Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday David Beasley, Executive Director of the Rome-based World Food Programme (WFP). The WFP is holding its annual meeting of its Executive Board in Dubai for the first time out of Rome. His Highness Sheikh Mohammed bin ...
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Intersec opens in Dubai
Dubai / Emirates Business Taking place until January 23, the three-day event features 1,337 exhibitors from 59 countries, covering 60,000sqm of space at the Dubai International Convention and Exhibition Centre (DICEC), a five percent increase over the previous year. More than 5,000 brands are on show across seven focus areas of Commercial Security, Fire & Rescue, Safety & Health, Homeland ...
Read More »AMAF inaugurates AED8mn endowment project in Dubai
Dubai / Emirates Business Marking the commencement of ‘Year of Zayed’, Awqaf and Minors Affairs Foundation (AMAF) on Sunday inaugurated the first endowment residential and commercial project in Al Bada’a area of Dubai, funded by an endowment from Khalaf Ahmad Al Habtoor, Chairman of Al Habtoor Group. Proceeds from the project will be allocated to AMAF’s general charity mandate. His ...
Read More »Abu Dhabi Airports receives two pearl Estimada ratings
Abu Dhabi / WAM Abu Dhabi Airports announced the receipt of two ‘Pearl ratings’ from Estidama, for the construction of two of its latest facilities, the District Cooling Plan of the Midfield Terminal (MTB), and the fire station at Sir Bani Yas Island Airport. The objective of the Pearl Building Rating System (PBRS), from Estidama, an initiative from the Department ...
Read More »India mulls plan to bring iron, coal under steel ministry
Bloomberg India is considering a plan to hand over control of iron ore and coking coal mining to the steel ministry to boost supplies of the key steelmaking materials as the country is poised to become the world’s second-biggest producer, according to a person with knowledge of the plan. The proposal to shift the regulatory authority from the current mines ...
Read More »Google, Tencent agree to share patents in global tech alliance
Bloomberg Alphabet Inc.’s Google and Tencent Holdings Ltd. have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest corporations. The cross-licensing deal comes with an understanding that the search giant and Tencent—the world’s second largest and fifth largest company, respectively—will team up on developing future technologies. The agreement may smooth ...
Read More »â€˜UK must stay in customs union with EU’
Bloomberg The UK should ensure it stays in a close and comprehensive customs agreement with the European Union, providing tariff-free trade in all goods after Brexit, according to the leader of a major business group. Remaining in a customs union with the EU will be far more valuable than striking trade deals elsewhere, Carolyn Fairbairn, director general of the Confederation ...
Read More »Italy vote: Facebook ups the ante on fake news
Bloomberg Facebook Inc. is intensifying scrutiny of its pages to root out bogus news reports and other attempts to interfere with Italy’s general election in March, according to people familiar with the matter. The US company will allocate more resources to ensure users comply with its guidelines during the election campaign, two people said, asking not to be named because ...
Read More »Trump marks year one with federal government shutdown drama
Bloomberg Donald Trump woke up on the anniversary of his inauguration with the federal government shuttered, a development that seemed almost predictable after a year of tumult in Washington. “This is the One Year Anniversary of my Presidency and the Democrats wanted to give me a nice present,†the president said on Twitter early on January 20. He said in ...
Read More »Shutdown shadows Pence in Cairo during rescheduled trip
Bloomberg Mike Pence arrived in the Middle East, leaving his boss to fight Democrats over a federal government shutdown while he makes good on a three-country visit aimed at consolidating US partnerships in the region. The vice president was still crossing the Atlantic Ocean on Air Force Two when the shutdown started. He quickly punched out a statement of disapproval ...
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