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DUBAI / Emirates Business Dubai Land Department (DLD) announced a Memorandum of Understanding (MoU) with Informa Middle East, organiser of the region’s foremost real estate platform, Cityscape. The strategic agreement was signed by His Excellency Sultan Butti Bin Mejren, Director General of DLD, and Tom Rhodes, Exhibition Director at Cityscape. The new agreement aims to focus its efforts on promoting ...

DUBAI / WAM To mark the historic visit of Chinese President Xi Jinping to the UAE, Emirates Post Group (EPG), in cooperation with the UAE Ministry of Foreign Affairs and International Cooperation, issued commemorative stamps celebrating 34 years of diplomatic relations between the UAE and the People’s Republic of China. The stamps bear three design executions, one with President His ...

ABU DHABI / WAM The Urban Planning and Municipalities Department (ADM) launched 13 new digital services as part of its efforts to participate in the digitalisation drive and the modern vision of our leaders, who are keen to improve the quality of services and bringing happiness to community members. The move also responds to the needs of sustainable development and ...

RAS AL KHAIMAH / WAM The Ras Al Khaimah Tourism Development Authority (RAKTDA), on Sunday announced a 14 percent increase in international visitors during the first six months of the year. These figures are larger than the United Nations World Tourism Organisation (UNWTO), forecast of 4 percent tourism growth in the Middle East in H1 and demonstrates the ongoing strength ...

Bloomberg Global economic growth is less synchronized and faces increasing threats, including from trade tensions, according to a draft statement from the Group of 20 leading economies obtained by Bloomberg News. “Downside risks over the short and medium term have increased,” said the document. A final version of the statement will be published on Sunday. Among the other risks to ...

Bloomberg One of the biggest trade secrets cases in US history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered ‘bombshell’ evidence of fraud thanks to whistle blowers who used to work for the winning side. Amrock Inc., an affiliate of mortgage-lending firm Quicken Loans Inc., in March lost a trial in ...

Bloomberg Several major pharmaceutical companies lowered their spending on lobbyists in the second quarter of 2018, a time of uncertainty as President Donald Trump’s administration continued its campaign to lower drug costs for consumers. Pharmaceutical Research and Manufacturers of America spent $5.54 million between April and June, down 7.7 percent from the same period last year, according to disclosures released ...

Bloomberg Facebook Inc. has suspended apps by Crimson Hexagon, a company founded by a Harvard University researcher who has a close relationship with the social network, after the Wall Street Journal inquired about the firm’s contracts with governments. US government agencies and a Russian nonprofit with ties to the Kremlin are among clients of Crimson Hexagon, a data analysis firm, ...

Bloomberg It’s so hot in Texas that the power grid keeps breaking demand records, and it’s forecast to get so warm in California next week that natural gas prices have risen to a nine-year seasonal high. The Dallas-Fort Worth area shattered a 93-year-old daily heat record, reaching 108 degrees Fahrenheit (42 Celsius), the sixth straight day of triple-digit temperatures. It ...

Bloomberg Energy executives say the fuel Chancellor Angela Merkel has picked for Germans as a bridge towards a cleaner future could turn out to be another dead end without political guarantees to draw investment. “I can’t imagine a rational investor who would invest in large-scale gas capacity” without government assurances, said Uniper SE Chief Executive Officer Klaus Schaefer in Berlin. ...