Dubai / Emirates Business Building Healthcare Exhibition & Conferences, organised by Informa Life Sciences Exhibitions, will take place from May 30 – June 1, at the Dubai International Convention and Exhibition Centre. The exhibition will bring together more than 6,000 leading investors, healthcare CEOs, government representatives, IT decision makers, architects, and more, to discuss the future of healthcare and source ...
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MoI signs 20 contracts worth AED391.1mn
Abu Dhabi / WAM Ministry of Interior (MoI) and the Abu Dhabi Police General Headquarters have signed AED 391,122,304 worth of contracts on the second day of the International Conference for Security and National Resilience (ISNR Abu Dhabi 2016). The announcement was made by Major General Ahmed Nasser Al Raisi, Inspector General of the Ministry of Interior and Deputy Chairman ...
Read More »ENEC sponsors ‘2nd ME Training, Simulation Forum’
Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) was a lead sponsor of the 2nd Middle East Nuclear Training and Simulation Forum which was held at the Rosewood Hotel, Abu Dhabi recently. The Middle East Nuclear Training and Simulation Forum is the only business conference in the Middle East for the nuclear industry with a focus on simulators ...
Read More »UAE makes Emiratis stay in Barcelona easier
Barcelona / WAM The Consulate-General of the UAE has launched an affiliated inquiry point at Barcelona International Airport. The move aims to provide the best care for UAE citizens and to develop services provided to them during visits to the province of Catalonia. The inauguration was attended by Salem Rashid Al Owais, UAE Consul-General in Barcelona, along with a number ...
Read More »Zakat Fund pays AED73mn in education assistance
Abu Dhabi / WAM The Zakat Fund has spent AED 73 million to pay the tuition fees of more than 18,000 needy students of different nationalities over the last five years as part of its Read Project for school students, or ‘Iqra’. Abdullah bin Oqeidah Al-Muheiri, Zakat Fund Secretary-General, said that Iqra is one of the first initiatives launched by ...
Read More »Osborne cuts company tax, targets sugar as growth slows
Bloomberg Chancellor of the Exchequer George Osborne announced a further cut in the main rate of U.K. company tax and put a levy on sugary drinks as he warned the U.K. economy will grow less quickly in each of the next five years than previously forecast. In his annual budget speech to the House of Commons, Osborne said corporation tax ...
Read More »Pound declines a third day as Osborne lowers UK growth outlook
Bloomberg The pound weakened for a third day as U.K. Chancellor of the Exchequer George Osborne lowered the nation’s growth outlook in his annual budget. The U.K. currency dropped the most in three weeks against the dollar on Tuesday. Osborne said Wednesday the Office for Budget Responsibility revised its forecast for U.K. economic growth this year to 2 percent from ...
Read More »Gazprom seeks to explore Switzerland with Russia’s first Eurobond this year
Bloomberg Gazprom PJSC, the world’s largest natural-gas producer, is tapping the Swiss capital markets with the first foreign benchmark bond sale from Russia this year. The state-run gas monopoly is offering 500 million Swiss francs ($505 million) of notes due Nov. 30, 2018 with a coupon of 3.375 percent, according to a person familiar with the deal who asked not ...
Read More »Germany’s bonds underperform as it sells 10-yr securities
Bloomberg Germany’s government bonds underperformed their higher-yielding euro-area peers as the nation sold 4 billion euros ($4.4 billion) of 10-year debt. Italy’s sovereign bonds advanced, along with most major euro-region securities, while German 10-year bunds were little changed. The yield on Europe’s benchmark securities has climbed about seven basis points since the day before the European Central Bank’s policy decision ...
Read More »Deutsche Boerse agrees to buy LSE to create European titan
Bloomberg Deutsche Boerse AG succeeded in its third attempt to acquire London Stock Exchange Group Plc. The deal would create a titan of European trading as long as regulators give it their blessing and rival suitors don’t scupper the agreement. While the companies declared it a merger of equals, Deutsche Boerse stockholders will get 54.4 percent of the enlarged group ...
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