DUBAI / WAM Dubai International Financial Centre (DIFC), has announced the enhancement of its digital onboarding platform, in line with the centre’s continued emphasis on improving the ease of doing business. According to a press release issued by DIFC on Sunday, the new fully integrated digital platform offers a simplified onboarding process and enhanced user experience. The streamlined digital process ...
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Dubai hosts Global Commodity Outlook Conference
DUBAI / WAM The Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, the Dubai Gold and Commodities Exchange (DGCX), the largest derivatives exchange in the Middle East, and Richcomm Global Services, the largest independent broker on DGCX, will be hosting the seventh edition of the “Global Commodity Outlook ...
Read More »Smart Dubai delivers on its Blockchain ecosystem goals
Dubai / WAM Following the vision of the Dubai Blockchain Strategy 2020, announced in October 2016 by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, Smart Dubai has delivered on its promise of building a thriving Blockchain ecosystem in the city and establishing Dubai as the world capital of ...
Read More »Kingfish sells for record AED200,000 in Abu Dhabi
Abu Dhabi / WAM Abu Dhabi’s efforts to become one of the world’s top sports tourism destination in 2019 have not stopped, nor has its excellence in hosting international and continental sporting events. Abu Dhabi achieved a new record in the sport of fishing, as the Abu Dhabi Grand Fishing Tournament for King Fish and Cobia announced the sale of ...
Read More »Trump caught on tape saying ‘get rid of’ US envoy in 2018
Bloomberg President Donald Trump was recorded during a private meeting in April 2018 saying that the US should “get rid of†then-US ambassador to Ukraine Marie Yovanovitch, according to a video provided by an attorney for Lev Parnas, an associate of the president’s personal lawyer Rudy Giuliani. The iPhone video, which is more than an hour long, shows Trump walking ...
Read More »China tour ban deals blow to Japan’s goal of 40mn visitors
Bloomberg Japan’s goal of attracting 40 million visitors this year may already be in danger, following China’s decision to ban tour groups going overseas to help contain the impact of the rapidly spreading novel coronavirus. Chinese tourists made up almost a third of all arrivals to Japan in 2019, in a year that saw visitor growth impacted by a diplomatic ...
Read More »India’s economy seems to be shaking off slump
Bloomberg India’s economy appears to be shaking off a slump, as activity in the services and manufacturing sectors expanded for a second straight month in December. The needle on a gauge measuring so-called animal spirits signalled the economy may be taking a turn for the better, as five of the eight high-frequency indicators tracked by Bloomberg News came in stronger ...
Read More »Barnier pledges to work ‘night and day’ to get deal with UK
Bloomberg The European Union’s (EU) chief negotiator for a post-Brexit trade deal said he’ll work “night and day†for an agreement, though the UK‘s departure will have “innumerable and lasting consequences.†There is a risk the two sides will fail to get a trade agreement by the December 31 deadline and the UK crashes out of the bloc, Michel Barnier ...
Read More »US faces new tech-tax threat in Europe
Bloomberg Having just persuaded France to hold off on a digital tax that would hurt its biggest technology firms, the US is facing a similar threat from another part of Europe. The Czech Republic is debating plans to impose one of the world’s highest levies on global internet companies — albeit as a stop-gap measure — brushing aside possible US ...
Read More »VW CEO confident he can catch Tesla in e-car race
Bloomberg Volkswagen AG Chief Executive Officer Herbert Diess is preparing to muscle Elon Musk out of the electric-car lead. While Tesla Inc is paving the way in sustainable mobility, the world’s biggest automaker is buying software companies and ramping up investments in electric vehicles and battery cells, Diess said at World Economic Forum in Davos, Switzerland. “It’s an open race,†...
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