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Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Serdar Berdimuhamedow of Turkmenistan on Monday discussed the deep-rooted ties between the two nations and explored opportunities for boosting collaboration. His Highness Sheikh Mohamed received President Berdimuhamedow at Qasr Al Watan in Abu Dhabi and expressed his wishes that their meeting would accelerate joint cooperation ...

Abu Dhabi / WAM Masdar Green Reit, the UAE’s first Real Estate Investment Trust to invest solely in sustainable real estate assets, has concluded the acquisition of property worth AED934 million ($254.28 million), taking its portfolio value to AED1.91 billion, with further assets identified for potential future investments. The announcement, made by the fund’s manager Masdar Capital Management Limited (MCML) ...

  Sharjah / WAM Khalid Jasim Al Midfa, Chairman of the Sharjah National Day Celebrations Committee, said that the emirate is preparing to celebrate the annual National Day, which will include UAE citizens, residents and visitors. On the occasion, he congratulated President His Highness Sheikh Mohamed bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

Bloomberg Taiwan Semiconductor Manufacturing Co. founder Morris Chang said the congratulations he offered Chinese President Xi Jinping about the congress that his ruling Communist Party recently held were his own “personal” view. “Taiwan’s Presidential Office told me beforehand that if there was an opportunity, there was no need to avoid meeting or greeting him,” Chang said Monday at a press ...

  Bloomberg A revival in tourism helped Thailand expand at the fastest pace in more than a year last quarter, even as finer details of the economic data support the case for the central bank to go slow on monetary policy tightening. Gross domestic product rose 4.5% in July-September from a year ago, the National Economic and Social Development Council ...

Bloomberg Prime Planet Energy & Solutions Inc., the battery joint venture of Toyota Motor Corp. and Panasonic Holdings Corp., is searching for a new domestic manufacturing site with sea port and clean energy access as it expands to keep up with consumer demand for electric vehicles, President Hiroaki Koda said in an interview in Tokyo. The company, which formally started ...

  Bloomberg GoTo Group reported a narrower third-quarter loss, helped by cost cuts at the Indonesian ride-hailing and e-commerce giant. The adjusted loss before interest, taxes, depreciation and amortization shrank to 3.7 trillion rupiah ($235 million) from 4.2 trillion rupiah a year earlier, the Jakarta-based company said Monday. Net revenue, which strips out incentives to driver and merchant partners and ...

  Abu Dhabi / Gulf Time AD Ports group and Transmar International Shipping Company (Transmar) have launched a new container shipping service that will link Karachi, Pakistan’s busiest port, with the major maritime economies of the Middle East and East Africa. The new route will contribute to AD Ports Group’s strategic objectives of increasing regional and global connectivity. The new ...

  Bloomberg India is set to become a $30 trillion economy by 2050 — a nearly 10-fold jump from its current size — driven by rising consumption and social and economic reforms, according to Asia’s richest man Gautam Adani. The nation’s gross domestic product may start expanding by $1 trillion every 12 to 18 months within the next decade, increasing ...

  Dubai / WAM Dubai Future Academy, the capacity building arm of the Dubai Future Foundation (DFF), announced on Sunday the launch of three new digital courses to help promote future thinking techniques through a world-class educational experience. This falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of ...