Uncategorized

Abu Dhabi / WAM Once again, the UAE adds another outstanding achievement to its vast array of exceptional accomplishments following the announcement of the Sheikh Zayed Grand Mosque ranking as the world’s second favourite landmark, winning Trip Advisors Traveller’s Choice Award of 2017. Trip Advisor, the world’s largest travel site, bases the ranking of its Traveller’s Choice Award on the ...

Sharjah / WAM In line with its commitment to elevate the exhibition and event industry in Sharjah, Expo Centre Sharjah recently held a training workshop in the eastern region of the emirate. The workshop was held in collaboration with Sharjah Chamber of Commerce and Industry and the Arab Union for International Exhibitions and Conferences, and focused on enhancing competitiveness of ...

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) and the Government of Jordan have enjoyed close ties dating back to 1974. Their constructive cooperation aims to achieve sustainable development goals in vital economic sectors that benefit the Jordanian population. In a report issued by ADFD to mark Jordan’s 71stIndependence Day, the Fund announced that by end-2016, it ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Economic Zone (RAKEZ), the world-class government authority comprising RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA), has won as the ‘Best New Customer’ of the Genesys call centre system ‘PureConnect’ in the Middle East region. RAKEZ was awarded the prize at the G-Summit Middle East 2017 held at ...

Bloomberg In China, a bicycle-sharing phenomenon is changing the way urban dwellers get around — and forcing listed manufacturers to scramble to get a slice of the profits. Across major cities such as Beijing and Shanghai, sidewalks are filling up with parked bikes that anyone with an app can unlock with a swipe of their phone. The cost is a ...

Bloomberg SoftBank Group Corp., the Japanese company that raised a $93 billion fund for technology investments, is considering boosting its stake in chipmaker Nvidia Corp., people familiar with the matter said. The firm would raise its holding over time and begin to work more closely with Nvidia, the people said, asking not to be identified because the deliberations are private. ...

Bloomberg BMW, Mercedes-Benz and VW are getting their turn in the crosshairs of US President Donald Trump, who’s making a habit out of attacking the visible — and free trade-dependent — auto industry. “The Germans are bad, very bad,” Der Spiegel cited Trump as saying to unidentified participants at a closed-door meeting with European Union officials in Brussels. “Look at ...

Bloomberg The US and Russia are engaged in a rivalry for dominance once again, this time in the wheat market. After Russia recently pulled ahead, the US has fought back, with the help of a weaker dollar. One irony of the situation is that the US is taking market share partly amid the FBI investigation into ties between President Donald ...

Bloomberg The European Union will demand its top court have the power to enforce the rights of its citizens in Britain after Brexit. In a draft working paper circulated this week, the EU Council of bloc members said the European Court of Justice should have “full jurisdiction” over the rights of nationals and that the European Commission should have the ...

Bloomberg Egypt carried out air strikes against militants across the border in Libya, saying they targeted the group responsible for a deadly attack on Christians earlier on Friday. At least 29 people, some of them children, were killed when gunmen in military fatigues opened fire on a bus carrying members of the Coptic Christian minority in Minya province, about 200 ...