Dubai / Emirates Business Dubai Multi Commodities Centre (DMCC), the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, announced on Sunday that it had successfully claimed a new Guinness World Records title for the world’s largest jigsaw puzzle by surface area. In celebration of the Year of Zayed, the wooden jigsaw of over 12,000 ...

Abu Dhabi / Emirates Business The Registration Authority of Abu Dhabi Global Market (ADGM) signed a Memorandum of Understanding (MoU) with the Abu Dhabi Monitoring and Control Centre (MCC), to facilitate the exchange of information and co-operation in relation to matters regarding monitoring & control compliance within ADGM’s Free Zone. The MoU was signed by Dhaher Bin Dhaher Al Mheiri, ...

Abu Dhabi / WAM The UAE Cabinet has approved a decision to form the Board of Directors of the Federal Youth Authority, under the chairmanship of Shamma bint Suhail Faris Al Mazrui, Minister of State for Youth Affairs, and the membership of government officials and representatives of youth councils from across the UAE. The decision reflects the keenness of the ...

Dubai / WAM The UAE is one of the largest importers of European cheese according to the latest statistics from the European Union, with 18,485 tonnes imported in 2017. Saudi Arabia, Lebanon, Iraq, Jordan and Kuwait also underscored the popularity of cheese, importing 17,900 tonnes of French cheese alone. “European cheese exporters are keen to explore opportunities in the region ...

HODEIDAH / WAM A four hour operation carried out by the UAE Advanced Surgical team has saved the life of a three-year old Yemeni girl who was seriously injured by a mortar shell fired by the Houthi militia. The child, Sumaiya, was at her family home in the At Tuhayat District of Hodeidah when it was hit by the shell, ...

Bloomberg The Trump administration is letting ZTE Corp. resume some business activities while the US weighs an end to a seven-year ban on the Chinese telecommunications company. The easing of restrictions didn’t come soon enough for ZTE’s bid to win a contract in Italy to supply wireless equipment to Wind Tre SpA. ZTE lost the deal because it’s barred from ...

Bloomberg Chinese internet giant Tencent Holdings Ltd. is planning to spin off its online music entertainment business and list its shares in the US through a public offering, the company said in a filing to the Hong Kong stock exchange on Sunday. Tencent, China’s largest social media and gaming company, said terms of the proposal, including size, price and range, ...

Bloomberg Singapore’s renewed clampdown on speculative property demand sent real estate stocks reeling, as analysts predicted the end of a nascent home price rebound and the deflation of a buoyant market for collective sales. The tightened rules sharply increase buyers’ stamp duties for entities such as developers. Singapore’s benchmark Straits Times Index dropped 2 percent Friday as property developers and ...

Bloomberg Flooding and landslides throughout western Japan have killed at least 66 people, forced thousands from their homes, knocked out electricity and halted operations at companies ranging from Panasonic Corp. to Amazon.com Inc. The death toll from what’s described as “historical rainfall” nearly tripled on Sunday from July 7, with local television showing overflowing rivers, submerged vehicles, collapsed roads and ...

Bloomberg India’s shift to electric vehicles has to be “gradual,” a government adviser said, signaling that the country may have further watered down its ambitions of having green vehicles comprise about a third of its fleet by 2030. India needs to push for EVs in a consistent manner over a long period of time and ensure that automobile jobs stay ...