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  Sharjah / Emirates Business The ‘Invest in Sharjah’ brand is taking to the air following an agreement between Sharjah FDI Office (Invest in Sharjah) – the FDI office operating under the government of Sharjah – and Air Arabia, the first and biggest low-cost airline in MENA region. Under the terms of the agreement, Air Arabia will place decals of ...

  Abu Dhabi / Emirates Business Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced on Saturday that it will be unveiling a compelling selection of residential units on Saadiyat Island at Cityscape Abu Dhabi 2017, taking place from April, 18 – 20 at the Abu Dhabi National Exhibition ...

  Sharjah / Emirates Business Sharjah Healthcare City (SHCC) and Arab German Chamber of Commerce and Industry (GHORFA), have signed a landmark cooperation agreement. This agreement will establish ties and extend cooperation in promoting the Sharjah Healthcare City project situated in Sharjah. GHORFA will assist in promoting Sharjah Healthcare City in Germany and other European countries. The cooperation agreement was ...

  Bloomberg The South Korean trial of Samsung heir Jay Y. Lee for alleged bribery took an unusual twist as prosecutors said the company tried to conceal its gift of a 1 billion won horse ($885,000) by exchanging it for another animal. Prosecutors disclosed a series of text messages, emails and memos among Lee’s lieutenants to support allegations Samsung Electronics ...

  Bloomberg The US stopped short of branding China a currency manipulator, but urged the world’s second-largest economy to let the yuan rise with market forces and embrace more trade. No major trading partner is manipulating its currency for an unfair trade advantage, according to the first foreign-currency report released by the Treasury Department under President Donald Trump. It kept ...

  Bloomberg Growth in Americans’ wages has been leveling off lately, contrary to expectations that a steadily falling jobless rate will quickly lead to a sustained acceleration. Blame it on dismal productivity and lingering, albeit diminishing, slack even with unemployment at an almost 10-year low of 4.5 percent. The government’s most recent jobs report showed the underemployment rate — the ...

  Bloomberg Uber Technologies Inc. isn’t required to report its finances publicly, but the privately held company has decided to forgo that luxury for the first time. Uber said its revenue growth is outpacing losses, hoping to show the business is on a strong trajectory as it attempts to address a recent cascade of scandals. The ride-hailing giant more than ...

  Bloomberg US banks reporting their first profits under Donald Trump’s presidency are showing a split: Wall Street businesses are faring far better than some of those serving Main Street. The nation’s two biggest trading firms — JPMorgan Chase & Co. and Citigroup Inc. — posted surprisingly strong revenue from buying and selling securities in the first quarter, when political ...

  Riyadh / WAM The workings of the second group of the UAE-KSA Joint Determination Retreat, organised by the UAE-Saudi Co-ordination Council, were launched in Riyadh on Thursday, with the attendance and participation of ministers, high officials and general managers from both countries. The retreat came from the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and his ...

  Dubai / WAM Crown Prince of Dubai and Chairman of Executive Council HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum chaired on Thursday morning a meeting of the council at Emirates Tower, in the presence of Chairman of Dubai Civil Aviation and Chief Executive of Emirates Group H.H. Sheikh Ahmed bin Saeed Al Maktoum. The meeting reviewed various topics ...