ABU DHABI / WAM President Aleksandr Lukashenko of Belarus visited the Sheikh Zayed Grand Mosque in Abu Dhabi, along with his accompanying delegation, as part of his official visit to the UAE. The Belarusian President, commenced his tour by visiting the ossuary of the late Sheikh Zayed bin Sultan Al Nahyan, and recalled the Founding Father’s wise approach that enriched ...

Dubai / WAM The second edition of the World Tolerance Summit (WTS), one of the initiatives of the International Institute for Tolerance (IIT), under the Mohammed bin Rashid Al Maktoum Initiatives, will be chaired by Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Chairman of the Board of Trustees of the International Institute for Tolerance (IIT), top officials ...

Abu Dhabi / Emirates Business The world’s most influential oil and gas exhibition and conference, the largest-ever Abu Dhabi Petroleum Exhibition and Conference (Adipec), opens on Monday. As a global platform for industry best-practice and innovation, Adipec will set the agenda for the future of the energy, oil and gas sector. Over four days, the event will welcome more than ...

Bloomberg Alibaba Group Holding Ltd is moving ahead with plans to raise as much as $15 billion in a Hong Kong share sale, people with knowledge of the matter said, a major win for a city rocked by months of civil unrest. Asia’s largest company by market value is now preparing for a listing hearing as mandated by companies that ...

Bloomberg India will import 100,000 tons of onions, Food and Consumer Affairs Minister Ram Vilas Paswan said in a message on Twitter, in a bid to curb rising prices. State-owned trading firm MMTC Ltd will import the onions so that they are available for distribution between November 15 and December 15, the minister said. State co-operative National Agricultural Cooperative Marketing ...

Bloomberg Work is set to begin on a $2.7 billion renewable energy project in Japan’s Fukushima, the site of one of the world’s worst nuclear disasters, the Nikkei newspaper said. The plan is for the wind and solar project to generate and transmit up to 600 megawatts of power, which will be supplied to Tokyo and the surrounding area, according ...

Bloomberg India’s electricity demand declined for the third straight month, another indication of an economic slowdown that seems to be deepening. Electricity demand from distribution utilities declined 13.2% in October from a year earlier, data from the Central Electricity Authority showed. The slump began in August when the power requirement dropped for the first time in more than two years. ...

Bloomberg Honda Motor Co cut its annual profit forecast as sluggish global vehicle demand and supply issues weigh on the Japanese carmaker, which unveiled a 100 billion yen ($915 million) share buyback. Operating profit for the fiscal year ending March will be 690 billion yen instead of 770 billion yen, the company said in a statement. Analysts are predicting a ...

Bloomberg Toshiba Corp is set to post a seven-fold increase from a year earlier in April-September operating profit, the Nikkei reported without saying where it got the information. Despite the 50 billion yen ($458 million) in operating profit in the six-month period, the company will report a net loss because of the weak performance of a chip-making subsidiary and deficits ...

Bloomberg #DemonetisationDisaster was among the top trends worldwide on Twitter on November 8, the third anniversary of Indian Prime Minister Narendra Modi’s ban on high-value currency notes that has since been termed a “total failure” and a “draconian” act. The outcry comes on the day Moody’s Investors Service cut India’s credit rating outlook to negative, citing a litany of problems ...