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ADDED organises workshop to promote investments, exports

Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (ADDED), organised a two-day training workshop at its headquarters, in cooperation with the Ministry of Economy, entitled, ‘Policies of Encouraging Investments and Export. The workshop provided participants with an analysis of the government’s strategies to promote exports and attract investments, by providing practical analytical tools to study and encourage ...

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UAE denies Houthi allegations of firing missile at N-plant

Abu Dhabi / WAM The National Emergency Crisis and Disaster Management Authority (NCEMA), has denied claims made by Houthi militias in Yemen of a missile launch towards the UAE’s airspace. In a statement, NCEMA emphasised that the UAE’s air defence system is capable of dealing with any threats. The authority noted that the Barakah Nuclear Power Plant has all necessary ...

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Nissan seeks $770mn from India for broken tax-break promise

Bloomberg Nissan Motor Co. is seeking compensation from India, saying the government failed to keep its end of the bargain on promised tax breaks after wooing the Japanese automaker to set up a factory in the South Asian country. The Yokohama-based carmaker has started international arbitration against the Indian government, a Nissan spokesman said. The company wants $770 million in ...

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