NEW YORK / WAM The United Nations Secretary-General Antonio Guterres received HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. During the meeting, held on the sidelines of the 74th UN General Assembly (UNGA), in New York, Guterres discussed with Sheikh Abdullah ways to enhance joint cooperation between the UAE and ...
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Khalifa Fund provides $10mn to entrepreneurs in Zanzibar
Abu Dhabi / WAM In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Dr. Ali Mohammed Shein, President of Zanzibar, the Khalifa Fund For Enterprise Development, has signed a Memorandum of Understanding, MoU, with the Ministry of Finance and Planning of Tanzania ...
Read More »Abu Dhabi government bodies reveal readiness for Gitex 2019
ABU DHABI / WAM The Government of Abu Dhabi, represented by 32 key government and academic entities, has expressed readiness in preparing its participation at ‘Gitex Technology Week’, which will be held from October 6 to 10, at the Dubai World Trade Center (DWTC). Abu Dhabi Digital Authority (ADDA), the leading governmental entity in charge of coordinating the participation of ...
Read More »Expo 2020 Dubai selects 25 innovative projects
Dubai / WAM A Norwegian programme to swap plastic waste for financial reward, an online software from Bhutan that calculates healthy, cost-effective school meals sourcing ingredients from local farms, and a Cameroonian project to build sustainable refugee camps are among the 25 projects selected in Expo 2020 Dubai’s Global Best Practice Programme. The 25 success stories – all simple, effective, ...
Read More »Afghans defy Taliban threats to vote in presidential poll
Bloomberg Afghanistan’s presidential polls closed on Saturday amid Taliban violence nationwide and complaints of wrongdoings in some polling centres. Millions of Afghans braved the militant threats and cast their vote for a new leader in the fourth democratic election since the Taliban regime was ousted by the US invasion in 2001. “Amid the challenges and threats, the presidential elections of ...
Read More »Toyota Motor raising stake in Subaru to 20%, says report
Bloomberg Toyota Motor Corp is boosting its stake in Subaru Corp to about a fifth of the smaller automaker, as Japan’s biggest car company arms itself for a future of self-driving vehicles, electric cars and evolving transport services. Subaru, the maker of Forester and Outback wagons, will also take a stake in Toyota, strengthening their capital ties and collaboration, according ...
Read More »Vietnam’s economy expands 7.31% in Q3
Bloomberg Vietnam’s economic growth quickened in the third quarter, underpinned by solid growth in exports and manufacturing. Gross domestic product rose 7.31 percent from a year earlier, up from a revised 6.73 percent in the second quarter, the General Statistics Office in Hanoi said on Saturday. That compared to a median estimate of 6.7 percent in a Bloomberg survey of ...
Read More »Fiat Chrysler to pay $40m for sales-reporting fraud
Bloomberg Fiat Chrysler Automobiles NV agreed to pay a $40 million penalty related to years of sales reports the US Securities and Exchange Commission (SEC) said were fraudulent. The Italian-American automaker issued statements that misled investors by wrongly claiming monthly gains, the SEC said. Fiat Chrysler inflated results by paying dealers to report fake sales. The company also maintained a ...
Read More »Nestle steps up testing on coffee beans after weedkiller found in it
Bloomberg Nestle SA is increasing checks on the coffee it buys, after recent tests showed beans from some countries had levels of the weedkiller glyphosate that are close to a regulatory limit. The world’s largest coffee roaster has informed suppliers of Indonesian and certain Brazilian beans of the new procedures, which go into effect starting from October 1, according to ...
Read More »JLR to close plants for a week as Brexit safeguard
Bloomberg Jaguar Land Rover (JLR) plans to close its UK factories for a week in November to guard against disruption to supply chains from a possible no-deal Brexit, Chief Executive Officer Ralf Speth said. The shutdown will go ahead whether or not Britain seeks an extension to the October 31 deadline for leaving the European Union, he said at a ...
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