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Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has affirmed that the Year of Tolerance, with all its initiatives and activities, would be pursued since it is an intrinsic part of Emirati heritage established by the Founding Fathers of the ...

Dubai / WAM Driverless vehicles are tested on 5G technology ahead of a planned deployment of such vehicles on UAE roads, a top official told the Emirates News Agency (WAM), on Sunday. “We will expand 5G network to important sectors such as transport, health and education. As per this policy, 5G network was provided in a place away from the city ...

CAIRO / WAM DP World Sokhna has entered into a trilateral partnership with the China State Construction Engineering Corporation (CSCEC), and the China Ocean Shipping Company Ltd (Cosco). The agreement will see DP World Sokhna serve as the hub for all construction material imports needed to build the central business and financial district of Egypt’s New Administrative Capital. As part ...

Abu Dhabi / Emirates Business Etihad Airways, the national carrier of the United Arab Emirates, has become the first airline to secure funding for a project based on its compatibility with the Sustainable Development Goals of the United Nations (UNSDGs). Through a partnership with First Abu Dhabi Bank and Abu Dhabi Global Market, the airline will borrow AED 404.2 million ...

Bloomberg China’s crackdown on illegal meat imports has left India, one of the biggest exporters of buffalo meat, scrambling for a new buyer. China has adopted stricter border controls due to African swine fever, meaning Indian buffalo meat exports into China that usually flow through Vietnam has all but stopped. Indian exporters are now hoping Indonesia can more than triple ...

Bloomberg Nissan Motor Co ordered a furlough of employees for two days at the beginning of January, the latest cost-cutting move as US sales continue to slide. Nissan North America is closing US offices on January 2 and 3 to “optimise business performance and competitiveness,” the company said in an emailed statement. In a memo to employees, North America Chairman ...

Bloomberg Democratic Representative Alexandria Ocasio-Cortez and presidential candidate Bernie Sanders are taking a victory lap after Amazon.com Inc and other technology giants leased millions of square feet of office space in New York City — without the billions of dollars in government support that Amazon tried to negotiate earlier this year. Amazon signed a leasefor 335,000 square feet in the ...

Bloomberg A unit of Ericsson AB pleaded guilty to foreign bribery and the parent company agreed to pay more than $1 billion to resolve a long-running US corruption investigation involving payoffs in Asia and the Middle East. The Stockholm-based company admitted to a years-long campaign of corruption aimed at solidifying its grip on the telecommunications business, US Attorney Geoffrey S ...

Bloomberg French labour unions called for a new day of protests seeking to force President Emmanuel Macron to either sweeten his pension-reform plan or abandon it. After more than 800,000 protesters took to the streets across France — the biggest such turnout since Macron took office in May 2017 — unions have been emboldened. They have extended their strikes into ...

Bloomberg Denuclearisation is off the negotiating table with the US, North Korea’s ambassador to the United Nations said in a strongly-worded statement that also criticized EU member nations for playing “the role of pet dog” to Washington. Ambassador Kim Song said that the “sustained and substantial dialogue” sought by the US with Pyongyang was a trick done to suit its ...