News

  Bloomberg The pound is set for a litmus test next week with the release of housing data and purchasing managers’ surveys that might crimp the currency’s best run since May versus the dollar. Sterling climbed for the second week versus the U.S. currency, its first back-to-back gain since before the U.K. voted to leave the European Union in June, ...

  Bloomberg If you drive a Mercedes-Benz or an Infiniti luxury vehicle, you’re probably more willing than most drivers to give up the wheel to a robot, according to a MaritzCX survey. About 27 percent of owners of Daimler AG’s Mercedes and Nissan Motor Co.’s Infiniti say they are “very interested” in buying a fully self-driving auto when those become ...

  Bloomberg US President Barack Obama called on Congress on Saturday to step up funding to combat the Zika virus, warning that delay is putting more Americans at risk. Obama’s latest appeal, in his weekly radio address, came the day after the US authorities expressed deepening worry about the spread of the mosquito-borne virus, urging that all donated blood be ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s ports and Khalifa Industrial Zone, on Saturday announced a major expansion plan in Khalifa Port. The expansion at Khalifa Port, one of the world’s fastest growing container, bulk cargo and roll-on roll-off vehicle transport ports, will add 1,000 metres of quay wall ...

  Abu Dhabi / WAM With the return of the 2016-17 academic school year, parents are encouraged to motivate their children to look forward to going back to school today, with particular emphasis on the first day of school. The ADEC’s last census indicated that there are about 375,000 students returning to public and private schools (130,147 and around 245,000, respectively) ...

  Dubai / Emirates Business The UAE Telecommunications Regulatory Authority (TRA) has started to conduct a series of periodic surveys to determine the quality of services rendered by telecommunications operators across developing areas in the country. The surveys place key focus on testing, measuring and analyzing the services to identify weaknesses and addressing the issues in coordination with local operators. ...

  Abu Dhabi / WAM The UAE Ministry of Health and Prevention (MoH) announced on Saturday the launch of the seventh initiative to bring down the prices of medicines by up to 63 percent by early September. Dr Amin Hussein Al Amiri, Assistant Undersecretary of the UAE Ministry of Health and Prevention for Public Health Policy and Licensing Sector, and Vice ...

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) published its third annual Sustainability Report 2015, as part of its strategy to enhance the competitiveness of the Emirate by transforming Dubai into a global hub for sustainable and green economy. “We are working to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ...

  Sharjah / WAM Sheikha Bodour bint Sultan Al Qasimi, Founder and Honorary President of Emirates Publishers Association (EPA) and Member of the International Publishers Association (IPA)’s Executive Committee, gave a keynote presentation about the publishing industry and the crucial role it plays in enhancing relationships and strengthening ties between Latin America and the Arab world, at the 24th session of ...

  Abu Dhabi / WAM In line with national celebrations of Emirati Women’s Day, the Ministry of Finance (MoF) organised a forum titled “Woman and Innovation”, at its premises in Dubai. The forum aimed to highlight the country and the Ministry’s efforts to promote women’s empowerment across different fields. This commitment has led to the launch of a number of projects, ...