Johnson & Johnson will have to pay $55 million (AED 202 million) to a woman who said that the company’s talc powder products caused her to develop ovarian cancer. J&J plans to appeal the verdict by a US jury. It was the second straight trial loss for the company, which currently faces about 1,200 lawsuits. Many of the cases are about the lack of warning to consumers about its talc-based products.
UAE, Azerbaijan enter Comprehensive Economic Partnership Agreement
The UAE and Azerbaijan have officially entered into a Comprehensive Economic Partnership Agreement (CEPA) to bolster trade and investment relations between the two nations.
Dubai Properties awards AED 1.1 billion in contracts to advance Villanova community
Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED 1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand.
Parkin to operate parking spaces near Binghatti developments
Parkin has entered into a multi-year agreement with real estate developer Binghatti Holding, where it will operate approximately 1,200 spaces across selected Binghatti developments.
UAE, Uzbekistan explore partnerships in new economy sectors
The UAE's Minister of Economy and Tourism, Abdulla bin Touq Al Marri, has met with a high-level delegation from Uzbekistan to explore ways to strengthen economic and investment ties.
Dubai and Shanghai trade bodies hold talks to boost business ties
Dubai Chambers has held talks with a major Chinese trade body in Shanghai aimed at strengthening economic ties and increasing trade and investment between the two markets.
