Uncategorized

  New York / AFP Donald Trump dined Tuesday at one of New York’s swankiest restaurants with Mitt Romney, his erstwhile foe turned potential frontrunner in the race to become America’s next secretary of state. The dinner came as the president-elect got a shot in the arm by a manufacturing company announcing a deal to keep nearly 1,000 jobs in ...

  Abu Dhabi / Emirates Business Abu Dhabi based Jenaan Investment, is participating at SIAL 2016 which is being held at Abu Dhabi National Exhibition Centre (ADNEC) from December, 5-7. As an investment specialist within the agricultural value chain, Jenaan has a strategic objective to contribute positively towards the UAE’s food security, by investing in diversified types of agro-related projects, ...

  Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) in collaboration with Celebrity Cruises, commemorated the inaugural visit to Dubai of Celebrity Constellation during her maiden voyage in the region. Marking the occasion at a welcome reception, held at Dubai Cruise Terminal in Mina Rashid were Jamal Humaid Al Falasi, Director of Dubai Cruise Tourism, ...

  Chiba / AFP The sun is setting on Japan’s clean-energy boom, despite projects like a massive floating solar farm near Tokyo, as the government cuts subsidies and bets on nuclear and coal-fired power, critics say. Workers at the floating power station, one of the world’s biggest, have just finished laying about 50,000 interconnected panels on a vast dam reservoir. ...

  Tokyo / AFP Japan’s factory output ticked up in October, expanding for the third month in a row, government data showed on Wednesday. Industrial production grew 0.1 percent on-month, following a 0.6 percent increase in September. “Activity is now well above the lows reached earlier this year, but there is still a long way to go to reach the ...

  Brussels / AFP The EU unveiled ambitious plans on Wednesday to boost joint defence spending including on shared assets like drones and helicopters, as concerns grow that President-elect Donald Trump may downgrade the US security commitment. Trump shocked longtime NATO allies in Europe when he suggested on the campaign trail be would think twice about coming to their aid ...

  Bloomberg Personal spending increased at a more moderate pace in October after the biggest gain in five months, while faster income growth signaled demand will be sustained. Purchases rose 0.3 percent after a 0.7 percent September advance that was stronger than first estimated, Commerce Department figures showed on Wednesday. The median forecast in a Bloomberg survey called for a ...

  Dubai / WAM The UAE’s national events are an annual occasion for all of us to teach our young generations to love the UAE and to be dedicated to their country and its prosperity, affirmed His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, while he presided over a ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, made on Tuesday, an official visit to the headquarters of the Abu Dhabi National Oil Company (ADNOC), where he was briefed on the organisation’s long term strategic objectives. During the visit, H.H. Sheikh Abdullah bin Zayed reaffirmed the UAE and Abu ...

  Abu Dhabi / WAM On the occasion of the 45th National Day celebrations of the United Arab Emirates, the Emirates News Agency (WAM) issued a series of reports regarding the achievements of the state over the past year. In part five, we examine the state of the UAE economy. 2016 saw a sudden drop in oil prices that took ...