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Bloom Properties to lease 225 residential flats in Abu Dhabi

  Abu Dhabi / Emirates Business Bloom Properties, a Bloom Holding subsidiary dedicated to developing sustainable and integrated urban communities, announced the leasing of 225 exclusive upscale residential apartments in Bloom Marina, the premium waterfront destination located in Abu Dhabi’s Marina Al Bateen area. Bloom Residences consists two residential buildings adjacent to future EDITION Hotel, with expansive marina and city ...

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TCA Abu Dhabi team attends Riyadh Travel Fair

  Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is attending Saudi Arabia’s largest travel trade event in Riyadh ahead of a promotional tour to boost inbound visitor numbers, in a move to strengthen existing cooperation with the Kingdom of Saudi Arabia. TCA Abu Dhabi, which is a strategic partner of the Riyadh Travel ...

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GOP mulls ‘unenforceable’ version of net neutrality

  Bloomberg A Republican proposal to undo Obama-era net neutrality rules would hand responsibility to prevent abuses by internet service providers to an agency that critics say lacks adequate power. US Federal Communications Commission Chairman Ajit Pai is said to be planning a proposal to strip his agency of strong authority over broadband and let the Federal Trade Commission police ...

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UK manufacturing, construction point to loss of momentum

  Bloomberg UK manufacturing and construction unexpectedly shrank in February, adding to signs that the economy lost momentum in the first quarter. Factory output fell 0.1 percent from January, the Office for National Statistics said. Total industrial production declined 0.7 percent as unseasonably warm weather reduced demand for energy. Construction dropped 1.7 percent, the most in almost a year. While ...

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‘India could win from a US-China trade row’

  Bloomberg The prospect of a trade war between China and the US elicits frequent warnings of the risk to the global economy. India sees it somewhat differently. Senior officials in Prime Minister Narendra Modi’s party say India stands to benefit from the tensions. President Xi Jinping will need India’s huge market as President Donald Trump threatens punitive measures against ...

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Toshiba narrows group of bidders for chips business

  Bloomberg Toshiba Corp. has narrowed the number of bidders for its semiconductor business from about 10 interested parties to a smaller group that includes Taiwan’s Hon Hai Precision Industry Co. and Korea’s SK Hynix Inc., according to people familiar with the matter. The other remaining contenders include private equity firm Silver Lake Management and chipmaker Broadcom, which are collaborating ...

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Dairy sector appeals to Trump over ‘Canada curbs’

  Bloomberg The US dairy industry is appealing to President Donald Trump for help after Canadian companies halted some imports, exacerbating a glut of milk on the American side of the border and forcing one of the country’s biggest butter producers to scrap supply contracts with farmers. Some US dairy companies say that in the past week, they’ve lost all ...

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Twitter drops suit after US gives up on unmasking Trump critic

  Bloomberg Twitter Inc. is dropping its free-speech lawsuit against the Trump administration over the government’s effort to unmask users critical of the president’s policies. Twitter said in a court filing, a day after it filed the case, that the US had withdrawn its summons to learn the identity of one of the so-called ALT handles purported to be the ...

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Middle East Film and Comic Con opens in Dubai

  Dubai / WAM The Middle East Film and Comic Con (MEFCC) officially opened its doors at the Dubai World Trade Centre (DWTC) on Thursday. Director General of the Government of Dubai Media Office (GDMO) Mona Al Marri officially opened the event at a ribbon-cutting ceremony, in the presence of CEO of Dubai World Trade Centre and Director General of Dubai’s ...

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MoF signs pact with SACGC to empower culture of innovation

  Kuwait / WAM As part of its commitment to strengthen cooperation and exchange expertise on innovation, the UAE Ministry of Finance (MoF) signed an MoU with Sabah Al-Ahmad Centre for Giftedness and Creativity (SACGC). The signing took place at SACGC’s premises. The MoU was signed by Fatima Yousef Al Naqbi, the Chief Executive Officer of Innovation at MoF, and Dr. ...

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