Uncategorized

Sheikh Mohammed approves new vision of Dubai Culture

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the new vision of Dubai Culture, which outlines a comprehensive roadmap to consolidate Dubai’s stature as a global destination for culture, innovation and talent. His Highness Sheikh Mohammed approved the new vision during a visit to ...

Read More »

Etihad Rail premier sponsor for World Road Congress

Dubai / WAM The Abu Dhabi Department of Transport (DoT) on Tuesday announced that Etihad Rail has become the Premier sponsor of the 2019 World Road Congress. Taking place at the Abu Dhabi National Exhibition Centre (Adnec) between October 6-10, the prestigious global event is held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince ...

Read More »

Dubai-US bilateral trade soars to 76% in 10 years

Dubai / WAM Bilateral trade between the Emirate of Dubai and the United States of America has risen 76 percent in a decade, said the Director-General of Dubai Customs, Ahmed Mahboob Musabih. Musabih’s remarks were made during a meeting between Sultan bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs and Free Zone Corporation, PCFC, and ...

Read More »

Dubai leads the way to a more sustainable future

Dubai / Emirates Business Often called the city of the future, Dubai has become synonymous with innovation and future-proofing its tourism linked economy. Dubai continues to spearhead sustainability initiatives, cultivating a key pillar within its tourism infrastructure by positioning Dubai as a world leading sustainable tourism destination and commercial hub. Such measures and initiatives remain at the forefront of the ...

Read More »

Indian Motorcycles taps into roots with Japan relaunch

Bloomberg A century ago, Indian Motorcycles were the brand of choice for Japan’s police. They were called “aka-bai” — or red bikes — because of their color. Now, the maker of big American two-wheelers is seeking to recapture some of that glory with a brand relaunch. Recreational vehicle maker Polaris Inc, which makes and sells Indian bikes, is betting that ...

Read More »

Japan curbing export of vital chipmaking material, says S Korea

Bloomberg Japan is delaying export approval of a material vital to South Korea’s semiconductor manufacturing industry, Korea’s trade ministry said in a statement, as the trade fight between the neighboring countries shows no signs of abating. The trade ministry issued a statement saying Japan has not approved the export of liquid hydrogen fluoride — a highly purified chemical used to ...

Read More »

Amazon, Facebook, Google to face another House inquiry

Bloomberg Big tech firms are about to face yet another congressional headache. House Small Business Committee Chairwoman Nydia Velazquez plans to invite Amazon.com Inc, Alphabet Inc’s Google and Facebook Inc to face questions from her committee on how the companies may be damaging the competitive landscape for small businesses. The hearing, which the committee hopes to hold in late October ...

Read More »

Airbnb is planning for direct listing instead of traditional IPO

Bloomberg Airbnb Inc’s long-awaited Wall Street debut is officially earmarked for 2020, but the home-share startup is charting an unconventional path to the public markets. San Francisco-based Airbnb is laying the groundwork for a direct listing rather than an initial public offering, according to people familiar with the matter who asked not to be named discussing private information. Airbnb declined ...

Read More »

Nissan mulls moving UK SUV production overseas on Brexit

Bloomberg Nissan Motor Co will consider moving production of its SUVs outside the UK if the country leaves the European Union without a deal, people familiar with the matter said. Manufacturing of the Qashqai SUV could be moved to Spain, while the compact Juke may move to another overseas plant, said the people, who asked not to be identified as ...

Read More »

China’s rise is unstoppable: Xi

Bloomberg President Xi Jinping presided over a grand display of China’s strength in Beijing — declaring that no force could stop the country’s rise — even as concerns grew over the condition of the first protester shot in Hong Kong after almost four months of unrest. Speaking at the start of a massive parade marking 70 years since the founding ...

Read More »
Send this to a friend