Dubai / WAM Dubai Financial Market (DFM) will organise its International Investor Roadshow in London on May 17 and 18. Senior representatives from 16 companies listed on DFM and Nasdaq Dubai will update London-based international fund managers on their respective companies’ growth strategies as well as most recent developments. Organised in collaboration with HSBC, the roadshow will take place ...
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Nawah Energy Company holds first board of directors meeting
ABU DHABI / WAM The Nawah Energy Company, the newly-formed nuclear operating joint venture company, between the Emirates Nuclear Energy Corporation (ENEC) and Korea Electric Power Corporation (KEPCO) held its first Board of Directors meeting. The board was chaired by Saeed Fadhel Al Mazrooei, joined by David Scott as Vice Chairman along with board members Mohamed Al Hammadi, Ahmed ...
Read More »Trump says he’d meet North Korea’s Kim if conditions right
Bloomberg US President Donald Trump said he would meet with Kim Jong Un amid heightened tensions over North Korea’s nuclear weapons program if the circumstances were right. “If it would be appropriate for me to meet with him, I would absolutely, I would be honored to do it,†Trump said on Monday in an Oval Office interview with Bloomberg ...
Read More »Merkel tells Putin EU sanctions have to remain
Bloomberg German Chancellor Angela Merkel told President Vladimir Putin that European Union sanctions will have to remain on Russia, in a chilly encounter in the Black Sea resort of Sochi that exposed their differences on issues from Ukraine and human rights in Chechnya to Russian electoral interference. Addressing a joint press conference with Putin after about two hours of ...
Read More »May: Juncker clash shows Brexit talks will ‘not be easy’
Bloomberg U.K. Prime Minister Theresa May alluded to the leaked details of her disastrous dinner with Jean-Claude Juncker to remind voters that Brexit talks will be tough and she alone is up to the task. Germany’s Frankfurter Allgemeine Sonntagszeitung newspaper on Sunday said that the European Commission president left the April 26 talks at Downing Street shocked at May’s ...
Read More »Brexit grandstanding works in EU’s favour
Leaked details of a dinner conversation between UK Prime Minister Theresa May and European Commission President Jean-Claude Juncker suggest that the Brexit talks won’t just be contentious — they’ll be brutal. At this point, the perception helps May as much as it does the EU leaders. After the June election in the UK, however, May will be at a ...
Read More »Those 10,000 Infosys US jobs need to be the right ones
Statements by two leaders in opposite hemispheres could help explain an announcement Tuesday that Infosys Ltd., the Indian outsourcing giant, will hire 10,000 American workers over the next two years. We believe jobs should be offered to American workers firstand. This will be the last year when we can be ahead of the curve in technology … Two years ...
Read More »Turning the page on Trump’s first 100 days
Finally, thankfully, the first 100 days of the Trump presidency have passed. This meaningless standard for judging a president can now fade into oblivion, where it belongs, and where it will remain for at least another four years. Maybe the passage of the 100-day mark will allow both the president and those who write about him (which includes, of ...
Read More »Venezuela heading for Cuba-style regime
In the latest attempt to strengthen his grip on power, the beleaguered Venezuelan President Nicolas Maduro has ordered for writing a new constitution. The socialist leader’s call for a constitutional assembly has further angered his opponents whose relentless campaign to oust him has brought hundreds of thousands into the streets demanding his removal. The move comes two days after ...
Read More »â€˜Dubai achieved global position in maritime transport’
Abu Dhabi / WAM Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, stressed that maritime transport in Dubai is witnessing major international development, while highlighting the fact that the UAE’s maritime transport sector is considered the hub of international maritime trade in the Arab Gulf and West-Asia in terms of port capacity and development. During his speech ...
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