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SHARJAH / WAM The Sharjah Research, Technology and Innovation (SRTI) Park discussed, with a Chinese delegation, the launch of strategic partnerships that aim to promote technology transfer between the park and Chinese research and development organisations. The delegation’s visit aims to explore available investment opportunities for Chinese investors operating in innovative technological sectors and research and development, as well as ...

ABU DHABI / WAM Upon the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, has ordered to disburse the second instalment of housing loans to Emirati citizens ...

ABU DHABI / WAM Abu Dhabi Airports has assigned additional staff across Abu Dhabi International Airport (AUH) to ensure pilgrims enjoy a seamless and comfortable travel experience. This will ensure the smooth and safe departure and return of pilgrims from Makkah and Madina during the Hajj season, the company said, adding that sufficient preparations are in place in collaboration with ...

Bloomberg Indian tycoon Subhash Chandra’s Essel Group is in advanced talks to sell some toll road projects to an arm of the country’s sovereign wealth fund for about $350 million, according to reports. The assets that National Investment & Infrastructure Fund (NIIF) is planning to buy are four toll roads that are in operations and two in construction, said the people, ...

Bloomberg Grameenphone, the Bangladesh division of Norway’s Telenor Group, said the local telecom regulator’s move to restrict internet bandwidth for its services was “illegal,” as the company continues to pursue arbitration over an audit demand of nearly $1.5 billion. Bangladesh’s largest mobile company said at a press conference the regulator’s move to restrict internet access was “specially designed to put ...

Bloomberg Hong Kong’s wealthiest people are starting to feel the pain from nine weeks of protests that have jammed the financial hub’s streets, weighed on economic growth and battered local stock prices. The 10 richest tycoons who derive their fortunes from Hong Kong-listed companies have seen their net worth tumble by $19 billion since July 23, according to the Bloomberg ...

Bloomberg Australia’s trade surplus rocketed to a fresh record in June as iron ore receipts pushed even higher and a falling international oil price lopped a chunk off imports. The windfall swelled to A$8 billion, a third higher than May’s upwardly revised A$6.2 billion, data from the Australian Bureau of Statistics showed on Tuesday. Iron ore sales climbed to A$9.5 ...

Bloomberg The Trump administration formally labeled China a currency manipulator, further escalating its trade war with Beijing after the country’s central bank allowed the yuan to fall in retaliation for new US tariffs. While the Treasury Department’s determination is largely symbolic — the potential penalties are less punitive than the steps Trump has already taken against China — it underscores ...

Bloomberg Cybereason Inc., the Boston-based firm that revealed the hacking of at least 10 global telecommunications carriers in June, has raised another $200 million from investor SoftBank Group Corp. as it seeks to grow its market and upgrade its product to keep pace with hackers. “Cybereason plays a leading role in helping companies manage cybersecurity risks and protecting people’s information,” ...

Bloomberg Reliance Industries Ltd. agreed to buy an Indian technology startup funded by Google, scooping up an inventory-management platform and adding to the list of smaller deals the conglomerate has assembled to take on Amazon.com Inc. Billionaire Mukesh Ambani’s group agreed to buy a controlling stake in Shopsense Retail Technologies Pvt, which operates the Fynd platform, according to a statement ...