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‘UAE remains a firm supporter of Arab identity of Jerusalem’

Dubai / WAM The UAE Cabinet reaffirmed on Sunday that the UAE will remain a firm supporter of the Arab identity of Jerusalem and of the legal status established by all international conventions as well as of the rights of the Palestinian people. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, and Prime Minister of UAE and Ruler of ...

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Emirates adds festive cheer with special Christmas treats

Dubai / Emirates Business Emirates is spreading the festive joy with treats across all cabin classes this December. Customers travelling for the holidays will enjoy several Christmas specials both on the ground and on board from food to entertainment. Festive menus are back In addition to the regionally inspired cuisine served on board, Emirates is bringing back its Christmas menu ...

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DP World recognised for business practices

Dubai / WAM Global trade enabler, DP World, was recognised for its world leading business standards and practices, winning two awards at the Transport Arabia Excellence Awards 2017, held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chief Executive of Emirates Group. DP World – UAE Region won the ...

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China’s import growth likely to face speed bump in 2018

Bloomberg The pace of China’s import growth is set to slow in 2018 after a boom this year. Inbound shipments will expand just 5 percent in 2018 after surging 14.9 percent this year, according to a Bloomberg survey of economists. Slower infrastructure investment, tighter monetary policy, weaker commodity inflation and high base effects are likely growth drags. That’s unwelcome news ...

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China audit finds provinces faked data, borrowed illegally

Bloomberg China found some local governments inflated revenue levels and raised debt illegally in a nationwide audit, a setback for Beijing in its bid to boost the credibility of economic data after a run of scandals. Ten cities, counties or districts in the Yunnan, Hunan and Jilin provinces, as well as the southwestern city of Chongqing, inflated fiscal revenues by ...

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UK CEOs bang drum for trade deal as Brexit talks progress

Bloomberg UK business chiefs called for a swift and comprehensive trade agreement with the European Union as Brexit negotiations moved on to shaping the country’s future relationship with the bloc, with just 15 months remaining before Britain is due to leave. A long-awaited breakthrough on issues including a financial settlement clears the way for talks on a trade pact between ...

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Apple to buy Shazam music recognition app

Bloomberg Apple Inc. is close to acquiring Shazam Entertainment Ltd., the startup whose music recognition app is already built into Apple’s Siri virtual assistant, according to a person familiar with the discussions. A deal for the London-based app maker could be announced as soon as Monday, said the person, who declined to be identified because the details are not yet ...

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YouTube plans new paid music subscription service

Bloomberg YouTube plans to introduce a paid music service in March, according to people familiar with the matter, a third attempt by parent company Alphabet Inc. to catch up with rivals Spotify and Apple Inc. The new service could help appease record-industry executives who have pushed for more revenue from YouTube. Warner Music Group, one of the world’s three major ...

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China airs pessimism on North Korea as Kim touts UN talks

Bloomberg China expressed pessimism about bringing the North Korean standoff to a peaceful resolution, even as Kim Jong Un’s regime touted new United Nations support for “regular” talks. Chinese Foreign Minster Wang Yi said on Saturday “the outlook is not optimistic” on the Korean Peninsula and urged all sides to end what he said was a “vicious cycle” of confrontation. ...

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Sultan Al Qasimi opens second ‘global NCD alliance forum’

Sharjah / Emirates Business His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member Ruler of Sharjah and Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness the Ruler of Sharjah, and Patron of the Global NCDA Forum, on Saturday opened the most influential gathering of experts and decision makers in the field of Non-Communicable Diseases ...

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