February, 2019

• 24 February

  Yahsat to inspire future Emirati innovators

  

  Abu Dhabi / Emirates Business Yahsat, the UAE-based global satellite operator, is announced as the official sponsor of the 2019 Think Science Fair, held across the seven emirates from February 17 to March 21. The event aims to encourage Emirati youth to pursue an education and career in the fields of science, technology and innovation (STI) in response to the ...

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• 24 February

  Etihad Aviation Group encourages youth to engage in science and tech

  

  ABU DHABI / WAM Etihad Aviation Group (EAG) announced that it is taking part in Think Science Fair 2019, which is being held at Khalifa University in Abu Dhabi, as part of its efforts to encourage the youth across the UAE to engage with science and technology and pursue a career in the world of aviation and aircraft engineering. The Abu ...

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• 24 February

  Etisalat unveils Robotic Centre of Excellence

  ABU DHABI / Emirates Business Etisalat on Sunday announced the launch of its Robotic Centre of Excellence that delivers a wide variety of automated solutions to boost efficiency and improve productivity leading to greater customer satisfaction. The initiative is part of Etisalat’s key activities to mark UAE Innovation Month. The centre, which soft launched with six robots last year, currently ...

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• 24 February

  UAE-Oman non-oil trade hits $8.7b in first 9 months of ’18

  

  MUSCAT / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, described the relations between the UAE and Oman as a distinguished example of “strong and well-established ties.” The minister made the remarks while addressing the UAE-Oman Economic Forum, which was held in Muscat to develop investment and business opportunities between the two nations. “The forum represents a practical translation ...

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• 24 February

  UAE a model for enabling people of determination, says UAQ Crown Prince

  

  UMM AL QAIWAIN / WAM His Highness Sheikh Rashid bin Saud bin Rashid Al Mu’alla, Crown Prince of Umm Al Qaiwain and Chairman of the Umm Al Qaiwain Executive Council, took part in the ‘Walking Together’ initiative, which aims to support people of determination, as part of the preparations for the Special Olympic Games-Abu Dhabi 2019. Sheikh Rashid was joined ...

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• 24 February

  US, China still haggling over ‘how to enforce currency pact’

  

  Bloomberg The US and China haven’t yet agreed on the critical issue of enforcement in a proposed currency deal that would ensure Beijing lives up to its promise to not depreciate the yuan, four people familiar with the matter said. Treasury Secretary Steven Mnuchin touted currency pact as the strongest ever, though he offered no details, following two days of ...

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• 24 February

  US corn, poultry ‘on table’ during China talks, Perdue says

  

  Bloomberg China is expected to make its next round of American soybean purchases “relatively quickly,” while corn, ethanol, beef and poultry also have been part of trade discussions between the two countries, according to US Agriculture Secretary Sonny Perdue. China committed to buying an additional 10 million metric tons of US soybeans, a sign of progress on trade talks between ...

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• 24 February

  Weak economy hits Korea’s oldest ‘chaebol’

  

  Bloomberg South Korea’s oldest chaebol is finding that being a big conglomerate in a weak economy can be difficult. Shares of Doosan Heavy Industries & Construction Co. slid as much as 9.9 percent in Seoul, its lowest since August 2004, after it announced that its affiliate Doosan Engineering & Construction Co. plans to issue 420 billion won of new shares ...

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• 24 February

  Huawei chair rejects notion it helps China open ‘back doors’

  

  Bloomberg Huawei Technologies Co. would deny any Chinese government request to open up “back doors” in foreign telecommunications networks because they aren’t legally obliged to do so, the company’s chairman says. Liang Hua said the company had received an independent legal opinion about its obligations under Chinese law and said there is nothing forcing companies to create what he called ...

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• 24 February

  ‘China coal delays not unprecedented’

  Bloomberg Blowouts in Australian coal processing times at Chinese ports are not unprecedented and the government is working with officials in Canberra and Beijing to clarify reasons for the current round of delays, Trade Minister Simon Birmingham said. Processing times for Australian coal shipments have expanded to close to 40 days from about 25 days at some ports, he told ...

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