Bloomberg Apple Inc shares dropped close to bear market territory on concern consumers are no longer clamouring for its cornerstone product, the iPhone. The stock closed at a record of $232.07 on October 3. Since then it’s plunged almost 20 percent — the official bear market threshold — as multiple suppliers indicated the company is cutting parts orders for the ...
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Bloomberg BASF SE Chief Executive Officer Martin Brudermueller unveiled a comprehensive redesign of the chemical giant’s corporate structure to boost profit by 2 billion euros ($2.3 billion) from 2021 and challenge smaller, more focussed competitors. The Ludwigshafen, Germany-based company is also targeting growth in earnings before interest, taxes, depreciation and amortisation of 3 percent to 5 percent per year, although ...
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Bloomberg Britain’s pollution levels would probably rise if the country crashes out of the European Union without a deal, breaching a key pledge Prime Minister Theresa May has made to rein in emissions. That’s the conclusion of Bloomberg NEF, which forecasts that burning coal would increase in the first quarter of next year if there’s a no-deal Brexit. Without a ...
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Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received the participants of the ‘Interfaith Alliance For Safer Communities: Child Dignity in the Digital World Forum’ being organised by the Ministry of Interior. During the meeting, held at the Al Bahr ...
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Abu Dhabi / WAM In collaboration with TransAD, Careem has introduced a new programme to provide flexible and safe income earning opportunities to Emiratis and sons and daughters of Emirati women living in Abu Dhabi. These UAE nationals can now opt to register on the Careem platform and drive private vehicles as part of a new initiative to open up ...
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Abu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc), will accelerate delivery of its new integrated gas strategy, as well as its plans to increase its oil production capacity to four million barrels per day by 2020, with Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State and Adnoc Group CEO, saying there would be no let-up ...
Read More »Abu Dhabi / WAM The Education Price Index (EPI) for the academic year 2018/ 2019 in the Emirate of Abu Dhabi increased by 3.4% in 2018 compared with 2017. The Education Price Index in 2018 was 108.0% and 104.4% in 2017, according to the Statistics Centre – Abu Dhabi. The Education sector in the emirate of Abu Dhabi is one ...
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Manama / Emirates Business Under the patronage of His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, and under the supervision of His Highness Shaikh Abdullah bin Hamad Al Khalifa, Personal Representative of His Majesty the King and the Chairman of BIAS Supreme Organising Committee, the fifth edition of the Bahrain International Airshow 2018 (BIAS) ...
Read More »TIRANA / WAM The Albanian Parliament and the International Parliament for Tolerance and Peace (IPTP) honoured the late Sheikh Zayed bin Sultan Al Nahyan in Tirana, Albania. The members of the parliament stood in respect for the UAE Founding Father, in appreciation of his contributions to promoting tolerance and peace around the world, during the second session of the Albanian ...
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ABU DHABI / WAM The National Programme for Small and Medium-Sized Enterprises, the executive arm of small and medium-sized enterprises (SMEs), operating under the umbrella of the Ministry of Economy, organised an introductory workshop, in cooperation with European Business Network of the European Commission. The workshop, which was attended by over 25 representatives of funding institutions and organisations that support ...
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