SEOUL, 8th February, 2026 (WAM) — Samsung Electronics is reportedly set to commence mass production of its next-generation high-bandwidth memory chips, known as HBM4, later this month. The company is expected to begin supplying the chips to Nvidia early next week for use in its advanced artificial intelligence processors under the “Vera Rubin” platform. Industry […]
HAINAN, 20th January, 2026 (WAM) – South China’s Hainan Free Trade Port (FTP), the world’s largest FTP by area, reported smooth and orderly operations during the first month of island-wide special customs operations, as latest data showed the number of newly registered foreign trade enterprises in Hainan has risen by 5,132, underscoring the strong growth […]
DUBAI, 31st December, 2025 (WAM) — The Ministry of Human Resources and Emiratisation (MoHRE) announced an increase in the minimum wage for Emiratis employed in the private sector to AED6,000 per month, effective 1st January 2026. This also allows establishments that employed Emiratis prior to the specified date to adjust their salaries to meet the […]
SEOUL, 14th December, 2025 (WAM) — South Korea will implement a new set of artificial intelligence (AI) regulations next month amid concerns among startups and other businesses that the comprehensive rules could stymie industry growth and burden smaller firms, industry sources said Sunday. The AI framework act is scheduled to take effect on Jan. 22, […]
DUBAI, 5th December, 2025 (WAM) — After 30 days of activities marked by national pride and community spirit, Brand Dubai, the creative arm of the Government of Dubai Media Office, has drawn the curtain on the second edition of the National Month celebrations. Launched under the directives of H.H. Sheikh Ahmed bin Mohammed bin Rashid […]
BEIJING, 20th November, 2025 (WAM) — China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3 percent on Thursday, unchanged for a sixth consecutive month in November. The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.5 percent, according to […]
SEOUL, 12th November, 2025 (WAM) — The Republic of Korea’s money supply increased for the sixth consecutive month in September, driven by an inflow of investment-related funds amid a strong domestic stock market, central bank data showed Wednesday. Preliminary data from the Bank of Korea (BOK) showed that the country’s M2, a key measure of […]
DUBAI, 9th November, 2025 (WAM) — Coinciding with the national celebrations, extending from UAE Flag Day to Eid Al Etihad, Brand Dubai, the creative arm of the Government of Dubai Media Office, has launched a new comprehensive guide in collaboration with government, semi-government, and private sector entities. The guide highlights a variety of national festivities […]
DUBAI, 29th September, 2025 (WAM) — H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council, today announced this year’s National Month campaign, an emirate-wide celebration of the UAE’s national occasions. To be held for the second consecutive year, from Flag Day on 3rd […]
ABU DHABI, 20th September, 2025 (WAM) – As part of Childhood Cancer Awareness Month, the Burjeel Cancer Institute (BCI) at Burjeel Medical City (BMC) in Abu Dhabi hosted a special community event that brought together young cancer patients, survivors, and their families. The gathering created an atmosphere of joy and optimism while underscoring Burjeel’s commitment […]
WASHINGTON, 2nd September, 2025 (WAM) – In response to a recent lawsuit filed by the parents of a teenager who died by suicide, OpenAI is introducing new safety measures for young users of its chatbot, ChatGPT. The company in a statement announced that within the next month, it will implement parental controls that can notify […]
TOKYO, 13th August, 2025 (WAM) — Japan’s annual wholesale inflation slowed for the fourth straight month in July, data showed on Wednesday, underscoring the central bank’s view that upward price pressure from raw material costs will dissipate. The corporate goods price index (CGPI), which measures the price companies charge each other for their goods and […]
