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BEIJING / WAM The UAE pavilion at the Beijing International Horticultural Exhibition, Horticultural Expo 2019, managed by the National Media Council (NMC), is showcasing the country’s civilisation and the legacy of the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan. The event, under the theme ‘Greening the Desert,’ is open to the public until October 7 under the ...

KHARTOUM / WAM The UAE Embassy in Sudan has distributed more than 100 tonnes of foodstuffs to some 20,000 people across the various cities of Kassala province, as part of the assistance provided by HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, wife of the Crown Prince of Fujairah. The humanitarian aid was distributed by the Emirates Red Crescent ...

Abu Dhabi / WAM The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), and the Korea Rural Development Administration (KRDA), on Tuesday, signed a Memorandum of Understanding (MoU), to strengthen cooperation in agricultural research and modern technology, for the agricultural sector in Abu Dhabi. The MoU aims at securing a sustainable foundation for future agricultural research in response to climate change, ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received a telephone call from His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, Emir of Kuwait, who condemned the sabotage acts carried out against four oil tankers near UAE territorial waters on Sunday. During the ...

Rabat / WAM The ‘His Highness Sheikh Mohamed bin Zayed Iftar Campaign 2019’ has launched in Morocco. Over 150 Moroccan charitable associations will take part in the campaign, to assist some 65,000 underprivileged families across the country. The campaign will be carried out in three phases across the Holy Month of Ramadan. The first phase will help over 30,000 families ...

Bloomberg Nissan Motor Co predicted annual operating profit below even the most pessimistic analyst’s estimate and cut its dividend for the first time in a decade, giving partner Renault SA a potential opening to push for greater control over their automaking alliance. Hurt by slumping US sales, aging vehicle models and an out-of-sync product cycle, the Japanese automaker issued an ...

Bloomberg A Tesla Inc electric vehicle suddenly caught fire in a Hong Kong parking lot, the Hong Kong Economic Times said, less than a month after a similar case was reported in Shanghai. The Tesla Model S had been been parked in San Po Kong Plaza for about half an hour before the battery started to emit smoke and flames ...

Bloomberg Thailand plans to sell three 700 megahertz spectrum licenses for a total of about $1.7 billion as part of an effort to develop fifth-generation wireless services. The sale at a fixed price of 17.6 billion baht each will take place on June 19, Takorn Tantasith, the secretary general of the National Broadcasting & Telecommunications Commission, said in Bangkok. The ...

Bloomberg In the months leading up to Uber Technologies Inc’s market debut, Masayoshi Son made a habit of pointing out that SoftBank Group Corp is the world’s largest investor in ride-hailing companies. Suddenly, it doesn’t seem like such an enviable position. SoftBank has lost about $16 billion in market value in the past three trading days as Uber plunged nearly ...

Bloomberg Takeda Pharmaceutical Co forecast a surprise operating loss for the year due to acquisition costs and related charges from its $62 billion purchase of Shire Plc, but the Japanese drugmaker said the deal will result in bigger-than-projected cost savings. The company raised its annual cost savings target to $2 billion from $1.4 billion by the end of fiscal 2021, ...