Masonry Layout

UAE investors to inject $10b into Bangladesh economy

DUBAI / WAM A number of UAE business groups are set to invest $10 billion (AED36.7 billion) into Bangladesh, according to data compiled by the Bangladesh Economic Forum. The Forum will kick-off in Dubai on September 15, with more than 300 government officials, business leaders, investors and entrepreneurs participating. The one-day conference aims to strengthen the flow of trade and ...

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Every hardworking individual is a star and an example to follow

Dubai / WAM After reviewing the results of comprehensive evaluation report of services in 600 service centers of 29 federal government entities, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reaffirmed that “government services are windows for citizens to their governments. Improving and developing services will remain a major ...

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UAE completes NHRI draft law: Al Jarman

GENEVA / ًِ’ The UAE has announced the completion of a draft law on the establishment of a national human rights institution (NHRI), following the Paris Principles. The announcement was made by Ahmed Abdul Rahman Al Jarman, Assistant Minister for Human Rights and International Law at the Ministry of Foreign Affairs and International Cooperation, in a speech delivered at the ...

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‘Tawazun programme’ attracts more global defence players

Abu Dhabi / WAM More than 40 representatives from international defence manufacturing companies expressed interest in joining the Sustain and Enhance Emiratisation in Defence and Security (Seeds), programme, latest initiative of the UAE defence and security industry enabler Tawazun Economic Council. This came during a gathering hosted by Tawazun in London earlier this week, to acquaint its international defence partners with ...

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India drawing up red lines on pan-Asian free trade pact

Bloomberg India is drawing up a list of ‘must haves’ to enable it to forge ahead with a pan-Asian free trade agreement, as pressure mounts on the South Asian nation to conclude discussions to finalise the pact before end of the year, a senior government official said. Trade ministry officials in New Delhi met late into the night to discuss ...

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Indonesia detects 4,000 haze hotspots

Bloomberg More than 4,000 hotspots were detected in the central and western parts of Indonesia as authorities deployed thousands of personnel to fight the fires that are contributing to a haze blanketing parts of Southeast Asia. Indonesia said it has sealed off dozens of plantations, including concessions owned by foreign companies. In what has become a ritual once the haze ...

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Carcinogen in Zantac, generics triggers FDA, EU investigates

Bloomberg Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the US and Europe said that they were looking into whether Sanofi heartburn medication Zantac and generic versions made by ...

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Storm to scrape Florida coast as it strengthens, turns seaward

Bloomberg The storm system that’s rained on the Bahamas for two days, slowing the recovery from Hurricane Dorian, is set to become Tropical Storm Humberto when it scrapes by Florida and veers sharply out to sea. Parts of Florida remain on a tropical storm watch and will probably get heavy rain in any case. The system has sustained winds of ...

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Employers ring alarm as Poland promises to double ‘wage’

Bloomberg Polish employer groups are voicing alarm over government plans to nearly double the minimum wage and hike social security fees, saying that businesses and the wider economy will face major risks from fast-rising costs. Seeking to further boost its poll-leading standings ahead of next month’s general election, Poland’s ruling party has pledged to raise the minimum wage by 78 ...

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Taiwan ‘ready to move swiftly’ to seal F-16 jet deal with US

Bloomberg Taiwan has signalled to US officials that it will move swiftly to complete the purchase of 66 new F-16 fighters once congressional foreign relations committees complete their review this month, according to a State Department official. The department formally notified Congress on August 20 that it approved the sale, which includes munitions, defensive electronics and a top-of-the line fire-control ...

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