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Bloomberg The Chinese supplier of electric-vehicle batteries that’s planning a local factory with enough capacity to surpass the output of Tesla Inc. has set its sights further: Europe. Contemporary Amperex Technology Ltd. is close to picking one of three sites in the European Union for its first overseas plant, Chairman Zeng Yuqun said in an interview. The company is exploring ...

DUBAI / Emirates Business VisitBritain, the national tourism board for Britain, has partnered with Middle Eastern online travel platform tajawal on a joint marketing campaign targeting customers in the United Arab Emirates, Saudi Arabia and Kuwait market. The marketing campaign will feature a video series and is part of VisitBritain’s global campaign, “I Travel For…” which launched earlier this month, ...

Bloomberg North Korea is willing to give up its nuclear weapons if the safety of Kim Jong Un’s regime is guaranteed, South Korea said, boosting pressure on the US to agree to peace talks. Kim will meet South Korean President Moon Jae-in for a summit along their shared border at the end of April, the statement said, adding that North ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday visited Bluewaters Island, the new man-made island developed by Meraas off the coast of the Jumeirah Beach Residence opposite to The Beach. His Highness reviewed the progress of the AED 6 billion Bluewaters project, which includes residential, ...

Abu Dhabi / WAM Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, the eighth edition of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2018) opens on Tuesday at the Abu Dhabi National Exhibition Centre (ADNEC). Held under the theme ‘Because Homeland Security is Everyone’s ...

ABU DHABI / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, welcomed a high-level delegation from Albania at its headquarters. Headed by His Excellency Erion Veliaj, Mayor of Tirana, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explored potential areas of cooperation. His Excellency Ermal Dredha, ...

Sharjah / WAM The Sharjah Airport Authority (SAA), obtained ISO10002: 2014 for Customer Satisfaction, relating to the charter of customer service and complaint management system. This achievement reflects SAA’s keenness to raise the level of its customer’s satisfaction by dealing with their complaints as soon as possible. The ISO certificate was given to Sharjah Airport Authority’s Medical Centre, after completing ...

Bloomberg Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for writing software because self-driving cars require “millions and millions’’ of lines of computer code, according to James Kuffner, who’ll ...

Bloomberg Technology companies and service providers are questioning key parts of Hong Kong’s plan to allow dual-class shares, just as firms including Xiaomi Corp. and Tencent Music Entertainment Group are considering going public. Hong Kong Exchanges & Clearing Ltd. wants to change its rules so that company founders can stay in control after their firms list, but the proposals may ...

Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit that could value it between 26 billion euros ($32 billion) and 31 billion euros as Chief Executive Officer Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of a 15 percent stake in Siemens Healthineers is planned for March 16, the ...