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ABU DHABI / WAM The Abu Dhabi National Oil Company (Adnoc), on Sunday observed the International Youth Day across its headquarters and all operating companies. During the celebrations, which were organised by the Group’s various youth committees, Adnoc’s young talent focussed on the contributions they have made to the business to enable enhanced performance, profitability and efficiency, as well as ...

AUCKLAND / WAM The UAE Embassy in New Zealand organised the inaugural ‘Strategic Business Opportunities Forum’ in Auckland, New Zealand, in cooperation with the New Zealand Middle East Business Council (NZMEBC) and INDEX Conferences and Exhibitions, a member of INDEX Holding. Supported by Hamdan bin Mohammed Smart University (HBMSU) and Khalifa Empowerment Programme “Aqdar”, the forum discussed business opportunities in ...

Dubai / Emirates Business HE Mariam bint Mohammed Almheiri concluded her trip to Singapore that included government visits to explore prospects of cooperation between the two countries in terms of food security, as well as ways to facilitate the exchange of knowledge, international best practices and governance, in the lead-up to the launch of the UAE National Strategy for Future ...

Bloomberg With the European Union gearing up for legislative elections in 2019, the battle between EU supporters and opponents is shaping up to be a lot like many of the contests in this summer’s soccer World Cup: back and forth, passionate and down to the wire. Last year’s election of French President Emmanuel Macron and fourth-term victory of German Chancellor ...

Bloomberg Samsung Electronics Co. unveiled the Galaxy Note 9 in New York, banking on the larger-screen device to rejuvenate sales of a struggling flagship line and fend off Apple Inc.’s upcoming iPhones over the holidays. The 6.4-inch screen Note 9 will start at $999.99 and max out at $1,249.99 — becoming, at about $100 above the iPhone X’s upper limit, ...

Bloomberg More than 54,000 people were moved to safer ground in the Philippine capital and nearby provinces, while calls for help swamped social media as monsoon rain triggered floods reminiscent of Typhoon Ketsana, which killed hundreds of people in Metro Manila in 2009. Marikina City implemented forced evacuations affecting at least 21,000 people after its river, the catch basin of ...

Bloomberg Generic drugmakers are being crushed by the very forces that the Trump administration is counting on to drive down prescription costs. While policy makers are betting that opening the market to a deluge of new medicines and reforming the drug supply chain will help contain rising prices, many widely used copycat medications are already seeing their prices fall at ...

Bloomberg Europe’s wheat loss is a win for Canadian farmers. After a scorching summer fried wheat crops across the European Union, the bloc is set to lose its position as the world’s third-largest exporter as Canada usurps the title, according to the US Department of Agriculture. The agency cut its outlook for EU wheat exports by 16 percent to a ...

Bloomberg KKR & Co. is expanding its growth-equity group, adding to its New York office under the leadership of Erica Martin. The firm will add four or five people to the team focusing on technology, media and telecommunications in the next couple of months, according to Martin, who joined earlier this year from buyout firm Warburg Pincus. KKR had about ...

AJMAN / WAM The number of guests in Ajman’s hotels increased by 14 percent in the first half of this year compared to the same period last year, supported by increasing efforts to promote the emirate and by Ajman’s success in diversifying its tourism markets, which is reflected in the occupancy rate which grew by five percent. Ajman’s total revenue ...