November, 2019

• 25 November

  ‘UAE leadership’s vision has laid a future vision for future of energy’

  

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, attended the session of “The Future of Oil”, during the 3rd UAE Government ...

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• 25 November

  Etisalat highlights role of 5G

  Dubai / WAM Etisalat highlighted the role of 5G in empowering digital economy during a workshop by Ministry of Economy in Abu Dhabi on Monday. Dr Ahmed Bin Ali, Group Senior Vice President, Corporate Communications, Etisalat, was speaking at a workshop focused on ‘Utilising future studies in development plans’ organised by the Ministry of Economy in coordination with GCC General ...

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• 25 November

  ADX gives green signal to short-term trading

  

  Abu Dhabi / WAM Abu Dhabi Securities Exchange (ADX), has given approval for Pattern Day Trader (short-term trading). The product is available for customers through brokerage firms licensed by ADX and the Securities and Commodities Authority (SCA), based on laws set by said authorities to protect investors. ADX made provision for Pattern Day Trader in order to attract more investors to ...

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• 25 November

  UAE leaders discuss action plans for next ten years

  

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, chaired on Monday a meeting with Their Highnesses the Crown Princes, which took place ...

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• 25 November

  Mideast’s largest construction show The Big 5 begins in Dubai

  

  Dubai / Emirates Business His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, CEO and Chairman of the Emirates Group, Chairman of Dubai World, and Noor Takaful Insurance Company, officially inaugurated the 40th edition of The Big 5 at the Dubai World Trade Centre on Monday. The construction industry mega-event is set to welcome ...

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• 25 November

  Dubai launches new data initiative for retail sector

  

  Dubai / WAM Smart Dubai and the Dubai Department of Economic Development, DED – Dubai Economy, have announced a joint new data initiative for the retail sector, part of the Private Sector Data Engagement Strategy, which was designed to foster stronger collaboration between the public and private sectors on data. The new initiative will see anonymised and aggregated datasets examined ...

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• 25 November

  AFZ, LinkedIn ink MoU

  

  AJMAN / WAM Ajman Free Zone (AFZ), signed an agreement with LinkedIn, which will see it benefit from an enhanced profile on the global business networking platform and enable targeted communications with key business sectors on a global scale. The move is part of Ajman Free Zone’s expansion strategy to attract more investor companies. The potential reach is on a ...

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• 25 November

  Uber loses London license over concerns for rider safety

  

  Bloomberg London’s transit authority refused to grant Uber Technologies Inc a new license in the capital, endangering the ride-hailing company’s future operations in the city. While the company has made some progress in addressing Transport for London’s (TfL) concerns, the regulator is still concerned that unauthorised drivers can manipulate the app to carry passengers, it said in a statement. Uber ...

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• 25 November

  Asahi Kasei to buy Veloxis in $1.3b deal

  Bloomberg Asahi Kasei Corp is buying Denmark’s Veloxis Pharmaceuticals A/S for 143.2 billion yen ($1.3 billion), the companies said, in the latest of a series of deals by Japanese drugmakers. Asahi Kasei is offering to buy the ordinary shares and warrants of Veloxis for 6 kroner per share in a tender starting next month, they said in a statement. That’s ...

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• 25 November

  HP rejects merger request by Xerox saying health in doubt

  

  Bloomberg HP Inc rejected Xerox Holdings Corp’s request to open its financial books after turning down its unsolicited merger offer last week, saying that the smaller suitor hasn’t proven it’s healthy enough to raise the funding or complete such a transaction. “Your proposal does not constitute a basis for due diligence or negotiation,” Chief Executive Officer Enrique Lores and Chairman ...

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