Blog List Layout

SHARJAH / WAM The representation of Emirati women among the national workforce in the banking sector of the UAE stands at 70 percent, among the highest of any sector in the country, according to Jamal Al Jasmi, General Manager of the Emirates Institute for Bankingand Financial Studies, EIBFS. Al Jasmi said the rise of the country’s women is a result ...

Abu Dhabi / WAM On the occasion of the Emirati Women’s Day, Masdar’s Executive Director of Sustainability and Brand, Dr Nawal Al Hosany has praised the role of the UAE’s esteemed leadership in placing an emphasis on the empowerment of women, inspired by the legacy of the late founding father, Sheikh Zayed bin Sultan Al Nahyan. “Since the establishment of ...

According to the Decree-Law, a supply of goods includes the transfer of ownership of the goods or the right to use them as an owner from one Person to another and an entry into a contract between two parties triggering the transfer of goods at a later time. A supply of service is any supply that is not considered a ...

ABU DHABI / WAM The UAE Research Programme for Rain Enhancement Science this week hosted a series of meetings with leading Finnish researchers working on climatology and meteorology, measurements and modelling. Reflecting its growing international status as a rain enhancement leader, the programme held meetings in Helsinki with experts and leading scientific institutions earlier this month. The programme team’s visit ...

­­­­­­­­­­­Bloomberg The UK’s opposition Labour Party wants Britain to stay in the European Union’s single market for an extended period after it leaves the bloc, a shift in its position that could undermine PM Theresa May’s efforts to deliver her vision of Brexit. The proposal, which would mean no additional customs or migration controls in March 2019, would allow more ...

Bloomberg Volkswagen AG operated a top-secret site at its sprawling headquarters to test the diesel technology at the heart of the emissions-cheating scandal, reflecting the lengths those involved went to conceal their actions, people familiar with the matter said. Some engineers used the research facility in Wolfsburg, Germany, to upload the software that manipulated regulatory emissions checks, one of the ...

Bloomberg India is intensifying a crackdown on Chinese technology companies with a government official saying security testing of China’s UC Browser is being done to see if it’s leaking data. Testing on the popular browser made by Alibaba Group Holding Ltd.’s UCWeb is under way and the government is awaiting a report before deciding on any action, Ajay Prakash Sawhney, ...

Bloomberg Chairman Koos Bekker countered criticism Naspers Ltd. relies too heavily on its $132 billion stake in Chinese media company Tencent Holdings Ltd. by reminding investors that they would have been a lot poorer if he’d given in to similar pressure to sell the holding years ago. “Five years ago there was also a lot of unhappiness,” Bekker told shareholders ...

Bloomberg HTC Corp., the beleaguered manufacturer that once ranked among the world’s top smartphone makers, is exploring options that could range from separating its virtual-reality business to a full sale of the company, according to people familiar with the matter. The Taiwanese firm is working with an adviser as it considers bringing in a strategic investor, selling its Vive virtual ...

BEIRUT / Reuters Proposed tighter US sanctions on Hezbollah have been altered enough to allay fears of major damage to Lebanon’s economy, a sign Washington is taking concerns about Lebanese stability seriously, banking and political sources said. But banking figures told Reuters Lebanese authorities should not be complacent as US President Donald Trump’s future stance on Iran and its allies ...