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ABU DHABI / WAM In line with its mission to promote sustainability, innovation and new technologies, the Abu Dhabi National Exhibitions Company (Adnec), invested in autonomous cleaning robots, AvidBot, demonstrating an innovative approach to the Adnec’s continuous commitment to moving forward in a sustainable and eco-friendly manner. Using less water to clean floors, the robots can discreetly and efficiently ensure ...

Dubai / Emirates Business Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced a significant increase in the online transactions and recorded over 500,000 e-transactions in 2019, representing a 15% increase year over year, in using the e-payment channels provided to over 100,000 clients either through the company’s system or its strategic partners such as ...

ABU DHABI / WAM The first edition of Hay Festival Abu Dhabi to be held from February 25-28, supported by the UAE’s Ministry of Tolerance, will feature a range of award-winning writers, journalists, historians, filmmakers and artists in an international programme spanning nearly 100 events over four days. The festival spotlights the latest ideas in the arts, sciences and current ...

ABU DHABI / WAM The hospitality sector in Abu Dhabi reported impressive growth across all major KPIs during the last quarter of 2019, revealed the Department of Culture and Tourism – Abu Dhabi. The figures were presented during DCT Abu Dhabi’s regular industry development meeting which sees key representatives from Abu Dhabi’s hotels and industry partners highlighting the latest trends ...

Bloomberg Europe’s manufacturers headed into the new year on a downbeat note, with expectations for both export orders and employment weakening at the end of a rough 2019. The latest sentiment figures from the European Commission came just hours after Germany reported an unexpected drop in manufacturing orders. That’s a volatile figure, but it adds to signs that Europe’s largest ...

Bloomberg New data shows president Donald Trump may be poised to deliver on one of his biggest economic promises: Reducing the annual US trade deficit with China and the world. Scratch the surface, though, and that accomplishment comes with plenty of caveats attached and even what some economists see as worrying signs for the US economy. November trade data released ...

Bloomberg For Paul Boudre, US president Donald Trump’s push against Chinese telecommunications companies is less about espionage than the race for technological supremacy. Boudre, the chief executive officer of Soitec, a French maker of semiconductor materials that go into 5G equipment, automobiles, cloud computing and IT infrastructure, says Trump’s actions are aimed primarily at allowing American firms to catch up. ...

Bloomberg India’s transport and banking services were disrupted on Wednesday as millions of employees joined a strike called by the country’s major trade unions to protest against prime minister Narendra Modi’s economic policies. About 250 million people across at least 12 states including Kerala, West Bengal, Bihar, Odisha and Assam participated in the nationwide strike, said Tapan Sen, general secretary ...

Bloomberg Citic Securities Co is tightening control over its CLSA Ltd unit, following an exodus of staff and top executives from the Hong Kong brokerage last year amid a clash over corporate culture and bonus levels. China’s biggest broker is creating a “coordination committee” at CLSA, which will include its president Yang Minghui and Chairman Zhang Youjun, according to people ...

Bloomberg India’s Supreme Court revived the nation’s revenue department’s bid to investigate billionaire Gautam Adani’s companies, which the agency claims got undue tax benefits by overvaluing coal imports. A three-judge bench headed by Chief Justice SA Bobde on Wednesday put on hold a lower court’s ruling, effectively allowing the revenue office to seek information on the case from overseas. The ...