Dubai / WAM The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of the Dubai Authority on commodities trade and enterprise, inaugurated its 2019 international roadshow under its Made For Trade Live umbrella in Edinburgh, Scotland followed by London, United Kingdom, UK, where it discussed the advantages of doing business in Dubai through the DMCC. Held in ...
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FCCI: Stimulus packages drive non-oil growth
Sharjah / WAM The recent stimulus packages have significantly contributed to growing the non-oil private sector across the country, according to the chief of the UAE Federation of UAE Chambers of Commerce and Industry (FCCI). Addressing a joint meeting of the FCCI General Secretariat and Directors of Chambers of Commerce, Humaid Mohammed bin Salim, FCCI Secretary-General, expected non-oil private sector ...
Read More »UAE reiterates commitment to robust climate action
Dubai / WAM During his participation in the High-Level Meeting on Climate and Sustainable Development for All, convened by Maria Fernanda Espinosa, President of the United Nations General Assembly in New York, Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, reiterated the country’s green commitment and support for ambitious and innovative global climate action. Delivering ...
Read More »GFIA Abu Dhabi to spotlight innovations in agriculture
ABU DHABI / WAM The Global Forum for Innovations in Agriculture (GFIA), the leading exhibition and conference on sustainable agricultural solutions, opens on Monday at Abu Dhabi National Exhibition Centre (Adnec). The sixth edition of GFIA, will focus on how Artificial Intelligence (AI) can drive progress in agriculture towards increasing food production and ensuring food security in the Middle East ...
Read More »UAE calls on UN to hold state-sponsors of terror accountable
NEW YORK / WAM The UAE called on the UN to hold Member States accountable for terrorism financing during a UN Security Council Open Debate on combating terrorism financing presided by France’s Foreign Minister Jean-Yves Le Drian. Earlier in the meeting, the Council unanimously approved Resolution 2462, introduced by France and co-sponsored by the UAE, requiring Member States to take ...
Read More »Global Village world’s first ‘entity’ to get five-star safety rating
DUBAI / WAM Global Village, the world’s leading multicultural festival park and the region’s first family destination for culture, shopping, and entertainment, announced that it had successfully completed the prestigious best practice Five-Star Occupational Health and Safety Audit conducted by the British Safety Council. It is the world’s first entertainment destination to achieve this grading and is setting benchmarks for ...
Read More »Unfair treatment of Huawei could damage Japan ties: China
Bloomberg Japan’s restrictions on Chinese technology could damage bilateral ties, a Chinese Commerce Ministry spokesman said in a warning that comes as the US has been pushing its allies to bar Huawei equipment from telecommunications networks as a security threat. Japan is preparing to announce the allocation of bandwidth for 5G communications next month and the tension over telecommunications with ...
Read More »Grab plans to double Singapore staff to 3,000 by end-2020
Bloomberg Grab, Southeast Asia’s biggest ride-hailing company, plans to double its staff in Singapore to 3,000 by the time it moves into new headquarters next year. Grab signed an 11-year lease for new offices in a development by Ascendas Real Estate Investment Trust. The Singapore-based startup has a five-year renewal option and will occupy all of the building, which has ...
Read More »Bithumb detects abnormal withdrawals from exchange
Bloomberg South Korea’s Bithumb said it detected abnormal withdrawals of the company’s coins from its cryptocurrency exchange. The incident was found through the company’s abnormal-trading monitoring system in Seoul, it said. The exchange then halted cryptocurrency deposits and withdrawals and moved investor assets to a so-called cold wallet, which is disconnected from the internet and less vulnerable to theft, and ...
Read More »Hon Hai quarterly profit tops estimates
Bloomberg Hon Hai Precision Industry Co, the biggest assembler of iPhones, posted fourth-quarter profit that beat analyst estimates as billionaire Terry Gou cuts costs at his manufacturing giant. Net income was NT$62.6 billion ($2 billion) in the three months ended December, Hon Hai said in a filing. That compares with the NT$36.6 billion average of estimates compiled by Bloomberg. Hon ...
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