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Abu Dhabi / WAM Abu Dhabi Sustainability Week, (ADSW) which will be held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, from January 12-19 will witness significant growth in the number of participating countries and visitors, by a rate exceeding 250 percent ...

Abu Dhabi / WAM Up to 540,359 business activity licenses were issued by the end of December 2018, circa 1.6 percent up from August of the same year, according to the Ministry of Economy’s statistics. The growth reflects the uplift recorded since the beginning of the year across all economic platforms in a way that will spur the GDP, which ...

Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX), announced on Wednesday that it has rounded off a highly successful 2018 by breaking its annual volumes record, trading 22.26 million contracts, up 28 percent from the previous year. The total value of the contracts was $474.94 billion, beating its previous highest value of $448 billion traded in 2013. Average Daily ...

Abu Dhabi / WAM The second edition of the Abu Dhabi Publishing Forum (ADPF), organised by Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is set to discuss a number of pressing topics in the publishing sphere under the theme, ‘The Future of Digital Publishing: Technologies & Challenges – the Global Experience’. This year’s edition of ADPF, ...

Bloomberg Chinese President Xi Jinping suggested that mainland China and Taiwan enter into “in-depth democratic consultations” and work towards unification, in the clearest sign yet that he wants to settle the 70-year dispute during his tenure. “China must and will be united, which is an inevitable requirement for the historical rejuvenation of the Chinese nation in the new era,” Xi ...

Bloomberg China has sought talks with India to allay concerns on a regional free trade pact it is spearheading, two people familiar with the matter said, as Beijing seeks newer markets amid the ongoing trade war with the US. The 16-country Regional Comprehensive Economic Partnership (RCEP) has been in the works for a while and China is keen to conclude ...

Bloomberg Even after a plunge last month that wiped $46 billion off Chinese health-care stocks, domestic drugmakers may be far from their floor as a Beijing-led policy shift gathers pace. China’s plan to drive down generic drug prices through a centralised bulk procurement programme is set to redraw the industry by forcing its thousands of small generic drugmakers to streamline ...

Bloomberg Coal’s three-year run of blistering gains in Europe is set to end, clobbered by a combination of weakening demand and energy polices aimed at phasing out the dirtiest fossil fuel. After prices more than doubled since 2016 as Asian importers drove demand, coal is expected to fall more than 10 percent to $76.50 a tonne this year in Europe, ...

Bloomberg Canadians enter 2019 far less optimistic about the economy than a year earlier. The Bloomberg Nanos Canadian Confidence Index, based on weekly telephone polling, ended 2018 at 55.1, down from 62.2 at the close of 2017. The change was driven more by Canadians’ views of the overall outlook than of their own finances — 39.6 percent expect the domestic ...

Bloomberg Five Federal Reserve indexes of regional manufacturing all slumped in December 2018, the first time they’ve fallen in unison since May 2016 and the latest evidence that a pillar of the US economy has started to wobble heading into 2019. The Dallas Fed’s factory index unexpectedly contracted, falling to a two-year low of minus 5.1 from 17.6 in November, ...