ABU DHABI / WAM In collaboration with five cultural partners representing influential sectors in the fields of media, heritage, arts, museums and technology, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, will organise the third edition of the Culture Summit Abu Dhabi from April 7-11, 2019 at Manarat Al Saadiyat in Abu Dhabi. The partners are ...

Dubai / Emirates Business Careem, the region’s leading technology platform, has launched an online delivery platform for goods and services. Careem NOW is Careem’s expansion into the food delivery market as the company expands its platform beyond ride hailing to payments, delivery and mass transportation. Adeeb Warsi, MD of Careem NOW, said: “Careem NOW can do for food delivery what ...

ABU DHABI / WAM The Board of Management of the UAE’s Federal Authority for Nuclear Regulation (FANR), has reviewed progress of its operational activities and the 2019 Operational Plan where it includes projects aimed at strengthening the Authority mandate as the nuclear regulator in the UAE. During their sixth meeting, the Board learned about latest updates of the FANR ongoing ...

Dubai / WAM dnata has been expanding its operations and production in the Czech Republic to meet the growing demand for its quality inflight catering and inflight retail services. Operating a state-of-the-art facility at Vaclav Havel Airport, the company currently serves 18 airlines in Prague. dnata’s growth in 2018 has been driven by a new partnership with American Airlines and ...

Dubai / WAM The UAE government launched an interactive initiative, titled, ‘Government Experience Dialogue’, to showcase innovative technologies and the latest developments of leading companies and institutions, as well as to explain the effects of these technologies on future government services. The dialogue sessions are part of a series of initiatives that aim to gather decision-makers and international experts, to ...

Bloomberg The slide in US stocks slowed somewhat as investors weighed the impact of the Federal Reserve on growth in an economy already buffeted by trade, geopolitical tensions and a possible government shutdown. All major American equity benchmarks opened lower, before a tech rally pared some losses, as the Fed looked certain to raise rates after its policy meeting on ...

Bloomberg China’s exchange rate is likely to get more volatile in time as the country pushes greater international use of the yuan, according to Goldman Sachs Group Inc. While the yuan-internationalisation campaign hit a setback as China tightened regulation of capital flows in the wake of a messy 2015 devaluation, there’s increasing pressure for policy makers to take up the ...

Bloomberg In the uproar over Carlos Ghosn’s alleged financial improprieties, the former chairman of Nissan Motor Co. has received most of the heat. Now, the scrutiny has expanded to the role of the Japanese automaker and its chief executive officer: Hiroto Saikawa. Tokyo prosecutors on December 10 indicted Nissan, as well as Ghosn, for allegedly misleading investors and the government ...

Bloomberg Byju’s, an Indian education startup, more than doubled its valuation to $3.6 billion after a funding round led by Naspers Ventures and the Canada Pension Plan Investment Board. The company raised $540 million, which will be used to fuel an expansion into English-speaking countries, Bangalore-based Byju’s said in a statement. The new valuation puts it among the top five ...

Bloomberg Shares of billionaire Anil Agarwal’s Vedanta Ltd. surged in Mumbai after the country’s National Green Tribunal said the company could restart its copper smelter that accounts for nearly half of India’s output. Vedanta’s shares rose as much as 6.3 percent in Mumbai on Monday, paring losses to 37 percent this year, after the tribunal quashed the Tamil Nadu state ...