News

Bloomberg Indonesia has taken legal action against the European Union (EU) over stricter limits on how palm oil can be used in green fuels, marking a further deepening in trade tensions. The nation filed a lawsuit with the World Trade Organization on December 9 alleging discrimination against Indonesian palm-oil exports, the trade ministry said. Indonesia, the world’s biggest producer of ...

Bloomberg China plans to target economic growth of around 6% in 2020, at the low end of this year’s range of 6% to 6.5%, Reuters reported, citing policy sources. To cushion a sharper slowdown, the state also plans to spend more on infrastructure by allowing local governments to issue more special bonds next year, Reuters said. The proposed target to ...

Bloomberg China’s ambassador threatened Germany with retaliation if it excludes Huawei Technologies Co as a supplier of 5G wireless equipment, citing the millions of vehicles German carmakers sell in China. Resistance against Huawei is growing among lawmakers in Chancellor Angela Merkel’s governing coalition, who have challenged her China policy with a bill that would impose a broad ban on “untrustworthy” ...

Bloomberg Japan Post Holdings Co is set to release a final report on missold insurance as early as December 18, and the findings will show more cases than an interim probe uncovered, the Yomiuri Shimbun reported. After speaking to more than 120,000 clients, a special investigation committee composed of external lawyers found 9,000 incidents of insurance sales at post offices ...

DUBAI / WAM Roads and Transport Authority (RTA), invited private companies in the UAE and abroad to submit proposals for constructing about 1500 bus shelters for the convenience of passengers awaiting public buses in several districts of Dubai. The step is part of RTA’s ongoing efforts to promote the use of public transport and improve the infrastructure needed. The step ...

Abu Dhabi / WAM Held under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, Chairman of Abu Dhabi Agriculture and Food Safety Authority (Adafsa), the 10th anniversary edition of Sial Middle East, one of the largest food, beverage and hospitality events in the region, and the fifth edition of Abu Dhabi ...

Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), announced plans to conduct a foresight study aimed at providing a long term look at the prospective challenges and opportunities of entrepreneurship in the UAE. The Fund has designated a team of experts to facilitate the research and identify the key factors to be focused on while conducting the ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), launched its smart app on Huawei store to facilitate access to its smart services. This is in accordance with the wise leadership’s approach for innovation, excellence in providing best smart services with high quality and efficiency.

Islamabad / WAM The government of the United Arab Emirates is determined to help Pakistan eradicate polio by 2022 through its Emirates Polio Campaign, a top Emirati diplomat said. Hamad Obaid Al Zaabi, the UAE Ambassador to Pakistan, made this statement as the Pakistani Prime Minister was preparing to kick off a new vaccination campaign. Pakistan and Afghanistan are the ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, announced 2020 to be the year of preparations for the next 50 years. Declared ...