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Sharjah / Emirates Business Sharjah FDI Office (Invest in Sharjah), operating under the Sharjah Investment and Development Authority (Shurooq) has collaborated with the US–UAE Business Council to organise business seminars in Durham, North Carolina, and Pittsburgh, Pennsylvania. The objective of the seminars was to shine light on lucrative commercial opportunities Sharjah has on offer for American investors. These events were ...

Dubai / WAM Months of planning have successfully led to the final piece of Al Wasl dome being lifted into place after an intricate and complex construction operation. The dome’s huge steel crown was positioned at the top of the jewel of the Expo 2020 Dubai site in an inspiring feat of precision engineering, according to a press release issued ...

DHAKA / WAM The Emirates Red Crescent (ERC), continues to provide humanitarian and relief aid to Rohingya refugees in Bangladesh upon the directives of country’s leadership and under the supervision of His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the ERC. The distribution of the aid is part of the UAE’s ...

Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (Raktda) on Wednesday announced record-breaking visitor numbers to Ras Al Khaimah in August, with almost 118,000 visitors choosing the UAE’s northernmost Emirate to visit and enjoy it’s fascinating history, traditional culture, magnificent landscapes and world-class hotels and resorts. The emirate of Ras Al Khaimah has witnessed a 5% ...

Bloomberg Nissan Motor Co is seeking to sell a wholly owned subsidiary that distributes vehicle parts and materials in a deal that may be valued at about $1 billion, as the struggling Japanese automaker seeks to slim down, people familiar with the matter said. The company has invited private equity and trading firms to bid for 100 percent of Nissan ...

Bloomberg The air quality level in Singapore turned unhealthy ahead of the Formula 1 race this weekend, while Kuala Lumpur was ranked among the world’s most polluted cities, as wind from neighboring Indonesia continued to sweep in ash and smoke from illegal burning of forests and farm land. Authorities cancelled schools for nearly one in seven Malaysian children as the ...

Bloomberg If General Motors (GM) Co’s negotiations with the United Auto Workers (UAW) are any indication, Detroit’s automakers may not have a prayer in their effort to rein in rising healthcare costs. As GM was nearing the expiration of its labor contract with the union, the carmaker sought to have hourly workers pay 15 percent of their health-care costs, according ...

Bloomberg The Trump administration is optimistic about concluding a trade deal with Japan, which may be formally announced this month, said White House economic adviser Larry Kudlow. President Donald Trump and Japanese PM Shinzo Abe are scheduled to hold a one-on-one meeting on September 25 during the UN General Assembly in New York, Kudlow said. “There just might be an ...

Bloomberg Adobe Inc gave a revenue forecast for the current period that fell short of Wall Street estimates, signalling slower sales growth for its newer marketing products. Revenue will be about $2.97 billion in the period ending in November, the San Jose, California-based company said in a statement. Analysts projected $3.02 billion, according to data compiled by Bloomberg. Chief Executive ...

Bloomberg Hong Kong’s government doesn’t see any benefit in conceding to more demands from protesters and the increasingly violent demonstrations are unlikely to stop anytime soon, according to a top adviser to leader Carrie Lam. Radical demonstrators — some of whom have lobbed petrol bombs at police and vandalised subway stations in recent weeks — won’t give up their struggle ...