ABU DHABI / WAM A delegation from the Ministry of Economy, led by Abdullah bin Ahmed Al Saleh, Under-Secretary for Foreign Trade Affairs at the Ministry of Economy (MoE), visited the Innovation Centre of Borouge in Abu Dhabi. The delegation was introduced to the latest practices and technologies used at the Borouge Innovation Centre to produce innovative and value creating ...
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‘Innovators Under 35’ to nurture young Arab talents
DUBAI / WAM The Dubai Future Foundation and EmTech Mena have announced the committee of judges for ‘Innovators Under 35’, a global competition for young innovators, in its second year. The winners will present at EmTech Mena 2019, an annual conference on emerging technologies, which will be held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ...
Read More »Indian startups get ‘business support’ in Dubai
Dubai / Emirates Business Two promising Indian startups from New Delhi and Bangalore were named as the winners of a prestigious competition organised by Dubai Technology Entrepreneur Campus (Dtec), the largest hub of its kind in the region and wholly-owned by Dubai Silicon Oasis Authority (DSOA), which was held during the recent Dubai Startup Hub roadshow to India. ShipsKart, a ...
Read More »Abu Dhabi Airports, Ports discuss crisis management
ABU DHABI / WAM A team from Abu Dhabi Ports has visited Abu Dhabi Airports to review best practices and share knowledge and experience. The meeting is the result of both entities’ continuous efforts to enhance their respective operations and ensure business continuity by engaging with their partners and stakeholders. The team from Abu Dhabi Ports met with Abu Dhabi ...
Read More »Al Qubaisi: 4IR brings both opportunities and tremendous challenges
MILAN / WAM The Fourth Industrial Revolution (4IR) is knocking at our doors bringing huge potentials, but at the same time, bringing tremendous challenges which require us to update principles of the international law to protect multilateral organisations, said Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC), while addressing the plenary opening session of the second meeting ...
Read More »UAE leading transformation of global manufacturing sectors
ABU DHABI / WAM The UAE has a position as the global capital for the 4th Industrial Revolution (4IR) and is leading the world charge to crystallise a future strategy for manufacturing and industrialisation, said Badr Al-Olama, Head of the Organising Committee for the Global Manufacturing and Industrialisation Summit (GMIS) 2019. ‘‘The UAE is encouraging international efforts towards an industrial ...
Read More »FNC’s elections panel opens HQ at Abu Dhabi Chamber
ABU DHABI / WAM The Abu Dhabi Committee for the fourth cycle of the Federal National Council (FNC) elections has opened its headquarters in the Abu Dhabi Chamber of Commerce and Industry. Saif Ali Al Qubaisi, Executive Director of the Department of Citizens’ Affairs at the Abu Dhabi Crown Prince’s Court and Chairman of the Abu Dhabi Committee, attended the ...
Read More »India picks fiscal conservatism over growth boost in budget
Bloomberg India’s new finance minister resisted calls for a fiscal boost to spur a weakening economy, sticking instead to a plan to narrow the budget deficit over time by keeping spending in check. The fiscal gap target for the year that began on April 1 was lowered to 3.3 percent of gross domestic product (GDp) from 3.4 percent set in ...
Read More »Iron ore sinks as China top steel group urges probe into rally
Bloomberg The largest steel industry group in China has urged the government to maintain order in the global iron ore market after prices surged to a five-year high following a supply squeeze, saying that it’s requested authorities look into the gains. Futures slumped. The China Iron & Steel Association (CISA) “is reporting relevant problems in the industry to government ministries ...
Read More »Japan to brief South Korea on export restrictions: Nikkei
Bloomberg Japan’s Ministry of Economy, Trade and Industry plans to set up working-level briefings for their South Korean counterparts to explain export restrictions on some semiconductor and display materials that went into effect on July 4, according to the Nikkei. The goal of the talks is to show that the measures do not amount to an embargo and to preempt ...
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