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DUBAI / WAM The Board of Directors of the Sheikh Zayed Housing Programme has approved at its meeting in Dubai on Wednesday chaired by Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Board of Directors of the Sheikh Zayed Housing Programme, the names of 300 citizens who are eligible for residential support, valued ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that realising the UAE’s objective of achieving the highest ranking in every sphere requires players across sectors to work together to develop and implement a happiness-centred development model. His Highness’s remark came as he received a number of ...

Dubai / WAM The Dubai Chamber of Commerce and Industry’s Board of Directors on Wednesday discussed strategic decisions, initiatives and efforts aimed at attracting foreign investment to the UAE and enhancing the competitiveness of Dubai’s private sector. This came during board meeting, chaired by Majid Saif Al Ghurair, Dubai Chamber Chairman, focused on major initiatives which were recently announced by His ...

Abu Dhabi / WAM The Federal Customs Authority (FCA), the Anti-Narcotics Federal General Directorate of the Ministry of Interior and local customs departments from around the country have discussed, during a meeting that was held at the FCA’s headquarters in Dubai, the means of strengthening their cooperation in combatting drugs and protecting the community from its negative effects. The meeting ...

Dubai / WAM Dubai Customs participated in Shenzhen Security Summit in China. Ahmed Mahboob Musabih, Director of Dubai Customs and Younis Othman, IT Director attended the event. The participation aimed at learning about the best practices in security that can help protect borders and entry points, control and monitor passenger traffic and implement latest techniques in risk management. Dubai Customs ...

Ras Al Khaimah / Emirates Business With proven hydrocarbon reserves in place, diverse exploration plays, easily accessible existing infrastructure, attractive production sharing terms and commercialization plans, plus a team of international experts already working on the ground, the tendering process to explore for oil and gas resources in Ras Al Khaimah has received positive interest on a global scale. Launched ...

Bloomberg Santos Ltd. rejected Harbour Energy Ltd.’s $10.9 billion final offer and terminated talks. The Australian oil and gas producer said its independent directors, managing director and chief executive officer unanimously decided to reject the proposal because it didn’t represent the full value of the company. Oil prices and shares of its peers traded in Australia have rallied 14 percent ...

Bloomberg ZTE Corp. is estimating losses of at least $3.1 billion from a US technology ban that’s halted major operations as clients pull out of deals and expenses mount, people familiar with the matter said. The telecoms gear and smartphone maker however is hopeful of striking a deal soon and already has a plan in place — dubbed “T0” — ...

Bloomberg Jaguar Land Rover will spend about 4.5 billion pounds ($5.3 billion) in the current financial year on new models and technologies as the luxury carmaker looks to spur sales that grew at a slower pace. “We will continue with over-proportional investment in new vehicles, manufacturing facilities and next generation automotive technologies in line with our autonomous, connected, electric and ...

Bloomberg A day after China delivered on its promise to cut auto import tariffs, Tesla Inc. lowered prices in the country by about 6 percent, passing on some of the savings to consumers as competition heats up in the world’s largest electric-car market. The price of a Model S has been reduced to as low as $111,000 and the Model ...