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DUBAI / WAM Seventeen new judges including five Emiratis at the Dubai first instance courts have sworn-in before His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, at Zabeel Palace. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and ...

DUBAI / WAM The Library of Alexandria has established the Arab Reading Challenge (ARC) wing with 150,000 books in various genres including fiction, history, science and more. The initiative was launched under the Mohammed bin Rashid Al Maktoum Global Initiatives, with the signing of an agreement between Arab Reading Challenge and the Library of Alexandria. Saeed Al Eter, Assistant Secretary-General ...

Dubai / Emirates Business Emirates NBD on Wednesday announced the signing of an agreement to offer clearing services to UAE-based brokerage firm Shurooq Stocks and Bonds. Emirates NBD is the first UAE-based financial services entity to be approved by the Securities and Commodities Authority, SCA, as a ‘General Clearing Member’ providing clearing and settlement services to trading participants of the ...

Abu Dhabi / WAM Abu Dhabi Airports signed on Wednesday a Memorandum of Understanding (MoU), between Abu Dhabi International Airport (AUH), and Beijing Capital International Airport (BCIA), to become sister airports, strengthening the cooperation and ties between the two international aviation hubs. Abdul Majeed Al Khoori, Acting Chief Executive Officer of Abu Dhabi Airports and Liu Xuesong, Chairman of BICA ...

ABU DHABI / Emirates Business Miral announced on Wednesday the appointment of BAM International as it’s chosen main contractor for the arena, plaza, and nearby retail and F&B spaces planned for the upcoming Yas Bay development. The development of the arena has started earlier this year, and is scheduled for completion by end of 2019. The arena is part of ...

Bloomberg Homeowners in states with the highest property taxes are looking to prepay 2018 bills ahead of a $10,000 cap on the deduction for state and local levies, including property taxes, in the GOP tax overhaul President Donald Trump just signed. In New York, residents are peppering local officials with questions about how to prepay their 2018 property tax bills ...

Bloomberg / Emirates Business UK Prime Minister Theresa May refused to rule out running for another term in 2022 as she shrugged off suggestions that 2017 has been the worst year of her political career. The other 27 leaders in the EU agreed in December 2017 that “sufficient progress” had been made to allow Brexit talks to proceed to the ...

Bloomberg Hyundai Heavy Industries Co., the world’s second-biggest shipbuilder, fell by a record following its plan to raise about $1.2 billion selling new shares for working capital. Hyundai Heavy intends to sell 12.5 million new shares before the end of March at an estimated price of 103,000 won each, a discount of about 24 percent to the closing level. The ...

Bloomberg From mobile phones to furniture, Vietnam’s export boom shows no signs of losing steam, defying a gloomy outlook at the beginning of the year when US President Donald Trump persisted with his trade threats. Furniture maker Xuan Hoa Viet Nam Co. is planning for a 20 percent increase in export orders next year by investing $3 million on equipment ...

Bloomberg Almost two dozen government troops were killed in South Sudan during fighting, just a day after a cease-fire agreement came into effect, according to the main rebel group. The nation’s army and rebels last week agreed to cease hostilities from midnight December 24, in a bid to end three years of violence that’s claimed tens of thousands of lives ...