S&P Global UAE Purchasing Managers’ Index for October rises to 54.1
economy8 hours ago
The 2022 Asian Games in China will go ahead, the Olympic Council of Malaysia said on Saturday, denying claims that it was facing the possibility of being postponed.
The Olympic-sized event is scheduled to be held in September in Hangzhou, a major metropolitan area less than 200 kilometres (124 miles) southwest of Shanghai.
Shanghai is currently grappling with a major coronavirus emergency, with its roughly 25 million residents currently in a weeks-long lockdown as authorities try to curb an Omicron-fuelled wave.
An official working with governing body the Olympic Council of Asia, who did not want to be named, had told AFP Thursday that no decision had been made but there was a possibility of postponement.
However, Olympic Council of Malaysia president Norza Zakaria disputed that.
“The Asian Games 2022 in China is going ahead,” he told AFP Saturday. “We have checked with OCA (the Olympic Council of Asia) and the organising committee.”
Most international sports events have been on hold in China since the Covid-19 pandemic, although Beijing hosted the Winter Olympics in a strict bio-bubble in February.
Right after the Olympics ended, Shanghai — China’s biggest city — witnessed the country’s worst Covid outbreak in two years, and its residents have largely been confined to their homes since early April.
All 56 competition venues for the Games in Hangzhou have already been completed, Chinese organisers said this month, promising to publish a virus control plan that takes its cue from the Winter Olympics.
Hangzhou is scheduled to hold the Games from September 10-25, becoming the third Chinese host after Beijing in 1990 and Guangzhou in 2010.
S&P Global UAE Purchasing Managers’ Index for October rises to 54.1
economy8 hours ago
While the UAE introduced a 9 per cent corporate income tax in 2023, Oman has proposed to levy income tax on the rich
business8 hours ago
In June, Vedas Marketing challenged the conclusions in the authority's decision by referring it to the Financial Markets Tribunal
business8 hours ago
Lender posts strong growth in total income by 17% year on year to Dh17 billion
finance8 hours ago
As the former CEO and Vice-President of Dubai Duty Free his influence on sport extended across global golf communities
sports8 hours ago
The country confirmed it is standing in solidarity with Egypt in this 'painful tragedy'
uae8 hours ago
Let's explore the popular chef's Michelin-starred journey, insights on Spanish cuisine, and a heartfelt love for tomatoes in every dish
food8 hours ago
Mohammad Samara and Khaled Al Shaer, along with 5 other innovators, are leading a broader push for eco-friendly craftsmanship at this year's Dubai Design Week
lifestyle8 hours ago