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ABU DHABI / WAM The Federal National Council (FNC) approved two draft federal laws on amending certain provisions of Federal Law No.18 for 1981 that regulates commercial agencies and the country’s strategic food reserves. The draft laws were approved during the fifth session of the first ordinary session of the FNC’s 17th legislative chapter, chaired by Saqr Ghobash, Speaker of ...

Bloomberg India is open to greater market access for American farm and dairy products and lower duties on Harley-Davidson Inc motorcycles as it seeks to conclude a trade deal with the US in time for President Donald Trump’s scheduled visit next week, according to people with knowledge of the matter. New Delhi is willing to allow market access for US-produced ...

Bloomberg Singapore unveiled a series of support packages in its budget on Tuesday to help cushion the economy against the coronavirus outbreak and job risks. Finance Minister Heng Swee Keat said he will set aside S$800 million ($575 million) to fight the spread of the coronavirus outbreak, and provide two economic support packages totalling S$5.6 billion to support businesses and ...

Bloomberg Chancellor of the Exchequer Rishi Sunak said he is preparing to deliver the UK budget as planned on March 11, an announcement that ends days of speculation that his sudden appointment to the post last week would force a delay. “Cracking on with preparations for my first budget on March 11,” Sunak said on Twitter. “It will deliver on ...

Bloomberg The Trump administration is considering new restrictions on exports of cutting-edge technology to China in a push aimed at limiting Chinese progress in developing its own passenger jets and clamping down further on tech giant Huawei’s access to vital semiconductors, according to four people familiar with the discussions. Senior officials are expected to decide by the end of this ...

Bloomberg For years, Facebook Inc lobbied governments against imposing tough regulations, warning in some cases that they could harm the company’s business model. Now, it’s pleading for new rules for the good of its business. In a white paper, Facebook detailed its push for internet regulation, calling on lawmakers to devise rules around harmful content, a different model for platforms’ ...

Bloomberg Former National Security Advisor John Bolton raised alarm the Trump administration could block his memoir that describes his interaction with the president over Ukraine. “I hope it’s not suppressed,” Bolton said in a talk at Duke University in Durham, North Carolina. “This is an effort to write history, and I did it the best I can. We’ll have to ...

ABU DHABI / WAM Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has bolstered its global handling partnership agreements with dnata, an Emirati airport services provider. The new agreements align the two UAE-based companies until 2023, with dnata providing warehouse and cargo handling services to manage 180,000 tonnes of air cargo carried annually across 15 gateways in ...

DUBAI / WAM The Emirati-designed Expo Live Pavilion in Expo 2020 Dubai’s Opportunity District aims to inspire millions of visitors to become change-makers by showcasing the social innovators, supported by Expo Live, who are having a measurable impact on people’s lives across the world. A human-focused experience, ‘The Good Place’ was designed by Ahmad Abdulrahman Bukhash, founder of Dubai architecture ...

ABU DHABI / WAM The newly established Abu Dhabi Exports Office (Adex), and the Abu Dhabi Chamber of Commerce and Industry (Abu Dhabi Chamber), signed a Memorandum of Understanding (MoU), to cooperate on a series of initiatives. Through the partnership, the two entities aim to leverage the innovative financial products and services offered by the Adex to elevate the international ...