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Abu Dhabi / Emirates Business The third edition of Agriscape, the international exhibition dedicated to food security and agricultural investments, concluded on Tuesday at Adnec. The invitation-only event drew the participation of 50 exhibitors offering agri-land and agri-assets in 22 countries and 300 visitors and buyers from 37 countries, including the UAE, Saudi Arabia, Kuwait, Oman, Singapore, USA, and Russia. ...

Dubai / WAM Smart Dubai has launched UAE ‘Residency’ application services in partnership with the General Directorate of Residency and Foreigners Affairs in Dubai via its Dubai Now application and e-services platform, which allows the emirate’s residents to conduct city transactions from the convenience of their smartphones. The ‘Residency’ service facilitates the transactions and procedures required to issue residency visas ...

Dubai / WAM The Emirates National Oil Company Group (Enoc), on Tuesday announced the signing of an evergreen aviation fuel supply agreement with Indian Oil Corporation (IOC), the largest commercial oil and gas company in India. The strategic agreement builds on the strong partnership that Enoc and IOC have fostered over the last two years. With the evergreen contract, IOC will provide ...

ABU DHABI / WAM A high-tech facility at Khalifa Industrial Zone Abu Dhabi (Kizad), was launched on Tuesday, set out to provide a full suite of quality, conformity and HSE testing services for a wide ranges of sectors. Aman Integrated Solutions Lab was inaugurated by Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, Tarek Al Goweiny, ...

Bloomberg Amazon.com Inc claims the Pentagon failed to fairly judge its bid for a cloud contract worth up to $10 billion because president Donald Trump viewed company founder Jeffrey Bezos as his “political enemy.” Amazon Web Services, Amazon’s cloud unit, claimed in a lawsuit that was made public that the defence pepartment ignored Amazon’s superior technology and awarded the contract ...

Bloomberg ViacomCBS Inc hired CBRE Group Inc to review its entire real estate portfolio, including a possible sale of the CBS skyscraper known as Black Rock in midtown Manhattan. Chief Executive Officer Bob Bakish announced the plan at the UBS Global telecom and media conference in New York. He didn’t indicate an expected price for the Eero Saarinen-designed skyscraper, which ...

Bloomberg LOLC Holdings Plc, Sri Lanka’s second-largest publicly traded company by revenue, plans to sell its stake in a unit in Cambodia and use the proceeds to fund acquisition of microfinance firms in emerging markets from Brazil to India. LOLC Holdings plans to sell its 70% stake in Prasac Microfinance Institution Ltd, which also counts Hong Kong’s Bank of East ...

Bloomberg Japan’s bonds rebounded as an advance in the benchmark yield to zero for the first time in nine months lured investors back. The 10-year yield dropped to minus 0.025% after climbing to 0% earlier on Tuesday. Japanese bond futures also bounced back from a one-year low. “There is extremely strong demand from investors when the 10-year yield touches zero,” ...

Bloomberg The Indonesian government says the European Union’s (EU) tariffs on the Asian nation’s biodiesel shipments are “unacceptable” and all options to counter the policy are on the table, including retaliatory actions. The EU imposed five-year tariffs on Indonesian biodiesel imports to counter alleged subsidies to producers of the fuel, which is typically made from palm oil and other fats ...

Bloomberg The billionaire behind six-month-old Vietnamese auto startup VinFast plans a feat even Toyota Motor Corp and Hyundai Motor Co couldn’t pull off during their early days: sell a car in the US. Pham Nhat Vuong, the Southeast Asian country’s richest man and now in charge of the new automaker, is so intent on exporting electric vehicles to the lucrative ...