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  Abu Dhabi / WAM Emirates Development Bank (EDB), will be participating in the first Make it in the Emirates Forum on June 21-22 at Adnoc Business Centre, Abu Dhabi, organised by the Ministry of Industry and Advanced Technology in cooperation with the Abu Dhabi Department of Economic Development (Added). As a key partner in the ministry’s efforts to empower ...

  ABU DHABI / WAM His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region, emphasised that the UAE is continuing to enhance its unique model to diversify energy sources and move towards environmentally friendly energy sources, to fulfill its international obligations regarding climate change phenomena, and achieve the objectives of its ambitious strategic initiative for ...

Sharjah / WAM The activities of the twenty-second scientific session organised by the Islamic Forum under the patronage of HH Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has kicked off at Al Maghfirah Mosque. Dubbed “The Migration Route” the session is running between June 18-30. Lecturer Prof. Dr Abdul Sami’ Mohammed Al Anees, ...

  DUBAI / WAM du, from Emirates Integrated Telecommunications Company (EITC), in cooperation with IDC Middle East and Africa, on Sunday hosted an exclusive C-suite roundtable titled “Powering the Government’s Future Today”. The roundtable was held at Emirates Palace in Abu Dhabi with top executives from across UAE government organisations in attendance. The event underscored drivers of the UAE government’s ...

  Dubai / WAM Dubai Customs Consultative Council held its meeting in an atmosphere of optimism regarding growth indicators for various economic sectors in the UAE. The meeting focused on several topics, including the prospects of trade recovery and the multiple economic benefits that will be provided by the historic UAE-India Comprehensive Economic Partnership Agreement (CEPA), which is expected to ...

Facing intense pressure to bring down inflation any way they can, members of US President Joe Biden’s administration are reviewing whether to drop some of the billions in tariffs on China imposed by their predecessors. They should — not just because of the cost to Americans of leaving them in place, but because of the impact on ordinary Chinese. The ...

The auto industry is set to be transformed by the shift to electric vehicles from internal combustion engines and the introduction (any day now, trust me on this one) of fully self-driving automation that will turn drivers into passengers. Ferrari NV is reluctantly (and slowly) participating in the former, but it’s resolutely against letting artificial intelligence get behind the wheels ...

  Could this economic slowdown be different for industrial companies? There are valid reasons to think so, but it’s becoming harder to make the argument. The unwinding of the pandemic surge in consumer demand for physical goods has picked up in recent weeks, with retailers from Target Corp. to Walmart Inc. and Dick’s Sporting Goods Inc. sounding a cautious note ...

  For a guy who professes to be uncomfortable with extreme moves in currency markets, Haruhiko Kuroda certainly doesn’t seem to mind causing them. By doubling down on easy money, the Bank of Japan governor is set on a path that will only further isolate the country from its peers and almost guarantee further erosion in the value of the ...

  Bloomberg Just a day after airline executives met with US transportation officials on how to stem flight disruptions, a band of storms triggered thousands of cancellations and delays for beleaguered carriers. More than 6,000 flights were late or scrubbed altogether as of 4:25 pm ET, according to tracking website FlightAware. That comes on top of more than 1,700 cancellations ...