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RTA, DFF teams visit USA to study latest driverless technology

  Dubai / WAM A delegation from the Roads and Transport Authority (RTA) and the Dubai Future Foundation (DFF), reviewed the latest technology and research on driverless vehicles during a visit to the Carnegie Mellon University and Uber Company in the United States. The visit was part of efforts to develop the Dubai Driverless Transport Strategy Project. Ahmed Bahrozyan, CEO of ...

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UK’s fading gas fields lead to surge in imports

  Bloomberg Relying on natural gas to fuel Europe’s second-largest economy was never going to be easy for the UK, even before Brexit. Britain’s once vast North Sea gas fields are fading, and even after a decade of trying, the island nation hasn’t replicated the fracking boom that turned the US into the world’s largest producer. Gas imports have jumped ...

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Trump threatens health subsidies to poor to force negotiations

  Bloomberg President Donald Trump might withhold payments under Obamacare that are used to help poor people afford medical services in order to force Democrats to negotiate changes to the health law, he told the Wall Street Journal in an interview. Those payments to lower-income people, called cost-sharing-reduction subsidies, have been at the center of an almost three-year legal battle ...

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Akzo fight with PPG escalates as Elliott wants chairman out

  Bloomberg The battle for control of Akzo Nobel NV escalated after Elliott Advisors called for the chairman’s ouster, drawing a fiery retort from the Dutch paint maker suggesting the activist shareholder is working with PPG Industries Inc. on its $24 billion takeover offer. The removal of Chairman Antony Burgmans would be irresponsible and damaging, and Elliott’s move for a ...

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RAK sees 35% growth in Indian visitors

  RAS AL KHAIMAH / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), which develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, conducted a media and trade roadshow in India this week to outline its 2017 strategy for the Indian market. Visitors from India to the emirate in Q1 2017 grew 35 percent, while the ...

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SBWC workshops to boost women entrepreneurs

  SHARJAH / Emirates Business Sharjah Business Women Council (SBWC) will hold two workshops that will offer participants a glimpse into the art of photography and videography, as well as table setting, and how women can turn those skills into a business. The first workshop, which will take place on April 16-18 between 10am to 2pm at the Sharjah Art ...

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DIAC shares best practices with Chinese delegation

  DUBAI / WAM The role of commercial arbitration in settlement of disputes and in ensuring an investment-friendly environment was the main topic of discussion at a meeting held by the Dubai International Arbitration Centre (DIAC), with a high-ranking Chinese delegation. The meeting touched on ways of exchanging expertise in areas of arbitration, being an ideal alternative to litigation in resolving ...

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Abu Dhabi University to open new campus in Dubai

  ABU DHABI / WAM Abu Dhabi University, ADU, announced on Thursday its plans to open a new campus in Dubai offering master’s degree programmes in law, business and engineering. The announcement was made during ADU’s participation at Gulf Education & Training Exhibition, GETEX, the leading student recruitment event that’s currently underway in Dubai. The university’s expansion drive is aligned with ...

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