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First Arabic Playbook for Innovation Learning launched

Dubai / WAM Mohammed bin Rashid Centre for Government Innovation (MBRCGI), has launched the first Arabic Playbook for Innovation Learning to enhance competencies of government employees, and develop their innovative skills to find solutions for future challenges. The playbook was developed in cooperation with Nesta, a UK-based innovation foundation. The playbook is part of the MBRCGI’s efforts to promote innovation, ...

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UAE committed to contribute to development of Pakistan

ISLAMABAD / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State, has said that the UAE wise leadership attaches great importance and particular attention to enhancing historic ties with Pakistan, which are based on strong pillars of respect, mutual confidence and conformity on all regional and international issues. He said this while leading a UAE high profile 15-member ...

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UAE outlines its efforts to build a strong space sector

NEW YORK / WAM The UAE has outlined its efforts in constructing a strong and sustainable space sector that contributes to regional and international efforts to promote space exploration, and its development of advanced technologies to enhance the quality of life and contribute to the overall achievement of the Sustainable Development Goals at the United Nations General Assembly. The UAE’s ...

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Sri Lanka turmoil deepens as parliament suspended

Bloomberg Sri Lankan President Maithripala Sirisena suspended parliament, deepening a power struggle that has led to the return of former strong-man president Mahinda Rajapaksa and could herald closer ties with China. On Friday evening, Sirisena unexpectedly dismissed Prime Minister Ranil Wickremesinghe and appointed Rajapaksa—who ruled between 2005 and 2015—as his replacement. Wickremesinghe is contesting his removal and is likely to ...

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China, Japan vow to cooperate as Trump hits both on trade

Bloomberg China and Japan capped a restoration of ties with agreements on everything from currency swaps to ocean rescue, a thaw that comes as President Donald Trump seeks better trade terms with both nations. Shinzo Abe became the first Japanese prime minister to pay an official visit to China in seven years, as Asia’s two largest economies sought to play ...

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Remittances by overseas Indians set to hit record $76 billion amid rupee slump

Bloomberg Lured by the sharp slump in rupee against the dollar, Indians living overseas may boost remittances to a record, helping bolster the nation’s efforts to support Asia’s worst-performing major currency. The country is expected to receive remittances of about $76 billion in 2018, 10 percent more than in the previous year, according to estimates by EbixCash, the financial exchange ...

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Qualcomm seeks to cut patent claims from Apple license fight

Bloomberg Qualcomm Inc. is trying to steer a big chuck of its billion-dollar dispute with Apple Inc. over the use of fundamental technology for mobile phones away from what it sees as a sideshow over patents. At a hearing, Qualcomm asked a federal judge in San Diego to throw out as moot all claims by Apple related to nine “handpicked” ...

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US economy sees business-spending slump

Bloomberg Consumers drove the US economy to better-than-expected growth in the third quarter, but a steep slowdown in business spending raised concerns about whether the strength in the expansion is sustainable. The 3.5 percent annualised gain in gross domestic product, following 4.2 percent, marked the best back-to-back quarters since 2014, according to Commerce Department report. The rise in consumer spending, ...

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Twitter exceeds sales projections in third quarter

Bloomberg Twitter Inc. topped estimates for earnings and revenue in the third quarter amid higher spending from advertisers, marking a much-needed boost for the social-networking site after months of scrutiny from lawmakers and criticism about fake or offensive accounts. The shares rose in early trading. Monthly active users averaged 326 million, San Francisco-based Twitter said in a statement. That’s a ...

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We can make peace, prosperity reality for future generations

Sharjah / Emirates Business The third edition of ‘Investing in Future’ (IIFMENA) conference has got off to an impactful start on Wednesday with comments from His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah; Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, Chairperson of The Big Heart Foundation (TBHF); Mariam Al Hammadi, Director ...

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