Abu Dhabi / WAM An elite list of international human rights activists, representatives of civil society forces, non-governmental organisations, and experts on international humanitarian law and international law gathered in Abu Dhabi on Sunday for an international symposium to present an analytical, objective and critical reading to the United Nations report released last week by the Group of International and ...
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Abu Dhabi issues new laws for economic licenses
ABU DHABI / WAM The Department of Economic Development – Abu Dhabi (DED), has issued two decisions to facilitate economic activities in Abu Dhabi as part of the initiatives and incentives provided to the private sector companies and entreprises operating in the Emirate. These decisions will help improve the Emirate’s ranking in the Doing Business and Global Competitiveness Reports. The ...
Read More »N Korea tones down military parade, avoiding Trump’s ire
Bloomberg Kim Jong-un presided over a tempered military parade on Sunday, in the latest sign that he wants to revive stalled nuclear talks with the US as he pushes for North Korea to rejoin the international community. Kim marked the 70th anniversary of his grandfather’s regime without showing off provocative hardware such as long-range ballistic missiles that would likely have ...
Read More »China trade outlook darkens as US threatens total tariffs
Bloomberg China’s chances of escaping the trade conflict with the US with only minor damage to its economy just got slimmer. On September 7, US President Donald Trump doubled down on his threats to impose higher tariffs on the nation’s goods, saying he’s ready to tax all imports “at short noticeâ€. While economists see the immediate impact of trade tension ...
Read More »Chinese aluminum gushes onto world markets on ‘supply’
Bloomberg China sustained a surge in aluminum shipments to world markets in August as buyers sought supplies from the largest producer to replace metal from United Co. Rusal, which has been hit by US sanctions. Exports of unwrought aluminum and products reached 517,000 metric tons, almost the same as the 520,000 tons in July, which was the highest total in ...
Read More »Apple says proposed China tariffs to boost product prices
Bloomberg Apple Inc. said proposed US tariffs on $200 billion worth of products imported from China will raise prices for some of its popular consumer goods such as the Apple Watch and AirPods headphones. The Mac mini desktop computer, Apple Pencil stylus accessory for iPads, various chargers and adapters and tooling equipment used to manufacturer and design some products in ...
Read More »â€˜Europe is in no rush to regulate crypto market’
Bloomberg Crypto traders reeling from a week of losses are getting a soothing message from the European Union. Finance ministers gathering in Vienna agreed that they won’t rush with steps to further regulate the market, and that they’ll wait for the outcome of a thorough analysis by European authorities before deciding on any steps, according to officials involved in the ...
Read More »Musk rebuilds Tesla team from within amid chaotic exits
Bloomberg Elon Musk made a series of internal promotions to rebuild Tesla Inc.’s senior management team and downplayed media coverage of the electric-car maker, assuring employees that production and deliveries are surging. The chief executive officer filled the voids left by departing heads of human resources and communications and elevated Jerome Guillen to president of automotive operations. While Musk stopped ...
Read More »ADGM signs pact with Beijing Financial Street Services Bureau
Abu Dhabi / Emirates Business Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi, and the Beijing Financial Street Services Bureau concluded a Memorandum of Understanding (MoU) in Beijing, capital of the People’s Republic of China. The MoU was signed by Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM, and Li ...
Read More »Chinese pharma delegation tours ICAD
Abu Dhabi / Emirates Business In a bid to encourage Chinese drug manufacturers and exporters to explore investment opportunities within the burgeoning pharmaceutical sector in the UAE, Abu Dhabi Investment Office (ADIO) organised a field visit for a delegation from China Chamber of Commerce for Import & Export of Medicines & Health Products (CCCMHPIE) to the Industrial City of Abu ...
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