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Mohamed highlights UAE’s keenness to adopt latest tech

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, highlighted the UAE’s keenness to adopt the latest technologies and the Artificial Intelligence (AI), under the framework of its development approach and its ambitious vision. While participating in the launch of the EDGE advanced technology ...

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Saif bin Zayed briefed on five-year cultural strategy of Abu Dhabi

Abu Dhabi / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, has been briefed by representatives of the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), on the Culture achievements to date and planned milestones of Abu Dhabi’s five-year Culture Sector Strategy. HH Sheikh Saif bin Zayed ...

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Gitex generates AED1.6b in economic output for Dubai

Dubai / WAM Gitex Technology Week continues be a strong catalyst that accelerates the region’s growing global status as a pioneering market in technology adoption. The show’s growing contribution to Dubai’s economy is attested by the results published in the Gitex Technology Week Economic Impact Assessment 2019 Report issued on Tuesday by DWTC. With a significant AED1.6 billion in revenue ...

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AFZ sponsors fifth edition of UAE-India economic forum

Ajman / Emirates Business Ajman Free Zone (AFZ) was a main sponsor of the fifth edition of the UAE-India Economic Forum held at the Waldorf Astoria, DIFC. Abdullah Ahmed Al Saleh, Undersecretary for Foreign Trade & Industry, Minister of Economy was guest of honour at the event. The well-attended event brought 500 delegates from India, the UAE and other key ...

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Japan wants to keep India in China-backed Asia trade pact

Bloomberg India’s exit from RCEP regional trade talks appeared to leave China and Japan at odds over whether to press ahead with the remaining members, or to try to find a workaround that includes PM Narendra Modi’s government. India announced it was withdrawing from the China-backed Regional Comprehensive Economic Partnership (RCEP), citing the deal’s potential impact on the livelihoods of ...

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Tourists are avoiding Delhi as air pollution hits record high

Bloomberg Business travellers and tourists are avoiding New Delhi, as air pollution in India’s capital reached record levels, travel agents said. Booking inquiries for hotels and flights to New Delhi have slumped since the Hindu festival of Diwali on October 27, said Sharat Dhall, chief operating officer of the business-to-consumer segment at Yatra Online Inc. Bursting of firecrackers as part ...

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Warburg Pincus dealmaker sees Brexit as ‘huge’ chance

Bloomberg Brexit may have sown chaos in UK politics, but at least one private equity firm is enthusiastic about the potential it creates for deals. “We see Brexit as a huge opportunity for deals and are getting very excited about investments in the UK,” said Dan Zilberman, head of Europe at Warburg Pincus. “However, a deal bonanza is contingent on ...

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YouTubers lobbying to fight child privacy law expansion

Bloomberg Producers of prominent children’s YouTube channels will appeal to the FTC to change its recent settlement with the video service and will circulate a new petition online urging certain changes. In September, the FTC (Federal Trade Commission) fined YouTube and its parent, Alphabet Inc’s Google, $170 million for violating privacy laws by tracking children online. With the settlement, YouTube ...

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Uber reports disappointing user growth, food delivery orders

Bloomberg Uber Technologies Inc disappointed investors with quarterly results showing lackluster gains in bookings and monthly active users, two of the metrics most closely watched by Wall Street. The ride-hailing company beat estimates for quarterly revenue and loss, improved its annual loss forecast and pledged to turn a profit by 2021. Those weren’t enough to lift the stock, though. Shares ...

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Losing time and money, Abbas calls for Palestinian elections

Bloomberg Time is running out for 83-year-old Mahmoud Abbas. Foreign aid to the Palestinians has dropped nearly 80% over the past 10 years, the political outlook is bleak after a half-century of Israeli occupation and his people’s campaign for statehood risks sinking into irrelevance. To salvage his legacy, the Palestinian Authority (PA) president has called — again — for the ...

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