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Dubai unveils world’s largest rehab centre for people of determination

Dubai / WAM The Sustainable City in Dubai revealed ‘Sanad Village’, the world’s first and largest rehabilitation and education centre for People of Determination (people with disabilities). Details about the Sanad Village will be announced during the Sustainable City’s participation in the AccessAbilities Expo, held from November 5-7 at the Dubai International Convention and Exhibition Centre. The AccessAbilities Expo aims ...

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DP World JV wins concession for expansion of French port

Dubai / WAM The joint venture between DP World and the France-based international container operator Terminal Link – PortSynergy Group (GMP), has been awarded the service concession for the construction and operation of berths 11 and 12 at Port 2000 in Le Havre, France. The terminals of Port 2000 in Le Havre are trade-enabling gateways for cargo entering the French ...

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Global Franchise Market kicks off today in Dubai

DUBAI / WAM The 4th edition of The Global Franchise Market, (TGFM), the official franchising event in Dubai, begins on Tuesday at the Dubai International Convention and Exhibition Centre. This annual premier franchise event, which is held under the patronage of Dubai Economy, aims to highlight Dubai’s preeminent status as a leading franchise destination and help facilitate new franchise opportunities ...

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Merkel cheers VW’s electric push amid climate critique

Bloomberg Angela Merkel’s visit to a revamped Volkswagen AG electric-car plant in Zwickau is a stark reminder of what’s at stake both for the German chancellor and VW boss Herbert Diess. Merkel — who critics say has long been soft on the auto industry — has come under fire for failing to make more progress in curbing greenhouse-gas emissions, while ...

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European companies urge Beijing to keep import fair promises

Bloomberg European companies are upping the pressure on China to go beyond rhetoric at this year’s China International Import Expo, asking for “more tangible outcomes” than at the launch in 2018. “We expect this year’s event to be supplemented by concrete measures to facilitate further market opening and increase foreign investment, not by empty promises that we have heard many ...

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UK construction falls amid weak demand

Bloomberg UK construction extended its longest contraction since 2013 in October as domestic political turmoil and a weak economic backdrop weighed on demand. IHS Markit’s index of building activity rose to 44.2, from 43.3 in September, but remained below the 50 threshold that indicates expansion for a sixth month. Civil engineering led the drop, with residential home building also losing ...

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Ross optimistic US-China trade deal by Nov

Bloomberg US Commerce Secretary Wilbur Ross met with Chinese Premier Li Keqiang at a regional summit in Bangkok, a person familiar with the discussion said. The meeting came hours after Ross told a morning business forum that the US was “very far along” with “Phase One” of a trade deal with China. President Donald Trump told reporters at the White ...

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China approves first new drug to treat Alzheimer’s in 17 years

Bloomberg China approved a drug to treat Alzheimer’s made by a Shanghai-based pharmaceutical company, the first new therapy endorsed for the disease in 17 years and a major breakthrough in the country’s push to become a leader in scientific research. The National Medical Products Administration said in a statement that it granted conditional approval to Oligomannate. In trials, the drug ...

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Abe, Moon break ice after worst Japan-South Korea fight in years

Bloomberg South Korean President Moon Jae-in and Japanese prime minister Shinzo Abe agreed in their first meeting in 14 months to ease tensions, according to the South Korean presidential office. Moon and Abe shared the view that the relationship between South Korea and Japan is important and re-affirmed in principle that issues between the two nations should be resolved via ...

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UAE flag a symbol of unity, source of pride

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, hoisted the UAE flag in the Burj Khalifa area to mark the ‘UAE Flag Day’. A number of students from various schools attended the event. His Highness said: “The UAE flag is a symbol of unity and ...

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