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Bloomberg India is examining the feasibility of setting up a regulatory authority to settle disputes related to e-commerce, a top government official said, amid a raging battle between big online retailers and mom-and-pop stores. The proposal being considered comes after small traders approached the government with allegations of predatory pricing and deep discounting by Amazon.com Inc and Walmart Inc. They ...

RIYADH / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Prince Mohammed bin Salman bin Abdul Aziz, Saudi Crown Prince, Deputy Prime Minister and Minister of Defence, on Tuesday attended the signing of the Riyadh Agreement between the Yemeni Government and the Southern Transitional ...

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, highlighted the UAE’s keenness to adopt the latest technologies and the Artificial Intelligence (AI), under the framework of its development approach and its ambitious vision. While participating in the launch of the EDGE advanced technology ...

Abu Dhabi / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has been briefed by representatives of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), on the Culture achievements to date and planned milestones of Abu Dhabi’s five-year Culture Sector Strategy. HH Sheikh Saif bin Zayed ...

Dubai / WAM Gitex Technology Week continues be a strong catalyst that accelerates the region’s growing global status as a pioneering market in technology adoption. The show’s growing contribution to Dubai’s economy is attested by the results published in the Gitex Technology Week Economic Impact Assessment 2019 Report issued on Tuesday by DWTC. With a significant AED1.6 billion in revenue ...

Ajman / Emirates Business Ajman Free Zone (AFZ) was a main sponsor of the fifth edition of the UAE-India Economic Forum held at the Waldorf Astoria, DIFC. Abdullah Ahmed Al Saleh, Undersecretary for Foreign Trade & Industry, Minister of Economy was guest of honour at the event. The well-attended event brought 500 delegates from India, the UAE and other key ...

Bloomberg India’s exit from RCEP regional trade talks appeared to leave China and Japan at odds over whether to press ahead with the remaining members, or to try to find a workaround that includes PM Narendra Modi’s government. India announced it was withdrawing from the China-backed Regional Comprehensive Economic Partnership (RCEP), citing the deal’s potential impact on the livelihoods of ...

Bloomberg Business travellers and tourists are avoiding New Delhi, as air pollution in India’s capital reached record levels, travel agents said. Booking inquiries for hotels and flights to New Delhi have slumped since the Hindu festival of Diwali on October 27, said Sharat Dhall, chief operating officer of the business-to-consumer segment at Yatra Online Inc. Bursting of firecrackers as part ...

Bloomberg Brexit may have sown chaos in UK politics, but at least one private equity firm is enthusiastic about the potential it creates for deals. “We see Brexit as a huge opportunity for deals and are getting very excited about investments in the UK,” said Dan Zilberman, head of Europe at Warburg Pincus. “However, a deal bonanza is contingent on ...

Bloomberg Producers of prominent children’s YouTube channels will appeal to the FTC to change its recent settlement with the video service and will circulate a new petition online urging certain changes. In September, the FTC (Federal Trade Commission) fined YouTube and its parent, Alphabet Inc’s Google, $170 million for violating privacy laws by tracking children online. With the settlement, YouTube ...