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Dubai / WAM His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group, on Wednesday attended the opening of Sita 2019 for the Middle East, India and Africa region (MEIA), at the JW Marriott Marquis in Dubai. Sheikh Ahmed witnessed Sita’s business objectives and outlook for ...

Abu Dhabi / WAM Khalifa University of Science and Technology, the Abu Dhabi Transmission and Dispatch company (Transco) and the Manitoba Hydro International (MHI) of Canada, on Wednesday signed a collaboration agreement for building an industrial-level software to monitor, predict, and interact with network operators in real time and enable renewable energy integration with the UAE power system. The agreement ...

Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (Enec), held a special ceremony at the Barakah Nuclear Energy Plant to celebrate the achievement of 50 million safe work hours. The accomplishment reflects Enec’s commitment to the highest standards of safety and quality and is the result of its continuous workplace safety improvement programmes. Mohamed Al Hammadi, Chief Executive Officer ...

Bloomberg Carlos Ghosn’s arrest is triggering a reckoning at the Japanese carmaker he once saved from near bankruptcy, with Nissan Motor Co reviewing its global operations and relationships with key dealers as part of an expanding investigation into the auto titan’s alleged misdeeds, people familiar with the matter said. Hundreds of people — including regional and legal compliance teams as ...

Bloomberg General Oyster Inc, Japan’s largest oyster restaurant operator, has been approached by several Chinese companies interested in buying a stake or perhaps acquiring the business, according to people familiar with the matter. Three Chinese firms, including a large internet company, have expressed interest in separate deals with General Oyster, said the people, asking not to be identified because the ...

Bloomberg Thailand will hold a general election on March 24 for the first time since a coup in May 2014. The date was set by the Election Commission in Bangkok on Wednesday, a few hours after a royal decree was issued authorising the poll. Voting will take place under a military-backed charter, ending one of the longest periods of rule ...

Bloomberg President Donald Trump’s trade war has sparked a surge in lobbying in the fight over his tariffs. American companies and business groups mostly opposing Trump’s tariffs closed out an active year of lobbying on trade issues in 2018. They expect a busy 2019 as the trade conflict continues and action is pending in Congress on a renegotiated deal with ...

Bloomberg Google and Facebook Inc set company records for annual lobbying spending in 2018 as Washington’s scrutiny of Big Tech intensified. Alphabet Inc’s Google unit spent more than $21 million to influence Washington, according to federal disclosures, in a year when its chief executive officer, Sundar Pichai, made his first appearance before Congress. The search giant, which spent $4.9 million ...

Bloomberg PG&E Corp expects its looming bankruptcy to take about two years to resolve and has arranged $5.5 billion to fund its operations during the process. Its shares and bonds both gained. Four banks agreed to provide debtor-in-possession fun-ding including a $3.5 billion revolving credit facility, the embattled California utility said in a filing. “It’s a pretty substantial amount of ...

Abu Dhabi / WAM Senior industry figures from China and the UAE celebrated the groundbreaking of the Roadbot Tyre Project Kizad (Roadbot) on Tuesday, marking the development of the first tyre manufacturing plant in the UAE and the growth of downstream industry in Kizad, Abu Dhabi’s industrial hub and part of Abu Dhabi Ports. Developed by Chinese tyre manufacturer Roadbot ...