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ABU DHABI / WAM Sheikha Lubna bint Khaled Al Qasimi, President of Zayed University welcomed 2161 new students enrolled for the new academic year 2018-2019. She directed them to be ambitious, competent, and innovative to meet proposed future aspirations. During her video welcoming speech at the opening of the New Student Orientation Program in Abu Dhabi and Dubai campuses, Al ...

Bloomberg India is reworking proposed e-commerce rules after a draft, which had signalled a shift towards boosting domestic startups, sparked criticism, according to people familiar with the matter, who asked not to be identified as the discussions are private. Commerce Minister Suresh Prabhu tweeted on August 11 that his ministry had received a “few concerns,” and will reach out to ...

Bloomberg South Korea’s government will tell owners of some BMW AG cars in the country to keep the vehicles off the roads until the German carmaker completes safety checks to address a defect after reports of nearly 40 cases of fire this year alone. After announcing a recall of more than 106,000 BMW cars in the country, the transport ministry ...

Bloomberg His supporters are descending on Brazil’s capital by the busloads, his lawyers wage legal battles, and his party stages hunger strikes, sit-ins, and news conferences in defense of his right to bid for the country’s top job. In public, allies of former President Luiz Inacio Lula da Silva are pulling out all the stops to get the imprisoned leftist ...

Bloomberg Elon Musk continued to drip feed details of his controversial plan to take Tesla Inc. private, saying that he’s getting advice from Goldman Sachs Group Inc. and private-equity firm Silver Lake. In a tweet, the electric-car maker’s chief executive officer said he’s also lined up legal advisers for the possible transaction. A Tesla spokesman said Musk’s tweet refers to ...

Bloomberg Wall Street says Ford Motor Co. must cut its dividend. The automaker says that’s nonsense. The debate erupting over Ford’s quarterly payout to shareholders — including the founding family that derives millions from the disbursements — is exposing a growing and contentious divide over what needs to be done to fix the ailing automaker. Analysts at Morgan Stanley and ...

Bloomberg Vienna has ended Melbourne’s seven-year reign as the world’s most liveable city, according to the Economist Intelligence Unit. The Austrian capital scored a near perfect score of 99.1 out of 100 in the index, whose criteria include stability, healthcare and the environment. Cities in Australia and Canada took six of the top 10 spots, with the US again missing ...

ABU DHABI / WAM The relations between the UAE and Norway have witnessed increasing development, in line with their strong bilateral ties over the past decades with the value of their trade exchange reaching around $639.9 million in 2017, compared to $326.7 million in 2016, according to Ministry of Economy’s Trade Policy Review Report. The value of imports from Norway ...

AJMAN / WAM The Business Club licensing package by Ajman Media City Free Zone gives instant access to UAE and Arab region at the lowest investment and also gives freedom to focus on core business from day one, said Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Media City Free Zone. “Business Club business set up package offers ...

ABU DHABI / WAM Adnoc Distribution has reported that net profit for the six months ended June 30, increased by 18 percent to AED1,124 million compared with the same period last year. According to a press statement, EBITDA grew by 30 percent to AED1,443 million, and gross profit rose by 24 percent to AED2,609 million. Free cash-flow generation was up ...