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DUBAI / WAM The UK Secretary of State for International Trade, the Right Honourable Liam Fox MP, announced on Wednesday that Britain wanted its pavilion to be in the ‘Opportunity’ themed district of Expo 2020 Dubai, saying that Dubai is on track to host an “incredible experience for millions”. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the ...

Dubai / Emirates Business The Urban Thinkers Campus, which was launched by Dubai Land Department (DLD) through its educational arm the Dubai Real Estate Institute (DREI) in cooperation with the United Nations (UN), concluded with discussions on investment and real estate innovation, smart and sustainable living, wellness and happiness, innovative asset management, and affordable housing. The sessions, hosted by Dubai ...

Bloomberg Sharp Corp.’s US legal battle with Hisense Electric Co. marks the start of an aggressive new campaign by the Japanese electronics company to obtain royalties on its patents as the company focuses on ultra-high-resolution televisions and “smart home” devices. The Osaka-based Sharp plans to be more assertive when it comes to demanding patent royalties and may even start filing ...

Bloomberg Billionaire Anil Ambani’s battle to chip away at the $7 billion his telecom company owes its debtors seems to get harder with each passing day. The failure of a plan to merge with rival Aircel Ltd. to gain scale and pare borrowings has sent Reliance Communications Ltd. back to the drawing board to stitch together alternate deals to sell ...

Bloomberg Amazon.com Inc. was hit by a European Union order to pay 250 million euros ($294 million) plus interest in back taxes to Luxembourg as the world’s biggest online retailer became the latest US giant to fall foul of the bloc’s state-aid rules. The European Commission also said it’s suing Ireland for foot-dragging in its efforts to recover “even part” ...

Bloomberg Brexit could cost the UK its position as the leading data market in Europe, a government-funded digital innovation group warns. The British economy could miss out on as much as 67 billion euros ($79 billion) annually by failing to play its cards right in Brexit negotiations with the European Union over data market access, according to a report published ...

Bloomberg PSA Group, the French maker of Peugeot, Citroen and DS autos, is introducing its Free2Move ride-sharing app in Seattle, beginning an incremental push to re-enter the US that could eventually culminate in PSA importing cars to the country. “It’s so crowded here, the last thing you want is a billion-euro investment and not selling enough cars,” PSA’s North America ...

Bloomberg US President Donald Trump was expected to engage in one of the sad rituals of the modern presidency on Wednesday in Las Vegas: consoling survivors of a gunman’s rampage and confronting recurring questions of whether restrictions on firearms can prevent another tragedy. While the president said he was looking forward to “paying our respects and condolences,” he and most ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has ordered the creation of an air bridge to provide critical relief supplies for the Rohingya refugees fleeing from the conflict in Myanmar. The air bridge, which reaffirms Dubai’s commitment to support the emergency efforts of UN and Non-Govermental ...

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, said that supporting youth in the Arab world and giving them hope is the best guarantee of a prosperous future for the people of the region. He further said that youth are the real assets for innovation and development to face challenges, and ...