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AUH enhances traveller experience this summer

Abu Dhabi / Emirates Business With its offering of transit visas on arrival, flight updates via social media, efficient and innovative passenger processing systems and an upgraded, stronger Wi-Fi service to ensure great connectivity, Enriching Tourist Experience is at the heart of all initiatives at Abu Dhabi International Airport (AUH) this summer. “Abu Dhabi Airports prioritizes passenger safety above all ...

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Google’s new app takes on Facebook in India

Bloomberg A Mumbai train commuter who witnessed an accident earlier this month, turned to his smartphone to ask neighbors how to help a bleeding victim. Responses poured in instantaneously. Take him to the station master at the next stop; ask the ticket collector for first aid; call 138 for emergency help and so on. Not long after, the commuter posted ...

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Bids sought for $5.5bn Thailand to China high-speed rail

Bloomberg Thailand will seek bids in the fourth-quarter for a $5.5 billion high-speed rail project that’s part of a wider plan for a train network to China. The bidder will build the first half of the network in Thailand, Minister of Transport Arkhom Termpittayapaisith said. His ministry expects to receive detailed designs this month from China, its partner for the ...

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US plans new curbs on Chinese investment, citing security risk

Bloomberg The Treasury Department is planning to heighten scrutiny of Chinese investments in sensitive US industries under an emergency law, putting Washington’s trade war with Beijing on a potentially irreversible course. Under the plan, the White House would use one of the most significant legal measures available to declare China’s investment in US companies involved in technologies such as new-energy ...

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Blackstone to raise $5bn for infrastructure fund

Bloomberg Blackstone Group LP is nearing a first close of $5 billion for its inaugural infrastructure fund, according to people familiar with the matter. The fundraising, expected to be finalised this week, is slightly behind schedule but will mark the biggest initial close for a first-time fund across any alternative investment strategy after SoftBank’s $100 billion Vision Fund and the ...

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Trump’s metal import tariffs yielded more than $775mn

Bloomberg The Trump administration has collected more than $775 million so far from its metal import tariffs, as lawmakers from both parties blasted the duties and said the process for requests by companies for exclusions must improve. The tariffs President Donald Trump imposed in March have generated $582 million from steel imports and $195 million from aluminum as of last ...

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UAE, Comoros to strengthen bilateral ties

MORONI / WAM Comoros President Azali Assoumani received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, who is currently on an official visit to the country. The meeting was attended by Comoros’s Minister of Foreign Affairs, International Cooperation and the Francophonie, Mohamed El Amine Souef and the country’s Minister of State for Foreign ...

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Nama, UN partner to create job opportunities for 25,000 women

New York / WAM UN Women and the UAE-based non-profit NAMA Women Advancement Establishment (NAMA) signed a Memorandum of Understanding (MoU) in New York, to consolidate their efforts in implementing the UN Women Flagship Programme “Stimulating Equal Opportunities for Women Entrepreneurs” in South Africa, the UAE and the region, with support from UN Women headquarters. To be implemented in a ...

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Sharjah FDI hits $1.63bn in 2017

Sharjah / WAM The 2018 Oxford Business Group (OBG), report for Sharjah shows that the emirate’s policy of diversification and its success in attracting foreign direct investment is driving the economy towards new heights. The document, ‘The Report Sharjah 2018’, provides an in-depth analysis of the most prevalent sectors and industries, highlighting the move away from hydrocarbons and towards a ...

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Adnec, Seha partner for Abu Dhabi International Boat Show

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (ADNEC) has announced its partnership with SEHA as Official Healthcare Provider for the inaugural edition of the Abu Dhabi International Boat Show (ADIBS) 2018, which will be held from October 17-20 at the Abu Dhabi National Exhibition Centre. SEHA will be present at the show with a fully equipped mobile ...

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