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UAE unveils 5-year multi-entry tourist visa

ABU DHABI The UAE cabinet has approved the issuance of a five-year multi-entry tourist visa for all nationalities visiting the country. The decision was made during the cabinet’s first meeting during 2020 the Year of Preparation, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The move comes in a bid ...

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2020 marks start of ‘decade of action’, say policymakers

Abu Dhabi / WAM The year 2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared on Monday ahead of Abu Dhabi Sustainability Week (ADSW). ADSW 2020, one of the largest sustainability gatherings in the world and a ...

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Etisalat launches ‘CloudTalk’

ABU DHABI / WAM Etisalat announced the launch of a cloud-based business unified communication and collaboration service, ‘CloudTalk’, for small and medium businesses and enterprise customers in the UAE. In a statement, the UAE-based telecommunications services provider said that it had partnered with Ribbon Communications “to provide customers with a secure, scalable, and cloud-native business communication and collaboration solution.” Ribbon ...

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DLD to host 16th edition of IPS 2020 in March

DUBAI / WAM The Dubai Land Department (DLD), will organise the 16th edition of the International Property Show (IPS 2020), at the Dubai World Trade Centre from March 24-26, amid high optimism that new government policies and the Expo 2020 Dubai will drive the growth of the emirate’s property market in 2020 and beyond. Dawood Al Shezawi, President of IPS ...

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Soleimani killing leaves Trump’s Middle East strategy in tatters

Bloomberg US President Donald Trump and his top aides spent the weekend arguing that the killing of Iranian General Qassem Soleimani would deter future attacks and make the Middle East safer. Instead, US policy in the region seems to be going in the opposite direction of what Trump has long promised — with more US troops going in, not fewer; ...

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Strikes against French pension reform enter second month

Bloomberg Strikes against French president Emmanuel Macron’s pension reform plan entered their second month, the longest such action for state-owned railway company SNCF. Transport remained gummed up as unions prepared for two more days of street protests while the government said a compromise was near. Prime minister Edouard Philippe will start another round of discussions with union representatives on Tuesday, ...

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Give up FB for a month and help economists fix GDP

Bloomberg Would you give up Facebook for one month in exchange for $50? The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a new paper, may help economists get a better measure of the extent to which new, free technologies are reshaping the economy and our lives. The answer, unsurprisingly, is a lot. They estimate that the social ...

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Leading China carmaker BAIC says competition is ‘brutal’

Bloomberg Beijing Automotive Group Co hopes to sell at least the same amount of vehicles this year as in 2019 as it battles “brutal” competition and a prolonged slowdown in China’s car market. China’s fourth-largest carmaker is targeting up to 2.35 million vehicle sales in 2020, General Manager Zhang Xiyong said at a news conference in the northeastern province of ...

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China plans to send team for January 15 deal signing in US

Bloomberg The Chinese trade delegation plans to sign the first phase of its trade deal with the US in Washington on January 15, according to people familiar with the matter. The plan is still to send its top negotiator, vice premier Liu He, to ink the deal, said the people, who asked not to be identified discussing the private plans. ...

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Ratan Tata is fighting to save legacy

Bloomberg After ousting his protege-turned-foe from the helm of Tata Sons Pvt in a boardroom coup three years ago, Ratan Tata was looking forward to a partial retirement. Instead, he’s fighting the battle all over again — this time in a court. India’s Supreme Court is expected to hear as early as this week an appeal by the $111-billion conglomerate ...

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