Bloomberg Microsoft Corp.’s Chief Executive Officer Satya Nadella called for national privacy legislation, days after Google became the latest tech giant to reveal a security flaw, potentially exposing personal data. “We hope that there’s more of a national privacy law,†Nadella said in an interview with Bloomberg News at the US Naval Academy in Annapolis, Maryland, where he discussed leadership ...
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US inflation trails estimates as used-car prices tumble
Bloomberg A gauge of underlying US inflation was below estimates in September as used-car costs fell and housing rents cooled, signalling that price gains may remain close to where Federal Reserve policy makers want them amid an outlook for continued gradual interest-rate hikes. Excluding volatile food and energy costs, the core consumer price index rose 2.2 percent in September from ...
Read More »UAE has become an international symbol of tolerance: Sheikh Nahyan
ASTANA / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister for Tolerance, said that the UAE, since its establishment by the late Sheikh Zayed bin Sultan Al Nahyan, has become a regional and international symbol of tolerance and humanitarian coexistence, through its initiatives and efforts to support international organisations that call for tolerance, love and peace around the world. He ...
Read More »UAE, Spain boost collaborations in healthcare
MADRID / WAM The UAE Embassy in Spain has signed an agreement with the country’s four leading healthcare providers to facilitate knowledge-sharing and exchange of expertise in the healthcare sector. Dr Hissa Abdullah Al Otaiba, UAE Ambassador to Spain, signed the agreement on behalf of the government. The agreement includes facilitating mutual exchange of knowledge and expertise in different medical ...
Read More »Oil demand reaching record high: Al Jaber
ABU DHABI / WAM There are opportunities for expansion, investment and growth in the oil and gas industry, as demand for energy continues to rise, particularly from the high-growth economies of Asia, according to Dr Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (Adnoc). Speaking in London at the 39th ...
Read More »New sister port pact to enhance UAE-US trade
SHARJAH/ WAM Gulftainer hosted the signing of a sister port agreement between the Department of Seaports & Customs of the Government of Sharjah and the Diamond State Port Corporation (DSPC), a corporate entity of the State of Delaware, USA. Under the terms of the partnership, the two entities are mandated to cooperate in the development of international trade and logistics, ...
Read More »Masdar inks region’s first green facility to spur sustainability
Abu Dhabi / WAM Masdar, Abu Dhabi Future Energy Company, has signed a green Revolving Credit Facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects. The facility, which is the first green RCF in the Middle East, has been arranged with the UAE’s ...
Read More »UAE, Austria to boost economic, commercial and investment ties
DUBAI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy and Hartwig Loger, Austrian Minister of Finance have discussed means of strengthening the overall economic, commercial and investment cooperation between the UAE and Austria. During the meeting, which was held at the premises of the Ministry of Economy in Dubai, they also discussed other key issues, such as exchanging ...
Read More »47th UAE National Day’s official celebrations to mark Founder’s legacy
ABU DHABI / WAM The official 47th UAE National Day celebration – named ‘This is Zayed. This is the UAE’ – will take place at Zayed Sports City Stadium on December 2, the Supreme Organising Committee of the 47th UAE National Day Anniversary Celebration announced on Wednesday. For one night only, over 22,000 spectators will get to be part of ...
Read More »World Bank delegation visits DED-Abu Dhabi
Abu Dhabi / WAM A World Bank delegation has been posted on the mechanism of work developed by the Department of Economic Development- Abu Dhabi (DED – Abu Dhabi) in collaboration with the Abu Dhabi Competitiveness Office to prepare the Doing Business Report 2019. This came as the delegation visited the DED premises on Wednesday as part of their mission to ...
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