Abu Dhabi world’s best city for traffic management

Abu Dhabi / WAM Abu Dhabi City has won the TomTom International Award as the ‘World’s Best City in Developing the Infrastructures Related to Traffic Management’ for 2016. The win is as a result of the emirate’s sophisticated road network and solid infrastructure. Abu Dhabi City ranked first based on the TomTom annual global traffic index, which classifies road quality ...

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EAD to highlight unique biodiversity of Abu Dhabi

Abu Dhabi / WAM The Environment Agency – Abu Dhabi (EAD), announced its participation in ADIHEX 2017, at which it will host a number of virtual tours to highlight the unique biodiversity of Abu Dhabi. Razan Khalifa Al Mubarak, EAD Secretary-General, said, “The Abu Dhabi International Hunting and Equestrian Exhibition has proven to be a valuable platform to help ensure ...

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MOHAP warns against illegal bodybuilding products

Abu Dhabi / WAM The Ministry of Health and Prevention (MOHAP), issued a warning to the public regarding the dangers of using some bodybuilding products that are sold online as many of these unregulated health stimulants may contain toxic energisers or synthetic male hormone boosters that can cause serious health risks, including fatal injury to the liver and kidney and ...

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ENOC rolls out RTA’s NoL card payment system for its network

Dubai / Emirates Business ENOC Group, in partnership with the Roads and Transport Authority of Dubai (RTA) announced that customers can now use their NoL cards to pay for all products and services across ENOC’s entire retail network. ENOC’s customers can complete their transactions with a simple tap-and-pay for fuel, automotive services and pay for purchases at ZOOM, Pronto and ...

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‘Materials Handling’ exhibition kicks off

Dubai / Emirates Business Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Dubai Roads and Transport Authority (RTA) opened Materials Handling Middle East 2017 at the Dubai International Convention and Exhibition Centre (DICEC). The only comprehensive industry-spanning trade platform for the wider Middle East, Materials Handling Middle East 2017 got off to a busy ...

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Japan government to sell $12bn of Japan Post shares

Bloomberg Japan will sell about 1.3 trillion yen ($12 billion) of shares in Japan Post Holdings Co., the country’s biggest public offering this century, as the government continues its privatisation of the postal and financial-services giant. The Ministry of Finance will sell 990.1 million shares in the holding company, including an overallotment, it said in a statement. That amounts to ...

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China’s factory prices give global inflation unexpected lift

Bloomberg Inflationary pressure emanating from the factory to the world is proving more resilient than economists have anticipated. China’s producer-price inflation accelerated to 6.3 percent in August from a year earlier, exceeding all but one of 38 estimates in Bloomberg’s survey of economists. That data released followed 5.5 percent readings in the prior three months and was unexpected for analysts, ...

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China set to unveil auto emission, mileage rule

Bloomberg China will soon unveil a mandatory cap-and-trade credit programme for electric cars, starting the countdown for carmakers to be in compliance with stricter rules on emissions and fuel economy, according to the country’s state-backed auto association. The policy may be announced as early as this week, Shi Jianhua, deputy secretary general of the China Association of Automobile Manufacturers, said ...

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Chengdu tops as China’s best-performing big city

Bloomberg Chengdu, the capital of southwest China’s Sichuan province, reclaimed the top spot in a Milken Institute ranking of the country’s best-performing big cities. Nearby Chongqing climbed to second place, while Guiyang, the capital of China’s poor-but-fast- growing Guizhou province, fell to third from first, according to a report released on Monday by the Santa Monica, California-based think tank founded ...

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Hong Kong’s richest man invests in Japanese electric car production

Bloomberg Hong Kong billionaire Li Ka-shing agreed to buy an indirect stake in a Japanese maker of electric cars, expanding his investments in an area that’s set to benefit from China’s push to phase out gasoline and diesel vehicles. Li and two other investors are buying a stake in O Luxe Holdings Ltd., according to two company filings made in ...

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