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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, expressed his satisfaction with the UAE government’s significant progress in achieving gender balance, through the several initiatives and programmes undertaken by various government entities to promote equal opportunities for both men and women. His Highness said that this ...

COLOMBO / WAM The Emirates Red Crescent (ERC), inaugurated ‘Sheikh Zayed Village’ in Manar, Sri Lanka, to house families affected by natural disasters. The new city includes 120 residential units, a mosque, a multi-purpose hall and eight commercial stores. A delegation from the ERC, led by Mohammed Yousef Al Faheem, Deputy Secretary-General for Assistive Services Affairs at the ERC, inaugurated ...

Dubai / Emirates Business Healthcare and trade professionals from more than 160 countries will descend on Dubai on Monday for the opening of Arab Health Exhibition & Congress, the largest gathering of healthcare companies, technology, products and services in the Middle East. Following the success the 2018 edition, where over $778 million worth of business was generated by exhibitors, it ...

Bloomberg Philippine economic growth which weakened to a three-year low in 2018 will rebound this year, boosted by spending for the May mid-term elections and helped by moderating prices, the nation’s chief economist said. “With the declining inflation, domestic demand will strengthen,” Economic Planning Secretary Ernesto Pernia said in an interview in his office. Hitting the low-end of the 7 ...

Bloomberg After posting the best quarter in four years, Indian bonds are pitted against a familiar foe: likely record debt sales by the government to finance populist measures before national elections due by May. Prime Minister Narendra Modi’s administration may announce plans to borrow 6.4 trillion rupees ($90 billion) for the next fiscal year in its budget, according to the ...

Bloomberg Just as President Donald Trump looks to make peace with North Korea’s Kim Jong Un, his administration is putting fresh strain on the US’s seven-decade alliance with South Korea. At issue is the Trump administration’s insistence that South Korea accepts as much as a 50 percent increase in what it pays for US military protection, including subsidizing the nuclear-capable ...

Bloomberg A no-deal Brexit could create yet another headache for the European Union as it prepares to hand dozens of UK-based companies a tax bill that is expected to top $1.5 billion. With just over two months left until Britain’s scheduled departure date of March 29, time is running out for the European Commission to order the UK to recoup ...

Bloomberg Uber Technologies Inc. Chief Executive Officer Dara Khosrowshahi said it was “possible” the ride-hailing giant would look for outside investors for its self-driving car unit, but isn’t currently searching for backers. The company’s pouring large, undisclosed sums of money into its Advanced Technologies Group, which includes the company’s self-driving car research as well as plans to build VTOL (vertical ...

Bloomberg Strong US demand and a tight job market have given companies a chance to raise prices coming into this year, and they’re testing the waters gingerly. From consumer goods and airlines to railroads, businesses made attempts to recover higher costs including rising pay for workers, or simply lifted prices to try to boost profit margins amid healthy sales, according ...

Dubai / WAM The Dubai Land Department (DLD), signed three Memorandums of Understanding (MoUs), during its participation as a strategic partner of the Egypt Mega Property Show, held in Cairo with the aim of promoting urban development between the two countries to encourage investment and real estate promotion as well as enhancing confidence by providing a distinctive and balanced investment ...