Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday visited Bluewaters Island, the new man-made island developed by Meraas off the coast of the Jumeirah Beach Residence opposite to The Beach. His Highness reviewed the progress of the AED 6 billion Bluewaters project, which includes residential, ...
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ISNR Abu Dhabi to cover entire scope of homeland security sectors
Abu Dhabi / WAM Under the patronage of His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, the eighth edition of the International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2018) opens on Tuesday at the Abu Dhabi National Exhibition Centre (ADNEC). Held under the theme ‘Because Homeland Security is Everyone’s ...
Read More »ADFD finances three projects worth AED424mn in Albania
ABU DHABI / Emirates Business Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, welcomed a high-level delegation from Albania at its headquarters. Headed by His Excellency Erion Veliaj, Mayor of Tirana, the delegation met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and explored potential areas of cooperation. His Excellency Ermal Dredha, ...
Read More »Sharjah Airport Authority gets ISO certification
Sharjah / WAM The Sharjah Airport Authority (SAA), obtained ISO10002: 2014 for Customer Satisfaction, relating to the charter of customer service and complaint management system. This achievement reflects SAA’s keenness to raise the level of its customer’s satisfaction by dealing with their complaints as soon as possible. The ISO certificate was given to Sharjah Airport Authority’s Medical Centre, after completing ...
Read More »Toyota planning to spend $2.8bn in software for self-driving cars
Bloomberg Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for writing software because self-driving cars require “millions and millions’’ of lines of computer code, according to James Kuffner, who’ll ...
Read More »Tech firms question Hong Kong’s plan to lure next Alibaba
Bloomberg Technology companies and service providers are questioning key parts of Hong Kong’s plan to allow dual-class shares, just as firms including Xiaomi Corp. and Tencent Music Entertainment Group are considering going public. Hong Kong Exchanges & Clearing Ltd. wants to change its rules so that company founders can stay in control after their firms list, but the proposals may ...
Read More »Siemens plans Healthineers IPO valuing unit at $38 billion
Bloomberg Siemens AG will press ahead with an initial public offering of its health-care unit that could value it between 26 billion euros ($32 billion) and 31 billion euros as Chief Executive Officer Joe Kaeser unloads another key business at Europe’s largest engineering company. The IPO of a 15 percent stake in Siemens Healthineers is planned for March 16, the ...
Read More »Trump aide: No tariff exclusions for allies
Bloomberg The Trump administration shows scant sign of watering down its plan to impose stiff tariffs on steel and aluminum imports with carve-outs for specific countries, despite opposition from US allies and Republican lawmakers. The president’s trade advisers fanned out across television news shows to defend the move, saying it was necessary to ensure the survival of the domestic steel ...
Read More »Geneva cars showcase gets shadowed by trade war talk
Bloomberg The Geneva International Motor Show is known as a staging ground for the glitzy luxury models that swaddle the wealthy and deliver them in style. This year’s no exception, with a new version of the Bentley Bentayga SUV, Bugatti’s $2.6 million Chiron and the Ferrari special-edition 488 Pista among the cars that will jostle for photographers’ attention. But a ...
Read More »Kim Jong-un hosts Seoul envoys for first time since taking power
Bloomberg North Korean leader Kim Jong Un held talks with top aides to South Korea’s Moon Jae-in in Pyongyang on Monday, the president’s office said, in the first meeting between the leader of the isolated nation and officials from Seoul since he took power in 2011. National Security Office head Chung Eui-yong and National Intelligence Service chief Suh Hoon were ...
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