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Dubai / Emirates Business Meraas, a Dubai-based holding company, has announced that it will showcase its industry-defining maritime neighbourhood – Dubai Harbour during the 27th annual Dubai International Boat Show (DIBS) 2019. Set to the highest international standards, Dubai Harbour will be the first yachting community hub in the Middle East. Designed by leading architects with careful attention to detail, ...

ABU DHABI / WAM With the implementation of the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to embrace innovation as an institutional practice in nurturing a sustainable future for the upcoming generations, and utilise the UAE Government’s innovation tools which include innovation labs, and to mark ...

SHARM EL SHEIKH / WAM Egypt’s hosting of the Arab League-European Union, EU, Summit on Sunday in Sharm el-Sheikh underscores its pivotal role in international efforts to counter terrorism and realise peace in the Middle East region and as a facilitator for Arab-European dialogue on challenges facing the world, said HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member ...

Dubai / WAM The 11th meeting of the Dubai Free Zones Council,DFZ Council, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the DFZ Council, announced plans to develop a comprehensive geo-economic map of Dubai in line with the Fifty-Year Charter that aims to position Dubai as a leading destination for investment and business set-up. Sheikh Ahmed ...

Bloomberg Venezuelan security forces skirmished with protesters along the Colombian border in clashes over aid shipments between President Nicolas Maduro’s government and US-backed opponents trying to drive him out of power. National Guard soldiers on Saturday fired volleys of tear gas and plastic pellets at supporters of opposition leader Juan Guaido, who were trying to persuade them to defect and ...

Bloomberg The US and China will extend into the weekend the current round of trade talks as negotiations in Washington yielded progress on currency policy but stopped short of a breakthrough that would prevent higher American tariffs from kicking in next week. “Both parties want to make this a real deal, we want to make it a meaningful deal, not ...

Bloomberg Sony Corporation, once known for innovations like the Walkman, will begin to back entrepreneurs outside the company with money, marketing support and more as it seeks more breakthroughs. The Tokyo-based company said it would open up an internal accelerator program to external entrepreneurs, including a partnership with Tokyo University under which students can turn ideas into businesses. Depending on ...

Bloomberg Caterpillar Inc. trucks, Xerox Corp. machines and Samsonite International SA luggage are among US goods that would face retaliatory European Union tariffs should President Donald Trump follow through on a threat to impose automotive duties against the bloc, according to a senior EU official. The person commented on the condition of anonymity because the tit-for-tat list drawn up by ...

Bloomberg Amazon.com Inc. announced it will disclose its carbon footprint later this year, giving consumers and investors new insight into the environmental cost of its popular two-day shipping. The company also pledged in a blog post that half of its shipments would be “net zero” carbon—also known as carbon-neutral—by 2030. The world’s biggest e-commerce company has for years resisted pressure ...

Bloomberg A.P. Moller-Maersk A/S, the world’s biggest shipping line, forecast 2019 profit below analysts’ estimates and said trade disputes are dimming the outlook for world economic growth. Shares plunged. Maersk said that Ebitda, a measure of operating profit, will be around $4 billion for the year, compared with an average estimate of $4.77 billion in a Bloomberg survey of analysts. ...