JOHANNESBURG / AP Wildlife traffickers in a major African park have been offering rewards for a full lion carcass, raising concerns that poachers are increasingly targeting a vulnerable species because of demand in some Asian countries for lion bones used in traditional medicine. The report from Mozambique’s Niassa National Reserve comes amid debate about whether the legal, annual export ...
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Environmental concerns prompt Vietnam to hit investment brakes
Bloomberg To Nguyen Tan Phong, a farmer in Vietnam’s Mekong Delta, the foreign-owned paper mill built upriver from his catfish ponds was an ecological disaster waiting to happen. Phong feared a repeat of last year’s toxic spill from a steel plant owned by Taiwan’s Formosa Plastics Corp. that devastated central coast fishing communities and cut annual economic growth by ...
Read More »Key Safety preferred bidder for Takata
Bloomberg Chinese-owned Key Safety Systems Inc. has emerged as the leading bidder for Takata Corp., the embattled air-bag maker that’s seeking a buyer after causing the biggest safety recall in automotive history. An external committee appointed to spearhead Takata’s restructuring recommends Key Safety, the Tokyo-based supplier said in a statement, adding that no final decision has been made. Key ...
Read More »Toyota bets $10.7bn on Hydrogen
Bloomberg Toyota Motor Corp. and four of its biggest car-making peers are joining oil and gas giants including Royal Dutch Shell Plc and Total SA with plans to invest a combined 10 billion euros ($10.7 billion) in hydrogen-related products within five years. In all, 13 energy, transport and industrial companies are forming a hydrogen council to consult with policy ...
Read More »India mulls easing FDI limits
Bloomberg India is planning to allow more foreign investment by relaxing limits in various industries in the year starting April 1 to help regain its lost position as the world’s fastest growing major economy. The government will make it easier for foreign companies to seek approval and could ask ministries to clear investment proposals, Economic Affairs Secretary Shaktikanta Das ...
Read More »Mohamed meets Egypt foreign minister
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, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, who is currently visiting the country, at Qasr Al-Shati (Beach Palace) on Saturday. Sheikh Mohamed welcomed Egyptian Foreign Minister and discussed ways ...
Read More »Hamdan bin Zayed inspects AED5.3bn Al Mafraq-Al Ghweifat highway project
WESTERN REGION / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region, inspected the progress of the AED5.3 billion Al Mafraq-Al Ghweifat highway project, whose first phase was completed in 2016. Sheikh Hamdan stressed the interest of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the support of His Highness Sheikh Mohamed ...
Read More »Dubai Silicon Oasis, Korea team discuss synergies in technology
Dubai / Emirates Business Dr Mohammed Alzarooni, Vice Chairman and CEO of Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), the integrated free zone technology park, received a high-ranking delegation from the Republic of Korea led by Dr Yanghee Choi, Minister of Science, ICT and Future Planning. The meeting at the DSO headquarters explored ...
Read More »UAE, Egypt discuss ways to strengthen bilateral relations
Abu Dhabi /Â WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, in his office at the ministry here on Saturday. During the meeting, they discussed bilateral co-operation between their countries and ways to strengthen it, besides exchanging views on the latest ...
Read More »AMAF provides over AED1.5mn to support healthcare services
Abu Dhabi /Â WAM Awqaf and Minors Affairs Foundation (AMAF) has provided donations of over AED1.5 million to several health-related causes as part of its efforts to enhance healthcare services in the UAE in line with its comprehensive endowment vision. The funds came from the endowment of Ahmad Mohammad Beghlaf, dedicated to supplying essential equipment to hospitals and medical centres ...
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