News

SAO PAULO / WAM The Emirates Publishers’ Association (EPA) has delivered a panel discussion themed, “Preserving Culture in The Era of Mass Translation and E-Publishing,” at the 25th edition of the Sao Paulo International Book Fair. Speakers Tamer Saeed, Managing Director of Kalimat Group; Dr Alyazia Khalifa, Founder of Al Fulk Translation and Publishing; and Iman Ben Chaibah, Founder of ...

Dubai / Emirates Business Emirates is celebrating 15 years of successful operations to Auckland, New Zealand’s largest city. Since its inaugural flight in 2003, Emirates has carried over two million passengers to and from Auckland, connecting New Zealand to the world, with 21 flights a week to Dubai, Bali and beyond. Emirates began its services to Auckland with daily flights ...

DUBAI / WAM The Federal Competitiveness and Statistics Authority (FCSA) signed a partnership agreement with the Statistical Centre of the Gulf Cooperation Council for the Arab States of the Gulf (GCC-Stat) as it prepares to host the second UN World Data Forum in the UAE on October 22. The Memorandum of Understanding (MoU) was signed by Abdullah Nasser Lootah, Director-General ...

Abu Dhabi / Emirates Business In a bid to develop its operations and launch strategic initiatives that contribute to the Abu Dhabi Economic Vision 2030, Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, announced an upgrade in the tick size for stocks of companies with a share price of less than 1.00 AED. This announcement is in line ...

DUBAI / WAM Ibrahim Obaid Al Zaabi, Director-General of the Insurance Authority, said that Emiratisation is a vital national issue and requires cooperation between the public and private sectors and relevant institutions, as well as their greater efforts. Al Zaabi added that the authority is working hard to achieve the aspirations and directives of the UAE’s wise leadership with regards ...

DUBAI / WAM The transformation to a green economy needs fundamental cooperation of both the private and public-sector leaderships, and this responsibility will be highlighted at the annual World Green Economy Summit (WGES) 2018. WGES, which will be held October 24-25, will encourage political and corporate leaders to exchange views on how to best use their authority to engage society ...

Bloomberg Indra Nooyi is stepping down as chief executive officer of food and beverage giant PepsiCo Inc., handing the reins to a top lieutenant in a transition that will draw attention to the dearth of prominent female CEOs in corporate America. Nooyi, 62, will leave the role in October and remain chairman until early 2019. Ramon Laguarta, 54, who has ...

Bloomberg German manufacturers took a hit in June as a slide in overseas demand knocked factory orders amid escalating trade tensions. Orders fell 4 percent from the previous month — eight times as much as forecast in a Bloomberg survey of economists — and the 0.8 percent drop from a year ago was the first annual decline since 2016. The ...

Bloomberg Google’s plans for China are even more ambitious than previously understood. The internet giant is in talks with Tencent Holdings Ltd., Inspur Group and other Chinese companies to offer its cloud services in the world’s second-largest economy, according to people familiar with the discussions. The discussions began in early 2018 and Google narrowed partnership candidates to three firms in ...

Bloomberg Silicon Valley’s going old school. As tech companies like Facebook Inc. and Google vacuum up billions of dollars in online advertising, they’re pouring their own marketing dollars into billboards and other forms of outdoor signage. That’s driving growth in one of the oldest forms of marketing and is one reason why the category is the only traditional channel expected ...