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10,231 counterfeit beauty, skincare products seized

ABU DHABI / WAM Abu Dhabi Department of Economic Development (DED) has seized 10,231 counterfeit beauty and skincare products in an inspection campaign launched by its Commercial Protection Directorate (CPD) in Mussaffah, Abu Dhabi. The CPD also issued 12 fines against vehicle owners who transported products without a license in Zayed City Centre in Abu Dhabi and the Industrial Zone ...

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Adnoc rolls out self-service refuelling in Abu Dhabi

ABU DHABI / WAM ADNOC Distribution on Tuesday launched the pilot phase of its smart self-refueling service (ADNOC SMART) in the Emirate of Abu Dhabi, which will run until October 1 and cover four service stations on Abu Dhabi Island. ADNOC SMART also enables registered customers to benefit from a variety of innovative payment methods. The pilot phase of ADNOC ...

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World’s biggest pension fund adds $42bn as stocks gain

Tokyo / Bloomberg The world’s biggest pension fund posted its best quarterly gain in a year as a rebound in stocks helped add $42 billion to the value of Japanese asset manager’s investments. The 139.8 trillion yen ($1.2 trillion) Government Pension Investment Fund (GPIF) delivered a 3.6 percent return in the three months ended December as its holdings rose by ...

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