News

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said on Wednesday that the private sector is a key partner to the public sector in the UAE’s economic development growth and in the country’s ambitious vision for comprehensive development. Sheikh Mohammed made the remarks while visiting the IMG ...

  Abu Dhabi / WAM The General Civil Aviation Authority (GCAA) paid visit on Wednesday to the Etihad Airways Innovation Hub in Abu Dhabi in the presence of Sultan bin Saeed Al Mansouri, Minister of Economy. He was accompanied by Omar bin Ghaleb, GCAA’s Deputy Director-General and Assistant Director of Support Services, Laila Ali bin Hareb Al Muhairi, GCAA’s Assistant Director-General of ...

  Abu Dhabi / WAM Data released by Tokyo’s Agency for Natural Resources and Energy (ANRE) shown that Japan imported 25.47 million barrels of crude oil from the UAE in July. This accounted for 26.1% of Japan’s total crude imports, the agency, which is part of Japan’s Ministry of Economy, Trade and Industry, said. Saudi Arabia provided 32.89 million barrels, or ...

  Abu Dhabi / WAM The federal government takes interest in the national companies that work within the food diversity ecosystem, Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment said. While touring the National Feed and Flour Production and Marketing company in Abu Dhabi, he praised the company’s role in preserving national food diversity, noting that such ...

  Dubai / Emirates Business Delegates from across the globe will unite in Abu Dhabi this November to celebrate women’s achievements in the nuclear industry at the 24th Global Women in Nuclear (WiN) conference. To be held at the Fairmont, Bab al Bahr hotel between November 20-23, the conference is held under the patronage of HH Sheikha Fatima bint Mubarak, ...

  AFP Cyprus and Egypt signed a deal on Wednesday paving the way for detailed negotiations on a submarine pipeline to export natural gas from the Mediterranean island to its energy-starved neighbour. Cyprus has been eager to secure alternative ways to exploit its offshore reserves after proven finds so far were insufficient to make a planned liquefied natural gas plant ...

  AFP British drugmaker AstraZeneca agreed to pay more than $5 million to settle allegations that it broke US anticorruption laws in China and Russia. The Securities and Exchange Commission said that in China, employees of an AstraZeneca subsidiary offered cash and gifts to health care officials to encourage them to buy AstraZeneca drugs or reduce pending financial sanctions. In ...

  AFP Eurozone inflation and jobless data on Wednesday fell short of analyst forecasts as the economy bumps along amid speculation the European Central Bank will have to adopt more stimulus measures. The official EU statistics agency Eurostat said eurozone consumer prices rose 0.2 percent in August, the same rate as in July. Eurozone unemployment meanwhile was unchanged at 10.1 ...

  AFP The protracted battle to have Megaupload founder Kim Dotcom face video piracy charges in the United States broke new ground on Wednesday with live-streaming of his appeal against extradition. Dotcom won approval to live-stream his bid to avoid leaving New Zealand after successfully arguing that global interest required more than standard brief television clips. The case, in the ...

  AP The number of Germans without jobs dropped slightly in August in seasonally adjusted terms, leaving the unemployment rate in Europe’s largest economy unchanged at 6.1 percent. The Federal Labor Agency said on Wednesday that the number of unemployed dropped by 7,000 in August over July, slightly more than the decline of 4,000 expected by economists. In unadjusted terms, ...