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ABU DHABI / WAM The number of Emirati female investors reached 220,000 by the end of the first half of 2018 and the number of shares they hold is about 3.5 billion with a market value of about AED20 billion. Whereas their total trading value (buy + sell) during the year 2017 was around AED5 billion and about AED1.8 billion ...

Bloomberg One longstanding US ally still thinks North Korea poses an urgent nuclear threat. Another is steadily increasing economic ties with the regime. And Kim Jong-un is doing his best to exploit the divide. Less than three months after shaking Kim’s hand in Singapore, US President Donald Trump is confronting an increasingly fractured diplomatic landscape as his two key allies—Japan ...

Bloomberg Surendrasingh Sucharia always has a few thousand rupees in his pocket, but can’t recall the last time he used cash. The 29-year-old product manager in Bangalore uses a string of smartphone apps including ones from Google and India’s Paytm to pay for everything from $40 bags of groceries to street food that costs pennies. A bewildering array of digital ...

Bloomberg India plans to spend $1.4 billion to send a crew of three to space by 2022, spurred by PM Narendra Modi’s goal that will help the country break into an elite club. A module with three astronauts will be launched from Sriharikota, a tiny barrier island in southeastern India, taking the passengers on a seven-day voyage around the Earth, ...

Bloomberg In the shadow of an escalating trade war, momentum is picking up to protect the World Trade Organisation from turning irrelevant. The European Union will host trade ministers from the US and Japan next month in Brussels, according to two officials with knowledge of the meeting. The gathering will be part of an effort to address China’s trade practices ...

Bloomberg Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road. The Japanese automaker is investing $500 million in Uber, the companies said. The deal values the ride-hailing giant at $72 billion, said a person familiar with the matter. As part of the pact, Toyota ...

Bloomberg Judging from the jump in General Motors Co. and Ford Motor Co. shares, the market thinks President Donald Trump’s accord with Mexico to replace the North American Free Trade Agreement will enable US automakers to carry on business as usual. This could be right, with one big caveat: The companies are going to need Canada to join the deal, ...

DUBAI / WAM Retail pioneer Union Coop signed an investment contract with Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO) to establish a commercial centre worth an estimated AED94.442 million. The investment contract was signed by Dr Juma Al Matrooshi, Deputy CEO for Operations and Client Affairs at the DSOA, and Khalid Humaid bin Diban ...

ABU DHABI / WAM Emirati women have overcome many traditional obstacles that obstructed their progress in many countries, enabling them to rise to the stage of complete social partnership and equal representation, as well as to become pioneers in many strategic sectors. Coinciding with the country’s celebration of Emirati Women’s Day that will be held this year under the theme, ...

Dubai / Emirates Business To celebrate the inaugural flight to Edinburgh on October 1, Emirates is offering passengers attractive fares to the Scottish capital. Travellers in the UAE can book special fares on all Economy and Business Class travel from Monday until September 10 for travel between October 1 and May 31, 2019. Economy Class passengers can enjoy fares starting ...