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Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said that infrastructure projects in Dubai and the UAE are a key part of the country’s comprehensive development plans and play a vital role in enhancing the economic environment. His Highness further said that the happiness and welfare ...

DUBAI / WAM Dubai Electricity and Water Authority (Dewa), will hold two exhibitions at the Dubai International Convention and Exhibition Centre from October 23-25. The announcement came during a press conference, where Saeed Mohammed Al Tayer, Dewa Managing Director and CEO, provided details on the 20th Water, Energy, Technology, and Environment Exhibition (Wetex 2018), and the 3rd Dubai Solar Show. ...

Dubai / WAM The opening of the 38th Gitex Technology Week has boosted local and international conviction that the UAE’s ambition to be the world’s number one smart service hub by 2021, is an ambition with a centralised mindset and a defined executive programme, said, Mohammed Jalal Alrayssi, Executive Director of the Emirates News Agency (WAM). The exhibition, which is ...

Bloomberg The UK and the European Union are on course to miss a key milestone on the road to a Brexit deal after talks hit a roadblock on Sunday. Negotiations are now paused, putting pressure on leaders to step into the breach later this week. A weekend of intense negotiations—including a surprise dash by Brexit Secretary Dominic Raab to meet ...

Bloomberg Ask four Australians why the Great Barrier Reef is bleaching, and you’ll hear four different answers. A travel agent in Brisbane says it’s because of the cyclone that hit last year. Another one just down the street blames “some sort of starfish.” A tour guide in Cairns says bleaching is a natural part of the coral life cycle; another, ...

Bloomberg SoftBank Group Corp. has been battered over the past two weeks as technology stocks plummet globally. SoftBank shares fell 7.3 percent to 9,251 yen at the close in Tokyo on Monday, pushing the decline in market value to $22 billion since its peak this year. The stock had gained 29 percent this year through September 28 as investors began ...

Bloomberg President Donald Trump threatened to impose another round of tariffs on China and warned that Chinese meddling in US politics is a “bigger problem” than Russian involvement in the 2016 election. Asked in an interview with CBS’s “60 Minutes” whether he wants to push China’s economy into a depression, Trump said “no” before comparing the country’s stock-market losses since ...

Bloomberg Beleaguered technology investors are looking to Netflix Inc. to stop the bleeding. The company’s earnings are poised to be even more closely watched than usual after last week’s market rout. Netflix is one of the first major US companies to report third-quarter results — and 2018’s best-performing FAANG stock — making it especially influential in the wake of a ...

Bloomberg Activist investor Carl Icahn has come out against Dell Technologies Inc.’s plan to return to public markets, arguing that the proposed transaction undervalues shares that track its stake in VMware Inc. The billionaire said he would solicit votes against the deal and potentially propose an alternative transaction allowing investors to cash out if they want. Icahn also disclosed in ...

DUBAI / WAM A team from Mohammed bin Rashid Space Centre (MBRSC), have conducted the final technical tests on KhalifaSat, which arrived at Tanegashima Space Centre in Japan. KhalifaSat was prepared for mating with the launch vehicle, Rocket H-IIA, and has been successfully installed into it and is awaiting launch on October 29. The satellite is stored within a specially ...