Abu Dhabi / WAM Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, HH Sheikh Hamed bin Zayed Al Nahyan, Chief of the Abu Dhabi Crown Prince’s Court and a member of the Executive Council of Abu Dhabi inaugurated the 5th edition of the Abu Dhabi Air Expo 2018 at ...
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Dafza launches Islamic economy social impact start-up incubator
Dubai / WAM Dubai Airport Freezone Authority (DAFZA), announced the launch of Goodforce Labs, an innovative start-up incubator focused on transforming ethical startups in the fields of Islamic economy and Halal industries into global success stories. The incubator will work to revitalise the Islamic ethical economy utilising a deep venture building platform. This will be achieved by selecting a group ...
Read More »Samsung, in test for heir Lee, responds to iPhone X with S9
Bloomberg Samsung Electronics Co. grabbed centre stage in Barcelona at Mobile World Congress with the unveiling of its latest flagship handset: the Galaxy S9. The South Korea-based technology giant is banking on new features such as augmented reality-based emojis, camera upgrades, and stereo speakers in a form-factor similar to 2017’s model to take on Apple Inc.’s iPhone X. It also ...
Read More »World’s highest paid expats book a passage to India
Bloomberg Go East, expatriates looking to make the big bucks. Mumbai, India’s financial, commercial and entertainment capital, tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International Ltd. Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165. That’s more than double the global expat average of $99,903, the HSBC Expat ...
Read More »UPS sues EU for $2.1 billion after botched veto of TNT bid
Bloomberg United Parcel Service (UPS) Inc. is suing the European Union for 1.7 billion euros ($2.1 billion) in compensation for the damage it says it suffered when regulators wrongly vetoed its attempted takeover of parcel delivery rival TNT Express NV. UPS is asking the EU’s General Court to award it compensation plus interest and taxes it would pay on any ...
Read More »EU might look kindly on Labour’s customs union Brexit plan
Bloomberg The European Union may consider the UK Labour Party’s idea of the country remaining in a customs union after Brexit acceptable—but it would come with conditions attached. The opposition party’s plan, set out by leader Jeremy Corbyn in a speech on Monday, heaps pressure on Prime Minister Theresa May who has ruled out such a move and whose Brexit ...
Read More »WeWork, with $900mn in sales, finds cheaper ways to expand up
Bloomberg As WeWork Cos. has grown to 200 buildings across the globe, the company said its increased size is helping cut costs for everyday needs like glass, wood flooring, aluminum and light fixtures. Early signs of financial improvement are encouraging for a co-working business that critics say is overvalued and spends with abandon. The New York-based startup generated about $900 ...
Read More »US supreme court rebuffs Trump, won’t hear immigration appeal
Bloomberg The US Supreme Court rejected a Trump administration appeal aimed at ending deportation protections for young undocumented immigrants, steering clear for now of the debate over the fate of hundreds of thousands of people. The justices, without published dissent, turned away the administration’s appeal of a ruling that has kept the Obama-era program in place. The rejection buys time ...
Read More »ADNEC hosts 3rd UMEX, SimTEX
ABU DHABI / WAM Under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 3rd edition of the Unmanned Systems Exhibition and Conference (UMEX), and the Simulation Exhibition and Conference (SimTEX), were opened on Sunday by His Highness Lt. General Sheikh Saif bin ...
Read More »SZGMC to host 2nd edition of Hajj programme
ABU DHABI / WAM The Sheikh Zayed Grand Mosque Centre (SZGMC), in collaboration with the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), will host the second session of the ‘Hajj: Memories of a Journey Talks Programme’ this coming Wednesday at the Sheikh Zayed Grand Mosque, exploring the stories of the objects that lie at the heart ...
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