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Abu Dhabi / WAM The UAE is first in the region and is ranked third globally, after China and India, for a fourth consecutive year, staying atop the Compatibility and Connectedness sub-indices in the Agility Emerging Markets Logistics Index. The country is also attributed the number one position for Quality of Infrastructure. The Compatibility sub-index is effectively a measure of ...

DUBAI / Emirates Business Dubai Business Women Council (DBWC) has marked the ‘Year of Zayed’ with the launch of a mentorship programme designed to honour the pioneering vision of Sheikh Zayed bin Sultan Al Nahyan, the Founding Father in the UAE, and facilitate the full participation of women across socio-economic life. As the UAE’s leading platform for the personal and ...

Bloomberg China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles. One of BAIC Group’s publicly traded affiliates, Chengdu Qian Feng Electronics Co., will buy Beijing Electric Vehicle Co., also ...

Bloomberg Singapore should remain open to adjusting levels of foreign workers while not threatening job and wage opportunities for native residents, Monetary Authority of Singapore Managing Director Ravi Menon said. “It is not about how many foreign workers industry wants or society can afford to have, but what number and kind of foreign workers we need to maximise the job ...

Bloomberg Sanofi SA agreed to buy Bioverativ Inc., a spinoff from biotech giant Biogen Inc., for about $11.6 billion in a bid by France’s biggest drugmaker to gain treatments for rare blood disorders. The deal values haemophilia drugmaker Bioverativ at $105 a share, according to a statement from Sanofi. Sanofi shares fell 2.6 percent to 71.05 euros at 9:18 am ...

Bloomberg For the modern foreign-exchange trader, it’s now possible to find a date, hail a cab and trade $100 million—all through their mobile phone. The world’s biggest financial market is embracing the iPhone era as investors find new ways to work when they’re not on the trading floor. In a JPMorgan Chase & Co. survey of more than 400 institutional ...

Bloomberg UK Prime Minister Theresa May set out a plan to defend capitalism from capitalists, after the collapse last week of construction company Carillion Plc put at risk public-sector projects from roads to hospitals. In an article for the Observer newspaper, May pledged new rules to deal with executives “who try to line their own pockets by putting their workers’ ...

Bloomberg With the Trump administration warning of a possible war with North Korea, US allies in Asia are sounding the alarm on another risk: a clash with China in the western Pacific. China has recently accelerated air and naval excursions in sensitive areas near Japan and Taiwan, part of a longstanding quest to expand its military presence further from its ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday David Beasley, Executive Director of the Rome-based World Food Programme (WFP). The WFP is holding its annual meeting of its Executive Board in Dubai for the first time out of Rome. His Highness Sheikh Mohammed bin ...

Dubai / Emirates Business Taking place until January 23, the three-day event features 1,337 exhibitors from 59 countries, covering 60,000sqm of space at the Dubai International Convention and Exhibition Centre (DICEC), a five percent increase over the previous year. More than 5,000 brands are on show across seven focus areas of Commercial Security, Fire & Rescue, Safety & Health, Homeland ...