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Abu Dhabi / WAM Sultan bin Saeed Al Mansoori, UAE Minister of Economy (MoE), and Steven Ciobo, Australia’s Minister for Trade, Tourism and Investment, met to discuss strengthening economic cooperation in sectors of mutual interest. The two ministers highlighted the latest developments regarding the implementation of recommendations and cooperative frameworks agreed on during the first session of their countries’ Joint ...

DUBAI / Emirates Business Dubai Business Women Council (DBWC) has marked the ‘Year of Zayed’ with the launch of a mentorship programme designed to honour the pioneering vision of Sheikh Zayed bin Sultan Al Nahyan, the Founding Father in the UAE, and facilitate the full participation of women across socio-economic life. As the UAE’s leading platform for the personal and ...

Abu Dhabi / WAM The Abu Dhabi University (ADU), launched three IT initiatives that will improve lecture capabilities and connectivity across its campuses in Abu Dhabi, Al Ain, and Dubai, as well as increasing communication efficiencies in different ways. The university has introduced a new concept of delivering collaborative architecture for inter-campus lectures to provide closer-to-real classroom experiences for students ...

Dubai / WAM Hussain Nasser Lootah, Director-General of Dubai Municipality, (DM) opened a photo exhibition on Monday about the late Sheikh Zayed bin Sultan Al Nahyan, the founder of the UAE, at the Municipality’s Al Kifaf Centre near Al Jafiliya Metro Station. The exhibition is part of Dubai Municipality’s plan to launch several initiatives in support of the Year of Zayed ...

Bloomberg China’s biggest electric-car maker will gain a stock market listing in an asset swap valuing the state-backed manufacturer at 28.8 billion yuan ($4.5 billion) and giving investors a bigger chance to participate in the world’s largest market for new-energy vehicles. One of BAIC Group’s publicly traded affiliates, Chengdu Qian Feng Electronics Co., will buy Beijing Electric Vehicle Co., also ...

Bloomberg An arm of China’s sovereign fund is competing with buyout firms in the bidding for Nature’s Care Manufacture Pty, as the Australian supplement brand’s owner makes a second attempt at a sale, people with knowledge of the matter said. China Jianyin Investment Ltd., a unit of state-run China Investment Corp. that’s known as JIC, is among suitors invited to ...

Bloomberg Wanda Hotel Development Co. corrected a statement on a planned sale of assets that had appeared to contradict an English-language version of an announcement at the unit of billionaire Wang Jianlin’s property-to-entertainment conglomerate. The Chinese-language announcement of a pending acquisition was mistaken and should have referred to a “very substantial disposal”, the hotel unit said in a Hong Kong ...

Bloomberg SoftBank Group Corp. is nearing a deal to invest about $400 million in Ping An Insurance (Group) Co.’s health-care portal ahead of the Chinese company’s initial public offering, people with knowledge of the matter said. The Ping An unit, known as Good Doctor, aims to file an IPO application with the Hong Kong stock exchange as soon as the ...

Bloomberg Offshore bonds volumes from India are set to gather pace after a banner year as companies tap the lowest borrowing costs in a decade to pay for buying assets locally and abroad. That’s the view of Citigroup Inc., which forecasts sales of debt denominated in US dollar, euro and yen in 2018 to be as good as last year ...

Bloomberg Singapore should remain open to adjusting levels of foreign workers while not threatening job and wage opportunities for native residents, Monetary Authority of Singapore Managing Director Ravi Menon said. “It is not about how many foreign workers industry wants or society can afford to have, but what number and kind of foreign workers we need to maximise the job ...