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Sharjah / WAM In a groundbreaking achievement for the UAE, Sharjah has been named a ‘Child- Friendly City’ (CFC), by the United Nations Children’s Fund (UNICEF), in recognition of its outstanding efforts and accomplishments in the protection and promotion of children’s rights. The accolade comes just three years after the emirate was named ‘Baby-Friendly City’ by the UN and World ...

DUBAI / WAM The Dubai Business Women Council (DBWC), received a delegation from the University Leadership Consortium (ULC), to discuss coordinating joint efforts and exchange skills and expertise. This came during a meeting at the Dubai Chamber of Commerce and Industry headquarters, which was attended by Dr Raja Al Gurg, President of the DBWC, and a number of board members ...

Bloomberg The prospect of a no-deal Brexit is real again. European Union chief negotiator Michel Barnier is ramping up his rhetoric and officials in private worry that the risk of a messy divorce, which had receded at the end of last year, is now back. At least twice in the last week Barnier has made public warnings that talks could ...

Bloomberg The Trump administration sought to temper expectations for a swift breakthrough on trade issues with China as a delegation of senior US officials prepares to visit Beijing this week. “It’s a big, big challenge. There’s a very different system over there and it’s a system that in all honesty has probably worked pretty well for the Chinese,” Trade Representative ...

Bloomberg Apple Inc. turned in a strong quarter with revenue, profit and forecasts all coming in ahead of analysts’ estimates. But that isn’t necessarily good for the hundreds of iPhone suppliers around the world, contrary to the market’s knee-jerk reaction. Apple’s better-than-expected results stemmed in part from the sale of ancillary goodies from games to cloud storage. None of those ...

Bloomberg Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown. The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business. The numbers show that Cook’s strategy of ...

Bloomberg Just when it looked like things couldn’t get any worse for the pound, political risks are back on the market’s radar. Sterling is vulnerable to Thursday’s local elections in England, the resurgence of Brexit uncertainties and the resignation of one of Prime Minister Theresa May’s key pro-European allies in government, according to strategists. The currency made a feeble recovery ...

Bloomberg Xerox Corp.’s top executive and six board members agreed to step down in a victory for Carl Icahn’s battle against the company’s planned $6.1 billion takeover by Fujifilm Holdings Corp. The resignations, which include Chief Executive Officer Jeffrey Jacobson and Chairman Robert Keegan, are part of an agreement with activist investors to settle a lawsuit that will put in ...

Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, announced on Tuesday its financial results for the first quarter of 2018. The Company reported strong first quarter with net profit increased by 28.6% to AED 95.2 million. Commenting on the strong results, His Excellency Sheikh Mohamed ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, inaugurated the 200 megawatts (MW) first stage of the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The solar park is one of the major projects that the Dubai Electricity and Water Authority (DEWA), is ...