Bloomberg The European Union will challenge Theresa May on Wednesday when it publishes a draft Brexit treaty that ignores some of the UK prime minister’s most important demands. The bloc is planning to set out in legal detail how it expects the UK to depart in just over one year’s time, and the terms of a transition period that will ...
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Mohamed, Panama president discuss economic, trade ties
Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received Juan Carlos Varela, President of Panama, who is currently visiting the country. Sheikh Mohamed welcomed President Varela and his delegation, saying that the visit will contribute in enhancing friendly relations and ...
Read More »VP meets Panama president
Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received President Juan Carlos Varela of Panama on Monday. His Highness welcomed President Varela in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council. During ...
Read More »Abu Dhabi Air Expo takes off
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 ...
Read More »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 ...
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