Dubai /Â WAM The Middle East Film and Comic Con (MEFCC) officially opened its doors at the Dubai World Trade Centre (DWTC) on Thursday. Director General of the Government of Dubai Media Office (GDMO) Mona Al Marri officially opened the event at a ribbon-cutting ceremony, in the presence of CEO of Dubai World Trade Centre and Director General of Dubai’s ...
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MoF signs pact with SACGC to empower culture of innovation
Kuwait / WAM As part of its commitment to strengthen cooperation and exchange expertise on innovation, the UAE Ministry of Finance (MoF) signed an MoU with Sabah Al-Ahmad Centre for Giftedness and Creativity (SACGC). The signing took place at SACGC’s premises. The MoU was signed by Fatima Yousef Al Naqbi, the Chief Executive Officer of Innovation at MoF, and Dr. ...
Read More »Precious Arabic manuscripts showcased at Dubai Culture event
Dubai /Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, hosted an event to celebrate Arab Manuscript Day at the Dubai Public Library Al Twar branch, in collaboration with Juma Al Majid Centre for Culture and Heritage. Visitors attended an ‘Arabic Manuscript in Risk’ lecture, which saw the participation of ...
Read More »Etihad plays host to world’s 50 best chefs in Australia
Abu Dhabi / Emirates Business Many of the world’s best chefs and culinary media have experienced Etihad Airways’ award-winning hospitality on their way to Australia for this week’s announcement of The World’s 50 Best Restaurants. As the Official Airline Partner of the 2017 event, Etihad Airways has had the honour of flying some of the biggest names in global ...
Read More »China’s debt puzzle grows complex as ‘off-book’ bonds increase
Bloomberg China’s evolving means of selling government debt is masking the true extent of the government’s planned borrowing levels. The official budget deficit target is 3 percent of economic output, but that doesn’t include all government debt. One category falling outside of the forecast is off-book bonds — or special bonds as they’re known in China — whose sales ...
Read More »Aussie millennials have second lowest home ownership level
Bloomberg Australian millennials have the second-lowest level of home ownership for their peer group, an HSBC Holdings Plc survey found, just ahead of an oil-rich absolute monarchy. Only 28 percent of Australians aged between 19 and 36 own a home, the survey of more than 9,000 people in nine countries showed. That was well below France on 41 percent ...
Read More »UK financiers battle govt over taxes as Brexit looms
Bloomberg There are signs Britain is getting tougher on financiers just as it needs to attract them. Tax officials are pursuing probes into the residency status of HSBC Holdings Plc Chief Executive Officer Stuart Gulliver and Chi-X Global Inc. Chairman-Emeritus Anthony Mackay, as the government clamps down on people — oftentimes bankers — who work in the UK but ...
Read More »Monsanto earnings beat estimates as US seed sales climb
Bloomberg Monsanto Co., the world’s largest seed company, reported record fiscal second-quarter earnings amid signs that US farmers are preparing to sow record acreage with soybeans this year. Profit excluding one-time items was $3.19 a share in the three months through February, St. Louis-based Monsanto said in a statement, beating the highest of 16 analysts’ estimates compiled by Bloomberg. ...
Read More »Kraft’s failed bid jolts Unilever chief into protective revamp
Bloomberg Unilever Chief Executive Officer Paul Polman is channeling an aborted takeover coup by Kraft Heinz Co. into some shock therapy of his own. Acknowledging that the failed $143 billion bid had energized his company, Polman announced his most sweeping overhaul of the consumer-goods giant in a bid to protect its independence after being caught off guard by the ...
Read More »GOP plays blame game as health deal prospects fade
Bloomberg Let the blame game begin — again — with House Republicans saying they still can’t reach a deal on reviving their health-care bill, likely delaying any chance of action until at least May. “And this time, we’ll have two weeks to let this all fester,†said Representative Dennis Ross of Florida, referring to the two-week recess that starts ...
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