Uncategorized

Dubai / WAM The Government of Dubai Media Office (GDMO), represented by its creative arm, Brand Dubai, signed a Memorandum of Understanding (MoU), with the Roads and Transport Authority (RTA), to undertake beautification projects across the city over the next three years. Under the agreement, the two organisations will establish strategic cooperation to implement public art projects aimed at enhancing ...

Bloomberg North Korea has begun to dismantle a key rocket and engine-testing facility, according to an independent analysis of satellite imagery, a move that could bolster nuclear talks with the US amid signs of strain. North Korean authorities have in recent days started demolishing a building at the Sohae Satellite Launching Station where space-launch vehicles are assembled before launch, according ...

Bloomberg Protectionism is starting to weigh on the euro area’s economy. Growth in the region softened in July on weaker new orders and deteriorating confidence, according to a survey published on Tuesday. More worryingly, companies reported rising prices for raw materials, delivery delays and shortages, suggesting that tariffs — or the threat thereof — are already starting to disrupt global ...

Bloomberg British firms that get foreign direct investment (FDI) are more productive, especially small and medium-sized businesses. Experimental data from the Office for National Statistics showed that small firms that received money from overseas were 147.2 percent more productive on average than their counterparts. Medium firms saw a 197.4 percent boost, the report said. While just 1.1 percent of British ...

Bloomberg Google is still raking in marketing dollars from advertisers, propelling the online search giant to another strong quarter in the face of costly regulatory trouble in Europe. The shares jumped as much as 6.1 percent in extended trading, putting them on course for a record. Parent company Alphabet Inc. reported second-quarter sales, minus partner payouts, of $26.24 billion during ...

Bloomberg Alibaba Group Holding Ltd.’s food delivery platform Ele.me plans to spend $443 million this quarter trying to wrest customers from Meituan Dianping. Ele.me wants to command more than half of all food delivery transactions in China over the short- to medium-term, according to Chief Executive Officer Wang Lei, who took the reins after Alibaba acquired the startup this year. ...

Bloomberg When South Korean President Moon Jae-in was greeted with four deep bows from de facto Samsung Group chief Lee Jae-yong earlier this month in India, the footage quickly went viral back home. The overseas encounter between two of South Korea’s most powerful men — their first since Moon’s election on an anti-establishment platform last year — struck a chord. ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday opened Warner Bros. World Abu Dhabi, the world’s first-ever Warner Bros. branded indoor theme ...

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD), released its annual report for 2017, highlighting its efforts and commitment to protecting and enhancing air quality, groundwater and the biodiversity of the Emirate of Abu Dhabi’s land and marine ecosystem. In his introductory message to the report, His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in ...

DUBAI / WAM Dubai is set to host the 3rd edition of The Global Franchise Market Exhibition (TGFM), the official franchising event in Dubai offering a dedicated platform for local and international ‘franchisors’ and ‘franchisees’ to explore new business partnerships and investment opportunities, on the December 5-6 this year, at the Dubai International Convention and Exhibition Centre. This year, TGFM ...