News

NBAD’s ‘Investment Outlook’

ABU DHABI / Emirates Business National Bank of Abu Dhabi (NBAD) has published its ‘Global Investment Outlook 2016’, entitled ‘Investment Strategies in Today’s Volatile Markets’, that examines the global economic and investment environment, and provides insights that should help investors navigate financial markets profitably during the rest of 2016. Last year’s report anticipated the difficult year ahead for 2015, describing ...

Read More »

Stage set for Corporate Games from March 25

UAE-based enterprise Corporate Games has announced its new partners of 2016’s exciting sporting festival Abu Dhabi Corporate Games 2016 that is scheduled to take place at Abu Dhabi Zayed Sports City from March 25 – 26. This much-awaited sporting event has attracted high-level support from reputed private organisations, international corporations and government institutions. Benoit Montin, Managing Director of Corporate Games, ...

Read More »

Shrinking field puts money up for grabs

Spartanburg / AFP In an upside-down campaign season that’s seen a political dynasty done in by a celebrity businessman and a self-declared democratic socialist rapidly gain on the Democratic favorite, establishment money may finally find its footing. With Jeb Bush’s exit from the Republican presidential race, the field of candidates competing for the wealth behind the more than $100 million ...

Read More »

Houston investor linked to $1million Cruz Super-PAC donation

Bloomberg Wil VanLoh, a Houston private-equity manager, has links to a $1 million contribution to a group supporting Ted Cruz’s presidential bid. The group, Stand for Truth, disclosed today that it received $1 million in January from a Houston company identified as Trinity Equity. Trinity shares an address with Quantum Energy Partners, a private-equity firm VanLoh runs with $9 billion ...

Read More »

USA govt urged to reopen ‘Jeep’ probe

Detroit / AP An auto safety advocate is calling on the government to reopen an investigation of rear-crash fires in older Jeep SUVs after finding at least 11 more deaths since the vehicles were recalled. The deaths show that the recall repair — installing a trailer hitch to protect gas tanks in low-speed crashes — hasn’t been effective, said Clarence ...

Read More »

Google boss heading to Brussels for antitrust talks

San Francisco / AFP Google chief executive Sundar Pichai will meet with the European Union’s competition commissioner Margrethe Vestager in Brussels in the coming week, a source familiar with the matter said. European competition officials have been investigating the US tech giant for years over alleged monopolistic practices involving its search engines, but any resolution has been elusive. Three successive ...

Read More »

Bolivian reform could extend leftist president’s record rule

La Paz / AFP Bolivians vote Sunday on a constitutional reform that would allow Evo Morales to seek a fourth term as president, potentially extending his stay in office until 2025. Morales, Bolivia’s first indigenous president, was first elected to office in 2006 and re-elected twice. His current term ends in 2020. The 56 year-old leader is the longest-serving president ...

Read More »

VP meets Chairman of Nobel Foundation

DUBAI / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Sunday received Professor Carl-Henrik Heldin, Chairman of the Board of the Nobel Foundation, who took part in the opening ceremony of the second edition of the Nobel Museum Exhibition 2016, in Children’s City at Dubai Creek Park. The exhibition ...

Read More »

Dubai’s financial system electronically linked to federal govt

DUBAI / EMIRATES BUSINESS In a bid to meet the requirement of the International Monetary Fund (IMF) on Government Finance Statistics (GFS) and complete the linking of the federal government financial system to that of all emirates; the Ministry of Finance (MoF) has announced that Dubai’s financial system has been electronically linked to that of the federal government. The announcement was ...

Read More »

Emirates, Los Angeles Dodgers announce new partnership

DUBAI / WAM Emirates Airlines that it will be the official airline sponsor of the Los Angeles Dodgers. This new deal expands Emirates’ international footprint as a supporter of sports and culture, marking the airline’s entry into the world of baseball. “Baseball is a sport that unifies many communities across the US. The spirit of competition and fair play, the ...

Read More »
Send this to a friend