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Abu Dhabi / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, received at his office on Tuesday Lieutenant-General Mohamed Cheikh Ould Mohamed Lemine, Mauritanian Army Chief-of-Staff, and his accompanying delegation, where they discussed ways to enhance cooperation in the defence field. The two sides also discussed bilateral relations and ways of strengthening them, exchanged views on ...

Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), revealed that it has, in collaboration with the Department of Education and Knowledge (Adek), begun the construction of six schools through projects across Bani Yas, Al Rahba, Al Riyadh, Al Dhaher, Al Bahia and Shiab Al Ashkhar at the total cost of more than AED1 billion. The execution of ...

Abu Dhabi / WAM In response to reports that some bank customers have been receiving emails from unidentified sources impersonating banks and financial institutions requesting personal data in the promise of helping them claim their Value Added Tax’s, the Federal Tax Authority (FTA) reaffirmed that tax refunds are processed only through the Authority’s official website. In a press statement is, ued ...

Bloomberg Samsung Electronics Co and Huawei Technologies Co took turns announcing new mobile processors at the IFA technology show in Berlin, and the big thing the new chips have in common is an integrated 5G modem. In a market dominated by US rival Qualcomm Inc, the world’s two biggest smartphone manufacturers asserted a lead in delivering one of the keys ...

Bloomberg Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board to step down by September 16. He’ll be replaced by Chief Operating Officer Yasuhiro Yamauchi until a permanent replacement is named by the end of October. With Saikawa felled by a ...

Bloomberg Peter Thiel’s venture capital firm is investing $45 million into Glance, an Indian technology startup that uses artificial intelligence to personalise content for smartphones. Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according to a statement. Glance is part of InMobi Group, a mobile ...

Bloomberg Jack Ma is giving up the reins of Alibaba Group Holding Ltd after presiding over one of the most spectacular creations of wealth the world has ever seen. The former English teacher steps down as executive chairman of China’s largest company on his 55th birthday after amassing a $41.8 billion fortune — a trove surpassed only by India’s Mukesh ...

Bloomberg Global trade tensions could derail a landmark regional agreement encompassing 16 countries including India, China and Australia if a deal is not struck by November, said Indonesian Minister of Trade Enggartiasto Lukita. Negotiations for the Regional Comprehensive Economic Partnership, or RCEP, have reached the “point of no return” as increasingly hostile trade tensions could dampen a deal seven years ...

Bloomberg Volkswagen AG and other carmakers warned that trade tensions risk dragging the global economy into a recession as the fallout starts to hit consumers. The gloom of the US and China’s tit-for-tat tariffs cast a shadow over the Frankfurt Auto Show this week, where carmakers were seeking to whip up interest in critical new electric models. The geopolitical volatility ...

Bloomberg Ireland’s Phil Hogan is set to be the European Union’s next trade commissioner, an appointment that puts the bloc’s relationship with the UK right at the heart of policy making. Hogan, an outspoken critic of Brexit and the British government’s approach to the border between Ireland and Northern Ireland, was nominated by incoming European Commission President Ursula von der ...