News

  Dubai / WAM The UAE in general, and Dubai in particular, is a global knowledge-based economy thanks to the vision of the wise leadership to spread a culture of reading in society, while establishing the UAE as a capital of content, culture and knowledge, promote Arabic as a language, and encourage reading. This is achieved by making books available to ...

  Kuwait / WAM Dr Manal Rafiq Ja’rour, Vice President of the Emirates Down Syndrome Association, has won the “”Ideal Mother Award for Intellectual Disabilities” in Kuwait. Aisha Al-Salem, Director of Al Kharafi Activity Kids Center in Kuwait, announced at a press conference the names of 19 mothers who won the “Ideal Mother Award for Intellectual Disabilities” from the State of ...

  Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) has become a part of the global #LightItUpBlue Initiative for the third consecutive year as part of the University’s month-long campaign to raise awareness about autism. The dome of the University’s campus will be lit blue throughout the month of April in a show of support for Autism Awareness Month. ...

  Abu Dhabi / WAM The Environmental Services team at the Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, concluded preparations on Saadiyat Island for the Hawksbill sea turtle nesting season. The critically endangered turtles are due to begin returning soon, and will be under the careful observation of TDIC’s experienced ...

  Bloomberg President Donald Trump has ordered a comprehensive study to identify every form of “trade abuse” that contributes to US deficits with foreign countries. “The theft of American prosperity will end,” Trump said at an Oval Office ceremony announcing the study, along with another directive to step up enforcement of existing trade penalties. “Thousands of factories have been stolen ...

  Reuters Inflation in the euro area slowed for the first time in nearly a year this month, which may reinforce the view among some European Central Bank policy makers that it’s too soon to start unwinding unconventional stimulus. The 1.5 percent rate of price growth in March was down from 2 percent in February and weaker than economists had ...

  Bloomberg It’s 2012 again for companies in the UK. The first quarter of this year was the busiest for mergers by volume and the slowest for initial public offerings since the same period in 2012, when Greece’s debt crisis weighed on investors and boards. This time round the UK is the center of attention. British Prime Minister Theresa May ...

  Bloomberg WSP Global Inc., the Canadian engineering firm helping to oversee the development of California’s $64 billion high-speed rail line, is looking for more US work through acquisitions. “If we find a transaction that makes sense, we will do it,” said Chief Executive Officer Alexandre L’Heureux. He is especially interested in deals that would bulk up the firm’s US ...

  Bloomberg The UK will raise 11.8 billion pounds ($14.7 billion) selling mortgages to Blackstone Group LP funds and Prudential Plc, as it takes another step toward clearing assets acquired from lenders that failed in the financial crisis. “This is a significant milestone,” Ian Hares, chief executive officer of UK Asset Resolution Ltd., the state agency that managed the sale, ...

  Bloomberg Some of Washington’s most persistent lobbyists are racking up big wins, as regulators, members of Congress and even President Donald Trump embrace priorities expressed by the biggest communications companies. Broadcasters are near to gaining renewed freedom to grow through mergers, and telephone providers are poised to dodge rate caps. Each step reverses policies from the Obama era. “It’s ...