News

Al Ain / WAM The UAE Armed Forces will organise the third edition of the military show ‘Union Fortress 3’ to be held on February 24 in Al Ain city. The event aligns with the vision of the UAE leadership in highlighting the vital role played by the brave Armed Forces in preserving the security of the country, its nationals ...

Dubai / WAM Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and Leon Tossaint, CEO of European Foundation for Quality Management, EFQM, have signed a Memorandum of Understanding (MoU), to boost joint co-operation and co-ordination in areas of excellence and leadership in order to deliver their strategic objectives. The MoU also provides for sharing expertise and best practices. ...

Dubai / WAM The Higher Committee of Consumer Protection is ensuring continued coordination between all state departments concerned with the Value-Added Tax (VAT) to corroborate consumers’ confidence in the market stability and sound application of the tax and prevent any unjustifiable price hikes, Sultan bin Saeed Al Mansouri, Minister of Economy, has affirmed. The minister’s remarks came at a meeting of ...

Abu Dhabi / WAM More than 957 kilograms of marine debris waste were collected in just four hours during underwater clean-up campaign organised by the Environment Agency – Abu Dhabi (EAD), in coordination with the Emirates Diving Association (EDA), and other partners at the Mina Port near the Fishermen’s Wharf. Professional divers volunteered from several governmental and private entities, in ...

Beirut / WAM The Humanitarian and Development Affairs Attache at the UAE Embassy in Beirut launched the ‘UAE Response Campaign for Displaced Syrians – Winter 2018’. The campaign is in line with the Year of Zayed 2018, as declared by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Embassy’s media office said that the campaign would cover all ...

DUBAI / Emirates Business Al Ahli Holding Group (AAHG), the multi-diversified international conglomerate, unveiled the first edition of Women for Business, a multicultural CSR program designed by AAHG, in partnership with Union National Bank and La Rochelle Education Group, France to promote Emirati women entrepreneurs. The program commemorates the Year of Zayed initiative honouring the UAE founding father’s vision, achievements ...

Sharjah/ WAM The Sharjah Museums Authority signed a partnership agreement with the Barjeel Art Foundation to present a collection of works of fine art created by contemporary Arab artists from the Barjeel Art Foundation’s collection, over the next five years. The agreement was signed by Sheikh Sultan Saud Al Qasimi, founder and owner of the Barjeel Art Foundation, and Manal ...

Bloomberg Just as the US throws up new barriers to cross-border commerce, its largest trading partner China is redoubling its efforts to seal free-trade agreements. From deals with blocs including the Association of Southeast Asian Nations to bilaterals with tiny countries like the Maldives, China’s FTAs already cover 21 countries. That compares with the 20 countries covered by US agreements. ...

Bloomberg SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese company can take a stake without pushing foreign investment in PolicyBazaar above 49 percent, the limit under India’s regulatory policies, said one of ...

Bloomberg One of China’s top smartphone makers is targeting Japan for its next conquest. Oppo, which vanquished Apple Inc. and Xiaomi Corp. in just a few years to become No. 2 in its home market, will introduce its flagship R11s model next month, Deng Yuchen, chief of Japan operations, said. Oppo is aiming to reach a market position that matches ...