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Dubai / WAM Over 1,000 school students from more than 80 private schools in Dubai will unite to celebrate the UAE National Sports Day and honour the legacy of the late Sheikh Zayed bin Sultan Al Nahyan as part of a major sporting event on Wednesday. The 15-kilometer torch relay will start from Etihad Museum at 08:30 on Wednesday, where ...

ABU DHABI / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, welcomed a high-level delegation from Albania at its headquarters. Headed by His Excellency Erion Veliaj, Mayor of Tirana, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explored potential areas of cooperation. His Excellency Ermal Dredha, ...

DUBAI / Emirates Business Dubai Wholesale City (DWSC) has signed an agreement with LuLu Group International, the top retailer in the Middle East, to set up a AED300 million Central Logistics Hub at the region’s largest fully integrated wholesale hub. Spanning an area of 1.3 million square feet, the central logistics hub is estimated to take shape within 30 months ...

Sharjah / WAM The Sharjah Airport Authority (SAA), obtained ISO10002: 2014 for Customer Satisfaction, relating to the charter of customer service and complaint management system. This achievement reflects SAA’s keenness to raise the level of its customer’s satisfaction by dealing with their complaints as soon as possible. The ISO certificate was given to Sharjah Airport Authority’s Medical Centre, after completing ...

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry hosted a workshop at its premises which provided Chamber members and businesses in Dubai with hands-on training in Google Analytics to boost website performance and improve return on investment of marketing campaigns. The training covered the basics of intelligent data collection and analysis, and educated companies on how to ...

Bloomberg The US will dominate global oil markets for years to come, satisfying 80 percent of global demand growth to 2020 as the shale boom keeps OPEC under pressure, the International Energy Agency said. “The US is set to put its stamp on global oil markets for the next five years,” IEA Executive Director Fatih Birol said in a report ...

CAIRO / Reuters Saudi Arabia and Egypt set up a $10 billion joint fund to develop a planned mega-city, committing more than 1,000 square kilometres in the south Sinai, as Crown Prince Mohammed bin Salman met President Abdel Fattah al-Sisi in Cairo. The deal came at the start of Crown Prince Mohammed’s first public trip abroad since becoming heir apparent ...

Bloomberg Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for writing software because self-driving cars require “millions and millions’’ of lines of computer code, according to James Kuffner, who’ll ...

Bloomberg China stepped up its push to curb financial risk, cutting its budget deficit target for the first time since 2012 and setting a growth goal of around 6.5 percent that omitted 2017’s aim for a faster pace if possible. The deficit target—released as Premier Li Keqiang delivered his annual report to the National People’s Congress in Beijing—was lowered to ...

Bloomberg PT Go-Jek Indonesia PT could become the country’s first-billion dollar startup to hold an initial public offering after the transport and technology company met with the nation’s equity market. Executives led by Go-Jek President Andre Soelistyo met with officials from the Indonesia Stock Exchange in Jakarta to discuss an IPO, Tito Sulistio, the bourse’s president, told reporters. While the ...