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Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, will preside over a UAE delegation on an official visit to China that aims to diversify and strengthen environmental cooperation between the two countries. Scheduled to run from December 18-21, the agenda will feature multiple high-level meetings with Chinese officials to explore best practices and ...

Dubai / WAM Brand Dubai, the creative arm of the Government of Dubai Media Office, on Sunday signed a Memorandum of Understanding (MoU), with Dubai Municipality to undertake beautification projects across Dubai to enrich the city’s urban landscape. The collaboration supports the shared strategy of both organisations to enhance the aesthetic ambience of the city and transform key neighbourhoods into ...

Abu Dhabi / WAM The Abu Dhabi Fund for Development (ADFD), has contributed $10 million (AED36.7 million) towards the development of the Samandini Dam in Burkina Faso. Supporting the country’s strategic objectives, the funded project is part of the Samandini Basin Development Programme that aims to promote sustainable growth in rural areas and improve living conditions through boosting the agricultural ...

Bloomberg Boris Johnson’s sweeping election victory is a very English revolution. The prime minister trounced his biggest opponent by luring traditional Labour Party voting heartlands in northern England to his Conservatives for the first time in generations, in some cases ever. Voters clearly rejected Labour leader Jeremy Corbyn’s throwback socialist agenda, but they just as clearly rallied to Johnson’s pledge ...

Bloomberg Malaysia Prime Minister Mahathir Mohamad said he’ll step down only after resolving problems inherited by the previous administration, raising questions about a handover in power that’s expected to take place before mid-2020. The 94-year-old leader didn’t give a definitive time frame on when he’ll step down or whom his top choice would be. He has previously said he’ll hand ...

Bloomberg Thailand’s highest-profile opposition party warned of more demonstrations after drawing thousands of people to an anti-government rally that also protested the prospect of its looming dissolution. The crowd assembled on an elevated walkway in a Bangkok shopping district three days after the Election Commission said it will petition a court to break up Future Forward for breaching financing rules, ...

Bloomberg North Korea said it successfully conducted a “crucial” test at a long-range projectile launch site and had boosted its nuclear-deterrent capabilities. It didn’t provide any details about the exercise. The news follows a North Korean announcement last week that it held a “very important test,” without elaborating. South Korea’s military believes the North tested an engine for its ballistic ...

Bloomberg Boris Johnson’s decisive victory may prove to be a turning point not just for the UK but for the entire scorned European stock market. The Conservative Party’s win filled investors with optimism that a major political risk related to Brexit will soon be removed, sending the European equity benchmark near a record high. Goldman Sachs Group Inc lifted its ...

Bloomberg Even though it wasn’t the trade deal some analysts hoped for, China dodged more tariffs, and that may be enough to spur a market rally. The onshore yuan may rise and the Australian dollar will be boosted by a potential advance in crude oil and industrial metals, according to Vijay Valecha, chief investment officer at Century Financial Consultancy in ...

Bloomberg Renault SA offered Luca de Meo, who heads Volkswagen AG’s Spanish brand, the role of chief executive officer of the French carmaker, La Vanguardia reported, citing unnamed officials at the company. Renault has also told De Meo, who runs SEAT, that within two years he could take the helm of the group’s alliance with Nissan and Mitsubishi. Bloomberg previously ...