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Abu Dhabi / WAM The 6th edition of the International Franchise Exhibition (IFE), organised by the Abu Dhabi Chamber of Commerce and Industry, kicked off with the participation of key government entities, numerous major international brands, companies, and renowned experts alongside thousands of visitors from 16 countries. The exhibition is being held at the Abu Dhabi National Exhibition Centre (ADNEC), ...

Bloomberg India’s bullet train project is moving at the pace of a commuter train instead. A year after the project was kicked off, only 0.9 hectares of land have been acquired out of the 1,400 hectares needed, according to the Indian government company leading the project. The $15 billion facility, the highlight of Prime Minister Narendra Modi’s drive to upgrade ...

Bloomberg A strict immigration policy has helped make Japan one of the world’s oldest and most homogeneous societies. Now, Prime Minister Shinzo Abe’s plan to invite as many as half a million foreign workers is testing the country’s tolerance for change. Abe is preparing to introduce legislation to allow migrants to start filling vacancies next year in sectors worst hit ...

Bloomberg Uber Technologies Inc and Lyft Inc are solidifying plans for initial public offerings next year, when a wide pool of investors will decide what the money-losing ride-hailing businesses are actually worth. Wall Street’s top banks, vying for a coveted underwriting spot on Uber’s IPO, suggest the San Francisco company could produce one of the most valuable offerings ever. In ...

Bloomberg Europe’s car lobby said a no-deal Brexit would threaten the very business model of companies operating in the UK and on the continent, urging negotiators to do everything in their power to avert a worst-case scenario on the eve of a summit in Brussels. Carmakers and suppliers’ steps to prepare for the event of a disorderly withdrawal from the ...

Bloomberg Netflix Inc is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher. After a stumble with its previous results, the world’s largest paid online TV network added far more subscribers than analysts expected in the third quarter. Netflix also issued an upbeat outlook for ...

DUBAI / WAM The Dubai Airport Freezone Authority (Dafza) showcased the development of new investments and initiatives delivered at the Gitex Technology Week, which is currently being held at the Dubai World Trade Center (DWTC). The free zone authority showcased the advantages of the new services and the investment benefits they offer to regional and international companies. During the event, ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday launched ‘Madrasa’, the largest free e-learning platform in the Arab world, a revolutionary new project under the umbrella of the Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI). The platform offers 5,000 Arabic educational videos on ...

Abu Dhabi / Emirates Business Etihad Airways and Abu Dhabi Waste Management Center (Tadweer) are set to collaborate on a landmark research project to explore how municipal waste can be converted into jet fuel. Representing a major development in the adoption of sustainable fuel, one of the aims of the project would be to use the final jet fuel on ...

RAS AL KHAIMAH / WAM Customers in Sharjah, Ras Al Khaimah, Fujairah, Umm Al Qaiwain and Ajman will be able to choose to self serve free of charge or use the premium service for AED10 when they refuel their cars. Adnoc Distribution also said it will continue to offer four fuel products across its network, including the UAE’s lowest priced ...