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Abu Dhabi / WAM From its inception in 1971 until December 2018, the Abu Dhabi Fund for Development (ADFD), financed 108 water sector projects in 56 countries with a total value of AED8 billion. The Fund’s interest in water and electricity projects reflects its keenness to support international efforts aimed at achieving the UN’s Sustainable Development Goals, directly contributing to ...

Abu Dhabi / WAM The Sheikha Fatima Global Humanitarian Campaign has announced the launch of the ‘Zayed Al Khair Camp’ which will see thousands of Rohingya refugee women and children receive medical care, under the supervision of a UAE-Bangladesh volunteer medical team. This latest endeavour was launched in conjunction with Mother’s Day, and falls within the framework behind ‘We Are ...

Dubai / Emirates Business A world-class speaker line up has been confirmed for the signature Abundance 360 (A360) Summit in Dubai, taking place at Emirates Towers on March 26-27. Conceptualised by renowned futurist Peter Diamandis, A360 is hosted by Dubai Future Foundation, and held under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince ...

Bloomberg Apple Inc Chief Executive Tim Cook encouraged China to keep opening up its economy, as his company grapples with weaker demand from the nation and uncertainty over its trade war with the US. “We urge China to continue to open up,” Cook said during a speech at the annual China Development Forum in Beijing. “We see that as essential. ...

Bloomberg IS, the militant group that once controlled parts of Iraq and Syria, is completely eradicated from its last pocket of territory on the Euphrates River, the Syrian Democratic Forces announced on Saturday. “Our forces have raised their flag over Baghuz and declare complete military victory over the terrorist IS after six years of war,” according to a statement on ...

Bloomberg Japanese investors are powering this year’s US corporate bond rally. Money managers in Asia are binging on blue chip American company debt after having cut back late last year. A measure of overseas buying in 2019 has more than doubled from a year earlier, according to Bank of America Corp. Japanese purchases of foreign debt, including US corporate bonds, ...

Bloomberg General Motors Co. committed to investing $1.8 billion at plants in six states and to creating 700 new jobs, as the largest US automaker looks to ward off months of criticism by President Donald Trump. The bulk of the new jobs will go to a factory in Michigan where GM plans to add production of another fully electric vehicle. ...

Bloomberg Even after losing a third of its market value over the past year, Mylan NV hasn’t been able to win back investors. “This is a name where sentiment is really, really bad,” Evercore ISI analyst Umer Raffat told clients, after visiting with investors. Raffat was quick to defend the stock in light of the feedback, reiterating his bullish stance. ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, visited the Special Olympics World Games, Abu Dhabi 2019, at the Abu Dhabi ...

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday held talks with Prime Minister Abiy Ahmed of Ethiopia, on bilateral relations between the two countries. During the meeting held in Abu Dhabi, Sheikh Mohamed bin Zayed and Prime Minister Abiy reviewed ...