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Bloomberg A unit of billionaire Li Ka-shing’s CK Hutchison Holdings Ltd. received a formal 79 billion rupee ($1.2 billion) tax bill from India over the company’s sale of its mobile-phone business in the country to a Vodafone Group Plc unit a decade ago. CK’s Hutchison Telecommunications International Ltd. received the penalty order from the Indian Tax Authorities on August 9, ...

Bloomberg Uber Technologies Inc. rolled out a free insurance programme for more than 450,000 drivers registered on its ride-hailing app in India to attract more drivers. The San Francisco-based company, which this week chose a new chief executive officer, said that it’s teaming up with ICICI Lombard General Insurance Co., the South Asian country’s largest private non-life insurer, to cover ...

Bloomberg Greenland Holdings Corp., China’s fourth-biggest developer by property sales, said it had overdue loans of $69.2 million in some units in the northeast province of Liaoning at the end of June, underscoring concerns about the company’s debt problems. Companies under Greenland’s unit in Liaoning had overdue short-term debt of 247.5 million yuan, as well as 210 million yuan in ...

DUBAI / WAM A total of AED151 billion ($41 billion)was invested by foreigners in Dubai property market in 18 months, according to the Dubai Land Department. The DLD revealed the figure while announcing a list of the top10 nationalities that invested in the emirate’s realty market between January 2016 and the end of June 2017. The new list confirms that ...

DUBAI / WAM A total of AED151 billion ($41 billion)was invested by foreigners in Dubai property market in 18 months, according to the Dubai Land Department. The DLD revealed the figure while announcing a list of the top10 nationalities that invested in the emirate’s realty market between January 2016 and the end of June 2017. The new list confirms that ...

Abu Dhabi / WAM HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said that the UAE, under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, is proud of the mothers of its martyrs, as they are honourable role models for Emirati daughters, because ...

Abu Dhabi / WAM Abu Dhabi has been named as the ‘Leading Overseas Luxury MICE Destination’ at the prestigious China Travel and Meeting Industry Awards held in Beijing, China. The emirate was nominated alongside over 40 destinations, including Las Vegas and France, and the award was presented to Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi), representatives at a ...

ABU DHABI / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, has corroborated the paramount importance of the National Strategy for Empowerment of Emirati Women in the UAE 2015-2021 which, she affirms, charts a clear-cut pathway for all state ...

Abu Dhabi / WAM HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation and President of the Supreme Council for Motherhood and Childhood, has sent a message to the mothers of the martyrs on the occasion of UAE Women’s Day. In a mobile text message, Her Highness Sheikha Fatima expressed her ...

Abu Dhabi / WAM HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, sent a text message to the mothers of the martyrs, and hailed their efforts, on the occasion of Emirati Women’s Day, as follows: “To our mothers, mothers of the martyrs.. with you, our homeland is ...