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ABU DHABI / WAM Abu Dhabi Securities Exchange (ADX), partnered with First Abu Dhabi Bank (FAB), to distribute cash dividends to its registered investors electronically through the bank’s digital wallet, payit. The digital wallet will empower users to manage their stock exchange requirements through the “ADX Digital Wallet” powered by Payit. With payit, ADX now provides another method of distributing ...

Abu Dhabi / WAM The region’s first-ever Body Worlds Exhibition — a traveling exposition of dissected and ‘plastinated’ human bodies — on Tuesday opened at the main campus of Khalifa University. His Highness Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and Chairman of the Board of Trustees of Khalifa University, attended the museum’s ...

Abu Dhabi / WAM Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, received at his office on Tuesday Lieutenant-General Mohamed Cheikh Ould Mohamed Lemine, Mauritanian Army Chief-of-Staff, and his accompanying delegation, where they discussed ways to enhance cooperation in the defence field. The two sides also discussed bilateral relations and ways of strengthening them, exchanged views on ...

Abu Dhabi / WAM In response to reports that some bank customers have been receiving emails from unidentified sources impersonating banks and financial institutions requesting personal data in the promise of helping them claim their Value Added Tax’s, the Federal Tax Authority (FTA) reaffirmed that tax refunds are processed only through the Authority’s official website. In a press statement is, ued ...

Bloomberg Samsung Electronics Co and Huawei Technologies Co took turns announcing new mobile processors at the IFA technology show in Berlin, and the big thing the new chips have in common is an integrated 5G modem. In a market dominated by US rival Qualcomm Inc, the world’s two biggest smartphone manufacturers asserted a lead in delivering one of the keys ...

Bloomberg Jack Ma is giving up the reins of Alibaba Group Holding Ltd after presiding over one of the most spectacular creations of wealth the world has ever seen. The former English teacher steps down as executive chairman of China’s largest company on his 55th birthday after amassing a $41.8 billion fortune — a trove surpassed only by India’s Mukesh ...

Bloomberg Volkswagen AG and other carmakers warned that trade tensions risk dragging the global economy into a recession as the fallout starts to hit consumers. The gloom of the US and China’s tit-for-tat tariffs cast a shadow over the Frankfurt Auto Show this week, where carmakers were seeking to whip up interest in critical new electric models. The geopolitical volatility ...

Bloomberg Ireland’s Phil Hogan is set to be the European Union’s next trade commissioner, an appointment that puts the bloc’s relationship with the UK right at the heart of policy making. Hogan, an outspoken critic of Brexit and the British government’s approach to the border between Ireland and Northern Ireland, was nominated by incoming European Commission President Ursula von der ...

Bloomberg The number of Americans without health insurance increased by almost 2 million people in 2018, according to new data released by the US Census Bureau on Tuesday. The increase in the rate of uninsured, from 7.9 percent in 2017 to 8.5 percent last year, is particularly remarkable given the falling unemployment rate during that period, since most Americans get ...

Bloomberg Hong Kong leader Carrie Lam pushed back against protester calls for the passage of US legislation that would require annual assessments of the city’s special trading status and allow sanctions on Chinese officials. “The Hong Kong government doesn’t agree on foreign parliaments passing bills to intervene in Hong Kong affairs, and we feel deep regret,” Lam told a regular ...