Sharjah / WAM Sharjah Islamic Bank (SIB), has been awarded the ISO 27001 Certification, and is among few in region to have been given this accolade. ISO27001 is a globally recognised standard for ‘Information Security Management System’ and provides the accreditation on SIB’s security practices to customers, regulators, partners and other stakeholders and ensures that SIB is aligned with the ...

Abu Dhabi / WAM The UAE International Investors Council announced its support for DP World Group and its legal measures performed in the case regarding the Republic of Djibouti’s termination of the concession contract for the Company’s operation of the Doraleh Container Terminal towards one of the most prominent Emirati investment entities in the world, the DP World company. The ...

Abu Dhabi / Emirates Business The Federal Tax Authority (FTA) has launched a roadshow to communicate directly with businesses subject to Value Added Tax (VAT) that haven’t registered yet, urging them to benefit from the exemption given by the Authority until April 30, 2018, which took into consideration the lack of preparedness among businesses in an effort to promote compliance ...

DAMMAM / WAM The UAE Armed Forces are participating in the final maneuvers of the region’s largest scale military drill ‘Joint Gulf Shield I’ with the participation of 24 friendly Gulf, Arab and Muslim countries. The drills will also be witnessed by Arab and Muslims leaders and heads of state on Monday in the Saudi Eastern Province. “The drills reinforce ...

Bloomberg The US, UK and France hit targets in Syria in retaliation for an apparent chemical weapons attack outside Damascus by Bashar al-Assad’s regime. The US allies sought to shore up international support on Saturday after overnight strikes. President Donald Trump said that missile strikes focussed on chemical weapons sites, and the Pentagon said a research center and weapons storage ...

LJUBLJANA / Reuters Slovenia will hold an early general election on June 3, President Borut Pahor announced on Saturday, a month after centre-left Prime Minister Miro Cerar resigned over a legal obstacle to a government investment project. “On this day I dismiss the parliament and determine June 3 as the date of early parliamentary election,” Pahor told a news conference. ...

Bloomberg The anti-immigration Sweden Democrats may have shunned some of its more extreme members, but the party with neo-Nazi roots is still far from being welcomed by the establishment. While SD is poised to become a kingmaker in September’s election, potentially winning close to 20 percent, interviews with the center-right opposition leaders revealed the group will still need to make ...

Bloomberg Pakistan’s Supreme Court issued a lifetime ban on politicians holding office after legal disqualification — a ruling that will bar former Prime Minister Nawaz Sharif from ever holding an elected position following a corruption probe against the ex-premier last year. The top court’s 5-member panel made the judgment on Friday after its July decision that ousted Sharif didn’t disclose ...

Bloomberg President Donald Trump pardoned I. Lewis “Scooter” Libby for lying to investigators probing the leak of a CIA officer identity, offering official forgiveness to a conservative figure whom supporters have argued was unfairly swept up in a politically charged special counsel’s investigation. “I don’t know Mr. Libby,” Trump said in a statement, “but for years I have heard that ...

Bloomberg The phone companies spent decades extending internet access across the US, first to homes and then to mobile devices, only to be stuck collecting relatively small service fees while Google and Amazon built lucrative online empires. Now that a surge of American cars are getting their own internet connections, Verizon Communications Inc. and AT&T Inc. don’t want to be ...