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Abu Dhabi / WAM The Khalifa Fund for Enterprise Development (KFED), in collaboration with Mohammed Bin Rashid Establishment for SME Development, Dubai SME, successfully held the second Tawasul Forum for 2018 in Dubai in the presence of Khalifa Fund’s members and SMEs entrepreneurs, as well as government and private entities. The forum is part of a series of qualitative initiatives ...

Bloomberg Almost 200 Congressional Democrats got a go-ahead from a judge to pursue a lawsuit claiming that Donald Trump is violating a Constitutional ban on receiving benefits from foreign governments without their permission while he’s president. US District Judge Emmet Sullivan in Washington denied a Justice Department request to dismiss the lawsuit, filed last year by Connecticut’s Richard Blumenthal and ...

Bloomberg Facebook Inc. said it discovered a security breach earlier this week that affected almost 50 million accounts the latest in a series of missteps that are undermining confidence in the company’s social network and business model. The social-media network said in a statement that it has fixed the breach, which allowed hackers to take over people’s accounts. Law enforcement ...

Bloomberg The Trump administration and Canada are making a renewed push to keep Nafta a trilateral accord, prompting the US and Mexico to postpone publishing a text of their two-way trade deal Friday, Mexican Economy Minister Ildefonso Guajardo said. Mexico earlier in the day said it was planning to release a more complete draft of its preliminary trade agreement with ...

Bloomberg US health officials are trying to increase the rate of flu vaccinations this year after a severe outbreak last season killed a record number of children and led to spot shortages of antiviral medications like Tamiflu. In a panel hosted by the National Foundation for Infectious Diseases and the Centers for Disease Control and Prevention in Washington, US Surgeon ...

Bloomberg KKR & Co. and Blackstone Group LP are among suitors that have expressed interest in acquiring a stake in Shriram Group, the Indian finance conglomerate backed by billionaire Ajay Piramal, people with knowledge of the matter said. The two private equity firms have each held preliminary talks in recent months about buying stakes in Chennai-based Shriram Group owned by ...

Bloomberg Tencent Holdings Ltd. is turning into a serious drag for emerging-market investors. The stock has tumbled 18 percent since June, its worst performance relative to an index of global technology companies since it started trading in 2004. The biggest stock in Asia — and one which 48 analysts recommend buying — extended its decline even as the MSCI World ...

NEW YORK / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, participated in the first meeting of the High-Level Panel on Digital Cooperation, convened by UN Secretary-General Antonio Guterres in the margins of the UN General Assembly in New York on September 24-25. “The issues this panel is working on affect practically every aspect of ...

Abu Dhabi / WAM In a bid to achieve food security in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), has allocated nearly AED3.2 billion towards development projects in the agricultural and irrigation sectors. Representing seven percent of the total financial assistance contributed by the fund in supporting developing countries to date, this assistance has allowed ...

Abu Dhabi / WAM The Khalifa Fund pavilion at the International Hunting and Equestrian Exhibition – Abu Dhabi 2018, has received an overwhelming response, evident in its high visitor and participant turnout. The fund’s participation at the event is in line with its strategy to promote entrepreneurship, support SMEs, foster national heritage and motivate Emirati entrepreneurs to create innovative enterprises ...