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dubai / wam His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, witnessed the crowning of Emirati riders as winners of The Custodian of the Two Holy Mosques Endurance Cup in Al Ula, Saudi Arabia. His Highness Sheikh Mohammed congratulated the Custodian of the Two Holy Mosques King Salman bin ...

NEW YORK / WAM In meetings with senior United Nations (UN) officials and nongovernmental organizations this week, Dr. Anwar Gargash, Minister of State for Foreign Affairs, reiterated UAE commitment to achieving a political solution to the conflict in Yemen, while expressing serious concerns about the continued obstruction of peace efforts in Yemen by the Iranian-backed Houthis. The minister reconfirmed the ...

Abu Dhabi / WAM The Global Conference of Human Fraternity opened on Saturday in Abu Dhabi, with the participation of 700 leaders, thinkers and representatives of different faiths to discuss the critical importance of fraternity and peaceful coexistence. The conference is being held at Emirates Palace in Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al ...

Bloomberg Russia withdrew from a landmark 1987 nuclear disarmament treaty as President Vladimir Putin signaled he’s open to new talks, the Kremlin said, a day after Donald Trump announced the US is pulling out of the agreement citing years of Russian violations. Putin disclosed the plan to suspend the Ronald Reagan-Mikhail Gorbachev agreement during a working meeting on Saturday with ...

Bloomberg Indian Prime Minister Narendra Modi made a populist push in his final budget before elections, cutting taxes for middle-class voters and giving cash handouts to farmers. The government will allocate 750 billion-rupee ($10.6 billion) a year for the cash plan for about 120 million farmers and give taxpayers 185 billion rupees of relief in the year to March 2020, ...

Bloomberg China has snapped up more US soybeans following two days of trade talks in Washington. State-run buyers Cofco Corp. and Sinograin purchased more than one million tons of American soybeans each, the companies said in separate statements on Saturday. The purchases are “to implement the consensus that the leaders of both China and the US have come to,” according ...

Bloomberg The British automotive industry saw investment plunge last year as carmakers delayed decisions on upgrading machinery and factories amid mounting concern about the impact of a hard Brexit. Spending plunged 46 percent to 589 million pounds ($769 million), the lowest since the global financial crisis, the Society of Motor Manufacturers said in a statement. Concern about the impact of ...

Bloomberg Italy fell into recession at the end of 2018, capping a year of political turmoil, higher borrowing costs and fiscal tensions that took their toll on the economy. Output shrank 0.2 percent in the three months through December, following a 0.1 percent decline in the previous quarter, statistics agency Istat said in a preliminary report. The year-end shrinkage was ...

Bloomberg While many Americans in the frozen Midwest hunker down indoors, central Iowa farmer Ethan Crow has been outside lining his barn and fences with extra bales of hay and corn stalks to break the wind hitting his cattle. He checked on his roughly 50-head herd every few hours to make sure they had feed and he chipped ice off ...

ABU DHABI / WAM Emirates Steel, a subsidiary of the General Holding Corporation (Senaat), has signed a strategic agreement with Abu Dhabi Marine Services (Safeen), a subsidiary of Abu Dhabi Ports, valued at AED1 billion ($270mn). The agreement was signed by the Chief Executive Officer of Emirates Steel, Saeed Ghumran Al Remeithi, and Captain Mohamed Juma Al Shamisi, Chief Executive ...