Dubai / Emirates Business MAG Lifestyle Development (MAG LD), the development arm of MAG Group, is making strong progress at MAG 318, where Dutch Foundation has been appointed as the enabling contractor. Construction is continuing as planned and Dutch Foundation has received its shoring permit, with mobilisation scheduled to start very soon. The AED 550 million project is well on ...

Dubai / WAM The Dubai Culture and Arts Authority, Dubai Culture, has announced its line-up of artists for the eighth edition of the SIKKA Art Fair 2018. Held under the patronage of HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Vice Chairman of Dubai Culture, SIKKA will take place from March 17-26 at Al Fahidi Historical Neighbourhood. The judging ...

Bloomberg North Korean leader Kim Jong Un invited South Korean President Moon Jae-in to meet in Pyongyang, a dramatic gesture that may raise prospects for easing tensions on the Korean Peninsula. The invitation was verbally delivered by Kim’s sister, Kim Yo Jong, during a Saturday meeting at Moon’s presidential compound in Seoul a day after the opening ceremony for the ...

Bloomberg Israel launched attacks on Iranian and Syrian positions after it said Iran sent a drone into its airspace on Saturday, as the tense situation along the border threatened to escalate into wider violence. Syria fired anti-aircraft missiles at an F-16 fighter plane inside Israel, causing the pilots to eject, the Israeli army spokesman said in a text message; the ...

Bloomberg President Donald Trump on Friday declined to release a House Democratic rebuttal of a Republican memo alleging bias and misconduct by the FBI and Justice Department early in their investigation of Russian election interference. Trump is unable to do so because it contains “numerous properly classified and sensitive passages,” White House counsel Donald McGahn wrote in a letter to ...

Bloomberg Pakistan is pushing for the completion of a fence along its disputed border with Afghanistan—and it wants the US to help pay for it. Less than 10 percent of the fence planned along the 1,456 miles (2,343 kilometers) of mountainous border with Afghanistan has been completed so far due to financial constraints. Even so, Pakistan Foreign Minister Khawaja Muhammad ...

Bloomberg Philippine President Rodrigo Duterte said he’s scrapping the acquisition of 16 Canadian Bell helicopters and pledged to end military purchases from countries including the US that impose conditions. “Do not buy anymore from Canada or from the United States because there is always a condition attached,” Duterte told reporters in Davao City. He announced the cancellation of the chopper ...

LONDON / Reuters Europe will face a gas shortage and price spike as soon as the next decade if it doesn’t decide quickly to boost imports from Russia as gas purchases from the United States fail to match demand, Kremlin energy giant Gazprom told Reuters. The Trump administration has said it intends to level the playing field in energy markets ...

BAGHDAD / Reuters Iraq seeks around $100 billion in foreign investment in transport, energy and agriculture as part of a plan to rebuild parts of the country and revive the economy after a three-year war on IS. The government’s National Investment Commission published a list of 157 projects it will seek investment for at an International Conference for Reconstruction of ...

Bloomberg Narendra Modi pledged $40 million for economic development in the Palestinian territories, marking the first-ever visit by an Indian prime minister to the West Bank. “We discussed regional and global developments that have a role in peace in the world and in the region,” Modi said on Saturday in Ramallah, where he appeared alongside Palestinian Authority President Mahmoud Abbas. ...