Bloomberg Delhi voted in the bitterly contested state election on Saturday, with PM Narendra Modi’s Bharatiya Janata Party (BJP) in a tough fight to reclaim the capital region, marking the first major test at the ballot box of his religion-based citizenship law that’s spurred nationwide protests. About 14.6 million voters cast their votes to elect 70 members to the legislative ...
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Hamdan approves plan to waive Dubai government services fees
DUBAI / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved a decision to waive fees on various government services offered in Dubai, aimed at lowering the cost of living, facilitating the ease of doing business, and supporting investors. The waived fees include those for medical training ...
Read More »ADX signs partnership with UK’s FTSE Russell
ABU DHABI / WAM FTSE Russell, the global index, data and analytics provider, on Wednesday, agreed to enter into a full index partnership with the Abu Dhabi Securities Exchange (ADX), to become its benchmark administrator for domestic equity indexes in Abu Dhabi. The signing ceremony took place at the ADX in the presence of Khalid Bin Shaiban Al Muhairi, Chairman ...
Read More »Hub71 launches programme to engage corporates with startups
ABU DHABI / WAM Hub71 on Wednesday announced the rolling out of a new Corporate Engagement Programme and strategy to provide corporates with access to high growth startups transforming their sectors and enabling startups with access to major corporates as customers during the Technology Innovation Pioneers (TIP) Summit 2020 at New York University Abu Dhabi. The innovation team of the ...
Read More »ERC continues to provide aid to Rohingya refugees
DHAKA / WAM The Emirates Red Crescent (ERC) has continued providing humanitarian aid to Rohingya refugees in Bangladesh, upon the directives of the UAE’s leadership and the monitoring of HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al Dhafra Region and Chairman of the Emirates Red Crescent (ERC). The aid includes the distribution of various relief materials that ...
Read More »Trump considers withdrawing from WTO’s $1.7 trillion purchasing pact
Bloomberg The US is mulling a plan to withdraw from a global pact worth $1.7 trillion in government contracts, a person familiar with the matter said, in a move that may anger close allies during a delicate moment for trade. Officials in President Donald Trump’s administration are circulating a draft executive order that would trigger a US exit from the ...
Read More »Trump set for acquittal with Dems second-guessing plan
Bloomberg President Donald Trump’s inevitable acquittal in the Senate’s impeachment trial on Wednesday has some House Democrats fretting that they should have delivered a more complete case to argue for his removal. Trump is emerging from the two-week Senate trial looking as strong as ever, barely wounded by the relentless details of his efforts to force Ukraine to investigate one ...
Read More »More than 7,000 held on two cruise ships as coronavirus spreads
Bloomberg Luxury Asian vacations turned into a form of confinement for thousands of cruise passengers when authorities in Hong Kong and Japan said they would quarantine those aboard for up to two weeks after finding coronavirus infections aboard. The developments will come as a blow to Princess Cruises, the operator of a vessel that is being quarantined off Yokohama, and ...
Read More »China wants to patent Gilead’s experimental coronavirus drug
Bloomberg Chinese researchers have applied for a local patent on an experimental Gilead Sciences Inc drug that they believe might fight the novel coronavirus outbreak. The Wuhan Institute of Virology — based in the central Chinese city at the epicenter of the epidemic — has applied for a patent in China for the use of the antiviral drug, known as ...
Read More »Indonesia growth slows to 4-year low adding to calls for rate-cut
Bloomberg Indonesia’s economy expanded at its weakest pace in four years in 2019, opening the door for additional interest-rate cuts as the nation braces for the impact of a spiraling coronavirus crisis. Gross domestic product rose 5.02% last year, broadly in line with the 5.04% forecast in a Bloomberg survey of economists, according to data released Wednesday. Fourth-quarter growth of ...
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