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  Abu Dhabi / WAM Staff Brigadier-General Rashid Mohammed Al Shamsi, Official Spokesperson of IDEX 2017, announced 20 new deals worth over AED 3.4 billion at a press conference on day four of the 13th edition of the International Defence Exhibition and Conference, IDEX 2017. The national companies were awarded 13 deals, while the remaining seven deals went to international companies. ...

  Abu Dhabi / WAM Abu Dhabi National Exhibitions Company (ADNEC) signed on Wednesday a partnership agreement with Abu Dhabi Autonomous Systems Investments (ADASI), the region’s first reliable one-stop solutions provider within the autonomous systems industry. The agreement mandates the participation of ADASI as a strategic partner in the 2018 editions of the Unmanned Systems Exhibition and Conference (UMEX) and Simulation ...

  Dubai / Emirates Business Tourism professionals across the Middle East are furthering their efforts to increase their share of the $168 billion global outbound Chinese tourism market, through a number of travel incentives. With 120 million outbound travellers in 2016 alone, China has retained its position as the world’s largest outbound tourism market for the past four years, according ...

  Bloomberg President Donald Trump’s plan to round up and deport millions of undocumented immigrants is likely to trigger waves of lawsuits that may soon dwarf the legal fight over the administration’s temporary ban on travelers from seven Muslim majority countries. The Department of Homeland Security is pushing ahead with what the American Civil Liberties Union (ACLU) calls a “hyper-aggressive ...

  Bloomberg China may be about to embark on its most ambitious — and perilous — campaign to convince investors that they shouldn’t depend on a bailout when markets go south. In a rare show of cooperation, the nation’s main financial regulators are drafting new rules for asset-management products that aim to make clear the investments don’t have government guarantees, ...

  Bloomberg China home prices increased last month in the fewest cities in a year, signaling property curbs to deflate a potential housing bubble are taking effect. New-home prices, excluding government-subsidized housing, gained last month in 45 of the 70 cities tracked by the government, down from 46 in December, the National Bureau of Statistics said Wednesday. Prices fell in ...

  Bloomberg Wheat production in India will probably fall short of a government forecast, spurring the world’s second-biggest grower to import a large quantity amid declining domestic inventory. Prices in Mumbai dropped for a third day. Production is set to total 91 million tons in the 2016-17 crop year, according to the median estimate of eight traders and analysts surveyed ...

  Bloomberg Toshiba Corp. jumped the most on record on optimism the company will be able sell its memory chip division and survive the crisis caused by a writedown at its nuclear business. Shares soared 22 percent, the most on record, according to data compiled by Bloomberg going back to 1974. Volume on Wednesday was three times the 30-day average. ...

  Bloomberg The hints of a pipeline spill are subtle: the hiss of rushing fluid, a streak of rainbow sheen. Tucked far below ground, a ruptured line can escape notice for days or even weeks, especially in the backcountry, where inspectors rarely venture. Regulators in the waning hours of the Obama era wrote rules aimed at changing that, and the ...

  Bloomberg UK Prime Minister Theresa May came under pressure to tighten takeover rules, and do so quickly, in the wake of the failed Kraft Heinz Co. bid for Unilever Plc. “I use the expression sitting ducks, and I’d worry about who’s next,” Vince Cable, Business Secretary until 2015, said in an interview. “We have very weak takeover code in ...