December, 2019

• 11 December

  DFF employs AI technology to attract talents

  

  DUBAI / Emirates Business As part of its efforts to keep abreast with latest trends and technologies, Dubai Future Foundation (DFF) has adopted HireVue – a new technology solution that employs artificial intelligence to enhance the process of hiring talents, making the foundation the first government entity in the UAE to embrace advanced technology within human resources management. Azzah Al ...

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• 11 December

  UAE an active partner of UNHCR: Obaid Al Zaabi

  Geneva / WAM Obaid Salem Al Zaabi, UAE Permanent Representative to the UN in Geneva, stressed that UAE has always been an active partner of the United Nations High Commissioner for Refugees (UNHCR) due to its belief in the latter’s mission and the duties it performs with devotion. In his speech at the UNHCR Pledging Conference 2019, Al Zaabi confirmed UAE’s ...

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• 11 December

  New AI solutions to improve safety in aviation industry

  

  DUBAI / WAM The World Aviation Safety Summit, which took place in Dubai, displayed new artificial intelligence (AI), technologies, that will help improve safety in the aviation sector. In a session on how new technology can reduce incidents, experts from dnata displayed on stage the ‘Oscar bot’, an Alexa-style solution that can help safety specialists report incidents more efficiently and ...

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• 11 December

  Sultan opens Islamic Arts Festival in Sharjah

  

  SHARJAH / WAM HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Wednesday inaugurated the 22nd edition of Sharjah Islamic Arts Festival, under the theme, ‘Prospect’ organised by the Cultural Affairs Department at the Sharjah Department of Culture, at the Sharjah Art Museum. The Ruler of Sharjah toured the 31 exhibitions held in ...

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• 11 December

  VP says investing in people will always reap dividends

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended on Wednesday the graduation of the second batch of the Mohammad bin Rashid Centre for Leadership Development’s Impactful Leaders Programme. Sheikh Mohammed bin Rashid said that investing in people will always reap dividends. “Our objective is to ...

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• 11 December

  ‘UAE has adopted a tolerant approach in development journey’

  

  ABU DHABI / WAM Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance, stated that the diversity and pluralism of the Emirati community represent the true state of its richness that everyone is proud of, noting that the UAE has adopted a tolerant approach in its development drive He explained that tolerance and human fraternity are priorities of the UAE’s ...

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• 11 December

  UAE-Korea Cultural Dialogue for 2020 announced in Seoul

  

  Seoul / WAM The UAE and Korea have signed a Memorandum of Understanding, MoU, launching the official UAE-Korea Dialogue for 2020, in the presence of Noura bint Mohammed Al Kaabi, Minister of Culture and Knowledge Development, and Park Yang-woo, Korean Minister of Culture, Sports and Tourism. Marking the 40th anniversary of diplomatic relations between the two nations, the UAE-Korea Cultural ...

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• 11 December

  US stocks, futures drift lower before Fed meet; bonds climb

  

  Bloomberg Stocks slipped with US equity futures before the Federal Reserve’s final policy decision of the year and amid lingering uncertainty over the progress of trade negotiations between America and China. Treasuries advanced. The Stoxx Europe 600 Index declined, led lower by media and real estate shares. Contracts on the main US equity gauges also drifted lower as traders awaited ...

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• 11 December

  India’s oldest mutal fund to boost IPO flow as holders exit

  

  Bloomberg UTI Asset Management Co, India’s oldest mutual fund, is set to go public next year after some of its shareholders came under regulatory pressure to cut stakes. Life Insurance Corp (LIC), State Bank of India (SBI) and Bank of Baroda must reduce their stakes in UTI Asset by the end of 2020, the country’s market regulator said in a ...

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• 11 December

  Home Depot shares fall on retail sales forecast

  Bloomberg Home Depot Inc shares fell as much as 2.5% Wednesday as the retailer’s sales and operating margin guidance for next year disappointed Wall Street. The forecasts were provided ahead of the its 2019 Investor and Analyst Conference. Analysts weren’t completely surprised by the guide down, following Home Depot’s weaker-than-expected third-quarter report November19, which included cuts to its current year ...

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