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World Government Summit opens in Dubai

DUBAI / WAM The seventh session of the World Government Summit kicked off on Sunday morning in Dubai with the participation of more than 4,000 people from 140 countries, including heads of state, ministers and officials who will gather to redefine the future of governments and unite efforts to shape the future of the world. The summit will include 600 ...

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UAE leaders attend WGS

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Sunday heads of states and governments, political leaders, and economic experts participating in ...

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Climate Change Forum highlights nexus between climate and health

Abu Dhabi / WAM The nexus between public health and climate is a topic that resonates strongly with the UAE, according to Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, who was speaking at the Climate Change Forum taking place at the World Government Summit being held in Dubai from February 10-12. Speaking at a ...

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Dawn of exciting new tech era is upon us: Google VP

Dubai / WAM Improved public and private partnerships for the holistic benefit of the technology sector are crucial for governments across the world, advised a panel of thought-leaders at the seventh World Government Summit (WGS 2019). The panel titled ‘The Future of Digital Policy’ was hosted in partnership with Google at WGS. Speakers at the panel included Dr Amr Talaat, Egyptian ...

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Two key pipeline shutdowns cause Canadian oil price to slip

Bloomberg Canadian crude weakened after two critical oil pipelines remained partially shut amid an investigation into a possible leak in Missouri. Heavy Western Canadian Select for March traded at $10.30 below the calendar average for West Texas Intermediate crude futures, compared with a $9.40 discount, according to data from Net Energy Exchange. Prices weakened as shutdowns of TransCanada Corp.’s Keystone ...

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US and China engage on trade negotiations again in Beijing

Bloomberg Investors will be hoping the US and China can put trade talks back on the road to a deal after President Donald Trump said he’s unlikely to meet President Xi Jinping before a March 1 deadline to avert higher American tariffs on Chinese goods. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are leading a group of administration ...

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Malaysian vessel, Greek carrier collide in Singapore waters

Bloomberg A Malaysian vessel and a Greek-registered bulk carrier collided in Singapore territorial waters off Tuas on Saturday, according to a statement from the Maritime and Port Authority of Singapore, which said it was “deeply concerned” by the intrusion. Malaysia’s Ministry of Foreign Affairs said that the Greek vessel and its crew have been detained, the Straits Times reported. The ...

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German coal exit could slow Fortum’s Uniper takeover plan

Bloomberg Europe’s push to scrap use of coal as a power generation fuel could make Fortum Oyj think twice before launching a bid for a full takeover of Uniper SE, one of the continent’s biggest burners of the dirtiest fossil fuel. Fortum, which owns a 49.99 percent stake in Uniper, said it had ended its long-running feud with the German ...

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Britain abandons $18mn deal with Seaborne Freight

Bloomberg The UK cancelled a 13.8 million pound ($18 million) contract with Seaborne Freight, a startup company that doesn’t own any ships, to deliver backup ferry service in the event of a no-deal Brexit. Lawmakers had criticized the contract award. The deal was scrapped when “it became clear Seaborne would not reach its contractual requirements with the government,” the Department ...

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Amazon reconsiders New York expansion plans

Bloomberg Amazon.com Inc managers have weighed alternatives to locating a corporate campus in New York City after local officials opposed the plan, according to people with knowledge of the matter. Some people involved in the planning for Amazon’s East Coast expansion have discussed whether to pare back the New York plans, said the people, who asked not to be identified ...

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