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HADRAMAUT / WAM Up to 1,400 people from Al Fujair area in Trim district, Hadramaut, benefited from urgent relief aid distributed by the Emirates Red Crescent (ERC), as part of the UAE surge plan to ease the suffering of the Yemeni people. The UAE’s premier humanitarian aid provider distributed the aid among the eligible households in the district who have ...

VIENNA / WAM The Permanent Mission of the United Arab Emirates to the International Atomic Energy Agency (IAEA) in Vienna has launched the first National Nuclear Science for Development Student Competition in cooperation with the UAE Ministry of Education, the Federal Authority for Nuclear Regulation (FANR) and Emirates Nuclear Energy Corporation (Enec). Targeting high-school students from the age of 14 ...

Bloomberg Florence weakened to a tropical storm, trudging through the Carolinas at 5 miles per hour as it unloaded pelting rain and floods that killed at least five people. Its implacable advance threatens as much as $20 billion in damage, a toll that likely will unfold through the weekend. “Florence is still grinding its way across North Carolina,” Governor Roy ...

Bloomberg Meituan Dianping raised about $4.2 billion after the Chinese food review and delivery giant priced its Hong Kong initial public offering near the top of a marketed range, according to people with knowledge of the matter. China’s second largest tech startup priced its sale of 480.27 million new Class B shares at HK$69 apiece, the people said, asking not ...

Bloomberg Super Typhoon Mangkhut battered the Philippines with gales and torrential rains, leaving at least three people dead and thousands homeless, triggering landslides and damaging an airport before heading towards China. The most powerful storm of the year ripped into Cagayan province in the northern Philippines with winds of up to 269 kilometres (167 miles) per hour. By US standards ...

Bloomberg Volkswagen AG’s board is working towards a decision to list its heavy-truck division, a move that would generate fresh funds for its bid to challenge global leaders Daimler AG and Volvo AB, according to people familiar with the matter. VW’s supervisory board plans to discuss the matter early next week, and the truck unit will host a capital markets ...

Bloomberg Facebook Inc. co-founder Mark Zuckerberg has to explain in court why he dropped a plan to create non-voting shares, which would’ve allowed him to retain control of the world’s largest social-media company after selling most of his stake to fund charitable works. Delaware Chancery Court Judge Travis Laster ordered Zuckerberg to testify on November 19 in a lawsuit brought ...

Bloomberg Publicly traded landlord Equity Residential is marketing two Manhattan apartment buildings, and just completed the sale of a third, as it seeks to reduce its holdings in a rental market that’s softening. The Chicago-based real estate investment trust is looking to sell 800 Sixth Ave., a high-rise tower in Chelsea, and 505 W. 54th St. in Hell’s Kitchen, according ...

ABU DHABI / WAM­­­­­ Masdar, Abu Dhabi Future Energy Company, will help the Public Utilities Corporation (PUC), in building a five-megawatt solar photovoltaic power plant with battery storage in Seychelles. The project is being financed by a AED31 million loan from Abu Dhabi Fund for Development (ADFD), as well as funds from PUC’s own equity. The project’s Engineering, Procurement And ...

Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, stated that Sharjah is supporting qualified UAE nationals in all areas, to find suitable solutions to the challenges facing the development of its cities and regions. He also noted the developments taking place in many projects and services requires everyone’s combined ...