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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday inaugurated the 12th edition of the Dubai Air Show. Also present during the inauguration were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman ...

Abu Dhabi / Emirates Business Twenty-six of the world’s leading oil and gas industry leaders gathered in Abu Dhabi on Sunday to discuss the evolving energy landscape amid shifting dynamics of supply and demand, at the second Abu Dhabi CEO Roundtable. The senior executives were invited to the roundtable, held at ADNOC’s Corporate headquarters in the UAE capital, by ADNOC. ...

Sharjah / Emirates Business Sharjah International Book Fair (SIBF) concluded on a record-breaking note, with the 36th edition of the world’s third largest book fair attracting 2.38 million visitors over its 11-day run at Expo Centre Sharjah. The figure compares to the 2.31 million visitors that attended last year. SIBF 2017 featured more than 2,600 events and the participation of ...

ABU DHABI / Emirates Business The Ministry of Climate Change and Environment (MOCCAE), signed MoUs with Dubai Police, the Telecommunications Regulatory Authority (TRA), and Dubai Municipality (DM), on stepping up coordination in combating illegal trade in endangered species in the UAE. Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, and Major-General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai ...

Bloomberg South Korean President Moon Jae-in will visit China for a summit in December, his office said, with tensions over North Korea’s nuclear weapons programme high on the agenda. The agreement was disclosed as Moon and Chinese President Xi Jinping met on the sidelines of the Asia-Pacific Economic Cooperation summit in Danang, Vietnam. In a sign that tensions remain between ...

Bloomberg Huochebang and Yunmanman, the two biggest apps for Uber-like truck services in China, are in talks to merge, people familiar with the matter said. Wang Gang, a backer of Yunmanman and an angel investor in ride-hailing giant Didi Chuxing, is the top candidate to become chief executive officer if the companies merge, the people said, asking not to be ...

Bloomberg If time is money, big M&A is getting a lot costlier in the European Union thanks to a tactic increasingly deployed by the bloc’s merger watchdogs in Brussels. Bayer AG’s bid for Monsanto Co is just one of a growing number of deals stalled by regulators stopping the clock more than once during strictly timetabled in-depth investigations to demand ...

Bloomberg Two of Greece’s biggest projects—together valued at about $12.8 billion— have stalled on bureaucratic and legal wranglings, raising questions about the country’s ability to draw investments it desperately needs for an economic recovery. Lamda Development, which is managing the Hellinikon site, the biggest real estate investment in country, said that Greece’s efforts to go back on terms already agreed ...

Bloomberg Apple Inc., seeking a breakthrough product to succeed the iPhone, aims to have technology ready for an augmented-reality headset in 2019 and could ship a product as early as 2020. Unlike the current generation of virtual reality headsets that use a smartphone as the engine and screen, Apple’s device will have its own display and run on a new ...

Bloomberg US President Donald Trump once again waded into the controversy of whether he thinks Russia meddled in last year’s election, saying on Sunday that he believes “very much in our intelligence agencies.” A day earlier, the US leader said that Vladimir Putin believed he didn’t interfere, prompting questions about whether Trump actually took the Russian president at his word. ...