ABU DHABI / WAM President Aleksandr Lukashenko of Belarus visited the Sheikh Zayed Grand Mosque in Abu Dhabi, along with his accompanying delegation, as part of his official visit to the UAE. The Belarusian President, commenced his tour by visiting the ossuary of the late Sheikh Zayed bin Sultan Al Nahyan, and recalled the Founding Father’s wise approach that enriched ...
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Details of World Tolerance Summit Dubai announced
Dubai / WAM The second edition of the World Tolerance Summit (WTS), one of the initiatives of the International Institute for Tolerance (IIT), under the Mohammed bin Rashid Al Maktoum Initiatives, will be chaired by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Chairman of the Board of Trustees of the International Institute for Tolerance (IIT), top officials ...
Read More »Largest-ever Adipec to set agenda for future of global energy sector
Abu Dhabi / Emirates Business The world’s most influential oil and gas exhibition and conference, the largest-ever Abu Dhabi Petroleum Exhibition and Conference (Adipec), opens on Monday. As a global platform for industry best-practice and innovation, Adipec will set the agenda for the future of the energy, oil and gas sector. Over four days, the event will welcome more than ...
Read More »Alibaba seeks to raise up to $15b in Hong Kong share sale
Bloomberg Alibaba Group Holding Ltd is moving ahead with plans to raise as much as $15 billion in a Hong Kong share sale, people with knowledge of the matter said, a major win for a city rocked by months of civil unrest. Asia’s largest company by market value is now preparing for a listing hearing as mandated by companies that ...
Read More »Electricity demand in India falls for third straight month
Bloomberg India’s electricity demand declined for the third straight month, another indication of an economic slowdown that seems to be deepening. Electricity demand from distribution utilities declined 13.2% in October from a year earlier, data from the Central Electricity Authority showed. The slump began in August when the power requirement dropped for the first time in more than two years. ...
Read More »Top US official vows scrutiny of tech giants’ data practices
Bloomberg The US Justice Department’s (DOJ) top antitrust enforcer said data collection practices of technology companies can raise competition concerns, the latest warning directed at the industry amid a broad investigation of its biggest companies. Makan Delrahim, the head of the antitrust division, said in a speech at Harvard Law School that the department is paying close attention to the ...
Read More »GM sells Ohio assembly plant to EV startup
Bloomberg Lordstown Motors Corp, the electric-truck startup formed specifically to save a shuttered Ohio car factory, has acquired the highly politicised plant from General Motors Co. The acquisition that the two companies announced ends an era that began when GM opened the complex in 1966. The factory’s fate was largely sealed when the United Auto Workers union was unable to ...
Read More »Trump: China wants US deal much more than I do
Bloomberg President Donald Trump said trade talks with China are moving along “very nicely,†and said the leaders in Beijing wanted a deal “much more than I do.†Trump also described as “incorrect†reports about how much the US was ready to roll back tariffs on China. “If we don’t make that right deal, we’re not going to make a ...
Read More »As Putin’s embrace tightens, Lukashenko reaches out to EU
Bloomberg Belarusian President Alexander Lukashenko is set to make his first bilateral visit to the European Union since it dropped sanctions against him in 2016, as he strives to balance growing pressure from Moscow for integration with Russia. Lukashenko, once dubbed “Europe’s last dictator†by the US, is due to meet Austrian President Alexander Van der Bellen in Vienna on ...
Read More »Experts gather in Abu Dhabi to discuss energy sector challenges
Abu Dhabi / WAM Thirty of the world’s leaders of the oil, gas and petrochemical industry chief will gather, in Abu Dhabi, on November 10, to discuss critical issues facing the energy sector in a world that needs more energy but demands fewer emissions. The senior executives have been invited to the 4th Abu Dhabi CEO Roundtable by Dr Sultan ...
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