ABU DHABI, 12th December, 2019 (WAM) Abu Dhabi Developmental Holding Company, ADDH, announced today that it has reached an agreement in principle for the establishment of a local airline in Abu Dhabi in partnership with Wizz Air Holdings Plc. The new airline will be Wizz Air’s first airline established outside …
Read More »Germany to address shortage of skilled workers: Chancellor Angela Merkel
BERLIN, 14th December, 2019 (WAM) Germany is facing a risk of businesses relocating due to a shortage of skilled workers, German Chancellor Angela Merkel said on Saturday. “We know that many sectors and businesses are looking for skilled workers,” the German news agency DPA quoted Merkel as saying in her …
Read More »UAE, Sweden sign MoU on innovation for SMEs, startups
STOCKHOLM, 23rd November, 2019 (WAM) An agreement signed by the UAE and Sweden for startups, innovation and entrepreneurship cooperation will take the two countries’ partnerships to a higher level, Sultan bin Saeed Al Mansouri, Minister of Economy. The MoU was signed by the Ministry of Economy and Swedish Ministry of …
Read More »Zimbabwe is open for business, says President Mnangagwa
DUBAI, 19th November, 2019 (WAM) Zimbabwe is open for business and committed to creating conducive conditions and incentives for investors, Zimbabwean President Emmerson Mnangagwa said on Monday at the Global Business Forum Africa 2019 in Dubai. During an interactive session on the first day of the forum, Mnangagwa explained that …
Read More »Uganda’s innovation push is driving its development, says country’s Prime Minister
DUBAI, 19th November, 2019 (WAM) – Uganda is using innovation to solve social challenges, drive its development, and create new employment opportunities, Dr. Ruhakana Ruganda, Prime Minister of Uganda, said during an opening session at the Global Business Forum Africa, GBF Africa 2019, in Dubai earlier today. During the session, …
Read More »First Capesize vessel sails from EGA’s GAC in Guineas
ABU DHABI, 10th November, 2019 (WAM) Emirates Global Aluminium, today announced that the first Capesize vessel has sailed from its bauxite mining subsidiary Guinea Alumina Corporation in the Republic of Guinea. The vessel, the MV Berge Rosa operated by shipping line Berge Bulk, is bound for a customer in India …
Read More »Mohamed bin Zayed receives Huawei Rotating Chairman
ABU DHABI, 8th November 2019 (WAM) – His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, received on Friday at Al Shati Palace Guo Ping, Rotating Chairman Huawei, a leading global provider of information and communications technology. …
Read More »LinkedIn launches new feature helping small businesses
DUBAI, 4th November, 2019 (WAM) LinkedIn, the world’s largest professional network, announced the global launch of Open for Business, a new feature that allows freelancers and small business leaders to add their services to their LinkedIn profiles, making them discoverable from a LinkedIn search. The global feature launch kicked off …
Read More »U.S. Fed Lowers Interest Rates
Washington, October 31, 2019, SPA — The Federal Reserve (Fed) on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world but signaled no further rate reductions ahead unless the economy deteriorates. The decision to cut …
Read More »US stocks end higher
NEW YORK 25 -10-2019 \ SPA US stock indices closed higher today. The Dow Jones industrial average rose 150.36 points, or 0.56 percent, to 26,955.89 points, while the broader Standard & Poor’s 500 Index rose 0.40 percent, or 11.96 points, to 3022.25. . The Nasdaq Composite gained 57.32 points, or …
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