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Bloomberg Walgreens Boots Alliance Inc Chief Executive Officer Stefano Pessina said it will be easier for his company to move online than it will be for Amazon.com Inc to copy its massive store network, predicting a long future for the pharmacy chain as it strikes new partnerships in health and retail. In a wide-ranging interview at Bloomberg’s headquarters in New ...
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October, 2018
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17 October
Walmart plans competitor to Amazon’s video marketplace
Bloomberg Walmart Inc is looking to create an online store that would sell other companies’ video services, according to people familiar with the talks, opening up a new front in its fight with Amazon.com Inc. The world’s largest retailer has approached several media companies about reselling their streaming services, according to the people, who asked not to be identified because ...
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16 October
UAE key point in giving food supplies to region
ABU DHABI / WAM Khalifa Ahmed Al Ali, Managing Director of the Food Security Centre, emphasised that the UAE has become a key point in providing food supplies to the region, while revealing that the country is 33rd in world food security rankings. In his statement to the Emirates News Agency (WAM), Al Ali said that World Food Day — ...
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16 October
Abu Dhabi boat show kicks off on Wednesday
Abu Dhabi / Emirates Business The inaugural edition of the Abu Dhabi International Boat Show (ADIBS), hosted to be organised by Abu Dhabi National Exhibitions Company (Adnec), will kick off on Wednesday under the patronage of HH Sheikh Nahyan Bin Zayed Al Nahyan, Chairman of the Board of Trustees of Zayed bin Sultan Al Nahyan Charitable and Humanitarian Foundation and ...
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16 October
Abu Dhabi fund earmarks $3bn for education, health
ABU DHABI / Emirates Business In a bid to elevate the standard of living in developing countries and eradicate global poverty, Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, has highlighted its allocation of nearly AED11 billion ($2.99 billion) towards development projects in the education as well as healthcare sectors. In its report marking International ...
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16 October
Etihad, Tadweer plan to turn waste into jet fuel
ABU DHABI / WAM Etihad Airways and Abu Dhabi Waste Management Centre (Tadweer) are set to collaborate on a research pro-ject to explore how municipal waste can be converted into jet fuel. The project aims to use final jet fuel on Etihad Airways’ flights. Etihad and Tadweer signed a Memorandum of Understanding on Etihad’s premises. Mohammad Al Bulooki, Chief Operating ...
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16 October
WTO must confront China over trade abuses, says US
Bloomberg US and Chinese officials clashed in Geneva on Tuesday as the world’s two largest economies disagreed over how to reform the global trading system. Deputy US Trade Representative Dennis Shea said the World Trade Organization (WTO) must confront China’s trade abuses while rethinking its preferential rights as a developing nation. Chinese Ambassador Zhang Xiangchen countered that “no one can ...
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16 October
Alef Education launches its first project in US city
ABU DHABI / WAM Alef Education, a UAE-based education technology company, announced the launch of its innovative Alef education system in the United States. The system will be used at Harlem Children’s Zone (HCZ), schools in New York city, starting from October 15. Alef education system brings together a blend of the latest technology and pedagogical approaches geared towards learners ...
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16 October
Azimut Yachts to showcase luxury models at ADIBS
Dubai / Emirates Business Azimut Yachts, the world’s leading luxury yachts manufacturer with seven offices in the Middle East, including the UAE, will be making its debut at the Abu Dhabi International Boat Show (ADIBS) taking place from October 17-20 this year. Held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of ...
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16 October
Dafza has a strategic role to play in attracting FDI to Dubai
DUBAI / WAM The Dubai Airport Freezone Authority (Dafza) showcased the development of new investments and initiatives delivered at the Gitex Technology Week, which is currently being held at the Dubai World Trade Center (DWTC). The free zone authority showcased the advantages of the new services and the investment benefits they offer to regional and international companies. During the event, ...
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