Dubai / WAM Dubai Frame has attracted the attention of a large number of visitors to Dubai, as it received a million visitors from around the world during its first year of opening. “The Dubai Frame comes from the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to establish Dubai ...
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Pompeo Mideast trip fails to ease questions over US goals
Bloomberg Secretary of State Michael Pompeo arrived in the Middle East a week ago on a mission to prove the Trump administration can be a reliable partner in tackling the region’s thorniest problems. He returns having failed to stifle doubts that have dogged the US for years. With stops in eight countries in eight days, Pompeo sought to hammer home ...
Read More »Huawei founder breaks silence to deny spying
Bloomberg Ren Zhengfei, the billionaire founder of Huawei Technologies Co, broke a years-long silence to dismiss US accusations the telecoms giant helps Beijing spy on Western governments. Ren denied suggestions that Huawei aids the Chinese government in espionage, saying it has no regular contact with Beijing as his technology empire faces its biggest crisis in its three decades of existence. ...
Read More »Toyota Motor’s new Supra, first in 21 years, launched
Bloomberg After multiple leaks on blogs and social media, Toyota unveiled in Detroit on Monday the fanboys’ most darling of darlings: the 2020 Supra. It’s the first time Toyota Motor Corp has made and sold a new Supra in the US in 21 years. It’s also the first time the automaker has built a throwback sports car that includes BMW ...
Read More »Big tax break for businesses at risk as US shutdown drags on
Bloomberg The longest government shutdown in US history could cause tens of thousands of businesses to make a tough choice about whether to claim one of the biggest perks in the Republican tax overhaul. Owners of so-called pass-through entities such as partnerships and limited liability companies have to file their businesses’ returns by March 15 — and still don’t have ...
Read More »Germany dodges recession with Q4 growth
Bloomberg Germany’s economy narrowly avoided a recession at the end of 2018 after a slump in industry raised concerns over Europe’s growth engine. There was a “slight†increase in gross domestic product in the three months through December, according to the Federal Statistics Office, which will publish official figures next month. But the quarter rounded out a year in which ...
Read More »GE could face hefty fines over ‘jobs’ in France
Bloomberg Four years ago, General Electric Co made a commitment to win France’s approval to buy Alstom SA’s energy business: it would create jobs or pay a hefty fine. The Boston-based company pledged it would add 1,000 positions in France by end-2018, failing which it would pay the French government a fine of 50,000 euros ($57,000) for every job not ...
Read More »Mohamed honours winners of Zayed Sustainability Prize 2019
Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE 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, alongside leaders and representatives from the winners’ countries, presented awards to the 10 winners ...
Read More »Mohamed receives Chinese President’s message
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 a verbal message from President of China, Xi Jinping, regarding the strategic relations between the two countries. This occurred when he received Chinese President’s Special Representative, Member of the Political Bureau of the ...
Read More »â€˜Dubai Future Foundation a global model for innovation’
DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), said that the Foundation has managed to present a successful model to the world in term of innovation, through launching and supporting innovative and creative ideas. During a visit to ...
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