UAE launches campaign to aid Syrian refugees

Beirut / WAM The Humanitarian and Development Affairs Attache at the UAE Embassy in Beirut launched the ‘UAE Response Campaign for Displaced Syrians – Winter 2018’. The campaign is in line with the Year of Zayed 2018, as declared by President His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Embassy’s media office said that the campaign would cover all ...

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‘Women for business initiative’ launched

DUBAI / Emirates Business Al Ahli Holding Group (AAHG), the multi-diversified international conglomerate, unveiled the first edition of Women for Business, a multicultural CSR program designed by AAHG, in partnership with Union National Bank and La Rochelle Education Group, France to promote Emirati women entrepreneurs. The program commemorates the Year of Zayed initiative honouring the UAE founding father’s vision, achievements ...

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SMA to showcase collection of works from Arab artists

Sharjah/ WAM The Sharjah Museums Authority signed a partnership agreement with the Barjeel Art Foundation to present a collection of works of fine art created by contemporary Arab artists from the Barjeel Art Foundation’s collection, over the next five years. The agreement was signed by Sheikh Sultan Saud Al Qasimi, founder and owner of the Barjeel Art Foundation, and Manal ...

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Porsche sports cars to live on in EV era

Bloomberg Porsche AG will pursue a three-pronged strategy to diversify its lineup as the German manufacturer gears up for the rollout of its first all-electric sports car next year to tackle a fundamental industry shift towards battery-powered vehicles. “There will be a triad: plug-in hybrids, emotional sports cars with combustion engines and sporty electric vehicles,” Chief Executive Officer Oliver Blume ...

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Tencent’s Meituan app to rival WeChat

Bloomberg Meituan is the kind of Chinese technology company few people outside the country understand. That’s because its services aren’t quite like anything you might find abroad. Meituan has a restaurant review feature sort of like Yelp, but its app also lets you order off the menu from your phone the minute you sit down. You can settle your check ...

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‘Flying cars across US skies within 10 years’

Bloomberg Flying cars will be zipping across US skies within the coming decade—at least that’s what Uber Technologies’ CEO Dara Khosrowshahi predicts. “There will be people flying around Dallas, Texas,” Khosrowshahi said at the DLD tech conference in Munich. “I think it’s going to happen within the next ten years.” Back down on the ground, the Uber CEO cited congested ...

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Clever apps that help in breaking many of your worst habits

Bloomberg After Erin Hiscock’s mother and brother passed away, she resolved to tackle her own weight problem. “I was maybe 310 pounds at my heaviest and severely addicted to sugar,” she says. “Instead of a normal meal, I’d just eat carbs, sugar, nothing nutritious.” Hiscock, a 35-year insurance agent in Virginia, didn’t turn to diet books, Weight Watchers, or even ...

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China seeks ‘trade deals’ as US tramples them

Bloomberg Just as the US throws up new barriers to cross-border commerce, its largest trading partner China is redoubling its efforts to seal free-trade agreements. From deals with blocs including the Association of Southeast Asian Nations to bilaterals with tiny countries like the Maldives, China’s FTAs already cover 21 countries. That compares with the 20 countries covered by US agreements. ...

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SoftBank to back Indian insurer

Bloomberg SoftBank Group Corp. is in talks to back leading online insurance aggregator PolicyBazaar at a valuation of at least $800 million, according to people familiar with the matter. The two sides are examining how the Japanese company can take a stake without pushing foreign investment in PolicyBazaar above 49 percent, the limit under India’s regulatory policies, said one of ...

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Oppo aims for Japanese smartphone market

Bloomberg One of China’s top smartphone makers is targeting Japan for its next conquest. Oppo, which vanquished Apple Inc. and Xiaomi Corp. in just a few years to become No. 2 in its home market, will introduce its flagship R11s model next month, Deng Yuchen, chief of Japan operations, said. Oppo is aiming to reach a market position that matches ...

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