Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, received on Thursday the visiting Armenian President Serzh Sargsyan and the delegation accompanying him, at his palace in Zabeel, Dubai. Sheikh Mohammed bin Rashid wished Sargsyan a successful visit that would help serve the joint interests of the ...
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Hazza bin Zayed praises ADNOC’s commitment to a resilient oil, gas sector
Abu Dhabi / WAM HH Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, on Thursday praised the strategic direction of the Abu Dhabi National Oil Company’s (ADNOC) that will ensure a resilient oil and gas sector, for decades to come, as part of a diversified energy mix, thanks to the support of President His ...
Read More »ADNOC, Abu Dhabi Chamber host meet to boost coop with pvt sector
Dubai / Emirates Business ADNOC, Abu Dhabi’s integrated oil and gas company, in conjunction with the Abu Dhabi Chamber, on Thursday hosted the ADNOC Private Sector Forum, as part of its efforts to strengthen its partnerships with suppliers and local businesses. HE Dr. Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO said: “Abu Dhabi’s private ...
Read More »Global business forum on LatAm explores renewables sector
Dubai / Emirates Business The Global Business Forum on Latin America kicked off on November 9 with day one bringing together a number of high-profile speakers and panellists who explored prospects for investment and cooperation between the GCC and the countries of Latin America. In a panel discussion titled “Sector Insight – Energy: The Challenge of Renewablesâ€, Hector Olea, ...
Read More »â€˜Dubai’s free zones can help Latin American economies diversify’
Dubai / Emirates Business The development of free zones can help resource-reliant countries in Latin America successfully diversify their economies, panellists told the inaugural Global Business Forum on Latin America 2016 which was recently held in Dubai. Speaking during a panel session entitled Accelerating Diversification – The Power of Zones, His Excellency Hamad Buamim, President and CEO of the ...
Read More »Trump White House win prompts protests across US
Washington /AFP Protesters burned a giant orange-haired head of Donald Trump in effigy, lit fires in the streets and blocked traffic as rage over the billionaire’s election victory spilled onto the streets of major US cities. From New York to Los Angeles, thousands of people in around 10 cities rallied late Wednesday against the president-elect a day after his ...
Read More »FB & Twitter contend with their role in Trump’s victory
Bloomberg America just endured its first presidential election in which the majority of the electorate got its news from social media. And the outcome is already prompting soul searching by the companies that shaped it. Facebook Inc. will have to contend with mounting dissatisfaction over its role as the most widely used news filter in history. Forty-four percent of ...
Read More »Volkswagen accused of concealing emissions cheating in Audi gas cars
Bloomberg Volkswagen AG’s plot to cheat emissions tests by installing so-called defeat devices in its vehicles wasn’t limited to diesel cars, but also included at least six models of Audi 3.0-liter gasoline engines, according to a consumer lawsuit. In a class action on behalf of owners of more than 100,000 vehicles, the German carmaker’s Audi unit was accused of ...
Read More »Modi hits multiple targets in surprise anti-graft move
Bloomberg In a bold move against corruption and unaccounted wealth, Prime Minister Narendra Modi has acted to arrest the drift in his popularity and place constraints on election funding, which will benefit him in crucial state elections next year. But Modi’s late-night announcement of a crack down on unaccounted wealth through the withdrawal of high-denomination bank notes left Indians with ...
Read More »Feud escalates as Tata steps up attack on ousted chairman
Bloomberg The standoff between Tata Group’s patriarch and his estranged successor intensified in India’s biggest feud since a quarrel between the billionaire Ambani brothers broke out more than a decade ago. The Ratan Tata-led camp, which last month ousted Cyrus Mistry as chairman of the nation’s largest conglomerate, on Wednesday took steps to muscle Mistry out of the group’s ...
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