Bloomberg Netflix Inc is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher. After a stumble with its previous results, the world’s largest paid online TV network added far more subscribers than analysts expected in the third quarter. Netflix also issued an upbeat outlook for ...
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UAE key point in giving food supplies to region
ABU DHABI / WAM Khalifa Ahmed Al Ali, Managing Director of the Food Security Centre, emphasised that the UAE has become a key point in providing food supplies to the region, while revealing that the country is 33rd in world food security rankings. In his statement to the Emirates News Agency (WAM), Al Ali said that World Food Day — ...
Read More »Abu Dhabi boat show kicks off on Wednesday
Abu Dhabi / Emirates Business The inaugural edition of the Abu Dhabi International Boat Show (ADIBS), hosted to be organised by Abu Dhabi National Exhibitions Company (Adnec), will kick off on Wednesday under the patronage of HH Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation and ...
Read More »Abu Dhabi fund earmarks $3bn for education, health
ABU DHABI / Emirates Business In a bid to elevate the standard of living in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has highlighted its allocation of nearly AED11 billion ($2.99 billion) towards development projects in the education as well as healthcare sectors. In its report marking International ...
Read More »Etihad, Tadweer plan to turn waste into jet fuel
ABU DHABI / WAM Etihad Airways and Abu Dhabi Waste Management Centre (Tadweer) are set to collaborate on a research pro-ject to explore how municipal waste can be converted into jet fuel. The project aims to use final jet fuel on Etihad Airways’ flights. Etihad and Tadweer signed a Memorandum of Understanding on Etihad’s premises. Mohammad Al Bulooki, Chief Operating ...
Read More »WTO must confront China over trade abuses, says US
Bloomberg US and Chinese officials clashed in Geneva on Tuesday as the world’s two largest economies disagreed over how to reform the global trading system. Deputy US Trade Representative Dennis Shea said the World Trade Organization (WTO) must confront China’s trade abuses while rethinking its preferential rights as a developing nation. Chinese Ambassador Zhang Xiangchen countered that “no one can ...
Read More »Alef Education launches its first project in US city
ABU DHABI / WAM Alef Education, a UAE-based education technology company, announced the launch of its innovative Alef education system in the United States. The system will be used at Harlem Children’s Zone (HCZ), schools in New York city, starting from October 15. Alef education system brings together a blend of the latest technology and pedagogical approaches geared towards learners ...
Read More »Azimut Yachts to showcase luxury models at ADIBS
Dubai / Emirates Business Azimut Yachts, the world’s leading luxury yachts manufacturer with seven offices in the Middle East, including the UAE, will be making its debut at the Abu Dhabi International Boat Show (ADIBS) taking place from October 17-20 this year. Held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of ...
Read More »Dafza has a strategic role to play in attracting FDI to Dubai
DUBAI / WAM The Dubai Airport Freezone Authority (Dafza) showcased the development of new investments and initiatives delivered at the Gitex Technology Week, which is currently being held at the Dubai World Trade Center (DWTC). The free zone authority showcased the advantages of the new services and the investment benefits they offer to regional and international companies. During the event, ...
Read More »VP launches Arab world’s largest e-learning platform
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday launched ‘Madrasa’, the largest free e-learning platform in the Arab world, a revolutionary new project under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI). The platform offers 5,000 Arabic educational videos on ...
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