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AJMAN / WAM The Ajman Department of Economic Development (Ajman DED) signed a cooperation agreement with noon.com, the region’s homegrown digital marketplace, to support the growth and success of small and medium-sized companies and entrepreneurs in the emirate, including the members of the Small and Medium Enterprises Programme “Tazeez”, the members of the “Riyada” programme for practicing economic activities at ...

Bloomberg The Czech government alleged Russia was involved in a deadly blast at a munitions site in 2014 and said it’s expelling 18 embassy staffers, signaling that the country is joining growing international pressure to rein in President Vladimir Putin. Prime Minister Andrej Babis’s unexpected announcement coincides with concern in the US and Europe about Russia’s military buildup on the ...

Bloomberg The UK economy is building momentum, with real-time indicators suggesting consumers have started to splurge some of the cash they’ve saved now that the government has loosened lockdown rules. Restaurant bookings and job postings surged to the highest since the start of the coronavirus pandemic, while road traffic and the number of people traveling to workplaces grew in recent ...

Bloomberg Swiss billionaire Hansjoerg Wyss will drop out of a group that was bidding for Tribune Publishing Co., according to people familiar with the situation, dealing a setback to a $681 million takeover attempt. Wyss had teamed up with Choice Hotels International Inc. Chairman Stewart Bainum Jr. on the $18.50-a-share offer, which topped a rival bid from hedge fund Alden ...

Bloomberg US consumer sentiment improved in April following another round of fiscal stimulus and as job growth accelerated. At the same time, inflation expectations surged to the highest in nine years. The University of Michigan’s preliminary sentiment index rises to 86.5 from 84.9 in March, data showed. While the figure was softer than the 89 forecast in Bloomberg’s survey of ...

Bloomberg Canada issued new rules to bring down wireless costs, forcing large carriers including BCE Inc. and Rogers Communications Inc. resell access to their networks to smaller players. The decision by the telecommunications regulator makes it easier for regional telecommunications providers such as Quebecor Inc. and Cogeco Communications Inc. to compete on wireless plans with the sector’s three dominant companies ...

Bloomberg Sweden’s biggest online platform for property classifieds, Hemnet Group AB, is targeting a valuation of as much as $1.4 billion when it launches an initial public offering in Stockholm later this month. The IPO price range is expected to be 95 to 115 kronor per ordinary share, equating to a market value for all the listed ordinary shares of ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, launched the ‘National Behavioural Reward Programme’ on Saturday morning at Qasr Al Watan in Abu Dhabi. The programme is one of the initiatives of the Department of Behavioural Rewards of the Ministry of Possibilities to support and ...

Dubai / WAM Dubai Customs announced the completion of five million transactions in the first quarter of this year, according to latest figures. This is equivalent to double the number of transactions in the same period in pre-pandemic 2019, and 20 percent more than Q1 2020, in which 4 million transactions were completed, according to a Dubai Customs statement on ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec) has signed a Memorandum of Understanding (MoU) with Ajou University, a leading research institution based in Gyeonggi-do, South Korea. The MoU will provide a framework for collaboration for research & development (R&D) and innovation in the energy fields. The MoU was signed by Mohamed Ibrahim AL Hammadi, the Chief Executive ...