ABU DHABI / WAM The United Arab Emirates and the United States of America on Wednesday reaffirmed their shared commitment to a strong bilateral relationship. The commitment was made during the UAE-US Strategic Energy Dialogue held at the UAE’s Ministry of Energy in Abu Dhabi. Confirming the agreement, Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE Minister of Energy ...
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flydubai announces new destinations in Europe
DUBAI / WAM Dubai-based carrier flydubai, announced on Wednesday the launch of two new European routes for next year with flights to Krakow starting April 8, 2018, and flights to Catania beginning June 13, 2018. flydubai is the first UAE carrier to operate direct weekly flights to these destinations. With the launch of these new European routes, flydubai’s network grows ...
Read More »Dubai Municipality re-examines 4,700 local food product labels
DUBAI / WAM Dubai Municipality’s Food Safety Department reevaluated the food labels of 4,700 local food products to ensure compliance with approved food specifications. A team from the Food Registration and Evaluation Unit of the Food Studies and Systems Section at the department conducted visits to local food factories, as well as commercial complexes and supermarkets in the Emirate of ...
Read More »Al Jalila Foundation awards AED6mn for biomedical research
DUBAI / WAM Al Jalila Foundation, a global philanthropic organisation dedicated to transforming lives through medical education and research, announced on Wednesday that it has awarded AED6 million in seed grants to 21 UAE-based medical researchers bringing the total investment to date to AED20 million for 76 research projects. The seed grants focus on research in the field of cancer, ...
Read More »Abu Dhabi Food Festival kicks off
ABU DHABI / WAM The Abu Dhabi Food Festival kicks off on Thursday with gastronomic activations and experiences as well as live demos across the emirate until December 23. Spread over 17 days and taking in three weekends, the festival will cook up a storm and bring food-lovers, families and friends together to enjoy cuisine from some of the best ...
Read More »US ready for talks if N Korea halts further nuclear tests
Bloomberg The US would be ready to talk with North Korea if it renounced further nuclear or missile tests and followed through on the pledge, US Ambassador to China Terry Branstad said. “If they announce that they’re not going to be doing any more nuclear tests and they’re not going to be launching any more missiles,†Branstad told Bloomberg Television ...
Read More »WeWork takes on ‘UK property’ despite Brexit
Bloomberg A seven-year-old US startup is set to become the biggest private tenant in London just as the UK’s economic outlook worsens. Three years after entering the British capital, WeWork Cos. has signed leases that will make it the city’s No 1 private-sector user of office space, according to data compiled by CoStar Group Inc. for Bloomberg. The rapid growth ...
Read More »Telecom Italia seeks investment-grade status
Bloomberg Telecom Italia SpA Chief Executive Officer Amos Genish expects to restore the credit rating of Italy’s former phone monopoly to investment grade next year, potentially opening up a cheaper source of financing and a wider pool of investors. Genish plans to demonstrate progress in 2018 on Telecom Italia’s goal of lowering debt to 2.7 times its earnings before interest, ...
Read More »UK takes steps to improve productivity
Bloomberg Britain announced plans to generate savings of as much as 15 billion pounds ($20 billion) a year by improving productivity in sectors such as construction and transport. New programmes to increase efficiency were published alongside the government’s 600 billion-pound infrastructure pipeline, which sets out a series of publicly and privately funded projects over the next 10 years, the Treasury ...
Read More »China blow to recycling boosts $185 billion US plastic bet
Bloomberg China is upending the global plastics market. The world’s biggest user of scrap has stopped accepting shiploads of other countries’ plastic trash as it phases in a new ban. That’s bad news for the recycling industry, as China has been a major consumer of salvaged materials it processes into resin that ends up in pipe, carpets, bottles and other ...
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