December, 2018

• 15 December

  UAE names 2019 the ‘Year of Tolerance’

  

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has declared 2019 as the ‘Year of Tolerance’, highlighting the UAE as a global capital for tolerance, via its various legislative and policy-oriented goals to enhance the role of the country in instilling the values of co-existence and peace in local, regional and international communities. His Highness ...

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• 15 December

  UAE organises forum on international migration, development in Morocco

  

  MARRAKECH / WAM The UAE has stressed the importance of partnership and integration of government and the role of the private sector, which is a strategic partner in labour, in the mobility and employment process in the countries of destination and thus contribute to achieving the objectives of the Global Agreement on Secure and orderly migration. This was stated during ...

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• 15 December

  ‘Tolerance is a way of life in the Emirates’

  

  Abu Dhabi / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the National Media Council (NMC), has said that declaration of the 2019 as the ‘Year of Tolerance’ by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, reinforces the keenness of the wise leadership on promoting noble human values which are cornerstones of ...

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• 15 December

  ‘Year of Tolerance’ crowns UAE’s cultural approach

  Abu Dhabi / WAM His Highness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive Council, has said that declaration of the 2019 as the ‘Year of Tolerance’ by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, crowns the cultural approach adopted by the UAE throughout its shining history. His Highness added that it is also ...

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• 15 December

  UAE and tolerance are two sides of the same coin

  Abu Dhabi / WAM It is no coincidence that the true match between words and deeds is seen in the official position of the UAE, which seeks to spread the culture of tolerance and all the components of giving, which form the foundations the country was built on since the era of its Founding Father, the late Sheikh Zayed bin ...

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• 15 December

  Shell, Eni face $1.1bn Nigerian lawsuit

  

  Bloomberg The government of Nigeria is suing Royal Dutch Shell Plc, Eni SpA and other companies for more than $1 billion over a 2011 oil deal it says was tainted by corruption. The suit, filed in London, alleges that money the companies paid to acquire an oil exploration license in the Gulf of Guinea was diverted to bribes and kickbacks, ...

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• 15 December

  ‘iPhone ban will force Qualcomm settlement’

  

  Bloomberg Apple Inc. says a Chinese ban on sales of the iPhone will force it to settle a long and bitter licensing battle with Qualcomm Inc., an outcome that may end up harming the country’s smartphone industry and give its fiercest legal rival a boost. The US company was responding to a Chinese court that ruled this week Apple infringed ...

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• 15 December

  General Motors could spin off its China joint venture, says Morgan Stanley

  

  Bloomberg General Motors faces a “sharp and continued drop in profit” from its GM China joint venture in 2019 and beyond and might consider spinning off the JV, Morgan Stanley analyst Adam Jonas said in a note. The strategic and financial options available to an automaker like GM in China “likely shrinks as profitability of the JV declines,” Morgan Stanley ...

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• 15 December

  China’s home-price growth eases amid dull buyer demand

  

  Bloomberg China’s home-price gains slowed in November in a further sign the nation’s property market is cooling. New-home prices rose an average 0.98 percent from October when they increased 1.02 percent in the 70 cities tracked by the government, according to Bloomberg calculations based on data released by the National Bureau of Statistics. November’s result snapped five straight months of ...

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• 15 December

  Twin victories give Anil Ambani firms wealth boost

  

  Bloomberg It’s a good start to the weekend for billionaire Anil Ambani. The Supreme Court refused to order a probe into India’s purchase of French warplanes, blunting the opposition Congress party’s allegation that Dassault Aviation SA was forced to pick an Ambani firm as a local partner. Little over an hour later, the Indian government told the court it would ...

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