News

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that providing the best government services in the world is the standard and the main objective of every government entity in the UAE. “We want government entities to provide the best services in the world. This is ...

Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, celebrated its 18th anniversary on Tuesday and highlighted the market’s most notable and pioneering achievements at the local, regional and international levels since its inception which contributed to supporting the national economy and in attracting investments to the UAE. The ADX continues to develop its ...

Abu Dhabi / WAM The United Arab Emirates and the Kingdom of Saudi Arabia, have announced the launch of a new food aid initiative, ‘Imdaad’, in cooperation with the World Food Programme (WFP), and other international bodies, to combat famine in Yemen. Imdaad aims to provide necessary food supplies to 10-12 million Yemenis, including two million children, and will include ...

Abu Dhabi / WAM The Sawab Centre, a bilateral Emirati-American initiative to counter online extremist propaganda and promote positive alternatives, and the Organisation of Islamic Cooperation (OIC), have announced a new cooperative agreement to mutually enrich each organisation’s capabilities and to share information and best practices. The agreement, in the form of a Memorandum of Understanding (MoU), formalises the mutual ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has launched the initiative, “Zayed’s Beacons of Tolerance”, to serve UAE communities as knowledge hubs about the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan and his vision for tolerance, co-existence and cooperation. The announcement came on the sidelines of the Tolerance Beacons Forum organised ...

Abu Dhabi / WAM The capital city of Abu Dhabi will host the second edition of the India-UAE Strategic Conclave on November 27, under the patronage and in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance. The day-long conclave, to be held at the Grand Hyatt Abu Dhabi, will initiate a dialogue to widen the scope ...

Bloomberg Amid the worst crude-price environment in its history, the Canadian oil industry is being ham- strung by internal divisions that are making it harder to rally around potential solutions. That draws a stark contrast to the US, where a less divided industry wields more clout. Most notable is the split between Canada’s pure producers, who are being devastated by ...

Bloomberg Natural gas took a breather after its biggest gain in eight years as forecasts for lingering US cold spurred concern supplies may not be enough to meet winter demand. Gas for December delivery eased 3.1 percent in Asia after surging 18 percent to settle at $4.837 per million British thermal units, the highest since the “polar vortex” of early ...

Bloomberg JD.com Inc. founder Richard Liu is struggling to reassure investors of his e-commerce giant’s prospects amid rising competition and a global trade war, even as US prosecutors mull whether to charge him over rape allegations. JD’s ADRs slid 8.4 percent in US trading to the lowest in more than two years after a disappointing earnings report and Liu’s first ...

Bloomberg Bharti Airtel Ltd. is raising more than $2 billion in loans from banks, as India’s second-biggest wireless carrier faces increased competition at home and the threat of a ratings downgrade to junk. The company, controlled by billionaire Sunil Bharti Mittal, has agreed to two- and three-year bilateral loans with 10 to 12 lenders, according to people with knowledge of ...