Belgrade / Emirates Business Dr Mohammed Al Zarooni, Chairman of the World Free Zones Organisation (WFZO) met with Serbian Minister of Finance, Siniša Mali in Serbia. The meeting was held to explore the role of Serbian free zones in advancing Serbian economic growth and managing the growth and sustainability of foreign direct investment through Serbian free zones. The agenda of ...
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December, 2019
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21 December
Over 300mn gallons of water saved, says Dewa
DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) announced on Saturday that its smart response initiative for technical notifications has saved up to 300 million gallons of water and more than AED17 million. Customer service satisfaction rates also reached 91 percent since the initiative’s launch in July 2019, the authority added. The ‘Smart Response Service’ has several features ...
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21 December
Google, Facebook advertising models under fire in house privacy proposal
Bloomberg Alphabet Inc’s Google and Facebook Inc would face limits on the online tracking and data sharing that power their advertising businesses under a bipartisan House proposal to establish the nation’s first federal privacy law. The draft legislation from the House Energy & Commerce Committee, which oversees online privacy issues, could diminish companies’ ability to monitor users across the web ...
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21 December
Tesla a step closer to European foothold
Bloomberg Elon Musk has moved a step closer to building his first car factory on the home turf of Volkswagen AG, Daimler AG and BMW AG as his company hammered out a contract to buy land in Germany. Officials in the state of Brandenburg said they agreed the text of a contract with Tesla Inc to sell a 300-hectare (741-acre) ...
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21 December
Uber asked to suspend service in Colombia
Bloomberg A judge ordered Uber Technologies Inc’s operation in Colombia to suspend its ride-hailing business after a technology platform presented a lawsuit claiming the company was providing the service through unfair competition. A judge at the Superintendency of Industry and Commerce, which regulates the market, ruled that Uber’s app violated competition norms, the regulator said. Cotech SA, a taxi-service platform, ...
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21 December
US won’t reimpose steel tariffs on Brazil
Bloomberg President Donald Trump told Brazilian President Jair Bolsonaro he won’t reimpose tariffs on steel and aluminum from the Latin American nation, a person familiar with the discussions said. Just had a great call with the President of Brazil, @JairBolsonaro. We discussed many subjects including Trade. The relationship between the United States and Brazil has never been Stronger!, Donald J ...
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21 December
Modi tries to curb media coverage of India protests
Bloomberg India’s federal government has warned television stations not to broadcast images of protests against a new religion-based citizenship law, as it intensifies attempts to quell growing anger over what demonstrators say is an attack on the country’s secular constitution. At least 18 people have been killed over the last week as police cracked down on demonstrators and more than ...
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21 December
Trump blasts critical editorial aimed at evangelical voters
Bloomberg President Donald Trump pilloried an editorial in Christianity Today that called for his removal from office, underscoring the importance of religious voters to his 2020 re-election prospects. In a series of tweets, Trump called the publication — which was founded by the late Reverend Billy Graham — “a far left magazine†and said that “no president has done more ...
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21 December
China rules out panel probe into HK police, SCMP says
Bloomberg Chinese authorities responded negatively to the idea of launching a commission to examine police conduct during six months of social unrest, South China Morning Post reported on Saturday. Hong Kong Chief Executive Carrie Lam sought feedback during her four-day trip to Beijing last week, the Hong Kong-based English-language newspaper said, citing an unidentified person close to the government. Protesters ...
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21 December
US keeps ‘high levels of readiness’ in Korea
Bloomberg The US military is maintaining its customary “high levels of readiness†on the Korean peninsula as a deterrent to any threats from Kim Jong Un’s regime, General Mark Milley, chairman of the Joint Chiefs of Staff, said. The Korean peninsula is “one of those places in the world we always maintain very high levels of readiness,†Milley told reporters ...
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