May, 2018

• 21 May

  L’Oreal takes battle for China’s online shoppers to Cannes

  

  Bloomberg Chinese actress Li Yuchun glides down the hallway of Cannes’ Hotel Martinez in a tuxedo-inspired Jean Paul Gaultier gown and blue-gray pixie haircut, with a pack of L’Oreal videographers trotting backward to stay out of the frame. After striking a few poses on the marble staircase, she heads for the red carpet. The footage is rushed to L’Oreal’s editing ...

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• 20 May

  Dewa, Intel review AI trends, applications

  DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (Dewa) inaugurated a workshop, organised in cooperation with Intel Corporation, one of the largest multinational technology companies in the world. The workshop focussed on available applications to use artificial intelligence (AI) and the use of its innovative technologies in Dewa’s workplace. Organised at the ...

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• 20 May

  US, China to halt slapping tariffs, avert trade war

  

  Bloomberg China will “significantly increase purchases” of US goods, the White House said as Beijing’s special envoy at talks in Washington declared a trade war has been averted between the world’s two largest economies. A joint statement released by the White House following the talks didn’t place a dollar figure on the increased purchases by China, or address a comment ...

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• 20 May

  Seven Tides unveils $350mn JLT project

  

  DUBAI / Emirates Business UAE-headquartered upscale residential, hospitality and commercial property developer Seven Tides has revealed plans for its first mixed-use development in Jumeirah Lakes Towers (JLT), in Dubai, with the launch of SE7EN CITY JLT. The project, valued at AED1.3 billion ($350 million), consisting of 2,635 units, is already 15% complete and due for completion within 36 months. The ...

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• 20 May

  Dubai SME opens facility under new guidelines

  

  DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED) located in Dubai and mandated to develop the small and medium enterprise (SME) sector, announced the licencing of the first business incubator in Dubai, following the introduction of the ‘Incubators and Business Accelerators’ regulations. The regulations were introduced to ensure necessary guidance and mentoring support to ...

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• 20 May

  Sultan Al Qasimi welcomes Ramadan well-wishers

  

  Sharjah / WAM His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received at Al Badee’ Al ‘Amer Palace, Ramadan well-wishers who called on him on the occasion of the holy month of Ramadan. His Highness Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, was present. Sheikh Sultan received ...

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• 20 May

  UAE role in Socotra purely humanitarian, developmental: Gargash

  

  BRATISLAVA / WAM The UAE role in Socotra is purely of a developmental and humanitarian character, said Dr Anwar Gargash, Minister of State for Foreign Affairs. Speaking to the Emirates News Agency (WAM) on the sidelines of the GLOBSEC2018 Bratislava Forum, the Minister acknowledged that better communication on Socotra was needed. “Because Socotra was far away from the conflict in ...

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• 20 May

  UAE, S Korea discuss cooperation in advanced automotive technology

  

  Dubai / WAM Abdullah Sultan Al Shamsi, Under-Secretary at the Ministry of Economy and Chairman of the Executive Global Innovation Team, and Kim Yungray, Director-General of Commercial Policies at the Ministry of Commerce and Industry of South Korea, discussed potential cooperation in advanced automotive technology during a meeting at the headquarters of the Ministry of Economy in Dubai. They also ...

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• 20 May

  UAE highlights its efforts in combating violent extremism

  

  BRUSSELS / WAM The UAE participated in an international ministerial conference on the victims of racial and religious violence in the Middle East, which was held in Brussels, Belgium. The Emirati delegation was headed by Zaki Anwar Nusseibeh, Minister of State. The conference is a follow-up of the first conference, which was held in Paris in 2015, the general session ...

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• 20 May

  EGA surpasses 30mn tonnes cast metal landmark

  

  Abu Dhabi / WAM Emirates Global Aluminium, (EGA) the largest industrial company in the United Arab Emirates outside oil and gas, has surpassed the 30 million tonnes mark in cast metal produced. The aluminium EGA is producing is a key component in helping to make modern life possible through its use in construction, the automotive industry, electronics and other vital everyday ...

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