News

Abu Dhabi / WAM The Ministry of Economy (MoE) and the Department of Economic Development- Abu Dhabi will be participating in the Hanover Industrial Fair, running on April 23-27 in Germany. The participation of Abu Dhabi in the European international industrial fair reflects the depth of economic relations with Germany, and comes to connect with world industry and technology giants, said ...

Dubai / WAM HH Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of Dubai Women Establishment (DWE) and wife of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has announced the second edition of The Innovative Leaders Programme in collaboration with the prestigious Ashridge-Hult International Business School. The programme, which is being ...

Dubai / WAM Dubai Land Department (DLD) has announced a number of new initiatives aimed to support the emirate’s economic diversification strategy by establishing Dubai’s real estate sector as the world’s leading property destination. The initiatives will see DLD developing a new mortgage and finance law in order to stimulate investment and streamline financial mechanisms in the real estate market. ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, met Etienne Schneider, Deputy Prime Minister and Minister of the Economy of Luxembourg on Saturday. They discussed bilateral relations and ways to enhance cooperation and partnership in various fields, including tourism, trade, aviation and space technology. Al Mansouri said trade between the two countries stood at $90 million ...

Berlin / WAM Abu Dhabi Department of Energy (DoE), took part in the 4th edition of Berlin Energy Transition Dialogue 2018 (BETD), organised by the German government in association with International Renewable Energy Alliance (REN Alliance), in Berlin, Germany. BETD is a platform for international public and private audiences to come together to discuss viable concepts for the ongoing global ...

Abu Dhabi / WAM Abu Dhabi Farmers’ Services Center (ADFSC) conducted about 200 thousand extension visits to Abu Dhabi farms during 2017, focusing on providing technical and guidance support to farm owners and workers, raising their awareness of the best agricultural practices, methods of modern agriculture and optimum water use, with the aim to help increase farm productivity and improve the ...

COLORADO / WAM A high level delegation representing the UAE Space Agency participated in the 34th Space Symposium, held this week in Colorado, USA. The Symposium brought together space leaders from different parts of the space sector including government, industry, and military experts from around the world. Led by Dr. Ahmad bin Abdullah Humaid Belhoul Al Falasi, Minister of State ...

Bloomberg The US and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause. The struggle for support is being waged worldwide, with its locus shifting this week to Washington and the semi-annual meetings of the International Monetary Fund (IMF). Behind the battle: an effort by ...

Bloomberg Takeda Pharmaceutical Co. sweetened its offer for drugmaker Shire Plc to more than $60 billion after three prior bids were rejected, wooing investors in the US company with a higher cash component. The Japanese company boosted its offer to 47 pounds ($65.84) a share from 46.50 pounds a share, confirming a Bloomberg News report that it was considering a ...

Bloomberg Asian technology stocks joined their peers in a global swoon after a disappointing sales outlook from Taiwan Semiconductor Manufacturing Co., Apple Inc.’s main chip supplier, rekindled concerns that the smartphone industry’s best days may be behind it. TSMC fell 6 percent — its biggest loss since July 2013 — after predicting current-quarter sales about a billion dollars less than ...