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Bloomberg ­Bank of England officials kept their key interest rate at a record low and said uncertainty stemming from Britain’s referendum on its European Union membership may hold back investment and economic growth. The nine-member Monetary Policy Committee, led by Governor Mark Carney, unanimously agreed to maintain the benchmark at 0.5 percent — where it’s been for seven years. The ...

DUBAI / Emirates Business Amanat Holdings PJSC, the region’s largest integrated healthcare and education company, has announced its net profit of AED50.6 million for the period since inception on November 17, 2014 to December 31 last year. Amanat reported total income of AED89.6 million, comprised mainly of AED57.3 million of gain and dividends from Al Noor Hospitals Group and an ...

ABU DHABI / Emirates Business Tadweer (The Center of Waste Management – Abu Dhabi) has launched a unique awareness campaign “Your Waste, Your Responsibility” at Khalifa Park involving over 1000 students from 50 government, private, foreign and Arabic schools across Abu Dhabi. This initiative has been organised in partnership with Averda and Lavajet, and in collaboration with a number of local ...

Tokyo / AFP Japanese exports to China rose for the first time in seven months in February, the government announced on Thursday, though analysts said the gain was distorted by the timing of the Lunar New Year holiday. China is Japan’s top trading partner, but the Asian giant’s economic growth has been slowing as Beijing tries to pull off a ...

Washington / AFP US President Barack Obama signed an order implementing UN-backed sanctions on North Korea after a nuclear test and missile launch this year, as Pyongyang promised reprisals. The White House said Obama had signed an executive order targeting the volatile hermit state’s energy, financial and shipping assets. The measures were agreed to at the United Nations in response ...

Maputo / AFP Mozambique’s arterial north-south highway has earned the moniker of a “ghost road” with former rebels staging regular raids ahead of a threatened power grab in the country’s centre this month. “We registered eight attacks by Renamo gunmen last week, which caused a total of three deaths—including a three-year-old—and 23 injured,” police spokesman Inacio Dina told a news ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, discussed with President of the Republic of Tajikistan, Emomali Rahmon, ways to strengthen the friendly relations between the two countries, as well as regional and international issues of mutual interest. This came when Sheikh Mohamed ...

Bloomberg Hillary Clinton took a monumental step towards clinching the Democratic party’s White House nomination, while Donald Trump’s seemingly unstoppable rush to victory hit a bump in Ohio. Trump on Tuesday won key Republican primaries in Illinois, North Carolina and Florida—where he thumped home state Senator Marco Rubio, who immediately announced he was suspending his presidential campaign. “This was an ...

Washington / AFP Barack Obama has warned that the 2016 White House race is damaging America’s image abroad, sounding the alarm on harsh campaigning that risks eroding gains made during his presidency. Lashing out at “vulgar and divisive rhetoric” in the race to replace him, Obama told a bipartisan group of lawmakers: “This is also about the American brand.” “We ...

Brussels / AFP A vast police operation was under way in Brussels on Wednesday after a Kalashnikov-wielding assailant was killed and four officers wounded during an anti-terror search linked to the Paris attacks. Federal prosecutors were to hold a news conference at 0930 GMT amid widespread media reports that two suspects were either arrested or still on the run, possibly ...