Uncategorized

Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, announced on Wednesday the launch of the ‘Day for Dubai’ initiative. The initiative aims to both solidify social responsibility amongst its citizens, and reinforce the spirit of volunteerism. It encourages every resident to share the gift of their ...

Dubai / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman and Chief Executive, Emirates Airline and Group, inaugurated the 7th Arab Aviation Summit held on Wednesday at the Roda Al Bustan Hotel in Dubai. Themed “Time to Transform: Addressing sustainability challenges and opportunities for the regional aviation sector”, the summit ...

ABU DHABI / WAM The United Arab Emirates and the United States of America on Wednesday reaffirmed their shared commitment to a strong bilateral relationship. The commitment was made during the UAE-US Strategic Energy Dialogue held at the UAE’s Ministry of Energy in Abu Dhabi. Confirming the agreement, Suhail bin Mohammed Faraj Faris Al Mazrouei, the UAE Minister of Energy ...

Bloomberg The US would be ready to talk with North Korea if it renounced further nuclear or missile tests and followed through on the pledge, US Ambassador to China Terry Branstad said. “If they announce that they’re not going to be doing any more nuclear tests and they’re not going to be launching any more missiles,” Branstad told Bloomberg Television ...

Bloomberg A seven-year-old US startup is set to become the biggest private tenant in London just as the UK’s economic outlook worsens. Three years after entering the British capital, WeWork Cos. has signed leases that will make it the city’s No 1 private-sector user of office space, according to data compiled by CoStar Group Inc. for Bloomberg. The rapid growth ...

Bloomberg Britain announced plans to generate savings of as much as 15 billion pounds ($20 billion) a year by improving productivity in sectors such as construction and transport. New programmes to increase efficiency were published alongside the government’s 600 billion-pound infrastructure pipeline, which sets out a series of publicly and privately funded projects over the next 10 years, the Treasury ...

Bloomberg China is upending the global plastics market. The world’s biggest user of scrap has stopped accepting shiploads of other countries’ plastic trash as it phases in a new ban. That’s bad news for the recycling industry, as China has been a major consumer of salvaged materials it processes into resin that ends up in pipe, carpets, bottles and other ...

Bloomberg Alibaba Group Holding Ltd.’s Jack Ma said China benefits from the stability of its single-party system, contrasting that with the unpredictability of US politics. The Chinese billionaire made the comments in response to a question about the country’s economy and its prospects for growth. He said he has confidence in China’s potential and cited as his number one reason ...

Bloomberg The tide is turning against multinational brands, which have been losing market share to local products not just in Asia’s emerging markets but also in the US and Europe, according to Anglo-Dutch consumer goods giant Unilever NV. “Consumers are changing, not craving for global brands just for the sake of it,” said Hemant Bakshi, president director of Unilever Indonesia, ...

Al AIN / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Tuesday a number of falconers participating in the 4th International Festival of Falconry which began in Abu Dhabi on Monday. Sheikh Mohamed welcomed the falconers and discussed with them their activities during ...