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Bloomberg Iran’s top diplomats are touring neighboring countries, including three Arab Gulf monarchies, to try to shore up support after the US announced plans to increase troop deployments in the region and sell weapons to some of the Islamic Republic’s top rivals. Foreign Minister Mohammad Javad Zarif arrived in the Iraqi capital, Baghdad, for meetings about the frictions, the semi-official ...

Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, attended a celebration held at the Sheikh Zayed Grand Mosque to mark Zayed Humanitarian Work Day, which falls on 19th of Ramadan every year. The event was sponsored by the Ministry of Presidential Affairs and organised by the General Authority for ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, emphasised that the UAE aspires to become the top destination for scientists, researchers and makers of tomorrow to strengthen the UAE’s march towards achieving sustainable economic development. “The UAE is renowned for being an incubator for creative ...

Abu Dhabi / WAM The total contributions to the ‘UAE for Rohingya Women and Children’ campaign reached AED 33 million ($8.98 million) in the first day of the campaign. The campaign, launched on Friday across the UAE, comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al ...

ABU DHABI / WAM The Board of Directors of the Central Bank of the UAE (CBUAE), held their fourth meeting for 2019. The meeting hosted at CBUAE Head Office, took place under the chairmanship of Hareb Masood Al Darmaki, the Chairman of the Board, and attended by Abdulrahman Saleh Al Saleh, Deputy Chairman of the Board, Mubarak Rashed Al Mansoori, ...

Bloomberg President Donald Trump says he may resolve a dispute over Huawei Technologies Co as part of a trade agreement with China, yet doing so would undercut US assertions the company poses a national security threat. Days after trade talks with Beijing hit an impasse, the US put the Shenzhen-based maker of telecommunications gear on a blacklist over concerns it ...

Bloomberg Malaysia is in discussions with China-based contractors for compensation relating to pipeline projects worth 9.4 billion ringgit ($2.24 billion). The government is negotiating with China Petroleum Pipeline Engineering Co and Huanqiu Project Management Beijing Co on the total compensation to be paid by Suria Strategic Energy Resources Sdn, which was overseeing the projects, for the termination of the work, ...

Bloomberg The Trump administration is proposing tariffs on goods from countries found to have undervalued currencies, in a move that would further escalate its assault on global trading rules. The proposal, laid out in a Federal Register notice released, would let US-based companies seek anti-subsidy tariffs on products from countries found by the US Treasury Department to be engaging in ...

Bloomberg Robert Bosch GmbH agreed to pay 90 million euros ($100 million) to end a probe by German prosecutors into rigged diesel engines, following much more costly settlements by its customer Volkswagen AG. Bosch is being fined for “negligent breach of supervision duties,” the prosecutor’s office in Stuttgart said in an emailed statement. The company supplied about 17 million engine-control ...

Bloomberg German business confidence fell to the weakest in more than four years as the escalation of global trade tensions weighed heavily on outlook. Along with a survey showing manufacturing still contracting and new orders falling, it’s a reminder of the shaky situation Europe’s largest economy is in. Its car industry is in upheaval and industrial giants such as Thyssenkrupp ...