Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada), has started work on the Al Ghuwaifat Border Post Rehabilitation Project costing AED119 million. Slated to be completed within 16 months, the Project includes rehabilitation of fast car and truck lanes; police, customs and passport counters/checkpoints; street lighting and telecommunications networks. The work will involve rehabilitation of the border post ...

Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has ordered an early salary deposit for Dubai government employees in June, a gesture aimed at helping families ensure they can meet their needs and requirements during Eid Al Fitr. Government employees will receive their ...

Ajman / WAM Within the framework of strengthening the ties and direct cooperation between Ajman and the world, the Ajman Chamber of Commerce and Industry (ACCI), organised its annual Ramadan Majlis. Sheikh Sultan bin Saqr Al Nuaimi, Mohammed bin Khalifa bin Salmeen Al Aryani, Board members of ACCI, Nasser Al Dhafri, Acting Director-General of Ajman Chamber, Mohammed Al Janahi, Executive ...

Dubai / Emirates Business wasl properties, a subsidiary of wasl Asset Management Group, has announced the launch of wasl Topaz in Umm Hurair. The development will provide prospective tenants in this vital area of the city with 90 new residential units for leasing, ranging from one and two bedroom apartments to two and three bedroom apartments with dedicated maid’s rooms. ...

Bloomberg President Donald Trump said he backed a Saudi Arabia-led movement to isolate Qatar over its funding of extremist groups, once again sending conflicting signals about the US stance in a dispute between American allies in the Gulf region. Qatar has historically “been a funder of terrorism at a very high level” and that has to stop, Trump said at ...

Bloomberg US special forces are assisting Philippine troops in their operations against militants in the southern city of Marawi, the US embassy in Manila said in an emailed statement. The assistance helps military commanders in their fight against the militants and was offered at the request of the Philippine government, according to the statement, which didn’t give details of the ...

Bloomberg German Chancellor Angela Merkel said she’s ready to defend the interests of European Union members in Brexit negotiations and doesn’t see any reason for the process to be delayed by the results of the UK’s election. “We will try to defend the interests of our 27 members states, and Great Britain will defend its own interests,” Merkel said in ...

Bloomberg Sweden unveiled a softer plan for filling the country’s bank resolution reserve following threats from Nordea Bank AB that it may shift its headquarters from Stockholm to a more accommodating regulatory environment. Sweden will keep a cap on the size of the resolution reserve, instead of allowing it to grow indefinitely, the Finance Ministry said. The government stuck to ...

Bloomberg A former Societe Generale SA managing director was charged in a French insider-trading case linked to Air Liquide SA’s $13.2 billion takeover of Stephane Fima, a managing director who specialized in acquisition financing, was charged by an investigative judge following raids last year at the bank’s headquarters in the La Defense business district in western Paris. The criminal charges ...

Bloomberg ABN Amro Group NV said it fired some mortgage advisers and cut performance-related pay after it found 114 staff copied client signatures, closing a probe the Dutch bank started more than six months ago. The government-owned lender terminated as many as 10 staff out of more than 850 advisers, a spokesman for the Amsterdam-based bank said. The bank said ...