DUBAI / WAM The Roads and Transport Authority (RTA) and the Sustainable City Project have signed a Memorandum of Understanding (MoU) for the operation of autonomous vehicles within the facilities of the project situated in Dubai Land, Al Qudra Road, starting from February. The step stems from the keenness of both parties to support Dubai Government strategy of converting 25% ...

Bloomberg Stocks and Treasuries gained, while the dollar erased losses as the US Senate prepared to vote on ending a partial government shutdown. The S&P 500 Index rose following a third straight weekly advance as investors awaited about 80 earnings reports this week, including from Netflix Inc. and Proctor & Gamble Co. The dollar edged higher along with 10-year Treasuries ...

Bloomberg Hong Kong’s market rally is benefiting developers to drugmakers, which rushed to sell stock in the biggest week for follow-on equity offerings in more than two years. Companies listed in the city priced a combined $2.5 billion of such share sales last week, making it the busiest week since June 2015, according to data compiled by Bloomberg. The flood ...

Reuters Gulf stock markets were sluggish in early trade on Monday with real estate developers weighing on Dubai because of continued concern about the impact of ample supply of new homes on the sector. The Dubai index lost 0.6 percent to 3,492 points as Emaar Properties dropped 0.8 percent and Deyaar and Union Properties both fell 0.7 percent. In the ...

AL AIN / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Sunday patronised the graduation ceremony of the 42nd batch of cadet officers of Zayed II Military College in Al Ain. The ceremony began upon the arrival of His Highness Sheikh Mohammed bin Rashid at the college ...

Dubai / WAM The UAE occupied the first regional position and the 17th international position on the Global Talent Competitiveness Index (GTCI), according to the 2018 publication issued by the Business School for the World (INSEAD), in France. The report is a comprehensive annual benchmarking measuring how countries and cities grow, attract and retain talent, providing a unique resource for ...

ABU DHABI / Emirates Business A delegation from the Abu Dhabi International Boat Show (ADIBS) managed by Abu Dhabi National Exhibitions Company (ADNEC) attended Boot Düsseldorf, one of the largest premier marine shows for yachting, watersports and fishing currently underway in Düsseldorf, Germany. The ADIBS team’s participation, alongside partners British Marine and Superyacht UK, is aimed at increasing awareness of ...

Abu Dhabi / Emirates Business Obaid Humaid Al Tayer, Minister of State for Finance and Chairman of the Board of Directors of Emirates Development Bank (EDB), announces the launch of financing products for small and medium-sized enterprises (SMEs), owned and operated by UAE nationals, in support of the economic and social development, taking place in the United Arab Emirates. Approximately ...

Dubai / Emirates Business Emirates SkyCargo, the freight division of Emirates, has stepped up its commitment to securely transport temperature sensitive pharmaceutical shipments with the introduction of pharma corridors offering additional protection across selected stations in its network for pharmaceutical cargo. Emirates SkyCargo is working with ground handling partners and other stakeholders at multiple cities across its global network in ...

Ajman / WAM His Highness Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, reviewed the plans, programmes and projects undertaken by the Ministry of Climate Change and Environment (MOCCAE), being implemented throughout the country, as well as in the emirate. His Highness, the Ruler of Ajman, received Dr Thani bin Ahmed Al Zeyoudi, Minister of ...