News

UAE leaders mourn death of Sheikha Hessa

Abu Dhabi / WAM Sheikha Hessa bint Mohammed bin Khalifa Al Nahyan, mother of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, passed away on Sunday. The President receives condolence messages from UAE Rulers, world leaders and other prominent personalities on the passing away of his mother. Sultan bin Zayed His Highness Sheikh Sultan bin Zayed Al Nahyan, the ...

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ADGM to sign MoU with CNDP on data protection

Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), is hosting its first annual Data Protection Forum on Sunday, which coincides with the International Data Protection Day. During the forum, ADGM will sign a Memorandum of Understanding, MoU, with The National Commission for the Control of the Protection of Personal Data (CNDP), Morocco. The MoU will facilitate ongoing collaboration between ...

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Abu Dhabi Chamber, Tokyo SME centre to enhance cooperation

Abu Dhabi / WAM Ibrahim Ismail Fateh Ali Al Khaja, member of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry and Chairman of the Professional Sector Committee at the Chamber, met Kazumasa Susaki, Director-General of the Tokyo SME Support Centre, and his accompanying delegation, where they discussed opportunities for cooperation between both the chamber and ...

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GCC healthcare projects value tops $61bn

Dubai / Emirates Business The total value of 707 healthcare projects exceeded AED 223.50 billion ($60.9 billion) in January 2018, according to the latest GCC Construction Intelligence report issued by BNC Network, the largest and most comprehensive construction intelligence platform in the Middle East and North Africa (MENA) region. Of these, 445 projects worth $51.9 billion (AED190.47 billion) are hospital ...

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FNC reviews FEWA policy

Dubai / WAM The Federal National Council’s Technology, Energy and Mineral Resources Affairs Committee continued discussing the policy of the Federal Electricity and Water Authority (FEWA), at its meeting on Sunday, chaired by Mohammed Ali Al Kamali, Chairman of the Committee, at the FNC General Secretariat in Dubai. The committee reviewed FEWA’s policy based upon three concerns: the authority’s strategic ...

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GulfNav to acquire majority stake in Atlantic Navigation

Dubai / Emirates Business Gulf Navigation Holding PJSC (GulfNav) announces that it is in discussion to acquire a majority stake in Atlantic Navigation Holdings (Singapore) Limited (‘Atlantic’). Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. We operate out of the UAE serving primarily customers in the ...

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Europe approaches trade deal despite barriers

Bloomberg Europe is approaching the next stop in its global market-opening drive aimed at countering US President Donald Trump’s protectionist tilt. Top officials from the European Union will meet with the Mercosur group of Argentina, Brazil, Paraguay and Uruguay on January 30 in Brussels to gauge the prospects for a free-trade deal that would follow groundbreaking commercial pacts with Japan ...

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‘Fiat Chrysler-UAW contracts not tainted’

Bloomberg The president of the United Auto Workers denied that contracts with Fiat Chrysler Automobiles NV were tainted by a scheme in which top labour negotiators were enriching themselves from a union training fund. In a letter to UAW members, President Dennis Williams said Fiat Chrysler’s former top labour negotiator “by his own admission is a crook and a liar.” ...

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Alphabet launches new cybersecurity unit

Bloomberg Google has a new sister: Parent company Alphabet Inc. announced the formation of a new subsidiary company, called Chronicle, focussed on cybersecurity. Chronicle was formed in 2016 inside of X, Alphabet’s experimental lab that has produced its driverless car effort, Waymo, and projects on drones, internet connectivity and the Google Glass headset. In the announcement, the new company stressed ...

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