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SEDD, Emirates NBD ink MoU to facilitate licensing procedures

ABU DHABI / WAM Sharjah Economic Development Department (SEDD), signed an Memorandum of Understanding (MoU), with Emirates NBD in order to develop services provided to customers and promote the economic development in the emirate. This is done through offering digital services that contribute to enhancing the reliance on paperless procedures and giving customers the option of electronically querying the licenses ...

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DCT Abu Dhabi, Emaar sign deal to support local publishing industry

Abu Dhabi / WAM DCT Abu Dhabi has signed an agreement with Dubai-based Emaar Properties to support the ‘Promoting Culture’ initiative. The initiative seeks to enrich the reading community in the UAE and the Arab region as a whole, by financing the local translation and publishing industry and developing its printing and distribution mechanisms. The agreement was signed by Saood ...

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ARN launches Dubai’s new multi-media hub

Dubai / WAM The Arabian Radio Network has unveiled its new headquarters in Dubai Media City. The facility includes world-class infrastructure including over 41 multiplatform radio, production and visual studios. ARN’s new operational hub in Dubai Media City is built for a multiplatform era, with over 50 cameras capturing the on-air content, entertaining and informing consumers via social media platforms ...

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Supercars won’t purr on China fuel if US gets way

Bloomberg Donald Trump is snuffing out any chance for China to tap into the growing market for powering the supercars cruising around Malibu and Manhattan. The US administration’s latest 195-page list of an additional $200 billion in Chinese goods targeted for import tariffs includes seemingly obscure products such as benzene, toluene, xylene, methyl tertiary-butyl ether and butanol. These are typically ...

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Singapore’s 139-year-old telecom has plans for millennials

Bloomberg Singapore Telecommunications Ltd. was around back when the telegraph was still cool. Now the 139-year-old company is experimenting with video games as a way to raise its profile with millennials. The telecom giant announced it plans to start a competitive gaming league this year and will eventually sponsor its own team. Esports may already be big business in markets ...

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Trump, Merkel trade barbs over Russia’s pipeline issue

Bloomberg Donald Trump and Angela Merkel got off to a prickly start at a NATO summit as the US president blasted Germany over its support for a gas pipeline from Russia, prompting a tart response from the chancellor. “It’s very sad when Germany makes a massive oil and gas deal with Russia where we’re supposed to be guarding against Russia ...

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Trump’s tariff barrage pushes China fight to point of no return

Bloomberg US President Donald Trump is pushing his trade conflict with China towards a point where neither side can back down. By August 30, as the US nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10 percent tariffs on $200 billion of Chinese-made products, ranging from clothing to television parts to refrigerators. ...

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Escalating trade tensions turning into mood killer for investors in euro area

Bloomberg Investors’ confidence in the euro area and Germany took another knock as the escalation of trade tensions between the US and many of the world’s major economies cast a cloud over improving data. The ZEW Center for European Economic Research said its measure of investor expectations for Germany fell to minus 24.7 in July from minus 16.1 in June, ...

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Uber loses human resources head

Bloomberg Uber Technologies Inc.’s head of human resources has resigned, becoming the latest high-profile executive to depart a ride-hailing giant only just emerging from a year of internal upheaval. Liane Hornsey’s exit came after an anonymous employee, emailing Uber’s whistle-blower account and Chief Legal Officer Tony West, threatened to go public with grievances if the company didn’t take action. The ...

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‘UAE committed to protect children in armed conflict’

New York / WAM The UAE has reaffirmed its deep commitment to protecting children in armed conflict, both by providing humanitarian aid and ensuring their long-term wellbeing. Lana Nusseibeh, Ambassador and Permanent Representative of UAE to the UN made the remarks while delivering the UAE statement at the United Nations Security Council Open Debate on Children and Armed Conflict, chaired ...

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