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Sharjah Chamber, South Korea explore fostering economic ties

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the Consulate-General of the Republic of South Korea in Dubai means of enhancing economic cooperation and commercial relations between companies and investment institutions operating in Sharjah and South Korea. They also discussed ways of supporting partnerships, along with investment opportunities available in information technology, healthcare, tourism, ...

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UAE, Guinea discuss ways to enhance ties in police, security fields

ABU DHABI / WAM Alpha Condé, President of Guinea, has received Major General Dr Ahmed Nasser Al Raisi, Inspector General of the Ministry of the Interior (MoI), and his accompanying delegation. During the meeting, the sides discussed means to enhance relations between Guinea and the UAE in police and security fields. President Condé stressed the depth of the UAE-Guinea relations, ...

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Khalifa University becomes Global E3 Consortium member

ABU DHABI / WAM Khalifa University (KU) is now a member of the Global Engineering Education Exchange Program (Global E3 Consortium), a consortium-based exchange programme established in 1995 that provides undergraduate engineering students an opportunity to study in leading universities from around the world while being able to pay tuition at their home university. As a top ranked university in ...

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London becomes jobs hot spot as finance and consulting hire

Bloomberg London’s jobs market has sprung back to life, becoming a hot spot for the first time since the pandemic closed vast sections of the economy, two separate surveys showed. The Recruitment & Employment Confederation (REC) said London had six of the top 10 areas in the UK for new job postings in the week ending July 18. Consulting and ...

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Canada retail sales jumped in June with virus cases receding

Bloomberg Canadian retailers started to recover from the third major Covid-19 shutdown, which stunted shopping earlier this year. Receipts fall 2.1% in May, when many provinces had restrictions on businesses to combat the virus, Statistics Canada reported in Ottawa. But retailers bounced back in June with sales rising 4.4% as rules eased, a preliminary estimate from the agency shows. Even ...

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Spain is banking on Apple to invest in AI, video production

Bloomberg Prime Minister Pedro Sanchez said he’s expecting Apple Inc to ramp up investments in his country after meeting with Chief Executive Officer (CEO) Tim Cook at company’s headquarters. Wrapping up a three-day tour of the US on the West Coast, Sanchez said that Apple will be particularly interested in developing artificial intelligence, television production in Spain. “We expect to have ...

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GM sues Ford over hands-free tech name

Bloomberg General Motors Co is suing its competitor Ford Motor Co for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit. The automaker is taking action to protect Cruise and Super-Cruise brands after Ford in April renamed its Co-Pilot360 automated driving system as Blue Cruise, GM said in court documents. Talks to resolve issue had ...

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US, Mexico fail to resolve dispute on trade rules for cars

Bloomberg The US and Mexico failed to resolve a dispute over trade rules for cars during a meeting this week, threatening the goal of boosting regional manufacturing under their new trade pact. US Trade Representative Katherine Tai and Mexican Economy Minister Tatiana Clouthier discussed the topic in Washington but couldn’t reach a resolution, according to people familiar with the talks, ...

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UAE re-affirms commitment to eradicate polio in Pakistan

Islamabad / WAM The World Health Organisation (WHO), on behalf of the Polio Eradication Initiative, has announced on Saturday that the United Arab Emirates has made available a total of $23 million funding for polio campaigns and around $376000 for the procurement of frontline worker personal protective equipment for protection against Covid-19 in 84 highest-risk districts of Pakisan. This funding ...

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Oil ekes out weekly gain as demand offsets virus fears

Bloomberg Oil squeezed out its first weekly gain in three on signs that global demand is holding up despite concerns that the renewed spread of the virus could stall the recovery. Futures in New York rises 0.2% this week, completely recouping a selloff that was stoked by the rapidly spreading delta variant. Fuel demand and road traffic from the US ...

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