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Abu Dhabi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, is leading a 107-member delegation of the UAE to the 73rd session of the UN General Assembly (UNGA 73). Sheikh Abdullah bin Zayed will address the General Assembly on September 29. The regular session, opened by Maria Fernanda Espinosa Garces, President of the ...

Dubai / Emirates Business Emirates on Sunday operated a special one-off A380 service to Riyadh in celebration of the Kingdom of Saudi Arabia’s 88th National Day. Upon landing at 1550hrs at King Khalid International Airport, the aircraft was met with a ceremonial water cannon salute. The A380 one-off service, which operated as a full flight of 519 passengers, was proudly ...

Dubai / WAM The World Green Economy Summit (WGES 2018), is set to emphasise the role of young men and women in global efforts to build a green economy when it opens in Dubai, from October 24-25. Organisers of WGES made the announcement as the UAE joins the worldwide celebration of the United Nations’ International Youth Day, marked on August 12, ...

Bloomberg The debacle over Canada’s oil pipeline nationalisation and trade tensions with the US won’t affect the final investment decision on Royal Dutch Shell Plc’s C$40 billion ($31 billion) liquefied natural gas project, according to the head of the venture. Shell-led LNG Canada proposes to export as much as 26 million tons per year to Asia, making it potentially the ...

Bloomberg Neoen SA, the renewable energy project developer controlled by French billionaire Jacques Veyrat, plans to raise about $525 million in an initial public offerin. The company will use the proceeds to fund its plans to add capacity at its power plants, Paris-based Neoen said.

Bloomberg The smoking towers of the Port Talbot steelworks have dominated the South Wales skyline for more than a century. If they’re to continue to do so for decades to come, they’ll need to make more money. The past decade has seen some of the most traumatic years for the plant. Hurt by the global financial crisis and then by ...

Bloomberg Kumar Mangalam Birla, the billionaire chairman of the acquisitive Indian conglomerate that bears his name, said he’s hungry for more deals after creating the nation’s biggest mobile-phone operator. His Aditya Birla Group continues to look for targets in the US, Europe and India that make business sense and are likely to add value, the 51-year-old said at Bloomberg’s India ...

Bloomberg India, the world’s top sugar producer after Brazil, is considering a proposal to provide 45 billion rupees ($617 million) assistance to sugar mills to boost exports and cut domestic surplus next year. The government plans to provide a subsidy of 13.88 rupees per 100 kilograms of cane to sugar mills in the year starting from October 1, compared with ...

Bloomberg One of the top 10 shareholders in Japanese drugmaker Takeda Pharmaceutical Co. is “skeptical” on the value that will be created from the group’s $62 billion takeover of rare disease specialist Shire Plc, the Sunday Times reported, citing the unidentified investor. The deal, the biggest in Osaka-based Takeda’s history, has already faced opposition from a group of investors that ...

Bloomberg Still bruised from a typhoon that grounded hundreds of flights, Hong Kong’s status as Asia’s top aviation hub faces a new threat: Chinese bullet trains. The world’s longest high-speed rail network extends to downtown Hong Kong starting on Sunday, providing a direct connection to 44 mainland destinations. With the addition of services from Guangzhou and Shenzhen — the major ...