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Adnoc expands ‘in-country value programme’

ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), announced on Monday, that it has expanded its In-Country Value (ICV), Programme by appointing a group of six additional third-party certifying bodies who will be responsible for verifying and measuring suppliers’ ICV performance, bringing the total number of the Program’s certifying bodies to 12, from six. The signing ceremony ...

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UAE prepares to launch fourth FNC elections

Abu Dhabi / WAM The UAE is preparing to launch the fourth Federal National Council (FNC), elections, which will complete the country’s process of empowerment, political participation and comprehensive development, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The upcoming elections will ensure a positive electoral experience, with the aim to raise the level of female ...

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Dubai Chamber opens office in Argentina to bolster LatAm presence

BUENOS AIRES / WAM Dubai Chamber of Commerce and Industry has announced the opening of a representative office in Buenos Aires, Argentina, as part of its efforts to strengthen its presence in Latin America. The Argentina office, Dubai Chamber’s third Latin America office, will be tasked with identifying new business opportunities in the market that offer potential for Dubai Chamber ...

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Emirates resumes flights to Zagreb for summer

Dubai / WAM Emirates has resumed its operations to Zagreb for summer, serving the route until October 26. Its partner airline, flydubai will then begin to operate during the winter season. The strategic partnership between both airlines ensures capacity is deployed to best serve customer demand. Flight EK 129 will depart Dubai at 8:30 am and arrive in Zagreb at ...

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DCT Abu Dhabi rebrands events website

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, announced that it will launch a refreshed events website as part of its strategy to increase attendance at a range of Abu Dhabi-based events in 2019 and beyond. The rebranded website, called Abu Dhabi Calendar, aims to attract greater levels of web traffic with ...

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‘Innovations in Agriculture’ forum opens in Abu Dhabi

abu dhabi / wam Under the patronage of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, and Chairman of the Abu Dhabi Agriculture and Food Safety Authority, Mariam Hareb Almheiri, Minister of State for Food Security, opened the 6th edition of the Global Forum for Innovations in Agriculture (GFIA), in Abu Dhabi, in the ...

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Nissan CEO, Ghosn mulled fourth partner for alliance

Bloomberg Last September, two months before his arrest in Tokyo, then Nissan Motor Chairman Carlos Ghosn and the carmaker’s chief executive officer considered bringing in a new partner for the alliance with Renault SA and Mitsubishi Motors Corp, according to an email. At the time, Ghosn was under pressure to make the three-way automobile alliance “irreversible.” In a message to ...

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Asia’s factory activity shows signs of stabilising

Bloomberg Sentiment at Asia’s factories stabilised in March as a rebound in China buoys the region. Japan’s Nikkei and IHS Markit manufacturing purchasing managers’ index for March rose to 49.2 from 48.9 in February, helped by a lift in new orders. South Korea’s PMI rose to 48.8 from 47.2 in the previous month. Still, both readings remain below 50, signalling ...

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China announces tariff concessions ahead of trade talks

Bloomberg The Chinese government said it will extend a suspension of retaliatory tariffs on US autos and include the opioid fentanyl in a list of controlled substances, two steps that could generate a positive atmosphere for trade negotiations due to resume this week. Beijing temporarily scrapped the 25 percent tariff imposed on vehicles as a tit-for-tat measure on January 1, ...

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Singapore luxury home prices drop

Bloomberg Singapore home prices fell for a second straight quarter, with values of luxury dwellings falling the most in almost a decade as property curbs imposed mid-last year took some heat out of the market. Private residential prices declined 0.6 percent in the three months ended on March 31 from the previous quarter, when they fell 0.1 percent, the Urban ...

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