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  Riyadh / WAM In a statement marking his participation at the GCC-US Summit in Saudi capital, Riyadh, on Thursday, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the UAE policy also backs Arab countries in their efforts to stand against the forces of extremism, violence ...

  Dubai / Emirates Business Tourism Malaysia’s Deputy Director General (International Promotion) Dato’ Hj. Azizan Noordin will be leading a delegation of 124 Malaysian sellers from 77 organisations to participate in the Arabian Travel Market (ATM). The prestigious annual event will once again be held in Dubai, from April 25-28. The Malaysian delegation is comprises a good mix of hotels ...

  Ritika Sharma / Emirates Business Dubai World Trade Centre (DWTC) started the year on a strong note by hosting 17 live events in the first quarter, attracting over 75,000 visitors. Enriching Dubai’s leisure event calendar, the past three months has seen a mix of global stars, musicals and comic performances including heavyweight standup Russell Peters, French Armenian music sensation ...

  Tokyo / AFP Mitsubishi Motors shares nosedived again on Thursday as panic selling wiped about $2.5 billion off the automaker’s market value in response to its shock admission that it cheated on fuel-efficiency tests. The embarrassing revelation is the latest in a string of recent scandals to hit Japanese firms, while German giant Volkswagen struggles to restore its badly ...

    Bloomberg U.K. retail sales posted their biggest monthly decline in more than two years in March as Britons bought less of everything from food to clothing. The volume of sales excluding auto fuel fell 1.6 percent from February, the most since January 2014. Total sales dropped 1.3 percent. Both far exceeded the modest declines forecast in a Bloomberg ...

  Bloomberg Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct knowledge of the matter said. The parties reached the accord ahead of a Thursday deadline set by a federal judge for ...

  Riyadh / AFP US President Barack Obama met Gulf leaders in Saudi Arabia on Thursday to push for an intensified campaign against the IS group, despite strains in ties with Washington. Making what is likely his final presidential visit to America’s historic allies, Obama posed for a summit photo with the six regional leaders, including Saudi King Salman, before ...

  Brasília / AFP   Brazil’s Supreme Court dealt a new blow to embattled President Dilma Rousseff, postponing a decision on whether to let her influential predecessor, Luiz Inacio Lula da Silva, join her government. The latest delay on Wednesday leaves Lula, who was named chief of staff last month, in limbo while Rousseff’s own job hangs by a thread, ...

  Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, attended the official launch of the Abdullah Al Ghurair Foundation for Education, one of the largest privately funded philanthropic education initiatives in the world on Wednesday. The event included a signing ceremony with leading universities, Khalifa University, American ...

  Riyadh / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday met Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defence. During the meeting, they discussed fraternal relations and ways to enhance them between the two countries. ...