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  DUBAI / WAM Sotheby’s, one of the world’s largest auction houses, has officially opened its Dubai gallery and office at Dubai International Financial Centre (DFIC), in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Culture and Knowledge Development, and Essa Kazim, Governor of Dubai International Financial Centre (DIFC), alongside Sotheby’s President and CEO, Tad Smith, ...

  Dubai / Emirates Business wasl Asset Management, one of the largest real estate development and management companies in Dubai, announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama Central Market within wasl buildings, and will run from March 16 until April 7 on ...

  New York / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Antonio Guterres, Secretary-General of the United Nations, at the UN headquarters in New York. During their meeting, the two sides discussed aspects of joint cooperation and ways to strengthen and consolidate bilateral relations between the UAE and the United Nations ...

  London / WAM HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has launched an English copy of his book “The Tale of the City,” which sheds lights on the arrival of the British and the fall of Constantinople. After signing the English version of the book, Sheikh Sultan Al Qasimi said that ...

  ANKARA/ AP Turkish President Recep Tayyip Erdogan on Tuesday directed fresh verbal attacks at the Netherlands amid their growing diplomatic spat, holding the country responsible for Europe’s worst mass killing since World War II. In a televised speech, Erdogan referred to the massacre of some 8,000 Muslim men and boys in Srebrenica, eastern Bosnia, in 1995, and blamed a ...

  Bloomberg Toshiba Corp.’s troubles deepened yet again as the Japanese company missed a second deadline to report earnings and said it may sell a majority stake in its Westinghouse nuclear business. The Tokyo-based conglomerate is reevaluating Westinghouse’s position within the group and it may deconsolidate the nuclear unit by selling a controlling equity stake. Toshiba made the announcement as ...

  Bloomberg Mitsubishi Heavy Industries Ltd. is considering spinning off its shipbuilding business and planning local partnerships as weak demand for vessels prompts companies in the industry to reorganize their operations. A decision on a new structure for the shipbuilding operation may be announced in July, Eiji Matsubara, a spokesman for Mitsubishi Heavy, said by telephone from Tokyo Tuesday. Nikkei ...

  Bloomberg When President Donald Trump visits the Detroit area this week, he’ll come bearing a gift: a first step toward relaxing rules that could cost automakers about $33 billion. Trump will announce as part of a visit to Ypsilanti, Michigan, on Wednesday that his administration will begin re-examining fuel-economy standards set by the Obama administration, according to two people ...

  Bloomberg Volkswagen AG sought to draw a line under the diesel scandal that has locked it in crisis mode for more than a year, with sweeping restructu- ring efforts starting to take hold and profitability improving at the namesake brand. Still, Chief Executive Officer Matthias Mueller acknowledged lawsuits on emissions case will continue to preoccupy the carmaker for “many ...

  Abu Dhabi / WAM UAE citizens are proving every day that they are loyal, faithful and united in the service and glory of their homeland, affirmed His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, during a meeting with the board members of the Nation Fund and ...