News

Dubai / WAM Regional and international experts on sustainable built environments will come together at the 7th Annual Emirates Green Building Council, EmiratesGBC, Congress to discuss best practices and strategies to go beyond net zero carbon buildings, and explore the significance of net zero cities in ensuring the viability and liveability of our cities in the future. Organised by EmiratesGBC, ...

Abu Dhabi / WAM The Khalifa Fund pavilion at the International Hunting and Equestrian Exhibition – Abu Dhabi 2018, has received an overwhelming response, evident in its high visitor and participant turnout. The fund’s participation at the event is in line with its strategy to promote entrepreneurship, support SMEs, foster national heritage and motivate Emirati entrepreneurs to create innovative enterprises ...

Dubai / WAM Dubai-based master developer Nakheel will launch new projects at prime locations across Dubai at next month’s Cityscape Global 2018, the company said on Wednesday. Nakheel said it will unveil a beachfront project at the new Deira Islands waterfront city and a new collection of townhouses – each with a private pool – at the high end Jumeirah ...

Abu Dhabi / WAM The UAE Space Agency has revealed that it is preparing a comprehensive strategy for investing in the UAE’s space sector, in cooperation with relevant authorities, which will be announced in October. Dr. Mohammed Nasser Al Ahbabi, Director-General of the UAE Space Agency, said that the strategy will help reinforce the contributions of the space sector to ...

Dubai / WAM Expo 2020 Dubai’s unique visitor experience will be enhanced, thanks to a new premier partnership with Mastercard that includes exploring the use of payment technologies from virtual reality to biometrics and voice shopping. The company was on Wednesday revealed as Expo 2020’s Official Payment Technology Partner at Mastercard’s ‘Connecting Tomorrow’ Forum in Barcelona, Spain. The partnership includes ...

Bloomberg India’s top court has refused to scrap the world’s largest biometric database, upholding the validity of the sprawling digital-identity program but imposing restrictions on its use — including preventing the government from sharing citizens’ data with private companies. Four out of five Supreme Court judges said the program is constitutionally sound for the distribution of state-sponsored welfare subsidies in ...

Bloomberg Singapore Press Holdings (SPH) and an arm of Keppel Corp. are considering making a general offer for the shares they don’t already own in the city-state’s smallest wireless operator, M1 Ltd., people with knowledge of the matter said. The pair has approached M1’s biggest shareholder, Malaysian carrier Axiata Group Bhd., about the potential transaction, the people said, asking not ...

Bloomberg China will cut import tariffs on goods including machinery, paper, textiles and construction materials from November 1, in a move that would lower costs for consumers and companies as a trade war with the US deepens. The decision will lower tariffs for 1,585 products, state radio reported, citing a meeting of the State Council. The combination of these and ...

Bloomberg Lupin Ltd. has started a strategic review of its Japanese operations, people with knowledge of the matter said, as the Indian pharmaceutical company seeks to focus on higher-growth areas. The Mumbai-based drugmaker is working with advisers as it explores options for the Japan business, according to the people, who asked not to be identified because the information is private. ...

Bloomberg How has the king of buy-and-hold investment fared in China? Not bad, based on a bet Warren Buffett made a decade ago. On September 26, 2008, Berkshire Hathaway Inc. agreed to buy what is now equivalent to 24.59 percent of BYD Co.’s Hong Kong-traded stock. Those shares in what is now China’s biggest maker of alternative-energy vehicles have soared ...