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China’s NIO tests investor appetite for electric cars - Dotemirates

China’s NIO tests investor appetite for electric cars

Bloomberg The global excitement about electric cars faces a test in New York on Wednesday.China’s NIO Inc., which seeks to take on the likes of Tesla Inc., starts trading on the New York stock exchange after raising about $1 billion selling American depositary shares at$6.26 apiece. The electric-car maker, backed by Tencent Holdings Ltd., priced the stock near the low end of its offering amid the tumult in Tesla shares, a global trade war and investor qualms over its manufacturing capabilities and profitability.The sale, which values NIO at about $6.4 billion, will test investor appetite for electric-car makers vying to...


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UAE News

10/09/2019

Emirati student's project of 'Mars city' catches Nasa's eye

An Emirati student's project of a miniature floating city designed for Mars caught the eye of Nasa, so he was invited to present it at one of their workshops. Saeed Hussain Kayyani and his peers created the city as a final project for their university. They were tasked with designing an urban environment on the surface of Mars. Kayyani has just received his Master's Degree of Architecture from the Southern California Institute of Architecture in California, US. "Nasa representatives took an interest in our project because of the levitation and magnetism aspects of it. Basically, we designed a literal floating...
10/09/2019

JCB team headed by George Bamford visits Galadari Brothers to discuss future plans

George Bamford arrived in Dubai along with JCB's executive team members including Marco Bersellini, Yvette Henshall-bell, David Lumleywood and Rajbir Sandhu for a visit to the Galadari Brothers Group last week to discuss future growth plans.JCB is one of the largest multinational corporations specialized in manufacturing equipment for construction and agriculture and has been expanding outside English borders since 1975 under the leadership of Lord Anthony Bamford. JCB and Galadari Brothers Group in the UAE share a 35-year strong relationship with GB Equipment Solutions being the sole distributor of JCB machines in the country."JCB and Galadari are family businesses with...
10/09/2019

Friends, loved ones pay tribute to Dubai radio host Lucy Stone

Lucy Stone, a radio presenter for Dubai's Dance FM 97.8, died in the UK last week. However, the circumstances surrounding her death have not yet been released. She was 38. As tributes poured in for the well-loved radio host and DJ, the station issued a statement regarding her death on their official Facebook page. "It is with deepest sorrow that we inform you of the passing of our presenter Lucy Stone. She filled our airwaves with laughter and infectious energy that will be dearly missed by our loyal listeners and colleagues. Forever be in our hearts," Dance FM said. Friends...

10/09/2019

UAE police share shocking road video, warn of Dh1,000 fine

???? #?????? : 1000 ???? ????? ?4 ???? ?????? ?????? ?????? "???????? ???????" ????????.#????_??????? pic.twitter.com/YUbHBPk5WW - ???? (@MSDAR_NEWS) September 10, 2019 Click/tap here to subscribe to Khaleej Times news alerts on WhatsApp. Make sure you save the phone number under Contacts on your phone for uninterrupted service. ERROR: Macro /ads/dfp-ad-article-new is missing!
10/09/2019

UAE, Mauritania review defence cooperation

ABU DHABI, 10th September, 2019 (WAM) -- Matar Salim Ali Al Dhaheri, Under-Secretary of the Ministry of Defence, received at his office today Lieutenant-General Mohamed Cheikh Ould Mohamed Lemine, Mauritanian Army Chief-of-Staff, and his accompanying delegation, where they discussed ways to enhance cooperation in the defence field. The two sides also discussed bilateral relations and ways of strengthening them, exchanged views on the latest regional and international developments, in addition to a number of issues of common concern. The meeting was attended by a number of senior defence officials.

Three ways to get your culture fix this week

The 900-seat theatre in Al Hosn, Abu Dhabi’s original urban block in the heart of the city, is set to open with three events spanning performing arts, music and education so get up, get out and take in some culture! Let’s play Catch a bit of Emirati theatre on 10th September at 8pm with Ahmed bint Sulaiman, a play adapted by Naji Al-Hai, which is largely influenced by The Sand Child (Tefl Al Rimal), a novel by Moroccan Francophone writer Tahar Ben Jelloun. It’s been interpreted and written in the Emirati dialect with a focus on poetic language to give...