Dubai News TV

A delegation of senior officials and business leaders from the UAE, headed by His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has visited the US state of Texas, the single-largest state exporter to the UAE, to identify new bilateral investment and collaboration opportunities for private-sector companies, especially in tech start-ups. HE Al Zeyoudi held a meeting with Austin Mayor, Kirk Watson where he promoted the UAE’s streamlined business registration process, skilled workforce and world-class infrastructure. He invited further inbound investment and trade from the state. In addition, His Excellency attended an Austin Chamber of Commerce Roundtable. There, his delegation was joined by state officials to explore new avenues to boost bilateral trade in IT, automotive parts and machinery verticals. HE Al Zeyoudi also held a number of one-on-one meetings with leading Austin-based start-ups, which are deploying technologies such as AI, bloc...

The Biden administration’s choice to run the World Bank — former Mastercard CEO Ajay Banga — appears to have a lock on the job. The World Bank said Thursday that Banga was the only candidate nominated in a search that began more than a month ago. Banga, currently vice chairman at private equity firm General Atlantic, has more than 30 years of business experience, having served in various roles at Mastercard and the boards of the American Red Cross, Kraft Foods, and Dow Inc. https://twitter.com/WorldBank/status/1653834305775214600 The current president of the 189-nation poverty-fighting organization, David Malpass, announced last month that he would step down in June, nearly a year before his five-year term was due to expire in April 2024. Ajay Banga, nominated by President Joe Biden for the post, is the first-ever Indian American to head the bank. He will replace David Malpass, who had sparked outcry by appearing to question the role...