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Abu Dhabi / WAM More than 40 representatives from international defence manufacturing companies expressed interest in joining the Sustain and Enhance Emiratisation in Defence and Security (Seeds), programme, latest initiative of the UAE defence and security industry enabler Tawazun Economic Council. This came during a gathering hosted by Tawazun in London earlier this week, to acquaint its international defence partners with ...

Bloomberg India is drawing up a list of ‘must haves’ to enable it to forge ahead with a pan-Asian free trade agreement, as pressure mounts on the South Asian nation to conclude discussions to finalise the pact before end of the year, a senior government official said. Trade ministry officials in New Delhi met late into the night to discuss ...

Bloomberg More than 4,000 hotspots were detected in the central and western parts of Indonesia as authorities deployed thousands of personnel to fight the fires that are contributing to a haze blanketing parts of Southeast Asia. Indonesia said it has sealed off dozens of plantations, including concessions owned by foreign companies. In what has become a ritual once the haze ...

Bloomberg Global health regulators sounded a coordinated alarm about the possibility that a stomach drug taken by millions of people could be tainted with the same cancer-causing agent that has sparked a worldwide recall of blood-pressure pills. Drug-safety officials in the US and Europe said that they were looking into whether Sanofi heartburn medication Zantac and generic versions made by ...

Bloomberg The storm system that’s rained on the Bahamas for two days, slowing the recovery from Hurricane Dorian, is set to become Tropical Storm Humberto when it scrapes by Florida and veers sharply out to sea. Parts of Florida remain on a tropical storm watch and will probably get heavy rain in any case. The system has sustained winds of ...

Bloomberg Polish employer groups are voicing alarm over government plans to nearly double the minimum wage and hike social security fees, saying that businesses and the wider economy will face major risks from fast-rising costs. Seeking to further boost its poll-leading standings ahead of next month’s general election, Poland’s ruling party has pledged to raise the minimum wage by 78 ...

Bloomberg Taiwan has signalled to US officials that it will move swiftly to complete the purchase of 66 new F-16 fighters once congressional foreign relations committees complete their review this month, according to a State Department official. The department formally notified Congress on August 20 that it approved the sale, which includes munitions, defensive electronics and a top-of-the line fire-control ...

DUBAI / WAM New export markets and projects being launched ahead of Expo 2020 Dubai are energising economic activity in Dubai, particularly in the trading and construction sectors and businesses are confident of improved outcomes in the months ahead. The quarterly survey of the Dubai Economy shows Composite Business Confidence Index (BCI), in the emirate improving by 2.2 points to ...

ABYAN / WAM As part of the UAE’s urgent response campaign launched during the month of September in the Yemeni governorates of Aden, Lahij and Abyan, the country has dispatched a shipment of food supplements to alleviate the suffering of Yemeni people. The Emirates Red Crescent (ERC), supervised the distribution of the aid which is part of the UAE’s series ...

Abu Dhabi / WAM The Abu Dhabi Future Energy Company (Masdar), a subsidiary of the Mubadala Investment Company, and French low-carbon electricity leader (EDF), have signed an agreement to establish a 50:50 joint venture energy services company (ESCO), in order to expand into non-utility scale renewables and energy-efficiency investments in the UAE, GCC region and other emerging countries. These would ...