Uncategorized

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Tuesday chaired a brainstorming session with his team. The session was attended by HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the ...

Abu Dhabi / WAM The UAE total non-oil foreign trade volume of Q1 2017 reached approximately AED401 billion against AED388 billion during the same period last year, a growth of 3.2 percent, according to statistics released by the Federal Customs Authority. Direct foreign trade, which represents 68 percent of the UAE’s total trade volume, was valued at AED272 billion during ...

Dubai / WAM Dubai Customs has been nominated in six main categories of the ‘Ideas UK and Ideas America 2017’ awards. The categories in Ideas UK 2017 are the best safety and environment solution, and in Ideas America 2017, the best innovation, the best safety and environment solution, the best ambassador and communication director. Dubai Customs is participating in ‘Ideas ...

Dubai / Emirates Business A UAE Space Agency delegation, led by Chairman Dr Ahmad Belhoul Al Falasi, met the President of the International Astronautical Federation (IAF), Dr Jean-Yves Le Gall, to discuss a range of opportunities for collaboration in space science, research and education. Al Falasi also highlighted the UAE’s interest in hosting the International Astronautical Congress in 2020, coinciding ...

­­­­­­­­­­­Bloomberg Angry Birds maker Rovio Entertainment Oy plans to sell shares in a Helsinki initial public offering, seeking funds to support its resurgence seven years after releasing its best-selling mobile-game title. Main owner Kaj Hed, 62, and some other holders will sell shares, and Rovio will offer about $36 million of new stock, the company said Tuesday, without providing a ...

Bloomberg After two failed attempts in as many years, Schneider Electric SE is betting a deal to combine its industrial software business with the UK’s Aveva Group Plc will create a market leader in programs to design and operate power plants and factories. Schneider and Aveva unveiled on Tuesday an agreement by which the French company will receive a 60 ...

Bloomberg Japan Post Holdings Co. will announce plans for a share sale by the government as early as Sept. 11, almost two years after the postal and financial-services giant was listed, people with knowledge of the matter said. The Ministry of Finance plans to offer about 1 trillion yen to 1.4 trillion yen ($9.1 billion to $12.8 billion) of Japan ...

Bloomberg Google’s search service may be banned in China but parent Alphabet Inc. is hunting for workers in a further sign it has ambitions in the world’s biggest internet market. At least 20 positions based in Beijing are advertised on the company’s careers site, spanning engineering and marketing to product managers. Multiple listings are shown in the field of machine ...

Bloomberg Chinese President Xi Jinping and Indian Prime Minister Narendra Modi held their first talks since defusing a border stand-off, with both leaders calling for stable ties between the two Asian giants. A healthy, stable relationship is in the fundamental interest of both nations, Xi said, according to the official Xinhua News Agency on Tuesday after the conclusion of a ...

Dubai / WAM Dubai-based master developer Nakheel is gearing up to unveil a diverse range of projects, with a collective value of collectively more than AED3.2 billion, at Cityscape Global 2017 next week, with the launch of six new residential, retail and hospitality developments at four of its communities in Dubai, including its world-famous flagship master development, Palm Jumeirah. The ...