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DUBAI / WAM The Federal Competitiveness and Statistics Authority (FCSA) has announced the signing of ten MoUs and strategic partnership agreements that aim to develop national capabilities in the field of statistics and accelerate the effort to meet the United Nation’s Sustainable Development Goals 2030 (SDGs). The announcement was made on the first day of the second UN World Data ...

Bloomberg As China braces for the full impact of President Donald Trump’s trade war, it’s seeking to learn from Japan’s economic battles with the US during the Reagan years. Chinese officials, business people and academics have been pressing Japanese counterparts to share experiences from the 1980s, when Tokyo found itself in Washington’s crosshairs as its huge trade surplus and increasing ...

Bloomberg Asia’s largest economy, China, has long had a reputation for smoggy skies. But these days, neighbouring India is fighting the far bigger battle with pollution: The South Asian country is home to the world’s 10 most polluted cities. India has long struggled to pull together the type of coordinated national approach that’s helped China reduce pollution. Prime Minister Narendra ...

Bloomberg Fiat Chrysler Automobiles NV agreed to sell its car-parts unit, Magneti Marelli, to KKR & Co.’s Calsonic Kansei in the first major deal for the Italian-American carmaker under new Chief Executive Officer Mike Manley. The transaction, valued at 6.2 billion euros ($7.1 billion), will create Japan-based Magneti Marelli CK Holdings, according to a statement. Beda Bolzenius, chief executive officer ...

Bloomberg Four-fifths of UK companies have cut or withheld investment because of the uncertainty caused by Brexit, Britain’s biggest business lobby said. Some 58 percent of businesses have made plans to cut jobs, adjust supply chains, relocate production and services or stockpile products if no clarity emerges soon on Britain’s future relationship with the European Union after Brexit, according to ...

Bloomberg Netflix Inc. will make its most important announcement of the year on Tuesday, reporting how many new customers signed up for the world’s largest paid online TV service over the past three months. With tech stocks taking a drubbing this month, investors will be seeking reassurance that the company’s disappointing second quarter was just a blip and not a ...

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 on Sunday Boyko Borissov, Prime Minister of Bulgaria, and discussed with him ways of strengthening bilateral relations between both countries, in addition to a number of regional and international issues of common interest. ...

Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the National Policy for Senior Emiratis to reflect the directions of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, to cater for all segments of the UAE society and ensure ...

Dubai / WAM A delegation led by the Dubai Chamber of Commerce and Industry participated in the second UAE-France Economic Forum in Paris, which highlighted strengthening economic ties between the UAE and France, and explored prospects of expanding bilateral cooperation in areas of smart cities, renewable energy and investment. The high-level forum was organised by the Dubai Chamber of Commerce ...

HODEIDAH / WAM Dr Al Hassan Ali Taher, Hodeidah Governor, praised the UAE’s development and infrastructure services being carried out in Yemen’s Red Sea Coast region, noting their economic and social impacts on Yemenis and confirming the humanitarian commitment of the UAE towards the Yemeni people. Taher said the Yemeni people appreciate the UAE’s humanitarian and development role in Yemen, ...