News

  Bloomberg Consumers across the globe donning gloves to do the dishes may soon feel the heat from rubber being burned on China’s roads. Surging car sales in China in the last few months have more than doubled the price of a little-known chemical called butadiene. The colorless gas, used for making synthetic rubber, has soared in tandem with rising ...

  Bloomberg China home prices increased last month in the fewest cities since January last year, signaling property curbs to deflate a potential housing bubble are taking effect. New-home prices, excluding government-subsidized housing, gained last month in 46 of the 70 cities tracked by the government, compared with 55 in November, the National Bureau of Statistics said. Prices dropped in ...

  Bloomberg Alphabet Inc.’s Google delivered a sharp message to staff travelling overseas who may be impacted by a new executive order on immigration from President Donald Trump: Get back to the US now. Google Chief Executive Officer Sundar Pichai slammed Trump’s move in a note to employees, telling them that over 100 company staff are affected by the order. ...

  LONDON / WAM The UAE has been chosen to host the Leading Seven Countries of the World for the Digital Transformation of Education Initiative this year, reinforcing its position as a world leader in technology in the field of education. The country has made great advancements in developing SMART learning programmes in a very short period. This has led ...

  Dubai / Emirates Business Hatta witnessed a 17.2% increase in the number of businesses during the 2012-2016 period and by the end of 2016 a total of 944 businesses were operating in the city, according to a report compiled by the Department of Economic Development (DED) in Dubai. Trading companies accounted for 76.8% – or 725 – of the ...

  Dubai / Emirates Business As part of its commitment to support innovation within government financial work, the Ministry of Finance (MoF) will organise, in cooperation with the International Monetary Fund (IMF), a seminar on finance technology services (FinTech). This seminar will coincide with the second day of the 5th World Government Summit 2017 held from 12-14 February 2017 in ...

  Abu Dhabi / WAM Dr Amal Abdullah Al Qubaisi, Speaker of Federal National Council (FNC), met with Nyabenda Pascal, President of the National Assembly of Burundi (NAB), and his accompanying delegation on Saturday. Dr Al Qubaisi discussed with the NAB President ways to enhance bilateral co-operation between the two countries, issues of mutual interest and means to strengthen parliamentary relations ...

  Dubai / WAM HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of Abu Dhabi Judicial Department, has issued a resolution setting up a Personal Status and Inheritance Court for non Muslims in Abu Dhabi. The move is in line with the strategic goals of the Abu Dhabi Judicial Department to enhance ...

  Dubai / WAM A delegation of the Dubai Women Establishment (DWE) recently visited Etihad Museum, following its official inauguration. During the visit, DWE representatives toured the museum through experience led-exhibitions which chronicle the events and the historical journey that led to the formation of the Union of the Emirates through photos, films, documentaries and collectibles. Shamsa Saleh, CEO of DWE ...

  Dubai / WAM A delegation of the Ministry of Climate Change and Environment (MOCCE), headed by Dr Thani Ahmed Al Zeyoudi, recently visited The Sustainable City, the first Net Zero Energy city, in Dubai. The visit was aimed at strengthening partnership ties between the Ministry of Climate Change and Environment and The Sustainable City, and follows the recent World Future ...