DUBAI / WAM As part of the directives of the wise leadership to support charitable and humanitarian causes, the Islamic Affairs and Charitable Activities Department in Dubai (IACAD) on Monday announced that the construction of the Zayed Dialysis Centre is approximately 36 percent complete. The centre, located in the Al-Twar 3 area, is a joint project between the IACAD and ...
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District cooling services rise by 8.25% in Dubai
ABU DHABI / WAM Emirates Central Cooling Systems Corporation, Empower, has announced that the total number of buildings connected with its district cooling services in Dubai has increased to 1,180 in 2019, marking 8.25 percent growth from 2018. The company’s performance shows an impressive growth of 269 percent in a span of seven years, from 320 buildings in 2012 to ...
Read More »Kim marks year of failed Trump talks with missiles
Bloomberg North Korea launched two unidentified projectiles off its eastern coast, South Korea’s defense ministry said, a move that comes just after the year anniversary of the failed Hanoi summit between leader Kim Jong-un and US President Donald Trump. The projectiles were launched on Monday from an area near the North Korean coastal city of Wonsan, the South Korean defense ...
Read More »Iraq’s Allawi fails to form government
Bloomberg Iraq’s Mohammed Tawfik Allawi declined to form a cabinet and stepped down as designated prime minister, ending weeks of squabbling and returning the country to a political vacuum. In a televised address on Monday in Baghdad, Allawi said he was quitting because of what he called “pressures from political parties seeking their own interests.†Allawi, a former communications minister, ...
Read More »Cuccinelli appointed unlawfully: US judge
Bloomberg President Donald Trump’s appointment of Virginia’s former attorney general as head of the immigration service violated federal law, a federal judge concluded. The ruling voids controversial policy changes that made it more difficult to get asylum in the US. Ken Cuccinelli’s appointment in 2019 as acting director of US Citizenship and Immigration Services (USCIS), a unit within the Department ...
Read More »Congo calls for inquiry into death of top general
Bloomberg The Democratic Republic of Congo’s president called for a rapid investigation into the sudden death of the country’s head of military intelligence shortly after his suspension from the army. General Delphin Kahimbi died last week in Kinshasa, the capital, President Felix Tshisekedi told his council of ministers later that day, according to minutes of the meeting on the PM ...
Read More »Biden looks for momentum from South Carolina win
Bloomberg Joe Biden is looking to use a blowout win in South Carolina to paint the Democratic primary contest as a clear choice between his traditional centrism and Bernie Sanders’s democratic socialism. In multiple television interviews on Sunday, the former vice president touted his success with South Carolina’s diverse electorate and portrayed Sanders as a risky choice who’d lose key ...
Read More »Pompeo offers no details on Trump-Taliban meeting
Bloomberg Secretary of State Mike Pompeo says he doesn’t know when or where President Donald Trump’s meeting with the Taliban would take place. “They have an enormous amount of American blood on their hands,†Pompeo said on CBS’s “Face the Nation†on Sunday. “We’re going to see if the Taliban are prepared to live up to the commitments they made.†...
Read More »Stocks advance on central bank hopes; oil rebounds
Bloomberg The worst stock rout since the global financial crisis showed signs of easing on Monday amid optimism that central banks will help cushion markets from the impact of the coronavirus. Crude oil rebounded. The Stoxx Europe 600 Index jumped, with 17 of 19 industry sectors in the green, and futures for all three main American indexes advanced in the ...
Read More »China stock traders are making big bet on fiscal stimulus
Bloomberg China’s biggest stock rally in months signals investors are counting on Beijing to loosen the purse strings after data showed a collapse in economic activity. Old-economy stocks led the charge on Monday, helping the CSI 300 Index close 3.3% higher for its biggest gain since May last year. A gauge of industrial shares rose 5.5%, the best day since ...
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