News

ABU DHABI / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, received Prime Minister Boubou Cisse of Mali, who is currently visiting the UAE. During the meeting held at headquarters of the Ministry of Foreign Affairs and International Cooperation (MoFAIC), in Abu Dhabi, the two sides discussed bilateral relations and opportunities to expand cooperation across multiple ...

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 phone call from South Korean President Moon Jae-in extending thanks and appreciation for the UAE’s efforts to release a South Korean citizen kidnapped in Libya. His Highness Sheikh Mohamed and the South ...

Dubai / WAM A roundtable in Malta has provided Dubai Islamic Economy Development Centre (DIEDC), an opportunity to expanding the footprint of Islamic economy in Europe, as well as exchanging knowledge and expertise in the Islamic finance field, and enhancing bilateral relations. The participants also discussed Malta’s potential to become a key Islamic finance hub in Europe, considering the presence of ...

Abu Dhabi / WAM The General Civil Aviation Authority (GCAA), has dismissed as fake news the rumours circulating on social media about yesterday’s plane crash in Dubai, ensuring that this news is misleading and untrue. The Authority stressed that it is the sole authenticated source of information related to aviation sector in the country. This came in a statement issued ...

GUANGZHOU / WAM Borouge announced that it will significantly increase production of pre-compounded black polyethylene for pressure pipe applications by investing in a production unit which is expected to be completed within 2020. The company’s decision to expand capacity of PE black product follows soon after China’s Water Standards Committee revised the PE water pipe standards, to promote the use ...

Abu Dhabi / WAM Dr Nadia Bastaki, the first Emirati woman to be registered as a specialist in aviation medicine, has achieved her lifelong ambition and has become involved in the UAE space programme, conducting medical tests for UAE astronauts. “In partnership with the Mohammed bin Rashid Space Centre, I have participated in conducting medical tests for the team chosen ...

Bloomberg It’s increasingly unlikely that American farmers will fully regain their share of the lucrative Chinese soybean market, a US industry group said. US exports of the oilseed to the biggest importing nation have plunged in the year since the world’s two largest economies begin tit-for-tat tariffs. “The longer we are out of the China market, the likelihood is that ...

Bloomberg India, Japan and Sri Lanka are weighing the development of a terminal at the bustling port of Colombo in a country that’s seen ongoing political controversies related to investments from China’s Belt and Road initiative. The three countries are set to sign a memorandum of understanding in the coming months to build out the east container terminal at the ...

Bloomberg Thailand’s economy grew at the slowest pace since 2014 in the first quarter as weaker global demand and trade tensions weighed on exports. Gross domestic product rose 2.8 percent from a year ago, down from a revised 3.6 percent in the fourth quarter, the National Economic and Social Development Council said. That’s the slowest pace since the end of ...

Bloomberg The Japan Automobile Manufacturers Association said it is “profoundly disappointed” by US President Donald Trump’s declaration that imported vehicles and parts threaten national security, echoing a statement made just days ago by Toyota Motor Corp. Although the comments are unusually strong, the source is no surprise: Toyota President Akio Toyoda is also chairman of JAMA, the influential trade group. ...