Al Musallam stressed the significance of supporting the national sporting activities and achieving the desired goals under the comprehensive development march of His Majesty King Hamad bin Isa Al Khalifa. He also praised the efforts of the government led by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister in developing the youth and sport sector. He was speaking as he received Chairman of the Bahrain and International Federations of Sports for All, Head of the High Organizing Committee of Bahrain Sport Day, Isa Mohammed Abdulrahim, who presented to…

Manama, :  The University of Bahrain (UoB) College of Engineering hosted a graduation ceremony for a batch of 2976 graduates who completed their studies. This was part of the 24th UoB Graduation Ceremony, which was held under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. The batch 57 postgraduates, 810 Architecture and Interior Design graduates, 360 Electrical and Electronic Engineering graduates, 505 Chemical Engineering graduates, 720 Civil Engineering graduates, and 524 Mechanical Engineering graduates. Addressing the ceremony, College of Engineering Dean Dr. Shaikha Haifa bint Ibrahim Al Khalifa urged graduates…

LIMA : Dozens of Peruvians were injured after tensions flared again on Friday night as police clashed with protesters in anti-government demonstrations that are spreading across the country. In the capital Lima, police officers used tear gas to repel demonstrators throwing glass bottles and stones, as fires burned in the streets, local TV footage showed. In the country’s southern Puno region, some 1,500 protesters attacked a police station in the town of Ilave, Interior Minister Vicente Romero said in a statement to news media. A police station in Zepita, Puno, was also on fire, Romero said. Health authorities in Ilave…

Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. Twitter’s full-time headcount has reduced to about 1,300 active, working employees, including fewer than 550 full-time engineers by title. About 75 of the company’s 1,300 employees are on leave including about 40 engineers.

WASHINGTON : Amazon.com Inc’s (AMZN.O) cloud services division said Friday it plans to invest another $35 billion by 2040 to expand data centers in Virginia. Amazon Web Services (AWS) said the new investment will create 1,000 jobs. Virginia Republican Governor Glenn Youngkin said AWS will establish multiple data center campuses across Virginia. In 2021, AWS said from 2011 to 2020 it had invested $35 billion in data centers located in northern Virginia and had 3,500 full time employees at its data centers in the state. Pending approval by state lawmakers, Virginia is developing a new “Mega Data Center Incentive Program,” which would allow the…

Seoul : About 500 people were evacuated from homes Friday morning as a fire raged through the last remaining shanty village in Seoul and destroyed at least 60 homes. The blaze broke out at 6:27 a.m. in the fourth district of the Guryong village, located in Seoul’s posh area of Gangnam Ward, and was fully extinguished around 11:46 a.m. There was no immediate report of deaths or injuries, Shin Yong-ho, a fire official of Gangnam Fire Station, told,  adding the fire engulfed around 2,700 square meters of the fire-prone town. More than 900 firefighters, police officers and government officials were…