Trump’s whiplash on China leaves chip industry spinning

Trump administration efforts to secure high-tech jobs while piling pressure on China sparked hope then despair this week across the US chip industry, one of the country’s biggest export engines. Late Thursday, Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, said it will build a $12 billion plant in Arizona. The deal suggested US […]

COVID-19: Which UAE companies will weather the economic storm and bounce back soon

Dubai: Some companies saw the signs and symptoms of COVID-19, some did not and still others were in denial, but the UAE authorities anticipated the economic storm brewing and were quick to step in to regulate the relationship between employers and employees to protect their interests. According to a new survey, 50 per cent of […]

Kuwait saves $1b from cancelling all government trips

Abu Dhabi: Kuwait is counting a different sort of saving – an estimated $1 billion may have been saved by now after the government put a halt to all foreign trips after the COVID-19 pandemic struck  These include government sponsored missions and participation in overseas conferences and exhibitions, as well as spending on official functions, sponsorships and […]

UAE PASS will be the only digital identity needed to access Dubai Government services

Dubai: Smart Dubai has announced details regarding the recent decision issued by the Strategic Affairs Council – part of The Executive Council of Dubai – to mandate UAE PASS as the only digital identity to be used by citizens and residents to access government services in Dubai. Smart Dubai had put in motion an initiative […]