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Bloomberg The only thing that might be colder than Toronto in January is the Canadian city’s housing market. While the bleak mid-winter is never the best time to sell a home in Canada, a string of open houses in the country’s largest city were chillingly empty on a recent afternoon. Tougher mortgage rules went into effect on January 1 just ...

Bloomberg Russia is hosting a Syria peace summit in the Black Sea resort of Sochi, with its hopes for securing an internationally-backed plan dashed as the opposition boycotts the initiative. More than two years since Russia’s military intervention in the war-torn country, it’s succeeded in decisively shoring up ally Bashar al-Assad. But even as the Syrian leader closes in on ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Highness Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in the Al Ain Region, on Monday received hundreds of mourners at Al Mushrif Palace in Abu Dhabi, who came to pay ...

Dubai / Emirates Business The Middle East’s online education is forecasted to experience continuous growth thanks to the rising government investments and increasing popularity of e-learning especially among professionals. According to a report by Research and Markets titled the ‘Middle East Online Education & E Learning Market Size, Demand, Opportunity & Growth Outlook 2023,’ the regional online education and e-learning ...

Abu Dhabi / WAM Rail contracts worth $16 billion are planned to be awarded in 2018 in the MENA region, according to MEED Rail Report. The report is issued ahead of the Middle East Rail, the largest railway industry event across the Middle East, North Africa, South and Central Asian region, which will take place from March 12-13 at Dubai ...

Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), carried out 85 development projects in 21 countries around the world, benefiting approximately 553,370 people during 2017, the Year of Giving. In the Year of Zayed 2018, Suqia aims to continue its charity and volunteer projects around the ...

Bloomberg India cannot rule out a pause in its fiscal consolidation plan in the year through March, a key government adviser said, setting the government’s tone ahead of Thursday’s budget. “Setting overly ambitious targets for consolidation—especially in a pre-election year—based on optimistic forecasts that carry a high risk of not being realised will not garner credibility,” Chief Economic Adviser Arvind ...

Bloomberg The sun never sets on China’s trade and infrastructure ambitions. With the addition of the Arctic and Latin America, Chinese President Xi Jinping’s signature Belt and Road Initiative has become truly global. Only the US, its neighbour Canada and ally Japan have yet to be included in the plan, which seeks to build or upgrade a network of highways, ...

Bloomberg UK Prime Minister Theresa May is fighting on multiple fronts as critics inside her governing Conservative Party threaten to upend her plans for Brexit and even her premiership. May’s party is split over how to leave the European Union as time runs out for finalizing the UK’s policy. Opponents of retaining EU trade rules after a divorce want her ...

Bloomberg Google faced a Monday deadline to defend changes to its shopping service that left old foes clamoring for a new wave of European Union antitrust fines. Still smarting from 2017’s record 2.4 billion euro ($3 billion) penalty, Google must submit the first report to the EU on how it has met a strict demand from regulators to give smaller ...