Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has announced the start of the second phase of developing the National Export Programme. Aiming to bolster a diversified and sustainable national economy, the programme will contribute to enhancing the ability of national exports to penetrate and compete in international markets. In ...
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Dubai woos realty investors at MIPIM in France
DUBAI / Emirates Business Dubai Land Department (DLD) has successfully participated at MIPIM, the world’s leading international real estate conference, which was held at the Cannes Festival Palace in Cannes, France. DLD held several successful meetings with the exhibition organisers to discuss future cooperation and DLD’s continued participation over the coming years. The conference was an opportunity for DLD’s delegation ...
Read More »US shoppers, China suppliers face hit from Trump levy
Bloomberg President Donald Trump’s move to slap tariffs on at least $50 billion in Chinese imports is likely to be bad news for many of China’s exporters—as well as Americans who like Guess jeans or Nike sneakers. A vast amount of items used by US consumers—from Under Armour leggings to Bath & Body Works shower gel and Samsonite luggage—are sourced ...
Read More »Singapore wealth fund GIC puts China as Silicon Valley’s equal
Bloomberg After hitting pay dirt with investments in Alibaba Group Holding Ltd. and Xiaomi Corp., Singapore sovereign wealth fund GIC Pte is giving China as much attention as it does Silicon Valley in the search for the next big thing in tech. Valuations for some tech companies globally may be too high, and what differentiates a good investor from an ...
Read More »Apple gears up for return to roots with education tools, new iPad
Bloomberg Apple Inc. is preparing to introduce new low-cost iPads and education software next week in a bid to win back students and teachers from Google and Microsoft Corp. In its first major product event of the year, Apple will return to its roots in the education market. The event on Tuesday at Lane Technical College Prep High School in ...
Read More »Facebook, Google may redo data policies: UK
Bloomberg The UK government will direct Facebook Inc., Alphabet Inc.’s Google, Twitter Inc. and other tech companies to simplify their data management policies for consumers after disclosures about recent breaches, the Sunday Times reported. Matt Hancock, the UK digital, culture and media secretary, told the newspaper that the digital powerhouses were failing to provide users with clear and concise terms ...
Read More »US metal-tariffs showdown at WTO to shake world trade order
Bloomberg Move over Russia, Ukraine and Saudi Arabia. The US looks set to join the group of countries embroiled in disputes at the World Trade Organization involving curbs imposed on national-security grounds. China said it would complain to the WTO about US President Donald Trump’s import tariffs on steel and aluminum after failing to win an exclusion, which Washington gave ...
Read More »Trump tightens screws on Putin but says he wants to get along
Bloomberg President Donald Trump is poised to take his most aggressive actions yet against Russia on Monday, when he’s likely to announce the expulsion of dozens of diplomats in response to the nerve-gas attack on a former Russian spy living in the UK. The move, all but certain to provoke retaliation by President Vladimir Putin’s government, comes as Trump has ...
Read More »Mohamed, Kazakh president discuss bilateral cooperation
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Nursultan Nazarbayev of Kazakhstan met in Abu Dhabi on Saturday and discussed ways of enhancing ties of friendship and co-operation between the UAE and Kazakhstan and took stock of the latest regional ...
Read More »Smart Testing Yard at Dubai Driving Centre launched
Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA), in Dubai, has launched the ‘Smart Training and Testing Yard’ for testing drivers at the Dubai Driving Centre in Al Quoz. The Yard is fitted with smart driver-testing vehicles capable of detecting areas of testing manoeuvres and driver’s ...
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