Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Monday received a phone call from President Joko Widodo of Indonesia. They discussed UAE-Indonesia relations in various fields and ways of developing them to achieve mutual benefits. During the call, Sheikh Mohamed bin ...

Dubai / WAM The Expo 2020 Dubai Higher Committee has affirmed its commitment to hosting an exceptional World Expo during a meeting led by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Expo 2020 Dubai Higher Committee. The high-level task force is entrusted with steering progress on the largest event ever held in the Arab world. Through the ...

Dubai / WAM Seventeen UAE companies have confirmed their investment in India’s infrastructure sector in the last 12 months, an Indian minister has said. Piyush Goyal, Indian Minister of Railways and Minister of Commerce and Industry told the Emirates News Agency (WAM), that since the 6th meeting of the UAE–India High Level Joint Task Force on Investments that was held ...

ABU DHABI / WAM The Integrated Transport Centre (ITC), in Abu Dhabi has announced that 40 bus stops have been converted into taxi stands on Abu Dhabi Island. The move aims to provide innovative solutions for parking management in Abu Dhabi, said a press statement issued by the ITC on Monday. This step aims to regulate and optimise the use ...

ABU DHABI / WAM Positive macroeconomic developments during the first and the second quarters of 2019 reflected on the UAE labour market as employment in the private sector increased by 1.0 percent in Q2 to 5.1 million compared to a rise of 0.1 percent in the previous quarter, according to figures released by the Central Bank of the United Arab ...

Dubai / WAM Dubai has risen up the ranks of the Global Financial Centres Index (GFCI), to number eight position, representing its highest-ever ranking. The city is the only financial centre in the Middle East, Africa and South Asia (Measa) region to appear within the top 10 rankings, placing it alongside other pivotal financial hubs such as London, New York, ...

Abu Dhabi / WAM In a continuous effort to improve business efficiency and ensure ease of doing business, the Abu Dhabi Global Market (ADGM), Registration Authority has launched an instant licence renewal service for entities registered at ADGM. According to a press release issued by ADGM on Monday, the new instant licence renewal service will allow registered entities to efficiently ...

Bloomberg The UK is set to open the first contest in a decade intended to draw as much as $25 billion of investment in offshore wind farms. The move in a competitive auction for leases where developers can plant large-scale turbines at sea will bring at least 7 gigawatts of new power generation capacity to the UK grid and speed ...

Bloomberg Apple Inc may only need to wait until Tuesday to get early clues about its chances of success in the biggest tax case in recent history. The iPhonemaker has been arguing its case at the European Union’s General Court to topple a record 13 billion-euro ($14.3 billion) EU tax order. This week the same panel of judges will deliver ...

Bloomberg Vonovia SE will become the largest landlord in Sweden after buying Stockholm-based apartment owner Hembla AB for about $1.3 billion. Following its 2018 purchase of Victoria Park, the deal is the German company’s second in the Swedish market and will increase its portfolio in the country to more than 38,000 apartments, overtaking Rikshem and Heimstaden, according to Vonovia. Germany’s ...