Dubai / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Tuesday former French president Francois Hollande, on the sidelines of the now-running Arab Strategy Forum 2017. Also present during the meeting were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of ...
Read More »Uncategorized
UAE leads region in renewable energy sector
Abu Dhabi / WAM The UAE made great strides over the past few years and is leading the region’s drive towards renewable energy, particularly in the solar sector, according to a report by a leading Arab energy corporation. ”The development of the renewable-energy sector in the UAE has been moving ahead rapidly. Enjoying strong government support, solar energy has made ...
Read More »IPS 2018 to drive international sales
Dubai / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, is set to take place in Dubai from April 9-11, 2018 at the Dubai World Trade Centre (DWTC), where it will be driving international sales through Country Pavilions that open up a world of investment opportunities for ...
Read More »Richest Indian mulls wireless IPO after $31 billion spree
Bloomberg India’s richest man is weighing an initial public offering of mobile operator Reliance Jio Infocomm Ltd., people with knowledge of the matter said, after a $31 billion investment spree that roiled the country’s wireless market. Reliance Industries Ltd., the conglomerate backed by tycoon Mukesh Ambani, is holding internal discussions about preparing to list Jio as soon as late 2018 ...
Read More »India’s first National ID system boon for women
Bloomberg India’s adoption of its first nationwide identification system is helping empower the country’s women and driving increased use of banking services, according to the first study of the nationwide Aadhaar programme. Virtually all homes in the western state of Rajasthan have at least one bank account, and most have several, since the introduction of the Aadhaar programme, the Center ...
Read More »Britain wants ‘virtually identical’ trade deal with EU after Brexit
Bloomberg International Trade Secretary Liam Fox said the UK would like a trading relationship with the European Union after it leaves the bloc that’s “virtually identical†to the one it has now. A trade deal similar to the current arrangements would ensure a smooth transition period, Fox said in in Buenos Aires while attending a World Trade Organization ministerial meeting. ...
Read More »UK inflation climbs above 3%
Bloomberg UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England Governor Mark Carney to explain why price growth is so far above his policy target. The 3.1 percent rate was stronger than economists had forecast and the highest since March 2012. The Office for National Statistics said that ...
Read More »Facebook’s fake news fight does collateral damage for small sites
Bloomberg Cyrus Massoumi spent the last few years building exactly what he thought would thrive on Facebook: A series of inflammatory conservative websites, finely tuned to produce the most viral and outrageous version of the news. The social network rewarded him with an audience. Facebook Inc. now wants something different. Reacting to concerns about how fake news spread on its ...
Read More »No reason for Assad to give up Syria leadership: Russia
Bloomberg Syrian President Bashar al-Assad should be allowed to run for re-election, Russia’s top envoy for Syria said, dismissing Western efforts to condition reconstruction aid on the departure of the leader. “I don’t see why he shouldn’t or wouldn’t run for another presidential term,†Alexander Lav- rentiev, appointed by the Krem- lin to steer the Syria peace process, told Bloomberg ...
Read More »Mohamed meets scholars
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received at Al Bahr Palace on Monday the participants at the conference of the Forum for Promoting Peace in Muslim Societies, who were accompanied by Dr. Mohammed Matar Al Kaabi, Chairman of the General ...
Read More »