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VP, Mohamed wish the entire world success, prosperity

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, met over a lunch banquet in Dubai marking the advent of the new year, ...

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UAE envoy, military attaché honoured in Kazakhstan

Astana / WAM The Ministry of Defence of Kazakhstan honoured Dr Mohammed Ahmed bin Sultan Al Jaber, UAE Ambassador to Kazakhstan. Talgat Mukhtarov, Deputy Minister of Defence of Kazakhstan, honoured Ambassador Al Jaber by giving him the Medal of Contribution to Strengthening International Co-operation for his ongoing efforts to develop and strengthen the overall co-operation between their two countries, especially ...

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Etihad Airport Services makes key appointments

Abu Dhabi / Emirates Business Etihad Airport Services (EAS) Ground, a division of Etihad Aviation Group, has announced several key UAE National appointments within a new structure that lays the foundation for the coming years. The internal appointments are all based at Abu Dhabi Airport and will involve critical transitional duties as EAS Ground moves across to the Midfield Terminal ...

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UAE aid to Yemen hits $2.56bn from April 2015 to Nov 2017

Abu Dhabi / WAM The UAE, represented by the Emirates Red Crescent (ER), has intensified its humanitarian giving campaign in Yemen during 2017, by contributing to the development of the country’s six primary sectors: education, health, security, relief, infrastructure and housing, after the wave destruction inflicted by the Iran- backed Houthi militias on the nation’s economy. Receiving widespread local and ...

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Huawei sees slowest growth in years as it takes on Apple

Bloomberg Huawei Technologies Co. warned of its slowest revenue growth since 2013, despite making headway against Apple Inc. in global smartphones. Revenue at China’s biggest telecommunications gear maker probably rose 15 percent to $92 billion in 2017, rotating Chief Executive Officer Ken Hu said in a letter to staff posted on the company’s verified WeChat account. That’s down from 2016 ...

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Vietnam deploys 10,000 cyber warriors to fight ‘wrongful views’

Bloomberg Vietnam is deploying a 10,000-member military cyber warfare unit to combat what the government sees as a growing threat of “wrongful views” proliferating on the internet, reports local media. Force 47 has worked pro-actively against distorted information, Tuoi Tre newspaper reported, citing Nguyen Trong Nghia, deputy head of the general politics department under the Vietnam People’s Military. The National ...

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Apple CEO gets 74% bonus boost post earnings

Bloomberg Apple Inc. Chief Executive Officer Tim Cook received a 74 percent increase in his annual bonus for fiscal 2017 as the iPhone maker posted higher revenue and net income, after a rare decline a year earlier. Cook’s incentive pay totalled $9.33 million for the year ended on September 30, 2017, the Cupertino, California-based company said in a regulatory filing. ...

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Cotton was 2017’s star crop, and funds have high hopes for 2018

Bloomberg The longest winning streak in two decades propelled cotton to 2017’s biggest increase among crop commodities, and hedge funds are ready for more gains in 2018. Of the nine components tracked by the Bloomberg Agriculture Subindex, only cotton and wheat contracts posted gains last year. The fibre lead the way with an 11 percent advance as demand grew for ...

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Only once has US seen more billion-dollar weather disasters

Bloomberg In the year that President Donald Trump pulled out of the Paris accord and downplayed global warming as a security threat, the US received a harsh reminder of the perils of the rise in the planet’s temperature: a destructive rash of hurricanes, fires and floods. The country recorded 15 weather events costing $1 billion or more each through early ...

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Death toll in Iran unrest climbs as Rouhani appeals for calm

DUBAI / Agencies The death toll in a wave of protests that have agitated Iran over the past five days climbed, as security forces clashed with demonstrators rallying in a rare show of displeasure with the country’s leaders. As many as a dozen people may have died. Calls for more demonstrations raise the possibility of prolonged instability. “In the events ...

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