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Abu Dhabi / WAM Under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the second edition of the Mohamed Bin Zayed Majlis for Future Generations opened on Monday at the Abu Dhabi National Education Centre (Adnec). The two-day event kicked off with an ...

Dubai / WAM Mohammed bin Rashid Housing Establishment (MRHE), has called on companies in the real state sector to participate in the second housing, building materials, decoration and engineering consultancy exhibition, Decobuild 2018, to take place from November 7-10 in Dubai. The Establishment is encouraging companies that specialise in building and construction materials, contracting companies, engineering consulting firms, interior design ...

Bloomberg Chinese investment in Australia plunged 40 percent in 2017 from the year before, according to research released on Monday. After peaking in 2016 at A$14.9 billion ($10.5 billion), investment from Chinese companies last year slumped to A$8.9 billion, according to the Australian National University database. In 2017, Chinese deals in Australia’s mining sector accounted for just over half of ...

Bloomberg Consumer prices in the Philippines rose at the fastest pace in more than nine years in September, with central bank Deputy Governor Diwa Guinigundo pledging a “strong tightening bias.” Inflation accelerated to 6.7 percent from 6.4 percent in August, the Philippine Statistics Authority said in Manila. That compared with the 6.8 percent median forecast of economists in a Bloomberg ...

Bloomberg President Donald Trump’s attempt to wield US economic strength as a weapon against foreign adversaries is being tested as the Treasury Department struggles to contain the fallout from its sanctions against the world’s second-largest aluminum producer. The financial penalties imposed on Russia’s United Co. Rusal in April were intended to punish its majority owner, billionaire Oleg Deripaska, as well ...

Bloomberg A slump in Italian assets deepened after a tug-of-war between the government and the European Union over its budget intensified. Yields on benchmark 10-year bonds rose above 3.5 percent for the first time in four years while stocks approached a bear market after the European Commission said the populist coalition’s plans for a wider deficit are in breach of ...

Bloomberg General Electric Co., a prolific dealmaker throughout its 126-year history, began the biggest reorganization ever under Chief Executive Officer John Flannery. Then Flannery was gone. His restructuring campaign was interrupted after just 14 months when he was replaced by Larry Culp in a surprise ouster last week. Before Flannery left, he had announced at least 17 divestitures and spinoffs ...

Bloomberg US Secretary of State Michael Pompeo cited “fundamental disagreement” with China’s foreign minister during a testy exchange in Beijing that highlighted rising tensions between the world’s two largest economies. Pompeo’s retort came after Chinese Foreign Minister Wang Yi accused the US on Monday of escalating trade disputes, interfering on Taiwan and meddling in the country’s domestic affairs. “These actions ...

Abu Dhabi / Emirates Business The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has signed a Memorandum of Understanding with the Medical Tourism Association (MTA), to coordinate efforts to position Abu Dhabi as a world-leading medical tourism destination, with the MTA’s annual World Medical Tourism & Global Healthcare Congress event now being hosted in Abu Dhabi ...

DUBAI / Emirates Business Collector Consulting showcased its growth plans and its products targeted at the global audience at Gitex 2018 held in World Trade Center Dubai. The company currently operates from its head office which is located in Dubai Media City and has its workshop in Al Quoz. Established in 2010 by Omar Chappuis the company is one of ...