News

  Bloomberg The popularity of Argentine President Mauricio Macri has faded since he took office a year ago, as Latin America’s third-largest economy slid into recession and inflation soared. But his appeal among the nation’s farmers remains as strong as ever. That’s because of the stark difference between Macri and his predecessor, Cristina Fernandez de Kirchner, for an agriculture industry ...

  Bloomberg Six months after Britain voted to leave the European Union, the signs are pointing to a “hard” Brexit, according to a report by 12 academics and policy researchers. The shock decision has united the 27 other EU members to a degree rarely seen, while exposing how divided Britain is, U.K. in a Changing Europe, an EU-funded research program ...

  Bloomberg A few days of regulatory tussles were enough for Uber Technologies Inc. to pull its fleet of self-driving cars from the streets of San Francisco and send them instead to friendlier territory in Arizona. The California Department of Motor Vehicles banned Uber’s self-driving cars from San Francisco on Wednesday, just days after they first deployed. In response, Uber ...

  Bloomberg The UK government is clawing back 292 million pounds ($360 million) in subsidies from BT Group Plc to reinvest in spreading super-fast broadband connections to businesses and homes in remote areas. Under a contract with the government, BT receives taxpayer funds to support the rollout of super-fast broadband, with speeds of 24 megabits per second or more, but ...

  DUBAI / WAM Dubai’s non-oil foreign trade reached AED952 billion in first nine months of 2016. Imports had the lion’s share at AED 594 billion, while exports and re-exports accounted for AED109 billion and AED 249 billion, respectively, according to official figures. Dubai saw a 11 percent surge in the total volume of traded goods in the first nine ...

  ABU DHABI / WAM Abu Dhabi General Services Company, Musanada, said that it will complete and hand over 4 schools in Al Ain city to Abu Dhabi Education Council (ADEC) by next April, well ahead of the start of the new academic year 2017-2018. This forms part of Musanada’s efforts to realise the vision of Abu Dhabi plan, and ...

  Dubai / WAM To realise the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to position Dubai as the capital of the Islamic economy, the Dubai Islamic Economy Development Centre (DIEDC) needs to continually adapt its Islamic economy strategy to reflect emerging trends across the sector’s ...

  Dubai / WAM Dubai Electricity and Water Authority (DEWA) said that 80 percent of the second phase of the Mohammed bin Rashid Al Maktoum Solar Park is complete, as of mid-December. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world based on the Independent Power Producer model (IPP). The second phase is the ...

  Abu Dhabi / WAM The Ministry of Human Resources and Emiratisation (MOHRE) completed preparations required to implement two key resolutions on Emiratisation of positions of data entry operators and occupational health and safety officers starting January 2017. Ministry officials said the lists of qualified Emiratis who can fill up these jobs had been sent to targeted employers for selection. Farida Al ...

  Abu Dhabi / WAM Abu Dhabi General Services Company (Musanada) said that it will complete and hand over 4 schools in Al Ain city to Abu Dhabi Education Council (ADEC) by next April, well ahead of the start of the new academic year 2017-2018. This forms part of Musanada’s efforts to realise the vision of Abu Dhabi plane, and execute ...