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SHARJAH / WAM In observing its premier status as Sao Paulo International Book Fair’s first-ever guest of honour, at its 25th edition, which runs from August 3-12, Sharjah will be putting its best foot forward in showcasing the gems of Emirati culture, with a special focus on their achievements in the past four decades. Sharjah’s pavilion at the book biennial ...

ABU DHABI / WAM More than 28,000 people visited The Founder’s Memorial in Abu Dhabi, since its public opening on April 22, becoming one of the major landmarks of the emirate. The Memorial is a permanent national tribute to the Founding Father, late Sheikh Zayed bin Sultan Al Nahyan, and represents a window for the visitors to learn about life ...

Dubai / WAM The Federal Competitiveness and Statistics Authority (FCSA), signed a Memorandum of Understanding (MoU), with the Dubai Electricity and Water Authority, (Dewa) to build a strategic relationship to support the United Nations 2018 World Data Forum, to be hosted by the United Arab Emirates in October. More than 1,500 leaders, decision makers, experts and specialists in the field ...

NEW YORK / WAM Diplomatic Ambassadors, part of the Ministry of Education’s “Our Ambassadors Programme” 2018 concluded an exploratory journey to the United States aimed at developing the scientific and personal skills in diplomacy and international relations of Emirati students. Supported by HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, the programme aims to ...

Bloomberg Facebook Inc.’s short-lived attempt to open an “innovation hub” in China underscores just how difficult it will be for the social network to build a meaningful presence in the country. Shortly after a government website showed a unit of the social network could register a company in Zhejiang, meant as a hub to interact with Chinese developers, the notice ...

Bloomberg Chinese e-commerce operator Pinduoduo Inc. rose as much as 44 percent on its first day of trading in New York after selling raised $1.6 billion in the fourth-largest US initial public offering this year. The shares, which priced at the top of the marketed range in the IPO, were up 36 percent to $25.88 in New York. The shares ...

Bloomberg One of the main deals announced between Russian President Vladimir Putin and his US counterpart Donald Trump at their summit in Helsinki — coordinated steps to help stabilise the situation in Syria — is already running into trouble. Facing a storm of criticism in Washington of their meeting, the two leaders touted the agreement to reduce Iran’s role in ...

Bloomberg The US economy accelerated to a 4.1 percent pace of growth in the second quarter, the fastest since 2014, letting President Donald Trump claim a win for his policies even though expansion is projected to cool. The annualized rate of gains in gross domestic product was just shy of the 4.2 percent median forecast in a Bloomberg survey. It ...

Bloomberg Canada’s new Minister of International Trade Jim Carr has invited a dozen trade ministers to meet in October to discuss how to fix the World Trade Organization (WTO). But two countries have been left off the list: the US and China. The goal is to “identify concrete and tangible ways the operation and function of the WTO can be ...

Bloomberg Are Britons living beyond their means? That’s the question being asked by the Office for National Statistics after households saw their outgoings exceed their incomes last year for the first time in three decades. Each household spent or invested about 900 pounds ($1,187) more than they received on average — 25 billion pounds in total, according to an ONS ...