Bloomberg Google Chief Executive Officer Sundar Pichai, whose company drew the ire of senators for failing to send a top executive to a hearing earlier this month, has agreed to appear at another session on Capitol Hill. Pichai had a round of visits in Washington on Thursday and Friday, meeting with lawmakers and the White House’s top economic adviser. “This ...
Read More »News
Peugeot goes high style to win buyers in Robo-car era
Bloomberg Mass-market carmakers like Peugeot have a recurring nightmare: Their vehicles being relegated to transport hardware while apps provide the value that consumers care about. To counter this scenario, Peugeot is trying to prove that style will still matter with a show car that resembles the classic 504 Coupe from 1969. While the styling is retro, the technology is futuristic ...
Read More »UAE-UN entity deal to build Arab women’s capacities in military, peacekeeping fields
NEW YORK / WAM In the presence of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the UAE Ministry of Defence and the General Women’s Union – under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme ...
Read More »Southeast Asia could hit $5 trillion growth mark
Bloomberg Southeast Asia’s been home to almost half of the biggest growth drivers in the past half-century. To keep investors interested, it’ll have to make the right moves across technology, education and infrastructure, according to Diaan-Yi Lin, a senior partner at McKinsey & Co. Among 71 developing economies of the past half-century, 18 are responsible for the lion’s share of ...
Read More »Pakistan raises interest rate to highest in 3 years
Bloomberg Pakistan raised its key rate to the highest in three years, making it Asia’s most aggressive interest-rate hiker this year as the country’s finances continue to dwindle. The target policy rate was raised for the third straight meeting to 8.5 percent from 7.5 percent, the State Bank of Pakistan said in a statement on Saturday. The move was predicted ...
Read More »Dubai Customs, Japanese firms discuss ways to boost cooperation
DUBAI / WAM The Director of Dubai Customs, Ahmed Mahboob Musabih, has received a delegation comprising representatives of Japanese companies headed by the Japanese Consul-General to Dubai, Dr. Akima Umezawa. During the meeting, the parties discussed means of boosting economic cooperation between Japan and UAE and expanding cooperation with Japanese businesses and diplomatic missions. Musabih reaffirmed the importance of cooperating ...
Read More »Retailers briefed over ‘registration’ methods in Ajman
AJMAN / WAM The Federal Tax Authority (FTA), held an awareness session in the Emirate of Ajman for retailers and other representatives from the private sector in all Northern Emirates in collaboration with the chambers of commerce, introducing them to the simplified online procedures for registering in the Tax Refunds for Tourists Scheme. The FTA revealed a notable increase in ...
Read More »UAE, Ireland sign bilateral agreement on air transport
NEW YORK / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, continued holding bilateral meetings with his counterparts on the sidelines of the 73rd session of the United Nations General Assembly (UNGA 73), at the UN headquarters. His Highness met Ismail Ould Cheikh Ahmed, Minister of Foreign Affairs of Mauritania; Kang Kyung-wha, ...
Read More »UN chief lauds UAE’s humanitarian efforts
NEW YORK / WAM UN Secretary-General Antonio Guterres, received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, in New York. During the meeting, which took place on the sidelines of the 73rd session of the UN General Assembly (UNGA 73), the two sides reviewed regional developments, particularly in Yemen, Libya and Syria. Secretary-General ...
Read More »Reem Al Hashemy hosts We-Fi event in New York
NEW YORK / WAM Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation, has hosted a Women Entrepreneurs Finance Initiative, We-Fi, event on the sidelines of the 73rd session of the United Nations General Assembly (UNGA 73), in New York. We-Fi is a collaborative partnership among 14 governments, eight multilateral development banks, and other public and private sector ...
Read More »