News

  Bloomberg Chinese retailer Suning Commerce Group Ltd will acquire about 70 percent of Italian soccer club Inter Milan for €270 million ($306 million), making the deal a rare purchase in which a Chinese company will control a major European sports team. Suning will purchase existing and new shares in Inter Milan. Suning’s Inter Milan deal comes as another Chinese ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of Abu Dhabi Executive Council, issued a resolution reshuffling the Board of Directors of Abu Dhabi General Services Company under the chairmanship of Eng Awaidha Murshed Ali Al Marar. The resolution named ...

  DUBAI / WAM The Zayed Housing Programme (ZHP) endorsed the names of 690 citizens eligible for housing worth over AED430.5 million. The move comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and follow up ...

  Dubai / WAM The site of Expo 2020 Dubai will be one of the fastest, smartest, and best connected places in the world during the global mega event, through its Premier Partnership with Etisalat Group, announced on Sunday. Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General Bureau Expo Dubai 2020 welcomed the Premier Partnership ...

  GENEVA / WAM The UAE Ministry of Economy organised an economic event at the headquarters of the World Trade Organisation in Geneva to mark the 20th anniversary of the UAE’s accession to the intergovernmental organisation. This came on the sidelines of the meeting of the third review for the trade policy of the country at the WTO headquarters, with ...

  DUBAI / EMIRATES BUSINESS Dubai Electricity and Water Authority (DEWA) provides world-class government services and adopts the best international practices, to make people as happy as possible to support the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, so that all government policies, programmes, and services ...

  DUBAI / WAM A high-level delegation from the Jebel Ali Free Zone (Jafza) led by Sultan Ahmed bin Sulayem, DP World Group Chairman, CEO and Chairman of the Ports, Customs and Free Zone Corporation, concluded a successful visit to People’s Republic of China. The seven-day visit came within the framework of Jafza’s strategic plan aimed at supporting the national ...

  SHARJAH / EMIRATES BUSINESS Hamriyah Free Zone successfully completed its week-long road shows in Bangalore, Tumkur and Hassan cities in Karnataka, India. The campaign, “Hamriyah Free Zone – the global choice for investments and business opportunities in Sharjah”, attracted investors from commercial, industrial and service sectors. “The road show, which was held in association with Federation of Karnataka Chamber ...

  ABU DHABI / WAM Tadweer, the Centre of Waste Management – Abu Dhabi, participated as a judge and a guest of honour in the awareness and recycling campaign organised by Abu Dhabi Gas Industries Limited (GASCO) on the occasion of World Environment Day, at the Sheikh Khalifa Energy Complex in Abu Dhabi. On this occasion, Eisa Saif Al Qubaisi, ...

  Sharjah / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, on Sunday launched a special Ramadan campaign in the UAE that aims to provide 5 million books for children in refugee camps and students in under-privileged schools across the world. The campaign will distribute two million books to children and ...