MOSCOW / WAM Russian media has highlighted the rousing reception accorded to Russian President Vladimir Putin in the UAE, praising the warm hospitality he received. In a story titled, ‘Red Carpets Are for Wimps! How UAE Greeted Russian President Vladimir Putin’, published by the Russian news agency, Sputnik, said that the “reception that the hosts offered him in Abu Dhabi ...
Read More »Uncategorized
Abu Dhabi launches AI lab to improve service efficiency
ABU DHABI / WAM Abu Dhabi Digital Authority (ADDA), launched the ‘Artificial Intelligence Lab,’ a new initiative which will provide a dedicated platform to develop innovative digital solutions using AI and machine learning and apply these solutions to improve the efficiency in services and contribute to excellence in government performance. The AI lab, which was announced at the recently concluded ...
Read More »India’s Tata looks for JLR partners, but rules out sale
Bloomberg The Indian conglomerate that owns Jaguar Land Rover (JLR) said it is open to finding partners for the automaker but isn’t planning on selling the embattled unit. “We’re not going to sell,†said Natarajan Chandrasekaran, chairman of Tata Sons Ltd, the holding company in an expansive business empire that includes Tata Motors Ltd. “Auto is a core business for ...
Read More »China’s Huawei eyes No. 2 wireless market as India sits on 5G fence
Bloomberg Huawei Technologies Co, the wireless network giant blocked from selling its equipment in the US and some other markets, is betting it can find customers for its 5G gear in India, where the government has yet to weigh in on US calls for a boycott against the Chinese company. The world’s largest maker of components for 5G networks said ...
Read More »GM, UAW hammer out details as signs show agreement near
Bloomberg Labour talks between General Motors (GM) Co and United Auto Workers (UAW) leaders are pushing into Wednesday, inching toward a tentative agreement that could end a strike now in its fifth week. Negotiators are showing signs of progress: GM Chief Executive Officer Mary Barra made a personal appearance at the main bargaining table, and UAW bosses have summoned their ...
Read More »Businesses aren’t ready for no-deal Brexit: UK watchdog
Bloomberg The UK will introduce mandatory checks on trucks to ensure they’re ready to cross the border in the event of a no-deal Brexit as a majority of businesses remain unprepared, the public spending watchdog said. The border will be “less than optimal†under a no-deal exit, meaning delays for businesses and the public, the National Audit Office (NAO) said ...
Read More »Surging SUV demand is spooking German workers building sedans
Bloomberg Germany’s car industry built its world-class reputation on sedans like the Audi A4, the BMW 5-Series and the Volkswagen Passat, reliable models that look good in the family driveway or company lot. But a shift in consumer taste to more hulking vehicles is coming at the worst possible time. Demand for sport utility vehicles that initially took hold in ...
Read More »Sheikh Mohamed, Putin hold official talks
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Vladimir Putin of Russia on Tuesday held an official meeting at the Presidential Palace in Abu Dhabi. His Highness welcomed the Russian President and his accompanying delegation. Sheikh Mohamed bin Zayed expressed ...
Read More »Adnoc awards Lukoil 5% stake in gas concession
Abu Dhabi / WAM The Abu Dhabi Government and the Abu Dhabi National Oil Company (Adnoc), awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (Lukoil), a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, Adnoc, ...
Read More »UAE’s 10-year strategy to attract investments in space sector
ABU DHABI / WAM The UAE Space Agency (UAESA), announced the details of its National Space Strategy 2030 and National Space Investment Plan, complementing the regulatory and legislative framework of the UAE’s national space sector and in line with the strategic objectives of the Agency. The announcement was made during an official ceremony held in the UAE capital, Abu Dhabi. ...
Read More »
The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.