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London / WAM Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence (AI), stated that the UAE is a global model in adopting AI in government work, as well as in its future strategies, along with key sectors and government services which will improve the community’s quality of life. He made this statement while participating in the “CogX: ...

Sharjah / WAM The Emirate of Sharjah has witnessed a significant number of achievements in 2019, among them is its ever-growing vibrant cultural scene bringing together Emirati and Arab artists, actors, literary greats and poets. Sharjah’s efforts to bolster the Arab world’s cultural prowess is not tied to a specific geographic location but spans diverse areas to build bridges of ...

Bloomberg Tens of thousands of demonstrators poured into central Hong Kong as organisers remained defiant even after the city’s leader suspended consideration of the China-backed extradition plan that sparked some of the biggest protests in the city in decades. Organisers pressed ahead with a march on Sunday afternoon, following the same route as last week’s demonstration, when hundreds of thousands ...

Bloomberg India has imposed higher customs duties on a raft of US goods on Sunday in response to similar measures taken by Washington, according to a government notice. The increased charges have been imposed on 28 products including chickpeas, phosphoric acid, apples, almonds and walnuts, according to the notice released late on Saturday. The country would get about $217 million ...

Bloomberg Activist investor Dan Loeb disclosed a $1.5 billion stake in Sony Corp. and pushed the company to make dramatic changes, including spinning off its semiconductor business and listing it in Japan. Sony’s shares rose 3.1% in Tokyo after Loeb’s Third Point published a letter and 102-page presentation pushing for changes at the Japanese media and electronics giant, including sales ...

Bloomberg Volkswagen AG valued its heavy-trucks business at as much as $18.6 billion in a planned initial public offering that will test Chief Executive Officer Herbert Diess’s ambition of overhauling the carmaking behemoth. The manufacturer intends to offer stock in Traton SE, which sells MAN and Scania AB vehicles, for between 27 euros to 33 euros per share, it said ...

Bloomberg A Canadian program designed to speed up the hiring of foreign talent is attracting thousands of tech workers and other skilled employees, many of whom are unhappy with restrictive US immigration policies. The Global Skills Strategy, which came into effect two years ago, has attracted about 24,000 people over the past two years, according to government figures. The program ...

Bloomberg Software maker CrowdStrike Holdings Inc. soared in its trading debut after raising $612 million in one of the biggest-ever initial public offerings for a cybersecurity company. Shares opened at $63.50 in New York and rose as much as 97 percent from their IPO price to $67. The stock closed up 71 percent to $58. That valued the company at ...

New Delhi / WAM The UAE Ambassador to India, Dr Ahmed Abdulrahman Al Banna, has met with India’s new Minister for Civil Aviation, Hardeep Singh Puri, and discussed pressing issues relating to cooperation between the two countries in civil aviation. This was the first face-to-face interaction from the UAE side with a member of Prime Minister Narendra Modi’s Council of ...

Sofia / WAM Prime Minister of Bulgaria, Boyko Borissov met His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. During the meeting which came as part of Sheikh Abdullah’s state visit to Bulgaria, Borissov and Sheikh Abdullah discussed bilateral relations between the UAE and Bulgaria and ways to enhance them in a number of ...