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UAE, Norway mark 40 years of strong cultural relations

DUBAI / WAM An exhibition titled Norway-UAE: +40 Years of Culture opened at the Ministry of Foreign Affairs and International Cooperation, with the attendance of Zaki Nusseibeh, Minister of State and Jens Eikaas, Norwegian Ambassador to the UAE. The exhibition was previously on display at Mesh — The Nordic Creator’s Community in Oslo. Taking the Norwegian Seamen’s Centre in Dubai ...

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Union Coop records 20% growth in H1 net profit

DUBAI / WAM Union Coop, reported a 20 percent growth in net profit for the first half of 2019, compared to the previous year. The net profit for 2018 was AED237.7 million, whereas 2019 reported AED284.6 million net profit, which is a surge of AED46.9 million. CEO of Union Coop – Khalid Humaid Bin Diban Al Falasi said, “The increase ...

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Didi kicks off expansion in Latin America

Bloomberg Chinese ride-hailing giant Didi Chuxing launched new financial services in Brazil and Mexico as it expands in Latin America and again confronts Uber Technologies Inc. The privately-held company, which was last valued at $56 billion and facilitates 30 million rides a day, said it would partner with financial institutions to offer drivers in Mexico and Brazil a bank card ...

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