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GANDHINAGAR, India / WAM Narendra Modi, Prime Minister of the Republic of India, today met with Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, and Dr. Ahmed Al Banna, UAE Ambassador to India. They explored prospects for further cooperation between the UAE and India, building on the strong existing ties between the two countries, and discussed ...

Karachi / WAM The Sheikha Fatima Field Humanitarian Hospital has been opened in Karachi by Hamad Obeid Ibrahim Salim Al Zaabi, the UAE Ambassador to Pakistan, to provide therapeutic, diagnostic and preventive services to underprivileged segments of society, primarily women, children and elderly people, in Pakistan. Noura Al Suwaidi, Director of the General Women’s Union, said the facility, which provides ...

Bloomberg US President Donald Trump agreed to hold a second summit with North Korean leader Kim Jong-un at the end of February. What the two leaders hope to achieve remains a mystery. The summit announcement came after a 90-minute White House meeting between Trump and Kim Yong Chol, one of the North Korean leader’s top aides. They discussed “denucleariaation and ...

ABU DHABI / WAM The Federal Tax Authority (FTA), has outlined four conditions that would allow foreign businesses to recover Value Added Tax (VAT), incurred in the UAE in a new guide on “VAT Refunds for Business Visitors”, published on its official website. To be eligible for the VAT refund, the first condition is that foreign businesses must not have ...

ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) has, in collaboration with the Abu Dhabi Department of Education and Knowledge (ADEK), completed the AED129 million C2 and C3 Mleih School project stretching over an area of 50,000 square metres, in the context of the Abu Dhabi Future Schools Programme, Phase VI, Package 1. Ali Al Haj Al Mehairbi, ...

Bloomberg China has offered to go on a six-year buying spree to ramp up imports from the US, in a move that would reconfigure the relationship between the world’s two largest economies, according to officials familiar with the negotiations. By increasing goods imports from the US by a combined value of more than $1 trillion over that period, China would ...

Bloomberg Alibaba Group Holding Ltd is cutting its spending on travel and postponing some new hiring as China’s largest e-commerce company braces for a slowing economy, people familiar with the matter said. Some new hires were told they can’t start until the new fiscal year begins in April, the people said, asking not to be named because the matter is ...

Bloomberg The European Union unveiled a blueprint for a free-trade deal with the US that would cut tariffs on a wide range of industrial goods including cars in a bid to heal commercial ties. European Trade Commissioner Cecilia Malmstrom asked EU governments in Brussels for the go-ahead to start negotiations on lowering trans-Atlantic commercial barriers, prodding US President Donald Trump ...

Bloomberg A US privacy investigation of Facebook Inc, begun after a major data breach was exposed in March, is likely to result in a record fine against the company, according to a person familiar with the matter. The Federal Trade Commission, the nation’s chief privacy watchdog, is weighing a penalty against the social-media giant for violating a 2011 settlement with ...

Bloomberg Elon Musk is cutting Tesla Inc.’s workforce by 7 percent — or more than 3,000 jobs — warning that the “road ahead is very difficult” in making electric cars more affordable for the mass market. Tesla shares fell as much as 7.7 percent shortly after the start of regular trading. Musk wrote in a blog post that the Palo ...