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Dubai / WAM Dubai FDI, the investment development agency of Dubai Economy, is set to embark on its latest investment mission to major cities in China as part of its strategic efforts to support the global infrastructure programme of the Belt and Road initiative. The agency will lead a delegation of government and business leaders to take part in the ...

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, and Swae, an award-winning startup based in Vancouver, have partnered to launch iFikra, an artificial intelligence-powered platform aimed at unlocking the full potential of Etihad’s workforce by enabling every employee to contribute to innovation. Designed to harness the collective creativity of the organisation, the iFikra platform is ...

Bloomberg Some Chinese exporters are going to extreme lengths to avoid the hit from Donald Trump’s tariffs. Vietnam said that it found dozens of fake product-origin certificates and illegal transfers by companies trying to sidestep US tariffs on everything from agriculture to textiles and steel. It was one of the first times an Asian government has publicly alleged such misbehaviour ...

Bloomberg The decades-old alliance of Renault SA and Nissan Motor Co descended into open enmity as the two sides sparred over governance changes at the Japanese automaker, an apparent tit-for-tat following Nissan’s refusal to endorse a deal with Fiat Chrysler Automobiles NV. Nissan Chief Executive Officer Hiroto Saikawa said it was “most regrettable” that Renault planned to stymie board reforms, ...

Bloomberg Kazakhs elected former leader Nursultan Nazarbayev’s favoured successor as president, signalling political continuity in central Asia’s biggest energy producer even as street protests flared and international observers attacked the conduct of the vote. Kassym-Jomart Tokayev won the ballot with 71 percent, defeating six other candidates, according to a central election commission statement broadcast by state TV, which put turnout ...

Bloomberg Alphabet Inc.’s Google agreed to buy Looker Data Sciences Inc. for $2.6 billion, expanding its offerings to help customers manage data in the cloud. The acquisition gives Google a new tool in its campaign to sell more cloud storage and software. So far, the company has struggled to compete with larger rivals Amazon.com Inc. and Microsoft Corp. and late ...

Bloomberg The slowdown in US hiring seen in the jobs report could get even worse, as President Donald Trump’s still-escalating trade war threatens further blows to employers. The May payroll figures — which missed all economist estimates and included steep downward revisions — translated into a four-month average jobs gain of 127,000. That’s the slowest since 2012, and compares with ...

Bloomberg Fiat Chrysler Automobiles NV is partnering with Silicon Valley startup Aurora Innovation Inc. to develop and deploy a fleet of self-driving commercial vehicles in a bid to catch up with other automakers that have invested heavily in the technology. The two companies signed an agreement to integrate Aurora’s self-driving platform into Fiat Chrysler’s commercial vehicle lines in the US. ...

ABU DHABI / WAM Abu Dhabi Airport will offer high-quality services to passengers covering various areas including customs declaration, baggage check-in and smart gates, among others after five government entities signed a cooperation agreement. The Memorandum of Cooperation (MoC), was signed between Abu Dhabi Airports, Etihad Airways, General Administration of Customs, the Federal Authority for Identity and Citizenship and Abu ...

Abu Dhabi / WAM The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, adopted the National Strategy for Wellbeing 2031 during its meeting at the Presidential Palace in Abu Dhabi. The Cabinet meeting was attended by His Highness Lt. General Sheikh Saif bin Zayed Al ...