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DUBAI / WAM The Federal Competitiveness and Statistics Authority (FCSA) has announced the signing of ten MoUs and strategic partnership agreements that aim to develop national capabilities in the field of statistics and accelerate the effort to meet the United Nation’s Sustainable Development Goals 2030 (SDGs). The announcement was made on the first day of the second UN World Data ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), is organising both the third Dubai Solar Show and the 20th Water, Energy, Technology, and Environment Exhibition (Wetex 2018), which will be held from October 23-25, at the Dubai International Convention and Exhibition Centre. Both events are organised under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

DUBAI / WAM Jebel Ali Free Zone (Jafza), is participating in SIAL 2018 in Paris this week, where it will highlight its strengths as the destination of choice for the food and beverage (F&B), as well as agri-food industries. DP World and Jafza are both participating in the five-day premier global F&B event, which started on October 21, as a ...

Bloomberg As China braces for the full impact of President Donald Trump’s trade war, it’s seeking to learn from Japan’s economic battles with the US during the Reagan years. Chinese officials, business people and academics have been pressing Japanese counterparts to share experiences from the 1980s, when Tokyo found itself in Washington’s crosshairs as its huge trade surplus and increasing ...

Bloomberg The cloud-computing arm of Chinese retail giant Alibaba Group Holding Ltd. opened its first data centers in the UK, with two sites operational in London. The expansion is “driven by the rapidly growing customer demand,” a spokesman for the company told Bloomberg. “The United Kingdom is one of the fastest-growing European markets for Alibaba Cloud.” Cloud-computing companies have been ...

Bloomberg Singapore plans to spur investment in much-needed infrastructure in Southeast Asia by helping to structure projects to make them more “bankable,” a senior official said. A new government agency called Infrastructure Asia will help connect the “supply and demand” for these projects, Indranee Rajah, Singapore’s second minister for finance, said. The Asian Development Bank estimates developing economies in Asia ...

Bloomberg Kazuhiko Moriyama is betting that well-rested workers are good for business. In fact, he’s placing real money on the wager. Employees who sleep at least six hours a night, for at least five days a week, are awarded points by Crazy Inc., a wedding organiser in Japan. The points can be exchanged for food in the company cafeteria worth ...

Bloomberg A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in the city’s Yau Tong Bay, according to people familiar with the matter. The group also includes Wheelock & Co., New World Development Co., Sun ...

Bloomberg Asia’s largest economy, China, has long had a reputation for smoggy skies. But these days, neighbouring India is fighting the far bigger battle with pollution: The South Asian country is home to the world’s 10 most polluted cities. India has long struggled to pull together the type of coordinated national approach that’s helped China reduce pollution. Prime Minister Narendra ...

Bloomberg US refiners are getting stung by President Donald Trump’s efforts to keep consumer prices from rising in the run up to the 2020 election. The Trump administration is seeking to slow the implementation in 2020 of tighter fuel restrictions on the global shipping industry. The rules, which would slash by more than 80 percent the sulfur allowed in fuel ...