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DUBAI / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, met with Jose Qngel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), to discuss and further strengthen the strategic partnership between the two sides. Obaid Al Tayer thanked the OECD Secretary-General for the constant support provided, specifically related to the Memorandum of Understanding signed ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday visited the Operations Control Room of the World Government Summit (WGS 2018), in Dubai. His Highness listened to a brief presentation by Major General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, and Major General Talal ...

Bloomberg The US is ready to engage in talks about North Korea’s nuclear program even as it maintains pressure on Kim Jong Un’s regime, Vice President Mike Pence said, signaling a shift in American policy. Pence and South Korea’s President Moon Jae-in agreed to pursue dialogue with North Korea during conversations at the Winter Olympics in Pyeongchang, the Washington Post ...

Bloomberg Singapore may unveil an e-commerce tax in next week’s budget, setting the tone for a region that’s grappling with online retail’s assault on brick-and-mortar vendors. Eight of the 12 economists in a survey said the February 19 budget will contain a new tax on online vendors, with another betting that cross-border digital transactions will now be included in goods-and-services ...

Bloomberg Samsung SDI Co., a battery supplier to carmakers including BMW, plans to recycle cobalt from used mobile phones as companies around the world scramble to secure supplies of the metal amid surging prices. The plan fuels a trend among battery makers to reduce dependence on the Democratic Republic of Congo as a source of cobalt. The African country — ...

Bloomberg Ford Motor Co. is spending $25 million more at its Kentucky factory to pump out more of the profitable big sport utility vehicles that are critical to funding its ambitious — and expensive — electric and self-driving vehicle plans. The investment will allow the second-largest US automaker to boost production of the new Lincoln Navigator and Ford Expedition by ...

Bloomberg Mercedes-Benz may pull out of the annual North American International Auto Show in Detroit next year, according to people familiar with the matter, as carmakers increasingly choose to unveil new products at tech shows or their own special events. Daimler AG, Mercedes’s parent, is moving towards standalone presentations of new models and technology summits like CES in Las Vegas, ...

Bloomberg Figeac-Aero has a problem that says a lot about the French economy: the Airbus supplier can’t find enough qualified people to staff its factories. Even with one in 10 workers out of a job, companies cite difficulty in hiring as one of their biggest problems as a long-awaited economic recovery takes hold. The crunch is particularly acute for Patrice ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday Narendra Modi, Prime Minister of India on the sidelines of the World Government Summit (WGS 2018), Sheikh Mohammed bin Rashid and Prime Minister Modi discussed boosting strategic cooperation between the two nations as well as a ...

Dubai / WAM The final designs of the Hope Probe, the Arab World’s first interplanetary mission were unveiled on Sunday at the World Government Summit in Dubai. Details of the much-discussed Mars 2117 plan, which aims to create the first human settlement on Mars, and UAE’s astronaut programme, which will train Emiratis in space exploration, were also discussed. The Mohammed bin ...