Abu Dhabi / WAM The United Arab Emirates has pledged AED 367 million ($100 million) to the Global Partnership for Education (GPE) for the next three years to improve education and learning outcomes of 870 million children and young people in 89 developing countries during the Global Partnership for Education Replenishment Conference held between 1-2 February in Dakar, the capital ...

RAS AL KHAIMAH / WAM The American University of Ras Al Khaimah (AURAK) has signed a Memorandum of Understanding (MoU) with Al Shrooq Green Energy (ASGE), a UAE based company specialising in municipal solid waste (MSW) gasification technologies. The arrangement agrees to mutual cooperation in terms of sharing expertise, a pilot scaled Skid Mounted Gasification Unit (SMGU), and research on ...

Vienna / WAM Chancellor of Austria Sebastian Kurz received His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and his accompanying delegation, as part of HH’s official visit to Austria. Sheikh Abdullah conveyed the greetings of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and ...

Abu Dhabi / WAM The Federal Tax Authority (FTA), has set up integrated electronic systems to allow Taxable Persons to register, file tax returns and pay their due taxes seamlessly. The system encourages voluntary compliance, said FTA Director General Khalid Ali Al Bustani, calling on all businesses registered with the Authority, whose first Tax Period ends on January 31, to ...

Bloomberg India’s Narendra Modi delivered an election year budget focussed on tamping down rural discontent ahead of crucial elections, spending that could prompt the central bank to raise interest rates in the coming months. With less than a week to go before the Reserve Bank of India meets to decide on policy, Finance Minister Arun Jaitley unveiled a budget that ...

Bloomberg Shanghai Henlius Biotech Inc., backed by Fosun Group, is planning an initial public offering that could make it one of the first to take advantage of proposed Hong Kong listing rules aimed at attracting early-stage drug developers, people familiar with the matter said. The subsidiary of Shanghai Fosun Pharmaceutical (Group) Co. is considering selling shares in Hong Kong as ...

Bloomberg India expects to spend up to $1.9 billion annually on premium payments to provide as many as 100 million poor families with free access to health care. The programme, which provides poor with hospital care, will be funded with 60 percent contribution from the federal government and rest coming from the states, the National Institution for Transforming India, the ...

Bloomberg Apple Inc. quelled investor concern with results showing solid demand for its flagship iPhone X and a pledge to put its cash hoard to work in buybacks, dividends and acquisitions. The average selling price for the iPhone, Apple’s most important gadget, was $796 in the crucial holiday quarter. That was up from less than $700 a year earlier and ...

Bloomberg Tesla Inc. is planning a major expansion of its solar division at Home Depot Inc., embarking on a critical test of the mainstream appeal of its renewable-energy products. The tech pioneer, best known for its electric cars, is beginning to roll out Tesla-branded selling spaces at 800 of the retailer’s locations, the company confirmed to Bloomberg News. The areas, ...

Bloomberg Motorola Solutions Inc. sees an opening to take advantage of a backlash against Chinese-made technology products with its latest acquisition. The Chicago-based company agreed to pay about $1 billion including debt for Avigilon Corp., which makes security cameras and video analytics systems for airports, railroads, cities and other commercial enterprises, according to a statement Thursday. Motorola agreed to pay ...