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Dubai / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, on Tuesday inaugurated the Dubai Design Academy (DDA). Offering exclusive jewellery-design programme, the new academy will equip students with innovative design development training and practical experience of very latest Computer Aided Design (CAD), designing and manufacturing technology shaping the modern jewellery ...

ABU DHABI / WAM A high-level Chinese delegation from Shanghai Stock Exchange (SSE), headed by Fu Hao, Deputy Director-General of Global Business Development Committee and Managing Director of Global Business Development Department of SSE, visited the Abu Dhabi Securities Exchange (ADX). The aim of the visit is to deepen cooperation and explore partnership opportunities between the two stock markets. During ...

DUBAI / WAM Emirates Post, in cooperation with Mohammed bin Rashid Space Centre (MBRSC), has issued a series of commemorative stamps to celebrate the UAE Astronaut Programme, which will take the first Emirati astronaut Hazza Al Mansoori to the International Space Station (ISS), on September 25. The series of stamps are launched 55 years after the late Sheikh Rashid bin ...

Dubai / WAM Dubai Islamic Economy Development Centre (DIEDC), received a senior financial delegation from Indonesia that aimed to learn about the Islamic economy system in the UAE and explore opportunities for cooperation. The delegation comprised senior officials from Bank Indonesia – the central bank of the country – and the Indonesia Halal Lifestyle Centre, as well as representatives of ...

NEW YORK / WAM The United Arab Emirates has emphasised the health benefits of addressing climate change including air pollution, and extreme weather events, and called for greater global efforts to address the climate-health nexus. During the UN General Assembly’s High-Level Meeting on Universal Health Coverage, Hessa Essa Buhumaid, Minister of Community Development, noted that there is far too little ...

Bloomberg Google won a European Union court battle against plans to impose a global “right to be forgotten” in the latest landmark ruling over where to draw the line between privacy and freedom of speech. The EU Court of Justice said search engines should remove results on European versions of its websites and weren’t required to scrub links globally. Five ...

Bloomberg Germany is not on the verge of a recession and old-style stimulus programmes are not in vogue any more, Economy Minister Peter Altmaier said on Tuesday. While Altmaier denied the country was heading into a recession, he said the deteriorating international scenario was beginning to weigh on the export-driven economy. “I think old-style stimulus programs are not in vogue ...

Bloomberg Fintech Fundbox Inc has raised $176 million in a new funding round from investors including Allianz SE and General Catalyst. The company was expected to announce the funding on Tuesday, along with a new $150 million credit facility. A Fundbox spokesman said the new round valued the company at between $500 million and $1 billion, but would not disclose ...

Bloomberg Volkswagen AG’s two top leaders, Chief Executive Officer Herbert Diess and Chairman Hans Dieter Poetsch, were charged with market manipulation in Germany over allegations they failed to inform investors early enough about the diesel-emission scandal. Former CEO Martin Winterkorn was also charged in the case, according to the indictment filed by Braunschweig prosecutors. The shares fell as much as ...

Bloomberg Alibaba Group Holding Ltd has bought a third of Ant Financial, the online financial services behemoth controlled by billionaire Jack Ma, augmenting a global array of investments now worth $83 billion. The Chinese e-commerce leader has closed the acquisition of 33 percent of newly issued equity in Ant, a long-gestating deal that cements ties between two of the country’s ...