News

  Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, was briefed on the latest developments on the ground regarding operation ‘Restoring Hope’ in Yemen during a meeting on Monday with Commander of the Joint Special Operations of the Saudi-led Arab Coalition, Prince Major ...

  Abu Dhabi / WAM The Abu Dhabi Securities Exchange (ADX) deployed a cost-effective, cutting-edge technology to streamline financial transactions and ensure efficiency. ADX CEO Rashed Al Blooshi has said that deployment of ‘Blockchain’ technology is part of the innovation culture adopted by ADX in compliance with Abu Dhabi Economic Vision 2030. “Blockchain is the most innovative technology in areas of ...

  Abu Dhabi / WAM The 27th Abu Dhabi International Book Fair (ADIBF) which will take place from April 26 to May 2 at the Abu Dhabi National Exhibition Centre (ADNEC) will feature a unique cultural programme that will cover several aspects of change and transformations that have influenced the Arab cultural landscape in recent years. In several specialised seminars, the ...

  Abu Dhabi / WAM India is keenly interested in bolstering its strong relations with the UAE especially in light of the broad prospects for bilateral cooperation, regional and fast-paced international developments and shifts, according to the Indian Minister of State for External Affairs, M J Akbar. The two countries need further co-ordination and understanding in order to face challenges posed ...

  Dubai / WAM The Dubai Roads and Transport Authority (RTA) reaffirmed its commitment to keep upgrading its innovation drive, taking into account people’s happiness as the main objective through a variety of smart and electronic services it delivers to the public from different social segments. Nasser Hamad BuSehab, CEO of RTA’s Strategy and Corporate Governance Sector, and Rob Wallis, CEO ...

  Bloomberg Volkswagen AG is making progress settling US legal claims from its emission-cheating scandal, but one challenge looms unresolved: What to do with the hundreds of thousands of diesel cars it is being forced to buy back? The German automaker agreed last year to buy back about 500,000 diesels that it rigged to pass US emissions tests if it ...

  MONTPELIER / AP A request by the state of Massachusetts for a supply of clean, renewable electricity could give a boost to proposals to carry Canadian renewable energy to southern New England via proposed transmission lines in Vermont, New Hampshire and Maine. There are a handful of proposals across the three states designed to help energy-hungry states Massachusetts, Rhode ...

  WASHINGTON / AP Something new is happening in a health care debate dominated for seven years by the twists and turns of Barack Obama’s signature law. The focus has shifted to ideas from President Donald Trump and GOP lawmakers in Congress, and most people don’t like what they see. With Republicans in command, their health care proposals as currently ...

  Bloomberg A quarter of all miles driven in the US could be in shared, self-driving electric cars by the end of the next decade, setting off a seismic shift that will upend the auto industry, according to a study on the rise of the autonomous age. A convergence of three trends — ride sharing, autonomous driving and vehicle electrification ...

  Bloomberg Summer may be a few months away but oil investors are already getting their hopes up that American drivers will do their part to rebalance the market. Hedge funds increased bets on higher West Texas Intermediate crude prices for the first time in six weeks, shrugging off rising US supplies, as the coming driving season is expected to ...