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Global Tolerance and Human Fraternity Summit opens

  Abu Dhabi / WAM The Global Tolerance and Human Fraternity Summit, organised by the Ministry of Tolerance and Coexistence and the Council of Muslim Elders in Abu Dhabi kicks off on Monday. The two-day summit will be organised under the patronage and presence of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, in the presence of ...

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SEDD, ‘Matajer’ discuss cooperation

  Sharjah / WAM Sharjah Economic Development Department (SEDD) received a delegation from “Matajer”, one of the most important commercial shopping groups affiliated with Sharjah Holding Company, which was established under a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management. This comes within SEDD’s interest to strengthen partnerships with leading companies in the field of retail trade ...

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Expo Centre Sharjah takes part in 2023 Global CEO Summit

  Sharjah / WAM The Expo Centre Sharjah has made a noteworthy appearance at the 2023 Global CEO Summit, hosted by the prestigious Global Association of the Exhibition Industry (UFI). The summit, held in Lisbon, Portugal, brought together more than 100 influential CEOs, executives, and directors from the exhibitions and conferences industry globally. Saif Mohammed Al Midfa, CEO of Expo ...

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UK may reap £70b borrowing from household Covid savings

  Bloomberg The UK Treasury is exploring a significant increase in the bonds it sells to retail investors, a move that analysts say may draw in as much as £70 billion ($85.8 billion) for financing deficits in the coming years. The move would help Chancellor of the Exchequer Jeremy Hunt raise money at a time of economic turmoil and alleviate ...

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French PM offers concession in battle over pension reform

Bloomberg Emmanuel Macron’s government may offer another concession on plans to raise France’s retirement age from 62 to 64, seeking to secure a parliamentary majority amid a massive public backlash. The government is considering another carve-out so more people can retire before they turn 64, Macron’s Prime Minister Elisabeth Borne said in an interview with the JDD newspaper on Sunday. ...

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Europe risks new age of protectionism in joining US subsidy race

  Bloomberg Joe Biden’s clean technology law has dragged the European Union into a subsidy fight that may trigger a transatlantic trade war, just as the allies are joining forces against Russia’s invasion of Ukraine. The EU has always defended the global rules-based order, even as the US has grown increasingly hostile toward the constraints it adopted as a member ...

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Danaher takes interest in life sciences company Catalent

  Bloomberg Life sciences company Danaher Corp. has expressed takeover interest in contract manufacturer Catalent Inc., according to people familiar with the matter. The overtures by Danaher in recent months valued Catalent at a significant premium, the people said, asking not to be identified because the matter is private. It’s unclear how Catalent will proceed or whether it’s receptive to ...

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Mike Ashley eyes £100m bet on UK malls

  Bloomberg British billionaire Mike Ashley is in advanced talks to buy two UK shopping malls valued at a combined £100 million, The Times newspaper reported. Ashley’s Frasers Group Plc is lining up bids for The Mall in Luton — a town just north of London — and the Overgate Shopping Centre in Dundee, Scotland. The deals would value the ...

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UAE President, Iraqi PM discuss bilateral relations

  Abu Dhabi / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Mohammed Shiaa’ Al Sudani, Prime Minister of Iraq, discussed on Friday, in a telephone conversation, the relations, various aspects of cooperation and joint work between the two countries, and ways of developing them to achieve their common interests. President His Highness Sheikh Mohamed and the ...

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DHA, Trends ink deal to partner on several research projects in health

  Dubai / WAM The Dubai Health Authority (DHA) on Friday signed a memorandum of understanding with Trends Research and Advisory (Trends) during Arab Health 2023, to collaborate on several research projects, studies and polls relating to the health sector in the emirate. The MoU was signed by Fatima Abbas, CEO of Strategy & Corporate Development Sector at the DHA ...

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