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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday received Roberto Azevedo, Director-General of the World Trade Organisation (WTO), who is participating at the World Government Summit (WGS 2018). During the meeting, Sheikh Mohammed and Azevedo discussed a number of topics related to global trade ...

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, has received Jean Lemierre, Chairman of the Board of Directors of BNP Paribas, a French international banking group, which recently opened a branch in the Abu Dhabi Global Market (ADGM). During the meeting, Sheikh ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, met Audrey Azoulay, Director-General of the United Nations Educational, Scientific and Cultural Organisation (UNESCO), on the sidelines of the WGS 2018. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai ...

Dubai / Emirates Business Seeking to redefine the value shopping space in the UAE retail arena, Al Ahli Holding Group announced a significant development in the Dubai Outlet Mall expansion on Tuesday. Dubai Outlet Mall secured an Islamic club financing facility worth AED 1.25 billion ($340 million) for the expansion and general corporate purposes. Dubai Outlet Mall is part of the ...

Bloomberg US forces killed scores of Russian contract soldiers in Syria last week in what may be the deadliest clash between citizens of the former foes since the Cold War, according to a US official and three Russians familiar with the matter. More than 200 mercenaries, mostly Russians fighting on behalf of Syrian leader Bashar al-Assad, died in a failed ...

Bloomberg Lotte Group’s efforts to sell its China stores have stalled as buyers aren’t sure they will be able to run the outlets normally after government allegations of fire safety infractions, a company executive said. South Korea’s largest department store operator, Lotte Shopping Co., has taken a sales hit in China over the past year after the group provided land ...

Bloomberg Millions of Chinese cram onto trains to make the annual pilgrimage home for the Lunar New Year holiday. It’s a crowded and often uncomfortable experience that is rapidly being transformed by the country’s push into the world of high-speed rail. China already has the globe’s longest bullet-train network, but it’s plowing 3.5 trillion yuan ($556 billion) into expanding its ...

Bloomberg US President Donald Trump proposed a $4.4 trillion federal budget for fiscal 2019, a plan Congress is expected to all but ignore that would slash entitlements and other domestic programs in favour of higher spending on the military and immigration enforcement. Trump’s $686 billion defense request for the coming fiscal year would propel the Navy towards a new goal ...

Bloomberg Amazon.com Inc. is cutting hundreds of jobs at its headquarters in Seattle, paring back older departments focused on selling goods online while hiring in newer lines of business like cloud computing and its Alexa platform. The reductions are part of a broader reorganisation at the company, but some see the moves as a shift towards using more robots and ...

Bloomberg EMagin Corp. Chief Financial Officer Jeffrey Lucas said that Apple Inc. didn’t invest in the augmented-reality display component maker, contradicting a listing in a regulatory filing mentioning the technology giant. An EMagin filing with the Securities and Exchange Commission listing Apple among “specified investors” was reported by TechCrunch, Bloomberg News and others. The document, from Jan. 23, proposed an ...