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Abu Dhabi hosts meeting of UAE-Chad Joint Committee

Abu Dhabi / WAM Abu Dhabi on Tuesday hosted the ministerial meeting of the Joint Committee between the UAE and Chad, under the co-chairmanship of Dr. Sultan bin Ahmad Sultan Al Jaber, Minister of State, and Ashtah Saleh Daman, Minister of State for Foreign Affairs, African Integration, International Cooperation and Diaspora Affairs. Dr. Al Jaber stated that the political ties ...

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DMCC officially opens representative office in Germany

DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has announced the official opening of its representative office operated by the German Arabian Advisory GmbH in Dusseldorf, Germany. Opening a representative office in one of Germany’s economic and trade centres, brings DMCC to the doorstep of European clients, and will ...

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UAE world’s top donor of direct humanitarian relief to Yemen

Abu Dhabi / WAM The UAE spends more on direct emergency humanitarian aid to Yemen in 2018 than any country on earth, according to the Financial Tracking Services. Established in 1992 as a follow-up to UN General Assembly Resolution 46/182, FTS is managed by the UN Office for the Coordination of Humanitarian Affairs (OCHA) to track humanitarian aid flow. The ...

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‘Construction industry one of the key pillars of UAE economy’

Dubai / WAM Dr Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, on Tuesday officially inaugurated the Middle East region’s premier B2B event for the natural stone, marble and ceramics industry. Welcoming recognised industry brand names from around the world, Dr Thani Al-Zeyoudi toured the exhibition and met many company representatives who have gathered in Dubai for the ...

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Trump warns Assad against reckless assault on Syria’s Idlib

Bloomberg US President Donald Trump warned Syrian President Bashar al-Assad and his Russian and Iranian allies against “recklessly” attacking the northwestern province of Idlib, the last major holdout of rebels in the country’s seven-year-old civil war. Donald J. Trump @realDonaldTrump President Bashar al-Assad of Syria must not recklessly attack Idlib Province. The Russians and Iranians would be making a grave ...

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China explores megamerger of mobile-phone carriers

Bloomberg China is exploring a merger between two of the nation’s three wireless carriers to speed up the development of 5G mobile services amid a race with the US over the technology, according to people familiar with the matter. The country’s top leaders are reviewing a proposal to combine China United Network Communications Group Co. and China Telecommunications Corp. but ...

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Strongest typhoon in 25 years makes landfall in Japan

Bloomberg Typhoon Jebi swept through western Japan on Tuesday as the strongest tropical cyclone to come ashore in 25 years, causing widespread power outages and flooding the region’s main airport. One person was reported killed. The storm paralysed the country’s second-largest population center around Osaka, with companies forced to temporarily close their plants, and power cut to more than 800,000 ...

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Trump’s trade war with China may hit parts of your car first

Bloomberg The US-China trade war threatens to make September a very slow month at ED Opto Electrical Lighting Co.’s auto-parts factory in the eastern Chinese city of Zhenjiang. With President Donald Trump slapping tariffs on items like car gaskets and ignition wiring sets in July, American buyers of the company’s LED car lights pushed hard over the summer to get ...

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Scor spurns $9.6bn bid from insurer’s biggest investor

Bloomberg French reinsurer Scor SE spurned an 8.3-billion-euro ($9.6 billion) unsolicited takeover offer from its biggest shareholder, Covea, which said it’s still interested in pursuing a deal. Scor shares climbed the most in almost a decade. Covea, a French mutual insurer that already has an 8.2 percent stake in Scor, said that it offered to buy the remaining stock for ...

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Tropical Storm Gordon to strike US Gulf Coast as hurricane

Bloomberg Tropical Storm Gordon will grow into a hurricane as it grazes offshore natural gas and oil fields, where it has already sparked evacuations, before coming ashore over the lower Mississippi Valley later on Tuesday or early Wednesday. Gordon, with top winds of 65 miles (100 kilometres) per hour, was about 230 miles east-southeast of the mouth of Mississippi River, ...

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