News

Abu Dhabi selected as world’s leading sports tourism hub

ABU DHABI / WAM Representatives from the Department of Culture and Tourism – Abu Dhabi, DCT – Abu Dhabi, have arrived in Muscat to receive the award for World’s Leading Sports Tourism Destination at the 26th edition of the World Travel Awards (WTA), Grand Final Ceremony 2019. The award is the latest in several prestigious accolades gained by Abu Dhabi ...

Read More »

ADX takes part in SALT

ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), announced its participation at the SALT Conference, a global thought leadership forum that aims to enhance collaboration between finance, technology and geopolitics. The conference, which kicked off on Monday and will run till December 11, is held in partnership with Abu Dhabi Global Market (ADGM). According to a statement by the ...

Read More »

Abu Dhabi launches digital ‘violation reporting platform’

ABU DHABI / WAM The Abu Dhabi Accountability Authority (ADAA), on Monday announced the launch of a digital ‘Violation Reporting Platform’ that will enable the reporting of suspicious financial and administrative violations across government entities. According to a statement by the Authority, the newly launched digital platform will enhance Abu Dhabi’s competitiveness and further establish investor confidence in its business ...

Read More »

‘UAE’s model of tolerance is a unique, influential soft power’

The UAE is continuing to promote its inspiring model of tolerance, coexistence and openness to others, after leading globally through its unprecedented initiative launched this year that made it the “Capital of Tolerance.” The UAE has proven the importance of the key role of its soft power in reinforcing human fraternity principles and encouraging moderate speech discourse, through supporting all ...

Read More »

China car market heads for second annual sales decline

Bloomberg Car sales in China continued to decline in November, extending a historic slump and all but ensuring a second straight annual drop for the world’s biggest auto market. Sales of sedans, sport utility vehicles, minivans and multipurpose vehicles fell 4.2% from a year earlier to 1.97 million units, the China Passenger Car Association (PCA) said, citing preliminary figures. The ...

Read More »

Vietnam ministry may cut some tariffs on US agriculture

Bloomberg Under pressure from the US, Vietnam’s ministry of finance is proposing to reduce tariffs on some American agriculture products, from chicken to apples. The government is working to alleviate US concerns over Vietnam’s growing trade surplus. At the request of the US, Vietnam now is reviewing duties on some American products, with tariff cuts seen as a way to ...

Read More »

S’pore food security at climate change risk

Bloomberg Singapore, home to some of the planet’s most affluent people, shouldn’t have to worry about going hungry — except when you factor in the threat of climate change. The city state ranks top of the Global Food Security Index, a gauge of more than 100 countries developed by the Economist Intelligence Unit and supported by Corteva Agriscience. But when ...

Read More »

Japan’s economy grows faster than extimates in Q3

Bloomberg Japan’s economy expanded in the third quarter at a much faster pace than initially reported, as capital investment and private consumption proved much stronger than first estimated. Gross domestic product (GDP) grew at an annualised pace of 1.8% in the three months through September from the previous quarter, faster than an initial reading of 0.2%, revised Cabinet Office data ...

Read More »

Xiaomi takes on Apple in Japan with 108-megapixel budget smartphone

Bloomberg Xiaomi Corp, the world’s fourth-largest smartphone maker, is entering Japan and taking on Apple Inc with a budget-friendly smartphone and a connected fitness tracker. The company is making the Mi Note 10 Android smartphone available in Japan for immediate pre-order to be shipped on December 16. Priced from 52,800 yen ($486), the handset has a high-resolution 108-megapixel camera, a ...

Read More »

Fighting pollution in India could increase greenhouse gases

Bloomberg India’s fight against deadly air pollution may come with an unintended consequence: increased emissions of greenhouse gases. Government-mandated pollution control devices for coal-fired power plants, which reduce deadly sulfur-dioxide pollution, could also boost carbon dioxide emissions at individual plants, according to a report by the US Environmental Protection Agency. That may impede India’s ability to meet international commitments to ...

Read More »
Send this to a friend