Uncategorized

US Congress to let Iran deadline pass, leaves decision to Trump

Reuters The US Congress will allow a deadline on reimposing sanctions on Iran to pass this week, congressional and White House aides said, leaving a pact between world powers and Tehran intact at least temporarily. In October, US President Donald Trump declined to certify that Iran was complying with the nuclear agreement reached among Tehran, the United States and others ...

Read More »

Mansour bin Zayed opens SIAL Middle East 2017

Abu Dhabi / WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs and Chairman of the Abu Dhabi Food Control Authority (ADFCA), on Tuesday officially opened SIAL Middle East 2017, the region’s fastest growing business trade event for the food, drink and hospitality industries. The conference is being held under the strategic ...

Read More »

UAE-France relations historical: Mohammed

Dubai / WAM HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Tuesday former French president Francois Hollande, on the sidelines of the now-running Arab Strategy Forum 2017. Also present during the meeting were HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of ...

Read More »

UAE leads region in renewable energy sector

Abu Dhabi / WAM The UAE made great strides over the past few years and is leading the region’s drive towards renewable energy, particularly in the solar sector, according to a report by a leading Arab energy corporation. ”The development of the renewable-energy sector in the UAE has been moving ahead rapidly. Enjoying strong government support, solar energy has made ...

Read More »

IPS 2018 to drive international sales

Dubai / Emirates Business The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, is set to take place in Dubai from April 9-11, 2018 at the Dubai World Trade Centre (DWTC), where it will be driving international sales through Country Pavilions that open up a world of investment opportunities for ...

Read More »

Richest Indian mulls wireless IPO after $31 billion spree

Bloomberg India’s richest man is weighing an initial public offering of mobile operator Reliance Jio Infocomm Ltd., people with knowledge of the matter said, after a $31 billion investment spree that roiled the country’s wireless market. Reliance Industries Ltd., the conglomerate backed by tycoon Mukesh Ambani, is holding internal discussions about preparing to list Jio as soon as late 2018 ...

Read More »

India’s first National ID system boon for women

Bloomberg India’s adoption of its first nationwide identification system is helping empower the country’s women and driving increased use of banking services, according to the first study of the nationwide Aadhaar programme. Virtually all homes in the western state of Rajasthan have at least one bank account, and most have several, since the introduction of the Aadhaar programme, the Center ...

Read More »

Britain wants ‘virtually identical’ trade deal with EU after Brexit

Bloomberg International Trade Secretary Liam Fox said the UK would like a trading relationship with the European Union after it leaves the bloc that’s “virtually identical” to the one it has now. A trade deal similar to the current arrangements would ensure a smooth transition period, Fox said in in Buenos Aires while attending a World Trade Organization ministerial meeting. ...

Read More »

UK inflation climbs above 3%

Bloomberg UK inflation unexpectedly accelerated to the fastest in more than 5 1/2 years in November, which will force Bank of England Governor Mark Carney to explain why price growth is so far above his policy target. The 3.1 percent rate was stronger than economists had forecast and the highest since March 2012. The Office for National Statistics said that ...

Read More »

Facebook’s fake news fight does collateral damage for small sites

Bloomberg Cyrus Massoumi spent the last few years building exactly what he thought would thrive on Facebook: A series of inflammatory conservative websites, finely tuned to produce the most viral and outrageous version of the news. The social network rewarded him with an audience. Facebook Inc. now wants something different. Reacting to concerns about how fake news spread on its ...

Read More »
Send this to a friend