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  Dubai / WAM Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the fifth edition of the World Government Summit (WGS 2017), the world’s largest platform for shaping future governments, is set to launch on February 12. The summit will host in its upcoming edition ...

  Sharjah/ Emirates Business Sharjah Book Authority (SBA) took another significant step to enhance Arab cultural dialogue at the 48th edition of Cairo International Book Fair (CIBF), which runs until February 10. Two events, a seminar titled ‘The Emirati Novel in the Past and the Present’, and a poetry reading session, ‘Voices from the UAE’, were organised by SBA on ...

  SEATTLE / AP A federal judge’s order blocking President Donald Trump’s ban on admitting travelers from seven predominantly Muslim countries or any refugees left authorities and advocates wondering what to do Saturday with the people who finally got visas to come to America, only to be turned away. The White House said it would try to get a court ...

  Bloomberg If Donald Trump slapped China with punishing tariffs, the pain would also be felt by Japan, South Korea and Taiwan, vital cogs in a regional supply chain that allows China to build widgets and gadgets for the world. But Asia boasts a fast-growing middle class now numbering in the hundreds of millions, meaning China and other regional exporters ...

  Bloomberg Hyundai Motor Co, South Korea’s biggest automaker, plans to partner with billionaire Mohammad Mian Mansha’s Nishat Mills Ltd. to start assembling cars in Pakistan as vehicle sales accelerate in the $271 billion economy. Nishat Mills’ venture, which includes Hyundai and Sojitz Corp., will assemble passenger and one-ton commercial vehicles in Pakistan, the company said in a stock exchange ...

  Bloomberg Costly delays, growing complexity and new safety requirements in the wake of the triple meltdown at Fukushima are conspiring to thwart a new age of nuclear reactor construction. So-called generation III+ reactors were supposed to have simpler designs and safety features to avoid the kind of disaster seen in Japan almost six years ago. With their development, the ...

  Bloomberg Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere. The US company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information ...

  Bloomberg This year, tax reform could give US companies access to hundreds of billions of dollars they have stashed overseas. Many corporations can’t wait that long. Apple Inc. and Microsoft Corp. combined sold $27 billion of debt this week to fund their daily operations, repay maturing debt, and buy back shares. Those bond sales might be unnecessary if new ...

  Bloomberg As Donald Trump’s administration prepares to renegotiate Nafta, the head of Mexico’s largest movie theater chain is warning that an end to free trade could convince him to buy his popcorn from Argentina instead of the US. Cinepolis de Mexico SA, the world’s fourth-largest cinema chain, buys about $10 million a year of American kernels from farmers in ...

  Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD) contributed a US$90 million concessionary loan for the successful completion of a 320 megawatt hydroelectric power plant in eastern Sudan. ADFD officials attended the official opening of the Upper Atbara and Setit Dam Complex plant, which was inaugurated by Sudanese President Omar Hassan Al Bashir. Mohammed Saif Al Suwaidi, ...