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Abu Dhabi / WAM The UAE is a safe haven not just for individuals but for businesses as well, thanks to its robust regulations and strict implementation of laws for protecting copyrights and fighting all kinds of illicit trade, said Sultan bin Saeed Al Mansouri, Minister of Economy. Addressing the 5th International Trade Development Week here, the minister said that ...

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, has received the prestigious Fatima Bint Mubarak Award for Motherhood & Childhood in the category of ‘Best Initiative in the Support of Mother and Child’s Healthy Lifestyle’ for its Flying Nanny programme, which was announced at the Emirates Palace. The award ceremony marked International Children’s day on ...

Dubai / WAM Companies from around the world can unlock business opportunities, forge international partnerships and drive growth by registering on Expo 2020 Dubai’s new global Online Marketplace (OMP). The free-to-use platform forms part of Expo 2020’s commitment to create a long-lasting economic impact by supporting companies of all sizes, especially small and medium-sized enterprises (SMEs), in line with its ...

Bloomberg German Chancellor Angela Merkel warned the UK it can’t set unilateral terms for leaving the European Union as Prime Minister Theresa May heads to Brussels to try to complete a contentious Brexit deal. Addressing lower-house lawmakers in Berlin, Merkel gave short shrift to Brexit while rattling off domestic achievements, pleading for stronger bonds between EU nations and criticising go-it-alone ...

Bloomberg Tensions between Nissan Motor Co. and Renault SA over the future of their car-making partnership have exploded into the open as the downfall of Chairman Carlos Ghosn roils the automotive industry and his top lieutenant, Hiroto Saikawa, moves to consolidate power in his absence. The two companies, which are connected via a complex structure of cross-shareholdings and joint manufacturing, ...

Bloomberg Sea Ltd., operator of Southeast Asia’s biggest gaming platform, reported a wider third-quarter loss on rising investments at e-commerce unit Shopee. Net loss increased to $218 million in the three months ended on September 30 from $132.8 million a year earlier, the company said. Total revenue rose to $204.9 million from $94.1 million. Sea has been struggling to keep ...

Bloomberg Three years ago, artificial intelligence company DeepMind embarked on a landmark effort to transform health care in the UK. Now plans by owner Alphabet Inc to wrap the partnership into its Google search engine business are tripping alarm bells about privacy. Data protection advocates cried foul when the company reversed course on a pledge to keep DeepMind Health, which ...

Bloomberg European Union negotiators approved the first bloc-wide rules to prevent foreign investments from threatening national security in a sign of growing political unease over Chinese acquisitions. Representatives of EU governments and the European Parliament agreed on draft legislation to screen foreign direct investments (FDI). The deal in Brussels ends 14 months of deliberations over an initiative that for years ...

Bloomberg After months of setbacks, Mexico is now on the cusp of rolling out an automatic tax payment system that forms a key part of its effort to crack down on evasion. And the government scored a marquee name — Uber Technologies Inc — to be its first participant, according to a person familiar with the negotiations. For Mexico, it’s ...

TOKYO / WAM The UAE has risen in a number of indicators included in Waseda, the “IAC International Digital Government Rankings Report”, published by the Institute of Digital Government at Waseda University in Japan. The UAE has been ranked sixth in the e-Participation index, ahead of Taiwan and Finland. The UAE has moved up one position to occupy the 6th ...