CAIRO / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, has underlined the UAE’s support for all efforts aimed at finding a permanent and comprehensive solution to the Palestinian cause, underscoring the importance of prioritising reason and addressing current developments wisely. He called for direct negotiations between the Palestinians and Israelis, noting that dialogue is an ...

DUBAI / WAM Dubai will become the first city in the Middle East and North African (Mena), to host Kauffmann Fellows Summit, announced the Dubai Future Foundation on Sunday. The globally renowned non-profit fellowship programme will take place from February 9-12, as the Emirate of Dubai fortifies its reputation for convening the world’s top talent to power a knowledge-based economy. ...

ABU DHABI / WAM Abu Dhabi Airports has announced the signing of a cooperation agreement with the Emirates Red Crescent (ERC) to enhance its role in community, charitable and humanitarian initiatives. The new agreement also defines frameworks of cooperation humanitarian services and fundraising and supports relevant government strategies at a local and international level. The signing took place during an ...

ABU DHABI / WAM More than one million seeds of native wild plant species will be scattered across Abu Dhabi by the Environment Agency – Abu Dhabi (EAD) across four different locations. The move comes as part of the EAD’s aim to rehabilitate natural habitats, support seed stock in different types of soils and enhance the plant cover of selected ...

Bloomberg A 44-year-old Chinese male from Wuhan died in the Philippines on February 1 from the novel coronavirus, the first death recorded outside of China, the World Health Organization (WHO) said on Sunday. The man arrived in the Philippines on January 21 accompanying the country’s first confirmed case, a 38-year-old woman, after they had travelled from Wuhan via Hong Kong, ...

Bloomberg Indian PM Narendra Modi’s second budget in seven months disappointed investors who were hoping for big-bang stimulus to revive growth in Asia’s third-largest economy. The fiscal plan — delivered by finance minister Nirmala Sitharaman — proposed tax cuts for individuals and wider deficit targets, but failed to provide specific steps to fix a struggling financial sector, improve infrastructure and ...

Bloomberg Prosecutors in Tokyo issued a fresh warrant for the arrest of ex-Nissan Motor Co Chairman Carlos Ghosn, who jumped bail and fled the country last month to escape trial for alleged financial crimes. The Tokyo District Public Prosecutors Office issued the warrant on Ghosn for illegally departing Japan, where the former auto executive was charged with failing to fully ...

Bloomberg Huawei Technologies Co is in talks about investing in European tech startups and contributing to research in a bid to secure its supply chain as tensions with the US escalate, people familiar with the matter said. In the final weeks of 2019, Huawei executives visited startups and venture capital firms in countries including Germany and France, they said. The ...

Bloomberg Samsung Electronics Co reported a 38% decline in profit due to falling memory chip prices, a warning sign for the global technology industry as it navigates trade tensions and the coronavirus outbreak. Net income tumbled to 5.23 trillion won ($4.4 billion) for the three months ended in December, compared with the 5.31 trillion won average of projections. The miss ...

Bloomberg The Congress of South African Trade Unions (Cosatu), the nation’s biggest labour federation, will present its proposal to rescue state power company Eskom Holdings SOC to senior members of government and the business community on Monday. The union group, an ally of the ruling African National Congress, wants the government-owned pension fund, the Public Investment Corp, and state lenders, ...