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Tesla’s China exports in crosshairs of EU anti-subsidy probe

BLOOMBERG One automaker is looming larger than any other in the investigation of electric vehicles flowing into the European Union from China: Tesla Inc. During the evidence-gathering that precipitated last month’s surprise announcement of an EU anti-subsidy probe into Chinese EVs, the US carmaker was among the companies found to have likely benefited, according to people familiar with the matter. ...

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In his capacity as Ruler of Abu Dhabi, Mohamed bin Zayed issues law establishing Department of Government Enablement – Abu Dhabi

ABU DHABI / WAM In his capacity as Ruler of Abu Dhabi, His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, has issued a law establishing the Department of Government Enablement – Abu Dhabi. The objectives of the department are to provide Abu Dhabi Government entities services that enhance human capital and digitisation; deliver digital government services; ...

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CBUAE, Central Bank of Egypt enter into currency swap pact

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) have on Thursday entered into a Bilateral Currency Swap Agreement between the UAE Dirham (AED) and the Egyptian Pound (EGP). The agreement, signed by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, and Hassan Abdalla, Governor of the Central ...

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