ABU DHABI / WAM Hamad Al Mutawa, Chief Operating Officer of Commercial Operations at the Dubai Cable Company (Ducab), said that the company is supplying 90 percent of cables required by the Expo 2020 Dubai, which will be used by the expo’s train project. The oil and gas sector accounts for over 20 percent of the company’s sales, he added, ...

Abu Dhabi / WAM The UAE has embraced hundreds of leading innovative ideas and projects, making it the home of all innovators and ambitious people from around the world. The UAE’s openness and tolerance, as well as its safe and stable environment and its strategic location and modern legislation, have enabled it to attract people wishing to establish their businesses ...

Bloomberg Nissan Motor Co withdrew its dividend outlook and said it’s now undecided on a payout, an unexpected blow to top shareholder Renault SA. The Japanese automaker, which slashed its profit and sales outlook for the current fiscal year to March, had already cut its dividend earlier this year. It withdrew its outlook for a 40 yen-per-share divided for the ...