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VP, Mohamed discuss ties, regional issues with Egypt’s president

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Abdel Fattah el-Sisi of Egypt, discussed during their meeting in Abu Dhabi, ...

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Mohammed attends Dubai International Cycling Tour

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, attended some of the competitions of the first stage of the 5th Dubai International Cycling Tour, organised by Dubai Sports Council until February 10. His Highness Sheikh Mohammed watched the race as the cyclists passed through the Al Marmoum ...

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UAE, Japan collaboration deal to benefit Abu Dhabi’s agri sector

Abu Dhabi / WAM The Abu Dhabi Farmers’ Services Centre (ADFSC), concluded a cooperation agreement with Japan’s Sumitomo Mitsui Banking Corporation (SMBC), which provides financial services to the UAE and Japanese companies operating in the UAE. The agreement was signed on the sidelines of the 2018 Global Forum for Innovations in Agriculture (GFIA). The agreement was signed by the ADFSC ...

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ADNOC to supply natural gas to help meet Dubai’s energy needs

ABU DHABI / Emirates Business The Abu Dhabi National Oil Company (ADNOC) signed, on Tuesday, a 15-years gas sales agreement with the Dubai Supply Authority (DUSUP) for the supply of natural gas, to help meet Dubai’s energy needs. The agreement was signed, at ADNOC’s headquarters, by HH Sheikh Ahmed bin Saeed Al Maktoum, Director General of DUSUP and Dr Sultan ...

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Emirates SkyCargo launches services to Maastricht

Dubai / Emirates Business Emirates SkyCargo, the freight division of Emirates, is expanding its footprint in Europe with the launch of new scheduled freighter services to Maastricht. Maastricht will join Emirates SkyCargo’s global freighter network of over 40 cities and will become the second freighter destination in the Netherlands after Amsterdam. Emirates SkyCargo will initially operate two freighter flights a ...

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India healthcare plan an ‘absolute game changer’, says PM Modi aide

Bloomberg India’s push towards universal health-care has Prime Minister Narendra Modi’s political opponents worried, a top government adviser said. Modi’s government announced a plan to provide health insurance to 100 million poor families, which would cover about 40 percent of the population. India plans to cover the entire population “sooner than later,” according to Rajiv Kumar, vice chairman of the ...

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China’s pension shortfall emerges as big challenge for government

Bloomberg China’s pension shortfall is emerging as the next big challenge for policy makers as they intensify their years-long campaign to keep rising debt from derailing the economy. Aging in the world’s most populous country means pension contributions by workers no longer cover retiree benefits, forcing the government to fill that gap since at least 2014. Pension expenses rose 11.6 ...

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EU to replenish ranks with western Balkans post-Brexit

Bloomberg Serbia and Montenegro may join the European Union by 2025, the bloc’s executive will say, urging the western Balkan countries to improve the rule of law, curb corruption and put aside past grudges to enter the world’s largest trading club. The EU is offering a path to membership two decades after the bloody breakup of the former Yugoslavia. Along ...

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Robots may affect 30% of UK jobs, finance sector to take early hit

Bloomberg Financial services workers will be among the first to be hit by the rise of automation while women will feel the effects earlier than men, according to research by PricewaterhouseCoopers. The report—which analysed more than 200,000 jobs across 29 countries—anticipates three stages of automation between now and the mid-2030s, which will eventually impact almost one third of UK workers. ...

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Apple cuts on bond buying to bring cash home

Bloomberg Apple Inc. is pulling back on buying corporate bonds with its overseas cash as it prepares to bring the money home to the US, according to people with knowledge of the matter. About $157 billion of Apple’s $285 billion in cash, mostly held overseas, is invested in corporate debt, making it a leading lender. The cutback in buying, echoed ...

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