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Abu Dhabi / Emirates Business A tourism delegation led by the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) visited three major cities in China this month, to help raise awareness about the emirate as a holiday destination for Chinese travellers. The delegation, which included Etihad Airways, hotels, tour operators and attractions, visited capital city Beijing on ...

Abu Dhabi / Emirates Business Communities across the UAE are being urged to come together to say ‘Shukran Zayed’ by sending their messages of gratitude to commemorate a century since the birth of the founding father of the UAE, the late Sheikh Zayed bin Sultan Al Nahyan. Abu Dhabi-based developer Tamouh Investments has launched the social media initiative using the ...

Bloomberg Hon Hai Precision Industry Co. felt the squeeze from 2017’s delayed launch of Apple Inc.’s iPhone X, the latest results from the world’s largest electronics contract manufacturer show. Were it not for a one-time gain of $2.2-billion from the sale of Sharp shares, analysts say, it would have been the company’s worst holiday quarter since at least 2010. Hon ...

Bloomberg China’s government is working on a plan to combine its two biggest shipbuilders to create an industrial giant that would dwarf its South Korean rivals, according to people with knowledge of the matter. The state council, China’s cabinet, has given its preliminary approval to merge China State Shipbuilding Corp. with China Shipbuilding Industry Corp., the people said, asking not ...

Bloomberg The European Union distanced itself from the idea of reviving talks on a broad free-trade agreement with the US as part of EU efforts to gain a permanent exemption from President Donald Trump’s controversial import tariffs on steel and aluminum. A day after US Commerce Secretary Wilbur Ross said the Trump administration is willing to restart negotiations on the ...

Bloomberg Telegram Group Inc., an encrypted messaging app seeking to create its own cryptocurrency, has increased the proceeds from the world’s largest initial offering to $1.7 billion, according to a regulatory filing. Telegram raised $850 million from 94 investors in March in addition to $850 million it gained in February, and “may pursue one or more subsequent offerings,” the British ...

Bloomberg Facebook Inc. pays female staff in Britain just 0.8 percent less on average than male employees, but womens’ bonuses are almost 40 percent lower. The mean average disparity in pay at Facebook is an improvement compared to Google’s UK arm, where women are paid on average 17 percent less than men. Google’s average bonus for female staff is 43 ...

Bloomberg David Shulkin, removed days ago as Secretary of Veterans Affairs, said political appointees engineered his ouster as they push for “more aggressive” changes to how the sprawling department is run. “I did not resign,” Shulkin said on Sunday on CNN’s “State of the Union.” In a separate interview on NBC’s “Meet the Press,” he said that “There would be ...

VANCOUVER / WAM The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED) and Dubai Science Park (DSP), joined hands to promote current and emerging investment opportunities in Dubai at the GLOBE Forum and Innovation Expo 2018, which was held in Vancouver, Canada. The GLOBE Forum 2018, North America’s largest and longest-running international Leadership ...

SHARJAH / WAM The Friends Of Cancer Patients (FOCP), and Etisalat have launched the fundraising initiative, ‘A Dirham for Hope’, to support efforts to provide financial and moral assistance to cancer patients and their families in the UAE. An agreement formalising the initiative was signed by Abdul Aziz Taryam, CEO Advisor and General Manager of Etisalat Northern Emirates, and Sawsan ...