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DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, inaugurated the headquarters of the Federal Youth Authority (FYA), at the Emirates Towers, Dubai. His Highness also approved FYA’s operational plan and initiatives that aim to utilise the youth’s capabilities and creativity so that they can become ...

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, received Roch Marc Christian Kabore, President of Burkina Faso, to discuss relations between the UAE and Burkina Faso. During their meeting, which took place on Wednesday in the Al Shati Palace, both sides discussed ...

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has issued the Council’s Resolution No. (3) of 2019 that regulates autonomous vehicle testing in Dubai. The new Resolution, the first such initiative in the region, is part of the first phase of a legislative framework being created ...

Abu Dhabi / WAM HH Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, inaugurated the 29th edition of Abu Dhabi International Book Fair (ADIB), on Wednesday at the Abu Dhabi National Exhibition Centre (Adnec). The event is being held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown ...

Bloomberg SoftBank Group Corp’s $1 billion bet on Wirecard AG is a boon for the battered German digital-finance firm and secures a major European partner for the Japanese tech conglomerate that’s bulking up in mobile payments. For SoftBank, the agreement furthers its transformation from a telecommunications operator into a technology investor under founder Masayoshi Son. For Wirecard, the investment means ...

Bloomberg Britain is set to toughen the rules under which Huawei Technologies Co operates in the country while stopping short of an outright ban on the Chinese telecom equipment maker, according to people familiar with the matter. The measures, designed to address concerns that Chinese intelligence could use Huawei’s systems to spy on other countries, are expected to involve closer ...

Bloomberg President Donald Trump is seriously considering waiving the requirement that only US flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to people familiar with the deliberations. The issue was debated during an Oval Office meeting, following requests from Puerto Rico and pressure from oil industry leaders to ease the ...

Bloomberg Swiss drugmaker Novartis AG is plotting a faster course after spinning off its Alcon eye-care business. Earnings excluding some items are expected to increase by a high single-digit percentage, the Basel, Switzerland-based company said on Wednesday, raising its guidance. Adjusted earnings per share beat analysts’ estimates in the first quarter. The stock rose as much as 2.8 percent in ...

Bloomberg Bayer AG is facing mounting opposition ahead of what’s shaping up to be its most contentious annual meeting in years, with influential shareholders faulting management for failing to foresee the risks of the company’s biggest deal ever. A growing number of shareholders have said they won’t support executives and supervisory board members in a no-confidence vote at Friday’s annual ...

Bloomberg Kim Jong-un is grappling for a way out of his stalemate in nuclear talks with Donald Trump as he meets Russian President Vladimir Putin for the first time on Thursday, seeking diplomatic support. The North Korean leader is expected to highlight his Kremlin counterpart’s backing for easing international sanctions on his tiny and battered economy when they meet on ...