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Abu Dhabi / WAM The UAE and Kazakhstan have maintained exemplary relations and cooperation in many respects, said President Kassym-Jomart Tokayev of Kazakhstan. President Tokayev made the remarks during a keynote speech at the UAE-Kazakhstan business meeting in Abu Dhabi, which was organised by the Abu Dhabi Chamber of Commerce and Industry, in collaboration with the Federation of UAE Chambers ...

ABU DHABI / WAM The Zayed Higher Organisation for People of Determination (ZHO) organised a series of recreational trips for the members of its care and rehabilitation centres in the Emirate of Abu Dhabi, as part of its rehabilitation programmes to enhance and develop the cognitive, social and behavioural skills of students, and allow them to develop and apply these ...

Bloomberg Apple Inc’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths. Virtually all of the world’s iPhones are made in China, primarily by Foxconn’s Hon Hai Precision Industry Co at its so-called iPhone City in ...

Bloomberg Canadian prime minister Justin Trudeau is losing support for a plan to expand the Trans Mountain oil pipeline, raising the stakes for his government as the project navigates continued legal challenges. About 37% of Canadians oppose the government-owned project, up from 31% in June, according to a poll published on Tuesday by the Angus Reid Institute. Backing for the ...

Bloomberg President Donald Trump announced what he called a detailed plan for Middle East peace that provides a “win-win” solution to make Israel and the region safer, skirting complaints that Palestinians have already rejected the proposal and didn’t take part in drafting the plan. Trump said on Tuesday his plan presents a “contiguous” territory for a Palestinian state once conditions ...

Bloomberg Governments, companies and international health organisations rushed to contain a Sars-like coronavirus that has claimed more than 100 lives, with Hong Kong the latest to announce travel restrictions on people moving in and out of the mainland. Hong Kong will close some border checkpoints and restrict flights and train services from the mainland, Chief Executive Carrie Lam said on ...

Bloomberg Indonesian authorities are weighing the induction of a strategic investor into a unit of the nation’s oldest insurer that’s on the brink of collapse after alleged fund mismanagement left a $2 billion hole in its books. PT Asuransi Jiwasraya has submitted a restructuring proposal to the Financial Services Authority (FSA) that includes the stake sale in unit PT Jiwasraya ...

Bloomberg Singapore introduced new payments legislation that offers global cryptocurrency firms a chance to expand their operations in the country by applying for operating licenses for the first time. The Payment Services Act, which comes into force Tuesday, is the first comprehensive regulation for companies handling activities ranging from digital payments to trading of tokens such as Bitcoin and Ether. ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, held talks with Kassym-Jomart Tokayev, President of the Republic of Kazakhstan at the Al Watan Palace in Abu Dhabi, where they addressed bilateral ties and ways to strengthen them. They also discussed the developments ...

Abu Dhabi / WAM Abu Dhabi Commercial Bank (ADCB) on Monday reported its full year financial results for 2019, announcing a net profit of AED5.244 billion with double-digit annualised return on tangible equity of 11.2%. The Board of Directors has recommended a cash dividend of AED0.38 per share, translating to a pay out of AED2.644 billion, equivalent to 50% of ...