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Egypt elections: El-Sisi wins second term with 97% votes

Bloomberg Abdel-Fattah El-Sisi cruised to a second term as Egypt’s president, scooping up more than 97 percent of valid votes in the election. Out of some 60 million registered voters, nearly 25 million, or 41 percent, went to the polls, according to the final results announced by the National Election Authority on Monday. Sisi secured roughly the same proportion of ...

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Beijing unveils plan to lure big tech stock listings back home

Bloomberg China took a major step toward seeing Alibaba Group Holding Ltd., Baidu Inc. and others list in its domestic market, announcing a trial programme that would allow the technology giants to see their shares bought and sold in the world’s most populous country. The State Council unveiled the plans, less than a month after the idea was first made ...

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Coal India’s production, shipments rise to a record

Bloomberg Coal India Ltd.’s sales and output in March rose to the highest on record as the world’s biggest coal miner rushed to meet its annual production target, a goal that it missed for at least the sixth consecutive year. Output rose 9 percent from a year earlier to 72.3 million tons of coal in March, while shipments rose 5.5 ...

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Adobe steps up AI-powered marketing to take on rivals

Bloomberg Adobe Systems Inc., the company best known for Photoshop, has lately been spending its time trying to figure out what makes consumers tick. The software maker has been quietly undertaking a project to help corporate customers automate their marketing efforts, part of an accelerated push into artificial intelligence. Called Perfect Path, the prototype system aims to use massive amounts ...

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Facebook limits brokers’ data use for ad targets

Bloomberg Facebook Inc. is conducting a broad review of all its data practices and taking a much more conservative stance on some policies, moves that could limit advertisers’ ability to target users on the social network, according to people familiar with the matter. As part of the changes that will be rolled out over the next few weeks, Facebook said ...

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Nissan’s Infiniti seen recharging its attack on BMW, Audi

Bloomberg Infiniti is recharging its attack on BMW and Audi. The Nissan Motor Co. premium brand wants to use the structural changes enabled by the industry’s shift toward electric and self-driving cars—such as a larger cabin and fewer components under the hood—as a chance to inject a Japanese touch of simplicity and space into its models. That entails a minimalist ...

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Mohammed launches National Advanced Sciences Agenda 2031

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, said that enhancing advanced sciences environment in the UAE is the best investment in building the future, and key tool to implement creative ideas. His Highness’ remarks were made as he launched the National Advanced Science Agenda 2031. The ...

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Three-city roadshow to draw Chinese tourists to Abu Dhabi

Abu Dhabi / Emirates Business A tourism delegation led by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) visited three major cities in China this month, to help raise awareness about the emirate as a holiday destination for Chinese travellers. The delegation, which included Etihad Airways, hotels, tour operators and attractions, visited capital city Beijing on ...

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Tamouh Investments launches ‘Shukran Zayed’ initiative

Abu Dhabi / Emirates Business Communities across the UAE are being urged to come together to say ‘Shukran Zayed’ by sending their messages of gratitude to commemorate a century since the birth of the founding father of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan. Abu Dhabi-based developer Tamouh Investments has launched the social media initiative using the ...

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