Blog List Layout

Abu Dhabi / WAM Rail contracts worth $16 billion are planned to be awarded in 2018 in the MENA region, according to MEED Rail Report. The report is issued ahead of the Middle East Rail, the largest railway industry event across the Middle East, North Africa, South and Central Asian region, which will take place from March 12-13 at Dubai ...

Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), carried out 85 development projects in 21 countries around the world, benefiting approximately 553,370 people during 2017, the Year of Giving. In the Year of Zayed 2018, Suqia aims to continue its charity and volunteer projects around the ...

Bloomberg India cannot rule out a pause in its fiscal consolidation plan in the year through March, a key government adviser said, setting the government’s tone ahead of Thursday’s budget. “Setting overly ambitious targets for consolidation—especially in a pre-election year—based on optimistic forecasts that carry a high risk of not being realised will not garner credibility,” Chief Economic Adviser Arvind ...

Bloomberg The sun never sets on China’s trade and infrastructure ambitions. With the addition of the Arctic and Latin America, Chinese President Xi Jinping’s signature Belt and Road Initiative has become truly global. Only the US, its neighbour Canada and ally Japan have yet to be included in the plan, which seeks to build or upgrade a network of highways, ...

Bloomberg UK Prime Minister Theresa May is fighting on multiple fronts as critics inside her governing Conservative Party threaten to upend her plans for Brexit and even her premiership. May’s party is split over how to leave the European Union as time runs out for finalizing the UK’s policy. Opponents of retaining EU trade rules after a divorce want her ...

Bloomberg Google faced a Monday deadline to defend changes to its shopping service that left old foes clamoring for a new wave of European Union antitrust fines. Still smarting from 2017’s record 2.4 billion euro ($3 billion) penalty, Google must submit the first report to the EU on how it has met a strict demand from regulators to give smaller ...

Bloomberg The euro area is set to start the new year the way it ended the old: the economy is strong but inflation is weak. The region’s fastest growth in a decade will be confirmed this week in a burst of data that should also show economic confidence at the highest since the currency bloc’s early days, unemployment at a ...

Bloomberg There’s nothing like $1.5 trillion in tax cuts to help make friends at a gathering of conservative political donors. Donald Trump is gaining ground with members to the Koch political network, after the president’s name was hardly mentioned when the deep-pocketed individuals last assembled seven months ago. At that time, the group was skeptical of the former New York ...

DUBAI / Emirates Business His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, performed the funeral prayer at Al Mu’tareed Mosque in Al Ain, on the body ...

Abu Dhabi / WAM Sheikha Hessa bint Mohammed bin Khalifa Al Nahyan, mother of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, passed away on Sunday. The President receives condolence messages from UAE Rulers, world leaders and other prominent personalities on the passing away of his mother. Sultan bin Zayed His Highness Sheikh Sultan bin Zayed Al Nahyan, the ...