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Bloomberg President Donald Trump has thrust the issue of illegal immigration back to the fore of his political rallies, gambling that his combative rhetoric can galvanize his Republican base ahead of next month’s pivotal midterm elections. But so far there’s scant evidence the divisive issue that helped carry him to victory in 2016 will do the same for his party ...

Sharjah / Emirates Business Top UAE officials will be sharing their insights and expertise on how to tackle the youth crisis in the Mena region at the two-day Investing in the Future Conference (IIFMENA 2018), that will take place in Sharjah on October 24-25. Organised by the UAE-based global humanitarian organisation, The Big Heart Foundation (TBHF) with key partners, UNHCR, ...

DUBAI / WAM The Business Registration and Licensing (BRL) sector of the Department of Economic Development (DED), Dubai, issued 13,825 new licences in the first nine months of 2018. Among the new licences issued, 61.2% were commercial, 36.4% professional, 1.2% related to tourism and 1.1% were industrial. The ‘Business Map’ digital platform of Dubai DED saw 204,319 business registration and ...

Abu Dhabi / WAM The Abu Dhabi City Municipality has launched a Geospatial Information Management System (GIMS), a sophisticated smart electronic system for soil database that contains all geotechnical, geophysical, hydrological and environmental data, displayed on interactive geological maps. The project has been undertaken in the context of the Abu Dhabi Emirate’s vision, a strategic plan designed particularly for the ...

Dubai / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, inaugurated an ambient air quality monitoring station at the headquarters of the Ministry of Climate Change and Environment in Dubai. The station has been developed in partnership with BDH Middle East, a leading global supplier of the widest range of chemicals, glassware, apparatus, lab instruments, ...

Bloomberg A Chinese push to conclude a new Asia-wide trade agreement this year is running into opposition from India fed partly by concerns over the fallout of Beijing’s deepening trade war with the US. The 16-country Regional Comprehensive Economic Agreement (RCEP) is the Beijing-backed rival to the Trans-Pacific Partnership (TPP), a vast regional pact once led by the US that ...

Bloomberg Over the past year, the fortunes of the two brothers at the helm of India’s wealthiest dynasty have grown apart — to about $40 billion apart. Elder sibling Mukesh Ambani, 61, toppled China’s Jack Ma as Asia’s richest man, after driving a telecommunications revolution in India that propelled his petrochemicals conglomerate Reliance Industries Ltd. into the $100 billion club. ...

Bloomberg The US charged a Russian woman with conspiring to interfere in both the 2016 and 2018 elections, marking the first criminal charges related to next month’s congressional midterm vote. Elena Alekseevna Khusy-aynova of St. Petersburg, allegedly served as the chief accountant for an operation known as “Project Lakhta,” the Justice Department said in a statement. The department identified the ...

Bloomberg Porsche AG’s chief financial officer said a share sale of most profitable unit could unlock value to echo Ferrari NV’s successful public offering and help the sports-car maker raise money if needed. The maker of the 911 model could easily be valued “between 60 billion and 70 billion” euros ($69.4-$81 billion), applying multiples for luxury-goods producers such as Ferrari, ...

Bloomberg A Sears liquidation would cost its real estate spinoff 47 percent of its annual rent income, or about $84 million in cash flow, according to regulatory filings. Seritage Growth Properties, a real estate investment trust, was created in 2015 by Sears Chief Executive Officer Eddie Lampert to be the property owner and landlord for select locations of Sears and ...