ABU DHABI / WAM ION, the UAE-based sustainable transport company, which was announced in 2018 as a joint venture between Bee’ah and Crescent Enterprises, has now set up operations in Abu Dhabi, Dubai and Sharjah. The first ever green mobility solutions provider of its kind in the region was officially inaugurated during a ceremony attended by Badr Jafar, CEO of ...

ABU DHABI / WAM Abu Dhabi Development Holding Company (ADDHC), issued a resolution to restructure the board of Abu Dhabi National Exhibitions Company (Adnec). The new board is chaired by Saif Saeed Ahmed Ghobash and includes the following members: Hamad Hareb Al Muhairi, Deputy Chair; Humaid Matar Al Dhaheri, Managing Director; and both Majed Sultan Al Mail and Kevin Murphy ...

Dubai / Emirates Business Dubai Future Academy (DFAc), a Dubai Future Foundation initiative, announced the launch of 10 new training programs aimed at developing the skills of professionals, the youth and promising talents in all fields, and empowering them with tools for the future and prepare them to adapt with the changes in the future of various economic, technological and ...

DUBAI / WAM The UAE Ministry of Defence has signed a Memorandum of Understanding (MoU), with the US Defense Technology Security Administration (DTSA), to enhance cooperation between the two countries. Signed in the presence of Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, on the sidelines of the now-running Dubai Air Show, the MoU addresses security risks ...

DUBAI / WAM Forty-nine artists began their mission to design the UAE Nation Brand logo that will represent the country and share its success story with the world, with the logo aimed at reflecting the UAE’s values and showcasing its journey towards emerging as a global model for hope, ambitions, openness and possibilities. The workshop is in response to the ...

Bloomberg Shares of Vodafone Idea Ltd and rival Bharti Airtel Ltd rallied after the wireless carriers said they planned to raise tariffs starting next month, the first increase since the entry of billionaire Mukesh Ambani into India’s telecommunications market in 2016 triggered a price war. Vodafone Idea surged as much as 30% in Mumbai, while Bharti Airtel rallied as much ...

Bloomberg Flight disruptions, fewer tourists, lost work hours and missed school days have come to portray India’s struggles with toxic air quality in its capital city, and the intangible costs may be adding up for an economy grappling with a sharp slowdown. India’s losses from air pollution increased more than four times to $560 billion between 1990 and 2013, according ...

Bloomberg A US chipmaker’s attempt to acquire a peer with a valuable Chinese affiliate has spurred concern in Beijing, as tensions between the world’s two biggest economies threaten to disrupt the global tech supply chain. China’s antitrust regulator is closely monitoring Diodes Inc’s proposed $428 million takeover of Taiwan’s Lite-On Semiconductor Corp, responding to complaints a deal will deliver the ...

Bloomberg Olympus Corp is considering job cuts as the medical device and camera maker pushes forward with plans to almost double operating margin in the medium term, Chief Executive Officer Yasuo Takeuchi said. “The issue of personnel will naturally need to be addressed,” Takeuchi, who was promoted from chief financial officer in April, told reporters in Tokyo . “It’s a ...

Bloomberg A year after his arrest, Carlos Ghosn‘s strategy to exonerate himself from allegations of fraud and financial wrongdoing is becoming clearer: it’s all a conspiracy. Out on bail, the former chairman and chief executive officer of the global alliance between Nissan Motor Co, Renault SA and Mitsubishi Motors Corp intends to show that prosecutors, the trade ministry and the ...