Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday signed on the final metal part to be fitted into the Hope Probe. The piece ...
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ABU DHABI / WAM The seventh EcoWASTE Exhibition and Forum, focussing on the removal and storage of waste, is to be held from 13th-16th January, 2020, at the Abu Dhabi National Exhibition Centre. Guided by the vision of its wise leadership, which spares no efforts to achieve a better tomorrow for communities worldwide, the UAE has set an exemplary model ...
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DUBAI / WAM The Dubai Gold and Commodities Exchange (DGCX), on Sunday announced that it broke its annual volumes and Average Open Interest (AOI), records last year, making 2019 the most successful year since its launch. The exchange traded 23.06 million contracts in 2019 beating its previous record of 22.26 million contracts traded in 2018 with DGCX’s wholly-owned clearing house, ...
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ABU DHABI / WAM The Department of Urban Planning and Transport (DMT), announced that the 10th World Urban Forum (WUF10), the UN-Habitat conference that aims to raise awareness on sustainable urbanisation in cities and liveability across the globe, will be held in Abu Dhabi from February 8-13. To be hosted for the first time in the Arab region, the forum ...
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Bloomberg Japan said it would tighten immigration procedures in the wake of Carlos Ghosn’s dramatic escape from the country after skipping bail, and ordered an investigation on how the former Nissan Motor Co chief disappeared. Justice Minister Masako Mori said authorities were “promptly†asked to find out how Ghosn left Japan without detection once she became aware of the incident. ...
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Bloomberg India’s finance ministry has delivered a challenge to its revenue collectors: meet tax targets despite $20 billion of corporate tax cuts. Through a video conference on December 16, officials were exhorted to meet the direct tax mop-up target of 13.4 trillion rupees ($187 billion), a government official told reporters. Collection in the eight months to November grew at 5% ...
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Bloomberg President Donald Trump said the US has identified 52 Iranian sites it would hit if Tehran retaliates against the assassination of Iranian General Qassem Soleimani, stepping back from more conciliatory comments he made after the drone strike on the Islamic Republic’s most powerful military commander. Trump’s tough talk followed Tehran’s threat of a protracted response, and eclipsed his assertion ...
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Bloomberg Elon Musk’s decision to assemble Tesla Inc cars in China required years of planning and billions of dollars in spending. Now comes the challenging part. The electric Model 3 sedans rolling off the assembly line at Tesla’s Shanghai plant — its first outside the US — face a market where total vehicle sales are expected to fall for a ...
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Bloomberg HP Inc was awarded $439 million in damages against Quanta Storage Inc and its US subsidiary after a federal judge tripled a jury’s 2019 award for damages caused by a widespread scheme to inflate the price of optical disk drives. In October, a Houston jury ordered Quanta to pay HP $176 million in damages. US District Judge David Hittner ...
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Bloomberg Pinterest Inc has shed more than a quarter of its market value since the end of October, falling below its April initial public offering price. Yet many market watchers still think the social-media company has the right formula to boost advertising revenue and win over investors. Almost half of Wall Street analysts tracked by Bloomberg recommend buying the stock ...
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