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Sharjah Ruler signs contract to establish new botanical garden

LONDON / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, signed a contract to establish the first phase of a new botanical garden in Sharjah. The signing ceremony was held in the British capital, London, in the presence of officials. Located adjacent to Sharjah New Mosque at the Sharjah – Kalba ...

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Dewa gets accreditation for network services billing

Dubai / WAM Dubai Electricity and Water Authority (Dewa), has been accredited the ISO 14452:2012 by SGS Gulf Ltd, a leading global company in international auditing, testing, verification and accreditation. The accreditation was given to Dewa upon a comprehensive elaborate auditing for billing services and processes. The achievement supports Dewa’s leadership in adopting the highest international standards and best practices, ...

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UAE, China have a common vision on social, economic development

Abu Dhabi / WAM The UAE leadership’s vision and its constructive policy are always yielding positive and practical results that entrench the country’s prominent stature and its credible assets as an active international player focussing on future forecasting and long-term balanced planning to deliver social, economic, scientific and cultural development to ensure a safe and prosperous future for generations, stated ...

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Prosperous years ahead for UAE economy, says Dubai Chamber

Dubai / Emirates Business A new report from Dubai Chamber of Commerce and Industry (Dubai Chamber) has predicted prosperous years ahead for the UAE economy. The recently issued outlook document cites several factors to support these projections, chief among them being the emirate’s solid and diversified economy, which has softened the effects of both lower oil prices and weakened global ...

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Adnoc to train 120 students at UAE’s oil and gas facilities

Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), on Saturday announced that an additional 120 students from the Adnoc Technical Academy (ATA), have started structured on-the-job training programmes at Adnoc facilities in the UAE. The students, the third group for this academic year, are among the 300 who have progressed to on-the-job training, to enhance their skills, ...

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Abu Dhabi showcases new offerings in UK roadshow

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has concluded its annual roadshow to the UK, following successful events held at Abode Chester and The Bulgari Hotel in London. The roadshow, co-sponsored by Etihad Airways and Yas Experiences, gave 120 agents, tour operator reservation staff and product managers the opportunity to learn ...

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Toyota may halt US imports of some models on Trump’s tariffs

Bloomberg Toyota Motor Corp. may stop importing some models into the US if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analysing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, ...

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Tata Motors talks on engineering unit stake sale

Bloomberg Tata Motors, owner of Jaguar Land Rover, has restarted talks on the sale of a stake in its engineering unit just months after a deal with Warburg Pincus was called off, people with knowledge of the matter said. The carmaker has started preliminary discussions with a private equity firm that expressed interest in buying a stake in Singapore-headquartered Tata ...

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SoftBank fund seeks to invest in China AI giant

Bloomberg SoftBank Vision Fund is seeking to invest almost $1 billion in China’s SenseTime Group Ltd. as it seeks a stake in the world’s most valuable artificial intelligence (AI) startup, people familiar with the matter said. The fund, created by SoftBank Group Corp., and SenseTime are still finalising terms of the deal and the details could still change, the people ...

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Malaysia’s minister cuts growth projection to 5%

Bloomberg Malaysian Finance Minister Lim Guan Eng pared back expectations for economic growth for this year to about 5 percent as the export-reliant nation braces for knock-on effects of a brewing trade war. “If the global economy slows, as a trading nation, definitely Malaysia will be impacted,” Lim said in an interview with Bloomberg Television. His forecast is more bearish ...

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