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Abu Dhabi / WAM Aadnoc Distribution, the UAE’s largest fuel and convenience retailer, has released early results from a free trial period of ADNOC Flex which shows customers are embracing the new choice of fueling services. Twenty service stations in Abu Dhabi began a free trial period last Wednesday, where a Premium Service and a Self-Serve option is offered, while ...

Dubai / WAM The governments of the UAE and India on Monday announced the launch of a new strategic partnership focused on skills development and mutual recognition of qualifications. The partnership was launched at a forum in Dubai, organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), supported by the UAE’s Ministry of Human Resources and Emiratisation ...

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC), will host the BETT MEA Leadership Summit, region’s leading gathering of senior education leaders and international experts, at the Abu Dhabi National Exhibition Centre from April 23-24. Held under the patronage of HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, BETT MEA will ...

Abu Dhabi / WAM Abu Dhabi Quality and Conformity Council (QCC), announced the Q1 inspection results for products, measurement scales and pre-packaged products in Abu Dhabi markets, from January 1 to March 31. During the ongoing inspections carried out by the council’s market surveillance team, 18,672 samples of various products being traded were inspected, including toys, electrical appliances, tires and ...

Dubai / WAM Innovative Hyperloop connections could reduce travel times between Dubai International Airport (DXB) and Al Maktoum International Airport (DWC) by around 34 minutes at some stage in the future, according to expert panelists speaking on Arabian Travel Market’s Global Stage. Providing a lightening-speed Hyperloop transit system would allow airport passengers to travel between both airports in as little ...

Bloomberg French oil giant Total SA said last month it had acquired Marathon Oil Corp.’s assets in Libya in a $450 million deal. Not so fast, says the country’s state energy company. Libya’s National Oil Corp. hasn’t yet approved the transaction and is “discussing arrangements” for the proposed sale with the country’s presidency council, Chairman Mustafa Sanalla said on Monday. ...

Bloomberg A smartphone in India cost more than $200 just two years ago. Now you can get a decent phone for nothing but a refundable deposit of $23. Data packages are cheap, and a startup company even throws in free voice calls for life. For this, consumers can thank Mukesh Ambani, a 61-year-old petrochemicals titan who is the country’s richest ...

Bloomberg UD Trucks, a Japanese subsidiary of Swedish truckmaker Volvo AB, plans to introduce electric and autonomous trucks within the next two years, joining global rivals in developing driverless technologies to ease a labour shortage. The Japanese company will display autonomous and electric-drive prototypes this year, targeting field and customer trials ahead of the Tokyo Motor Show in 2019, UD ...

Bloomberg Elliott Management Corp., which earlier this month announced it bought about $1 billion in shares of units of Hyundai Motor Group, stepped up its pressure on the South Korean conglomerate by making demands ranging from higher dividends to restructuring the group under a holding company. Elliott’s proposals, which include combining Hyundai Motor Co. with Hyundai Mobis Co. and raising ...

Bloomberg Toshiba Corp. is all but guaranteed to miss a May 1 deadline to sell its memory chips business to a Bain Capital-led group, people familiar with the matter said, raising the chances it may consider other options that could yield billions of additional dollars for the unit. Chinese regulators are now conducting a third review of the deal, which ...