News

SAO PAULO / WAM The UAE is marking the centenary of the birth of its founding father, the late Sheikh Zayed bin Sultan Al Nahyan, and Sharjah was seen dedicating a panel in its cultural programme for the Sao Paulo International Book Fair, to celebrate the truly remarkable life and achievements of the UAE’s greatest visionary. Titled ‘Year of Zayed’, ...

ADEN / WAM Moeen Abdul Malik, Yemen’s Minister of Public Works, praised the significant role played by the UAE and its humanitarian arm, the Emirates Red Crescent (ERC) in providing continuous support to his country. The minister’s remarks came during a meeting with Saeed Al Kaabi, Director of the UAE Humanitarian Operations, in which the two sides discussed the means ...

HODEIDAH / WAM Over 250,000 Yemenis, mostly women and children, have benefited from aid packages distributed by the Emirates Red Crescent (ERC) during the past 40 days, in response to the immediate humanitarian needs of the citizens in 39 districts in the liberated areas of Yemen’s Red Sea Coast. The aid included 40,300 food baskets, which were distributed as part ...

ABU DHABI / Emirates Business Ebtikar Card Systems, an Etisalat Group subsidiary, announced that its advanced production center in Ajman renewed Security Accreditation Scheme (SAS) certification from the global organization ‘Global System for Mobile Communications’ (GSMA). GSMA SAS qualification is the highest standard of safety and data protection in smart card industry. Currently, there are 30 SAS certified companies worldwide. ...

ABUJA / WAM Ways of advancing relations between the UAE and Nigeria and issues of mutual concern, with special emphasis on the judicial domain, were discussed at a meeting between UAE Ambassador to Nigeria, Fahd Obaid Mohammad Al Tafaq, and Nigeria’s Attorney-General of the Federation and Minister of Justice, Abubakar Malami. The Nigerian minister hailed the growing relations between the ...

Dubai / Emirates Business The SDGs and the upcoming UN World Data Forum were discussed in a meeting between DSG Amina Mohammed and Abdulla Lootah, DG of FCSA at the UN HQ in New York. In particular, how advanced technologies and data can be utilised to serve nations as they strive to achieve the Sustainable Development Goals (SDGs). Lootah discussed ...

ABU DHABI / WAM In line with its mission of encouraging innovation among the youth and promoting SMEs, Khalifa Fund for Enterprise Development has invited creative entrepreneurs to participate in the second edition of ‘Pitch@PalaceUAE’ and the first edition of ‘Pitch@PalaceGCC, a competition being held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

Bloomberg Teva Pharmaceutical Industries Ltd. plummeted the most in six months after US sales fell amid price erosion for generic drugs, the company’s biggest business. The 18 percent slump in overall second-quarter sales to $4.7 billion trailed analysts’ average estimate and was led by a decline in sales of copycat drugs in North America. Rapid approvals for generic medicines and ...

Bloomberg Falling prices and government mandates are set to boost sales of electric vehicles globally, making owning and operating charging infrastructure an attractive area for investment. Charging infrastructure in North America will draw $18.6 billion by 2030, according to a report by Wood Mackenzie Ltd. It’s not just North America that’s benefiting. There will be as many as 40 million ...

Bloomberg The latest US jobs report showed the kind of gains that justify the Federal Reserve’s plans to keep raising interest rates and also give central bankers little urgency to pick up the pace. Employers added workers at a steady, albeit cooler, pace in July, and the prior two months were revised higher, Labor Department figures showed. Wages extended their ...