Abu Dhabi / Emirates Business The Department of Culture and Tourism — Abu Dhabi (DCT Abu Dhabi) and Airbnb, the online community marketplace which provides access to millions of unique accommodation and Experiences around the world, have teamed up to promote the UAE capital’s offerings. DCT Abu Dhabi’s already established Emirati Experiences initiative offers visitors to the emirate a selection ...

Bloomberg BMW AG is building its first factory in Europe in nearly two decades, strengthening its footprint close to home as growing protectionism adds to the cost of shipping cars around the globe. The carmaker is investing $1.17 billion in a new production plant in Hungary to produce 150,000 vehicles annually, according to a statement. It’ll be BMW’s first new ...

Bloomberg A weak share price, a fragile dividend and a switch of chief executives: conditions at Vodafone Group Plc may be ripe for a shake-up by US activist investor Elliott Management Corp. A report that Elliott has taken a stake in the world’s second-largest wireless carrier comes at a critical time for Vodafone, which is battling intense competition in Europe ...