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MARRAKECH / WAM The UAE has stressed the importance of partnership and integration of government and the role of the private sector, which is a strategic partner in labour, in the mobility and employment process in the countries of destination and thus contribute to achieving the objectives of the Global Agreement on Secure and orderly migration. This was stated during ...

Abu Dhabi / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), has said that declaration of the 2019 as the ‘Year of Tolerance’ by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, reinforces the keenness of the wise leadership on promoting noble human values which are cornerstones of ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, has said that declaration of the 2019 as the ‘Year of Tolerance’ by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, crowns the cultural approach adopted by the UAE throughout its shining history. His Highness added that it is also ...

Abu Dhabi / WAM It is no coincidence that the true match between words and deeds is seen in the official position of the UAE, which seeks to spread the culture of tolerance and all the components of giving, which form the foundations the country was built on since the era of its Founding Father, the late Sheikh Zayed bin ...

Bloomberg The government of Nigeria is suing Royal Dutch Shell Plc, Eni SpA and other companies for more than $1 billion over a 2011 oil deal it says was tainted by corruption. The suit, filed in London, alleges that money the companies paid to acquire an oil exploration license in the Gulf of Guinea was diverted to bribes and kickbacks, ...

Bloomberg Apple Inc. says a Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc., an outcome that may end up harming the country’s smartphone industry and give its fiercest legal rival a boost. The US company was responding to a Chinese court that ruled this week Apple infringed ...

Bloomberg General Motors faces a “sharp and continued drop in profit” from its GM China joint venture in 2019 and beyond and might consider spinning off the JV, Morgan Stanley analyst Adam Jonas said in a note. The strategic and financial options available to an automaker like GM in China “likely shrinks as profitability of the JV declines,” Morgan Stanley ...

Bloomberg It’s a good start to the weekend for billionaire Anil Ambani. The Supreme Court refused to order a probe into India’s purchase of French warplanes, blunting the opposition Congress party’s allegation that Dassault Aviation SA was forced to pick an Ambani firm as a local partner. Little over an hour later, the Indian government told the court it would ...

Bloomberg Japanese Prime Minister Shinzo Abe’s pledge to empower women hit a fresh obstacle as more evidence was released of ‘admissions policies’ at the nation’s medical schools. Three of Japan’s 81 medical schools manipulated their admissions systems to exclude women, while another is suspected of doing so, according to an Education Ministry report. Another six were cited for unfair practices ...

Bloomberg The US is opposing an increase to the IMF’s permanent capital levels, President Donald Trump’s latest snub of multilateral organisations as he pursues his “America First” foreign policy. The International Monetary Fund is examining its capital levels under a regularly scheduled review. The Washington-based fund is mostly financed by shares, known as quotas, paid by its 189 member nations. ...