Abu Dhabi / WAM Khalifa Fund for Enterprise Development signed a Memorandum of Understanding (MoU), with Majid Al Futtaim Hypermarkets as part of its efforts to support Khalifa Fund members and promote their entrepreneurship. The MoU aims to establish joint collaboration to create an appropriate business environment for the supply of fresh food, grocery, light household, textile and electronic products ...

Jeddah / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), has emphasised that the UAE, in implementation of the directives of the wise leadership and its effective role within the Saudi-led Arab Coalition, continues to support the Yemeni people through carrying out a huge humanitarian operation to provide aid ...

Jeddah / WAM The Ministers of Media of the Member States of the Coalition for Supporting Legitimacy in Yemen held a meeting at the Conference Palace here on Saturday to discuss ways of aligning media efforts and providing support for the Coalition countries. The Saudi Minister of Media Dr. Awwad bin Saleh Al-Awwad said that the meeting comes in continuation ...

Jeddah / WAM The Yemeni Minister of Information, Muammar al-Aryani, called for preparing a joint Arab media strategy to confront Iran’s sectarian schemes in the region and empower Yemeni media organisations to combat sectarianism, terrorism and extremism. “The Saudi-led Arab Coalition is supporting Yemen in its battle to end the Houthi coup, restore the state and rebuild the country,” al-Aryani ...

HODEIDAH / WAM Emirati humanitarian aid convoys, containing 100 trucks loaded with tens of thousands of food and medical items, arrived on Saturday in Mocha, south of Taiz Governorate. The assistance is presented by the UAE through the Emirates Red Crescent (ERC), the top humanitarian arm of the country, to provide relief for 1.7 million Yemenis in Hodeidah and surrounding areas. ...

Dubai / WAM The Roads and Transport Authority (RTA), in Dubai, announced the completion of 85 percent of works in the 7th Interchange on the Sheikh Zayed Road (SZR), Project, and the Al Yalayes Road Improvement Project, and that both projects would be opened on September 15. “The two projects will enhance the link between the Sheikh Zayed Road and ...

Abu Dhabi / Emirates Business Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing facility wholly owned by Mubadala Investment Company, has successfully completed the industrialization of the Airbus A350-900 elongated Flap Support Fairings (eFSFs) modification for Belgian aerospace company, Sociétés Anonyme Belge de Constructions Aéronautiques (SABCA). The new eFSFs are designed to further optimize the aerodynamics, resulting in lower ...

Abu Dhabi / Emirates Business Abu Dhabi University (ADU), an internationally recognized academic institution for quality education and applied research, scored third globally in the Quacquarelli Symonds’ (QS) World University Rankings 2019 on the international faculty indicator. The university scored a progress of 50 ranks compared with last year’s results, marking its way in the 701 – 750 performance rank. ...

Bloomberg Internet giant Meituan Dianping has filed for an initial public offering in Hong Kong, becoming the latest Chinese technology juggernaut to throw a multi-billion-dollar coming-out party in the former British colony this year, according a person familiar with its filing documents. The food delivery and restaurant reviews service submitted documents for a share listing late on June 22, the ...

Bloomberg Terry Gou, the billionaire chairman of Apple Inc.’s main iPhone assembler, said the biggest challenge facing his Foxconn Technology Group is a trade war between the US and China. Foxconn has a number of response plans to a trade war, Gou said, without elaborating, at the annual shareholder meeting of Hon Hai Precision Industry Co., his main listed unit. ...