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ABU DHABI / WAM With the implementation of the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to embrace innovation as an institutional practice in nurturing a sustainable future for the upcoming generations, and utilise the UAE Government’s innovation tools which include innovation labs, and to mark ...

SHARM EL SHEIKH / WAM Egypt’s hosting of the Arab League-European Union, EU, Summit on Sunday in Sharm el-Sheikh underscores its pivotal role in international efforts to counter terrorism and realise peace in the Middle East region and as a facilitator for Arab-European dialogue on challenges facing the world, said HH Sheikh Hamad bin Mohammed Al Sharqi, Supreme Council Member ...

ADDIS ABABA / WAM Ethiopia’s Defence Minister Aisha Mohammed Musa, has received UAE Ambassador to Ethiopia, Mohammad Salem Al Rashidi, at the ministry in Addis Ababa. During the meeting, they discussed issues of mutual interest, especially topics related to defence and military cooperation. The Ethiopian defence minister hailed the strong relations between the two countries and the importance of enhancing ...

Dubai / WAM The 11th meeting of the Dubai Free Zones Council,DFZ Council, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the DFZ Council, announced plans to develop a comprehensive geo-economic map of Dubai in line with the Fifty-Year Charter that aims to position Dubai as a leading destination for investment and business set-up. Sheikh Ahmed ...

Dubai / WAM Dubai Electricity and Water Authority (Dewa), signed a Memorandum of Understanding (MoU), with the Dubai Department of Economic Development (Dubai Economy) to support members of Dubai SME-the DED agency mandated to develop the small and medium enterprise (SME) sector; by marketing their offers, services, and products through Dewa Store, the first-of-its-kind smart app among government entities in the ...

Bloomberg Saudi Arabia reaffirmed its interest in the Chinese market with a deal to build a $10 billion refining and petrochemicals complex as it vies for crude-oil customers with fellow OPEC members and Russia. Saudi Arabian Oil Co, or Aramco, agreed to set up a joint venture with two Chinese companies to develop the facility in Liaoning province, according to ...

Bloomberg The US and China will extend into the weekend the current round of trade talks as negotiations in Washington yielded progress on currency policy but stopped short of a breakthrough that would prevent higher American tariffs from kicking in next week. “Both parties want to make this a real deal, we want to make it a meaningful deal, not ...

Bloomberg Australia denied that a major port in northern China has banned its coal imports and sought to calm investor nerves that strained political ties are undermining its most important trading relationship. Key government ministers took to the airwaves to dismiss a report that Dalian Port Group has imposed an indefinite ban on Australian coal. While quotas and testing has ...

Bloomberg Malaysia’s economy swung into deflation in January for the first time since the aftermath of the global financial crisis in 2009 as fuel prices dropped. Consumer prices declined 0.7 percent from a year ago after hovering below 1 percent in the previous seven months, according to the statistics department. The median estimate in a Bloomberg survey of 21 economists ...

Bloomberg Sony Corporation, once known for innovations like the Walkman, will begin to back entrepreneurs outside the company with money, marketing support and more as it seeks more breakthroughs. The Tokyo-based company said it would open up an internal accelerator program to external entrepreneurs, including a partnership with Tokyo University under which students can turn ideas into businesses. Depending on ...