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DUBAI / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No. 1 of 2020 pertaining to leasing in the Dubai International Financial Centre (DIFC). The law will enhance the DIFC’s property market and reflects the centre’s commitment to maintaining a legal ...

Abu Dhabi / WAM The year 2019 has seen tremendous success for Abu Dhabi Ports, with the company having achieved a number of significant milestones, underlining its role as a key regional and global facilitator of trade. “Thanks to the guidance and support of the UAE’s leadership, along with the participation of our partners, stakeholders, and customers, Abu Dhabi Ports ...

Dubai / WAM The Ministry of Health and Prevention (MoHAP), had announced its Visiting Consultants Programme for the month of January 2020. A group of more than 23 consultants are visiting 10 of MoHAP’s hospitals to provide therapeutic and diagnostic services in accordance with the best international practices. The hospitals are; Al Qasimi Hospital, Kuwait Hospital (Sharjah), KhorFakkan Hosptial and Al ...

Abu Dhabi / Emirates Business Etihad Airways, the national airline of the UAE, announces its January Global Sale giving travellers the opportunity to beat the January blues and get away to explore exciting cities and holiday destinations. Travellers can jet off from January 20 until November 25 for less, with fares from Abu Dhabi to London Heathrow starting from just ...

ABU DHABI / WAM The UAE Space Agency announced its collaboration with the Abu Dhabi-based global innovation hub, Krypto Labs, to launch the UAE NewSpace Innovation Programme, which aims to maximise the growth of space technology start-ups with NewSpace, the rising private spaceflight industry. The programme falls under the purview of the National Space Investment Promotion Plan, which aims to ...

Bloomberg India’s Tata Group scored a temporary victory in a corporate feud after the nation’s top court said an ousted chairman can’t return to his old job, a move that promises to reduce the legal distractions threatening to stunt growth at the $111 billion conglomerate. A three-judge Supreme Court bench put on hold a lower court verdict last month that ...

Bloomberg Japan Post Holdings Co’s new chief executive officer vowed to restore the group’s reputation and said it’s too soon to think about growing business after an insurance scandal brought down his predecessor. “My mission is to forge a solid footing,” Hiroya Masuda said in Tokyo. “We have just received a business suspension order. We would lose investors’ trust if ...

Bloomberg China will reach its target of economic growth of 6% to 6.5% in 2019, said National Bureau of Statistics (NBS) head Ning Jizhe, just days before the official release of data on gross domestic product from last year. China remains the world’s fastest-growing economy larger than $10 trillion, he said at a forum on Saturday, according to a report ...

Bloomberg A tweet from a Japanese billionaire to distribute 1 billion yen ($9 million) to his followers is attracting plenty of attention. Yusaku Maezawa pledged to give 1 million yen each to 1,000 of his Twitter followers who reposted a message from his @yousuck2020 account. It has been retweeted 4.1 million times since the New Year. Maezawa, 44, who founded ...

Bloomberg If the latest monthly manufacturing data suggests anything, it’s that president Donald Trump’s tariffs haven’t yet solved a key issue haunting US steelmakers: China’s subsidising of its own industry. Manufacturing jobs in December unexpectedly fell by 12,000 with a key part of the drop coming in businesses that make raw and fabricated metals. The metal-making industries accounted for a ...