News

Aden / WAM The Emirates Red Crescent (ERC), organised the second group wedding for 200 couples in 11 Yemeni Governorates, as part of the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to hold a series of weddings which will benefit 2200 young people. ...

Dubai / Emirates Business His Excellency Dr Amin Hussein Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing, Ministry of Health and Prevention (MoHAP), inaugurated the new plant for Geltec that manufactures dietary supplements and medicines at the National Industries Park (NIP) of DP World. The opening ceremony was attended by Ahmad Al Haddad, Chief Operating Officer, Parks and ...

Sharjah / WAM The Sharjah FDI Office, Invest in Sharjah, in collaboration with the Chinese Business Council, organised the Sharjah–China “Belt & Road” Business Round Table at the Sharjah Chamber of Commerce and Industry. The Chinese delegation of 140 businesspersons was led by Lei JIN, Economic and Commercial Counsellor of the Consulate-General of the People’s Republic of China, and Shaoguo ...

ROME / WAM The UAE Embassy in Italy opened the Afghan hand-woven carpets exhibition under the theme ”Empowering Afghan women for more shining future” at San Giovanni Battista dei Genovesi in central Rome. The exhibition is being held under the Fatima bint Mohamed bin Zayed Initiative (FBMI), which offers a unique and creative approach by employing Afghan women in the handmade ...

Bloomberg Nissan Motor Co denied a report by the Nikkei that it’s planning to cut global output by around 15 percent for the fiscal year to March 2020, even as the carmaker struggles to reignite earnings and sales while dealing with the fallout from the arrest of ex-chairman Carlos Ghosn. Nissan issued a rare response calling the details in the ...

Bloomberg China didn’t follow proper procedures when it imposed trade restrictions on agricultural imports, the World Trade Organization (WTO) said in a ruling that bolsters President Donald Trump’s dispute against Beijing. China used a flawed and opaque approach when it administered tariff-rate quotas for rice, wheat, and corn, the Geneva-based arbiter of global trade disputes said on its website. It’s ...

Bloomberg Porsche AG is exploring joint projects with Chinese technology giants including Tencent Holdings, Alibaba Group Holding Ltd and Baidu Inc to expand digital offerings in its largest market and bolster sales. Country-specific features for voice recognition, navigation and integration of the ubiquitous WeChat messaging service will be developed locally, Porsche Chief Executive Officer Oliver Blume said in an interview ...

Bloomberg Ford Motor and Mahindra & Mahindra agreed to co-develop a mid-size sports utility vehicle (SUV) for India and emerging markets in an effort to sustain profitability in the world’s third-biggest car market. The new SUV will have a common Mahindra product platform and powertrain, helping to reduce product development costs and gain economies of scale, Mahindra and Ford said ...

Bloomberg SoftBank Group International Chief Financial Officer Alok Sama will step down from his post, according to an internal memo seen by Bloomberg News. He will remain a senior adviser at the company, according to the memo, which didn’t provide a reason for his departure. Sama led the execution teams for the $59 billion merger of Sprint and T-Mobile and ...

Bloomberg Japan’s rapidly-aging society will see a quarter of its breadwinners turn 75 or older by 2040, the Nikkei reported, citing a study from the National Institute of Population and Social Security Research. The number of people living alone who are 75 or older will top 5 million.