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SHARJAH / WAM His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council (SEC), chaired a meeting of the Council on Tuesday, at the Ruler’s Office in Sharjah, in the presence of His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah and ...

VIENNA / WAM The United Arab Emirates is taking part in the Annual week-long General Conference of the International Atomic Energy Agency (IAEA), at the organisation’s headquarters in Vienna, Austria. The UAE delegation, led by Hamad Ali Al-Ka’abi, Permanent Representative of the UAE to the IAEA, includes various national stakeholders in nuclear industry such as the UAE’s Federal Authority for ...

MUKALLA / WAM The Emirates Red Crescent (ERC), distributed a fresh consignment of food aid to 330 needy families in Al Rahba, Al Qariyah, Qaher, Al Quoz areas in Tarim district of the Hadramaut governorate, within the framework of its humanitarian project to support suffering families. The aid that was received by 1,650 persons from needy families included basic food ...

DUBAI / WAM Investment of more than $3.54 billion in cinema screens across the Gulf is expected to help the region’s cinema industry expand manifold following Saudi Arabia’s historic decision to open up the sector 35 years after cinemas were banned in the kingdom. The expansion of the region’s box offices and the industry’s evolution provides massive opportunities as well ...

SHARJAH / WAM The Sharjah Press Club of the Sharjah Government Media Bureau will host the fifth edition of the Arab Media Leaders Forum, an initiative by the Arab Media Forum Authority, on September 26 and 27, featuring more than a hundred leading journalists, media professionals, senior management and owners etc. The forum will open with the session titled, ‘The ...

Bloomberg Enbridge Inc. agreed to acquire the shares it doesn’t already own in three North American units for about $7.1 billion as the Canadian pipeline giant moves to simplify its corporate structure. The rollup of the so-called master limited partnerships will bring all of Enbridge’s core liquids and natural gas assets under the umbrella of a single publicly traded entity ...

Bloomberg In a meeting that was unthinkable 19 months ago, South Korea’s president will this week introduce the head of the country’s biggest conglomerate to North Korean leader Kim Jong-un in Pyongyang. The parley caps a remarkable period for Lee Jae-yong, vice chairman of Samsung Electronics Co., who since the start of 2017 has been arrested, tried and jailed before ...

Bloomberg India again deferred the imposition of retaliatory tariffs on some US imports, signaling its readiness to find a solution to avert a trade war in contrast to the path China has taken. The tariff plan has been deferred to November 2, according to a notification from the finance ministry. New Delhi had previously planned to levy higher tariffs effective ...

Bloomberg WuXi AppTec Co., the Chinese contract medical researcher, has submitted an application for a Hong Kong share sale, according to people with knowledge of the matter. The offering could raise more than $1 billion, the people said, asking not to be identified because the information is private. The Shanghai-listed shares of WuXi AppTec have nearly quadrupled since they began ...

Bloomberg Huatai Securities Co., China’s third-largest brokerage by market value, and Bluestar Adisseo Co. are among Chinese companies considering UK listings as authorities prepare a trading link between the two countries, people familiar with the matter said. Huatai, which has a market capitalisation of about $16 billion, has asked investment banks to pitch for a role on a potential sale ...