News

ABU DHABI / WAM Etihad Rail, the developer and operator of the UAE’s national railway, has launched a new training and employment programme, as part of the company’s continuous commitment to support Emiratisation. Etihad Rail is a positive contributor to the UAE government’s initiative to employ its citizens in a meaningful and efficient manner in both the public and private ...

ABU DHABI / Emirates Business In line with the UAE Vision 2021, which aims to achieve a sustainable environment, Provis Estate Management has successfully implemented a series of sustainability and energy savings initiatives that resulted in the reduction of 6,692 tons of CO2 emissions across 10 communities under its portfolio. Water, chilled water and electricity consumption were reduced by 5% ...

Sharjah / WAM As part of the keenness of the Sharjah Police to communicate and cooperate with all bodies and institutions in Sharjah, Colonel Dr. Ali Abu Al Zoud, Deputy Director-General of Central Operations of Sharjah Police, has chaired a coordination meeting with the Sharjah Department of Civil Aviation (SDCA), at the Sharjah Police headquarters, in the presence of several ...

DUBAI / WAM Strengthening Dubai’s position as the leading “cruise hub of the region”, the emirate welcomed six international cruise liners through the Mina Rashid cruise terminal. The terminal dealt with over 60,000 cruise passengers, as they handled all the processes for the smooth arrival of TUI Cruises’ Mein Schiff 5, Pullmantur Cruises’ Horizon, MSC Cruises’ MSC Lirica, Jalesh Cruises’ ...

Bloomberg Japan is expected to speak with Lebanon through diplomatic channels about Carlos Ghosn fleeing Tokyo for the Middle East country, according to a senior Japanese government official. The comment on Wednesday would mark some of the earliest indications about how Tokyo plans to respond after the former head of Nissan Motor Co and Renault SA snuck out Japan where ...

Bloomberg India outlined the contours of a $1.5 trillion plan to build infrastructure over the next five years to shore up economic growth. The programme will include existing projects in the energy, road and railway sectors in the pipeline, Finance Minister Nirmala Sitharaman told reporters. Private companies will account for 22%-25% of the investments, with the federal government and states ...

Bloomberg China is set to award safety certificates for genetically-modified corn, paving the way for domestic production as the world’s most-populous country turns to the controversial technology to boost food security. Two strains of GMO corn, one developed by Beijing Dabeinong Technology Group Co and another by Zhejiang University and a biological company in Hangzhou, are likely to be given ...

Bloomberg South Korea’s exports posted the smallest decline since April, offering evidence that the worst may be over for the Asian bellwether of global trade. Exports in December fell 5.2% from a year earlier, data from customs office showed on Wednesday. Economists surveyed by Bloomberg had expected a 8.6% fall. Imports decreased 0.7%. The letup in exports slump adds to ...

Bloomberg Indian stocks rose on the expectation that a slowdown in economic expansion has bottomed out and growth will recover in 2020 on the back of Finance Minister Nirmala Sitharaman’s planned $1.5 trillion infrastructure push. The S&P BSE Sensex climbed 0.1% to 41,306.6 at the 3:30 pm close in Mumbai. The NSE Nifty 50 Index also advanced by 0.1%. Stocks ...

Bloomberg China’s manufacturing sector continued to expand output in December, adding to evidence that the world’s second-largest economy is stabilising as the signing of a phase one trade deal with the US nears. The manufacturing purchasing managers’ index remained at 50.2, according to data released by the National Bureau of Statistics. The outlook for export-oriented firms brightened, with a sub-index ...