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Bloomberg BMW AG and Hyundai Motor Co urged the US not to impose tariffs on auto imports, joining General Motors Co in pressing their case to the Commerce Department even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.” “It seems that the threat to impose these sanctions is designed to achieve certain goals,” ...

Abu Dhabi / WAM The balance of loans lent by banks operating in the UAE to the industrial and business sectors rose 3.4 percent at the end of May 2018 to AED 774.5 billion, from AED748.9 billion in December 2017, according to figures released by the UAE Central Bank (CBUAE) on Sunday. The two sectors borrowed 48 percent of aggregate ...

ABU DHABI / WAM The Securities and Commodities Authority (SCA) is working with the Ministry of Economy (MoE) and the Organisation for Economic Co-operation and Development (OECD) to launch a new international initiative to create a platform for funding small and medium-sized enterprises (SMEs), said Dr Obaid Al Zaabi, CEO of the SCA. In his statement to the Emirates News ...

DUBAI / Emirates Business HE Mariam bint Mohammed Almheiri, Minister of State for Future Food Security, said that the future food security of the Middle East and North Africa region (Mena) depends primarily on strengthening economic and trade cooperation between regional countries, and elevating these ties to newer heights, especially in agriculture and agricultural production. “With similarities in the climatic ...

Dubai / WAM Dr Hanif Hassan Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, said that the adoption by the United Nations of the UAE’s Universal Periodic Review Report reflects the country’s leading record in human rights. In a statement, Dr Al Qasim praised the UAE leadership’s efforts in human rights development, which it ...

Dubai / WAM Dubai International Financial Centre (DIFC), announced that the second edition of its Global Financial Forum (GFF), will be held on March 11, 2019, in Dubai. The forum will be held under the theme, ‘Unlocking Opportunities in a Changing World’, in partnership with the Financial Times, one of the world’s leading business news organisations. Through this partnership, the ...

Dubai / WAM The Food Safety Department of Dubai Municipality launched a smart system that allows customers to print their export health certificates for food electronically, without the need to visit its offices to print hard copies. Essam Al Hashimi, Head of the Food Trade Control Section at the Food Safety Department of Dubai Municipality, stressed that the new smart ...

Abu Dhabi / WAM Etisalat on Sunday announced the launch of a ‘Talking Bill’ service that enables visually impaired customers to access bill summary details of their account free of charge. Customers can subscribe to the service at no extra cost by dialling 101 or visiting any of Etisalat’s retail stores. Upon successful activation, customers will get from the following ...

Abu Dhabi / WAM The UAE hosted the International Atomic Energy Agency (IAEA), Phase 3 Integrated Nuclear Infrastructure Review (INIR), mission from June 24 to July 1. The aim of the mission was to assist the UAE by providing a review of the nation’s overall nuclear energy infrastructure. The UAE is the first country to implement and achieve Milestone 3 ...

NEW YORK / WAM The UAE has called for stronger and strategic multilateral partnerships to counter terrorist narratives around the world at the United Nations. In a statement delivered before the UN High-Level Conference of Heads of Counter-Terrorism Agencies of Member States, Salem AlZaabi, Head of the UAE National Counter-Terrorism Committee and Head of the UAE delegation to the conference, ...