Ajman / WAM HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has commended the efforts of Municipality and Planning Department, Ajman to increase the green areas in the emirate. He also praised the keenness of the civic body on increasing the number of parks in various areas, achieving the leadership’s vision and the dream ...

Rotterdam / WAM A senior delegation, headed by Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority, DEWA, is visiting the Kingdom of the Netherlands, aimed at strengthening ties, exchanging expertise, and promoting participation by Dutch companies in the first Dubai Solar Show, which will be held in conjunction with the 18th Water, Energy, Technology, and ...

Dubai / WAM Dubai International Financial Centre (DIFC) the global financial gateway connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia, has announced the launch of its new property listings website, an integrated platform that connects landlords of DIFC-registered properties to existing and prospective tenants. In line with DIFC’s objective to build a ...

Abu Dhabi / WAM Under the sponsorship and guidance of Tawazun Economic Council (Tawazun), the joint venture named AgustaWestland Aviation Services between Abu Dhabi Aviation and the Helicopter Division of Finmeccanica which designs and manufactures helicopters, is now fully operational. The company provides helicopter spare parts and accessories, component repair and overhaul, helicopter technical testing, customisation, modification and upgrading, primarily ...

Yangon / AFP Aung San Suu Kyi’s incoming government is considering a rethink of a controversial Chinese-backed dam in Myanmar and looking for ways to end a military conglomerate’s “privileges”, according to her party’s economic advisor. Her new government, which is expected to take office in early April, faces a raft of economic challenges, not least the continued financial clout ...

New Delhi / Bloomberg Jewellers in India, the world’s biggest gold consumer after China, are estimated to be losing about $150 million a day as a shutdown to protest a proposed tax enters its second week, according to the All India Gems & Jewellery Trade Federation. Shops will remain closed until the government assures jewellers that the 1 percent duty ...

New Delhi / Bloomberg Suzuki Motor Corp., shipping India-built cars to Japan for the first time, said plants in its biggest market are now capable of making vehicles at the same level of quality as factories at home. Japan’s second-biggest minicar maker began selling the Baleno hatchback, made by its Maruti Suzuki India Ltd. subsidiary, in Japan on Wednesday, according ...

Tokyo / AFP Japan’s Toshiba on Wednesday offered camera maker Canon exclusive rights to buy its medical devices unit, as the engineering giant sells businesses to recover from a major accounting scandal. The announcement comes as Toshiba expects a whopping loss of about $6.0 billion for the year to March due to sagging global demand and a spectacular profit-padding scandal, ...

Beijing / Bloomberg Talk about a hostile takeover. What seemed like a straightforward consolidation of two Chinese cement makers has morphed into a test of President Xi Jinping’s push to streamline bloated industries and rebalance a lagging economy. Missing company chops, seized corporate offices, $700 million in bond defaults and suspended shares are major plot points in the story of ...

Bloomberg The Canadian government is signaling it could test the waters of quota-free softwood lumber trade with the U.S., a move expected to reignite a dispute that simmered for decades. Canada’s trade minister wouldn’t commit to reaching a deal before the U.S. is allowed to again place tariffs on Canadian softwood lumber. The previous softwood agreement, which included quotas and ...