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Abu Dhabi / WAM Abu Dhabi won first place in the Best Destination – Middle East category for the second consecutive time at the Travel Weekly Asia Readers’ Choice Awards 2019. The award coincided with the emirate’s participation in the 12th edition of the ITB Asia travel trade show in Singapore, where the Department of Culture and Tourism – Abu ...

Bloomberg China’s top trade negotiator offered positive signals that talks with the US are making progress and both sides are working towards a partial trade deal. “China and the US have made substantial progress in many aspects, and laid an important foundation for a phase one agreement,” Vice Premier Liu He said at a technology conference in Nanchang, Jiangxi. He ...

Bloomberg Prime Minister Shinzo Abe’s cabinet approved draft legislation to impose tougher rules on overseas investments in the nation’s stock market, targeting foreign state-owned firms. The planned rules will require overseas investors to report in advance when they plan to buy more than 1% of shares in companies related to Japan’s national security, compared with the current 10% threshold, according ...

Bloomberg President Donald Trump pulled his Trump National Doral golf resort in Miami as the venue for the 2020 Group of Seven meeting after facing widespread criticism that he was using a major government event for personal gain. The search will start for a new location, including the possibility of using Camp David, he said in a tweet. In earlier ...

Bloomberg Sanofi is voluntarily recalling heartburn medication Zantac in the US and Canada amid worries that the medicine may be tainted with a compound that could cause cancer. The French pharma company’s announcement follows decisions from major drugstore operators in the US, including Walgreens Boots Alliance Inc and Walmart Inc, to pull the medication from store shelves. In addition, manufacturers ...

Bloomberg Brexit won’t have a big impact on the European or global economies, former Bank of England governor Mervyn King said, offering a counterpoint to persistent concerns by global policy makers that the move could further dent already-weakening growth. “I don’t honestly believe that Brexit has any great significance even for the rest of Europe, let alone the rest of ...

Bloomberg Lebanon is headed for a showdown after the government suffered its first resignations, as the country enters its fourth day of demonstrations in the largest such unrest in years. Four ministers from a major Christian party, the Lebanese Forces, stood down as Prime Minister Saad Hariri said he was working around the clock to come up with a plan ...

Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice Chairman of Abu Dhabi Executive Council, has inaugurated the Al Hayer residential project in Al Ain City. The AED687 million project includes 300 residential villas were built with typologies of Emirati housing in mind and designed around an ‘Emirati neighbourhood’ concept that meets the needs of Emirati ...

Abu Dhabi / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, has signed the ‘Covenant for Million Tolerant’, launched by the Zayed House for Islamic Culture (ZHIC), last April, at the ministry in Abu Dhabi. Signing on the document is seen in the framework of the ministry’s support to all voluntary efforts and initiatives conducted by individuals, local, ...

ABU DHABI / WAM The Emirates Authority for Standardisation and Metrology (Esma), revealed the strengths of the UAE Halal system, which enabled it to spread reliably worldwide. It allowed the state to take the leading position in regional and international efforts in the Halal file, and provide advice to raise the technical capabilities of the countries wishing to join the ...