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Adnec promotes Abu Dhabi business tourism credentials

ABU DHABI / WAM In a bid to promote Abu Dhabi’s credentials as the business tourism capital of the region, a high-level delegation from Abu Dhabi National Exhibitions Company (Adnec), headed by Khalifa Al Qubaisi, Adnec’s Acting Chief Commercial Officer, participated at the Society of Independent Show Organisers, SISO CEO Summit. Held in the US city of Miami, SISO CEO ...

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Emirati woman pilot Huda Al Mussalami flies to new heights

Abu Dhabi / WAM Huda Salem Al Mussalami flew to a height of 36,000 feet, overcoming all her challenges and difficulties and presenting an inspiring model of persistence to Emirati women, especially in the aviation sector. Al Mussalami, who works for Etihad Airways as a senior pilot assistant, entered the aviation industry in 2004, after passing her academic and scientific ...

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Renault aims at Nissan merger to make Fiat bid

Bloomberg Renault SA is aiming to restart merger talks with Nissan Motor Co within 12 months as the first step towards the creation of a bigger auto conglomerate that will involve a bid by both companies for Fiat Chrysler Automobiles NV, the Financial Times reported. The creation of a new alliance board led by Renault chairman Jean-Dominique Senard has improved ...

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Singapore to invest $535mn on tech transformation

Bloomberg Singapore will allocate $535 million under a current plan to transform its economy into one that relies more on fields such as research and on companies that create new markets and jobs. The additional investment includes S$500 million for digital technologies such as artificial intelligence, super-computing and robotics under the five-year plan ending 2020, a government advisory panel on ...

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Centene to buy WellCare for $15bn

Bloomberg Health insurer Centene Corp. agreed to buy managed-care provider WellCare Health Plans Inc. for more than $15 billion, expanding in the market for government insurance plans just as politicians in Washington appear to be gearing up for another health-policy clash. Centene, based in St. Louis, offered $305.39 per share in cash and stock for Tampa, Florida-based WellCare, the companies ...

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Brexit delays hinder UK’s efforts to build new power cables to France

Bloomberg Some projects to develop new power cables between the UK and France are on hold because of uncertainties related to Brexit, throwing into question the delivery of infrastructure intended to reduce electricity costs in the UK. Work continues on two new interconnectors that were already under construction between the countries. However, talks on 3 other subsea power lines have ...

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Apple dodges one import ban in Qualcomm fight, faces another

Bloomberg Qualcomm Inc. has fired multiple legal shots at Apple Inc. aiming to use patents to get an import ban on the iPhone. In separate rulings, one hit and one missed. The US International Trade Commission invalidated a Qualcomm patent for a battery-saving feature. Earlier in the day, a separate trade judge said Apple infringed a different Qualcomm patent and ...

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Dissident group claims raid on North Korea embassy in Spain

Bloomberg A secretive group seeking to overthrow Kim Jong-un’s regime claimed responsibility for a raid last month on North Korea’s embassy in Madrid, alleging the country’s overseas missions are conduits for illicit funds. The group, called Free Joseon and previously known as Cheollima Civil Defense, said in a statement posted to its website that its actions were in response “to ...

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VP, Uzbek president discuss ties

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met President Shavkat Mirziyoyev of Uzbekistan on Tuesday. During the meeting, the two sides reviewed bilateral ties between the two countries, particularly in the tourism, energy, and investment sectors. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, ...

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Khalifa Fund, Adnoc sign deal to enhance entrepreneurship

ABU DHABI / WAM The Khalifa Fund for Enterprise Development (KFED), signed a Memorandum of Understanding with the Abu Dhabi National Oil Company (Adnoc), where Khalifa Fund will provide a range of training programmes and entrepreneurship workshops for Adnoc’s employees and retirees who are looking to enhance their skills and knowledge in the SME sector. The signing of agreement was held ...

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