Kuwait /Â WAM Dr Manal Rafiq Ja’rour, Vice President of the Emirates Down Syndrome Association, has won the “”Ideal Mother Award for Intellectual Disabilities” in Kuwait. Aisha Al-Salem, Director of Al Kharafi Activity Kids Center in Kuwait, announced at a press conference the names of 19 mothers who won the “Ideal Mother Award for Intellectual Disabilities” from the State of ...
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NYUAD turns blue for Autism Awareness Month
Abu Dhabi / WAM New York University Abu Dhabi (NYUAD) has become a part of the global #LightItUpBlue Initiative for the third consecutive year as part of the University’s month-long campaign to raise awareness about autism. The dome of the University’s campus will be lit blue throughout the month of April in a show of support for Autism Awareness Month. ...
Read More »Endangered sea turtles return home for nesting
Abu Dhabi / WAM The Environmental Services team at the Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, concluded preparations on Saadiyat Island for the Hawksbill sea turtle nesting season. The critically endangered turtles are due to begin returning soon, and will be under the careful observation of TDIC’s experienced ...
Read More »Trump orders study of trade abuse contributing to deficits
Bloomberg President Donald Trump has ordered a comprehensive study to identify every form of “trade abuse†that contributes to US deficits with foreign countries. “The theft of American prosperity will end,†Trump said at an Oval Office ceremony announcing the study, along with another directive to step up enforcement of existing trade penalties. “Thousands of factories have been stolen ...
Read More »Euro-area inflation slows more than predicted on oil, food
Reuters Inflation in the euro area slowed for the first time in nearly a year this month, which may reinforce the view among some European Central Bank policy makers that it’s too soon to start unwinding unconventional stimulus. The 1.5 percent rate of price growth in March was down from 2 percent in February and weaker than economists had ...
Read More »UK mergers at record high, IPOs at low as Brexit begins
Bloomberg It’s 2012 again for companies in the UK. The first quarter of this year was the busiest for mergers by volume and the slowest for initial public offerings since the same period in 2012, when Greece’s debt crisis weighed on investors and boards. This time round the UK is the center of attention. British Prime Minister Theresa May ...
Read More »Canada’s WSP Global mulls US acquisitions
Bloomberg WSP Global Inc., the Canadian engineering firm helping to oversee the development of California’s $64 billion high-speed rail line, is looking for more US work through acquisitions. “If we find a transaction that makes sense, we will do it,†said Chief Executive Officer Alexandre L’Heureux. He is especially interested in deals that would bulk up the firm’s US ...
Read More »UK to raise $14.7bn in Blackstone-Prudential deal
Bloomberg The UK will raise 11.8 billion pounds ($14.7 billion) selling mortgages to Blackstone Group LP funds and Prudential Plc, as it takes another step toward clearing assets acquired from lenders that failed in the financial crisis. “This is a significant milestone,†Ian Hares, chief executive officer of UK Asset Resolution Ltd., the state agency that managed the sale, ...
Read More »US telecoms reap benefits as GOP scraps rules
Bloomberg Some of Washington’s most persistent lobbyists are racking up big wins, as regulators, members of Congress and even President Donald Trump embrace priorities expressed by the biggest communications companies. Broadcasters are near to gaining renewed freedom to grow through mergers, and telephone providers are poised to dodge rate caps. Each step reverses policies from the Obama era. “It’s ...
Read More »â€˜Volkswagen internal investigation needs time’
AP Volkswagen board chairman Hans Dieter Poetsch says he doesn’t expect an internal investigation into the German automaker’s cheating of US diesel emissions standards, which became public in September 2015, to be wrapped up by year’s end. Poetsch, who was quoted in Saturday’s edition of the Frankfurter Allegemine Zeitung newspaper, said that law firm Jones Day has made good ...
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