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  Dubai / WAM Whatever its size or power, no country today can exist autonomously, said President of Senegal Macky Sall speaking on the worries of a slow-down in trade on the back of protectionist sentiments in the United States. “It would be a mistake to fall back on our own economies because economies are interdependent. Capital, goods and people are ...

  Chisinau / Emirates Business Eng. Sultan bin Saeed Al Mansouri, Minister of Economy, recently met Moldovan Prime Minister Pavel Filip as part of an extended high-level Emirati visit to Moldova. Representatives from the government and the private sector, investors, and entrepreneurs invited to attend the UAE-Moldova Business Forum were also present during the meeting set to discuss potential collaborative ...

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Sunday its preliminary financial results for full-year 2016. The company reported a net profit of AED 205 million for this year, a significant turnaround back into strong profit. Commenting on the strong results, Shaikh ...

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) concluded the seventh annual Sharjah Light Festival in a ceremony held at University City Hall. The ceremony was attended by Sheikh Sultan bin Ahmed Al Qasimi, Chairman of Sharjah Media Corporation and Chairman of Sharjah Media Centre; Sheikha Bodour bint Sultan bin Muhammad Al Qasimi, Chairperson of ...

  Dubai / Emirates Business Dubai Chamber of Commerce and Industry has announced that it has launched “Dubai-Opoly”, a new recreational game as part of its efforts to promote Dubai as a global hub for business and trade. Modelled after the world-famous “Monopoly” board game, Dubai-Opoly will soon hit store shelves in the UAE and GCC region, and feature some ...

  Dubai / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, on Sunday announced it has contributed AED 1.72 million from its charity fund to the UAE’s Ministry of Health & Prevention, (MOHAP) to support the purchase of 37 life-saving emergency devices, including defibrillators and adhesive pads, which are used to deliver electric shocks ...

  Dubai / Emirates Business As part of its continuous efforts to support the “Year of Giving” initiative in the UAE, Waiwera water, the world’s leading artesian water brand has slashed its prices by 25 percent for the entire year. Adyton One General Trading, the sole distributor of Waiwera Artesian water in the UAE announced the launch of the initiative ...

  Bloomberg The chief executives of 18 automakers asked President Donald Trump to reinstate a US Environmental Protection Agency review of fuel efficiency regulations through 2025 that they say was unfairly cut short during the final days of the Obama administration. In a February 10 letter, executives including Mary Barra of General Motors Co., Ford Motor Co.’s Mark Fields and ...

  Bloomberg Switzerland shot down the government’s plan to reform corporate taxation, a decision that risks hurting its appeal as a place for multinational companies. After opponents said the reform was a series of “complicated tax tricks,” voters opposed it by 60 percent to 40 percent, according to projections on broadcaster SRF. Polls had suggested the electorate was evenly split ...

  Bloomberg Coke is trying to slim down its business, not just its sodas. The Atlanta-based company said its profit fell 55 percent as global sales volume dipped and it booked charges related to getting out of the manufacturing and distribution of its drinks. Coca-Cola Co. has been selling those operations back to independent bottlers around the country and plans ...