Dubai / WAM The economic development in the UAE accelerated with the integration of federal and local laws and regulations, along with the world-class infrastructure in the country, Vice President, Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has said. He added, this has established the foundations for a strong and diversified economy ...
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Inaugural happiness journey launched
Dubai /Â WAM The nation-wide celebrations to mark the International Day of Happiness, which the National Happiness and Positivity Programme organised under the patronage of HH Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, kicked off on Saturday with the inaugural Happiness Journey at the Dubai Water Canal. In her opening ...
Read More »GOP bill threatens to throw free-care burden on hospitals
Bloomberg The Republican replacement for the Affordable Care Act revives an expensive problem for US hospitals: Who pays for the uninsured? Hospitals such as Tenet Healthcare Corp. and Community Health Systems Inc. have been on a roller-coaster since the inauguration of President Donald Trump, who said during his campaign that “everybody’s got to be covered.†The latest Republican bill ...
Read More »Mining’s biggest loser Lonmin is burning cash to stay alive
Bloomberg For most of the mining industry, 2017 is turning out to be another good year. The big exception is Lonmin Plc. Investors are losing confidence in the world’s third-largest platinum producer as it burns through cash to stay afloat, just 15 months after raising about $400 million from shareholders. Platinum prices aren’t far from a seven-year low and ...
Read More »China home price rises gain speed, defy purchase curbs
Bloomberg China home prices rose last month in more cities despite increased restrictions on property transactions by local authorities. New home prices, excluding subsidized housing, gained in February in 56 out of 70 cities tracked by the government, compared with 45 in January, the National Bureau of Statistics said Saturday. Prices climbed in 67 out of 70 cities from ...
Read More »Singapore exports surge fastest in 5 years, beating forecasts
Bloomberg Singapore’s non-oil domestic exports increased at the fastest pace in five years in February, adding to signs of a recovery in the trade-dependent economy. Non-oil domestic exports rose 21.5 percent in February from a year ago, International Enterprise Singapore said in a report. The median estimate of 18 economists surveyed by Bloomberg was a 12.5 percent increase. Electronics ...
Read More »EU ruling out Britain trade talks before Brexit bill deal
Bloomberg European Union officials are ruling out any discussions with UK Prime Minister Theresa May over a post-Brexit trade deal until she agrees to settle Britain’s financial commitments to the bloc. In a sign the EU is toughening its stance as Britain prepares to trigger two years of negotiations, two European officials familiar with the plan said in the ...
Read More »US manufacturing production rises for sixth straight month
Bloomberg Output at US manufacturers rose in February for a sixth consecutive month, underscoring a sustained rebound in the industry. The 0.5 percent gain at factories, which make up 75 percent of overall industrial output, matched the prior month’s advance, marking the best back-to-back performance in three years, a Federal Reserve report showed. Total industrial production, which includes mines ...
Read More »UAE, US discuss bilateral ties
WASHINGTON /Â WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, held separate meetings with Paul Ryan, Speaker of the US House of Representatives, and Ed Royce, Chairman of the House Foreign Affairs Committee, in Washington DC. During the two meetings, the parties discussed means of boosting joint bilateral relations between the two ...
Read More »Mohammed stresses on importance of education
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, visited the Global Education Supplies and Solutions Exhibition (GESS), organised by the Ministry of Education, at the Dubai World Trade Centre on Thursday morning. HH Sheikh Mohammed bin Rashid visited more than 500 public and private sector pavilions of ...
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