Bloomberg Richard Liu built an e-commerce giant in China by tapping into the nation’s appetite for technology. As his JD.com Inc. sets its sights on global expansion, he’s turning to others for help: Google and Walmart Inc. Just a few months after Google bought a $550 million stake in JD, Liu said he’s in the early stages of strategic planning ...

Abu Dhabi / WAM Transformational industries’ contribution to non-oil GDP increased to 11.8 percent by fixed prices until the end of 2017 from 11.7 percent in 2016 and 11.5 percent in 2015, according to the UAE Ministry of Economy’s statistics. The growth reflects the significant achievements made by the transformational industries over the past five years, during which they have ...

ABU DHABI / WAM The Abu Dhabi City Municipality (ADM), won the corporate excellence award among Arab departments, during a ceremony held by the Excellence Awards Academy in Sharm Al-Sheikh, Egypt. Humaid Rashid Al Diri’ee, Acting Executive Director of Strategic Planning and Performance Management, received the award on behalf of the municipality. “The municipality was a worthy winner of this ...

ABU DHABI / WAM Abu Dhabi Securities Exchange’s (ADX) listed companies market cap reached AED526 billion ($143.3 billion), by the end of August; with a remarkable increase in ADX general index by 13.4% from the start of 2018. By the end of August sessions, the market capitalisation of domestic public companies listed on ADX increased to AED495 billion compared with ...

DUBAI / WAM The Department of Economic Development (DED) in Dubai, as part of its ‘Commercial Commitment Day’ initiative, will set out to enhance awareness among the business community on their rights and responsibilities as well as on ensuring better compliance with laws and regulations relating to doing business thereby avoiding fines and other penalties. A designated team from the ...

Abu Dhabi / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has significantly upped the ante on global marketing with the introduction of a major new international promotional campaign. This latest activity will build upon a destination identity that has already attracted record numbers of guests to the emirate for two successive years, and ...

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, visited Al Asayel School in Khalifa City, Abu Dhabi, on Sunday, on the first day of the academic year 2018-2019. The Abu Dhabi Crown Prince sat in on a lesson with pupils at the ...

HODEIDAH / WAM More than 31,000 Yemenis have benefited from emergency relief assistance provided by the Emirates Red Crescent (ERC), recently, including 22,500 children, while the Authority is continuing to rehabilitate drinking water plants to meet the needs of Yemeni households. Within this context, the ERC distributed 4,500 food baskets and basic commodities to Yemeni families in the districts of ...

DUBAI / WAM Nasdaq Dubai and Brokerage House Securities (BHS), have begun a joint campaign to publicise the benefits to investors of trading equity futures. The campaign will include seminars at Nasdaq Dubai’s new MarketSite event space, tailor made workshops, videos detailing how to trade and other activities that raise awareness of equity futures’ unique advantages. BHS is a trading Member ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), has launched Green Dubai, which includes three initiatives that will help make Dubai the smartest, happiest and most sustainable city in the world. The move supports DEWA’s efforts to empower customers to make sustainable decisions that contribute to protecting the environment and natural resources. In its first phase, Green Dubai will ...