WASHINGTON / AP Lawyers for Washington state and Minnesota have told a federal appellate court that restoring President Donald Trump’s ban on refugees and travelers from seven predominantly Muslim countries would “unleash chaos again.” The filing with the 9th U.S. Circuit Court of Appeals in San Francisco came early Monday after the White House said it expected the federal ...
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ASSENT announces AED175mn expansion at Dubai Industrial Park
Dubai / Emirates Business Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the UAE-based Al Shafar Group of Companies, announced the expansion of its facilities located at Dubai Industrial Park. The expansion, which will result in one of the largest steel manufacturing companies in the ...
Read More »Vodafone-Idea India merger may give rival brands cheap spectrum
Bloomberg A merger under discussion between Vodafone Group Plc.’s India unit and Idea Cellular Ltd. would create a new leader in one of the world’s most competitive mobile-phone markets. For rivals, there’s a silver lining: bandwidth on the cheap. That’s because a transaction may compel the carriers to shed some spectrum and subscribers to ensure regulatory approval under India’s ...
Read More »Japan workers get wage hike first time in five years
Bloomberg The wallets of Japan’s workers ended up a bit fatter, with total earnings rising the most since 2010. Total pay rose 0.5 percent from the previous year to an average 3.78 million yen ($33,673), while the number of hours worked dropped. Regular workers saw an increase in pay, while part-timers, who are an increasingly large sector of the ...
Read More »Singapore plans slew of incentives to lure Aramco IPO
Bloomberg Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges compete for a slice of what could be the world’s largest-ever initial public offering. The island nation is studying proposals including inviting one of its state investment companies to become ...
Read More »Apple revives efforts to sell used iPhones in India
Bloomberg Apple Inc. has put back on the table a request to sell used iPhones in India as it negotiates with the government for concessions to start production in the country, a person familiar with the matter said. The company has asked to bring in used iPhones to be refurbished and sold in India, saying it will have the ...
Read More »Business leaders say Brexit already has negative effect
Bloomberg Brexit has already damaged businesses even before Prime Minister Theresa May triggers the start of Britain’s withdrawal from the European Union, according to a survey of the country’s largest companies. More than half — 58 percent — of the top executives at Britain’s biggest firms that responded to the Ipsos MORI “Captains of Industry†poll said the vote ...
Read More »UK property lures Mideast buyers on pound Brexit slump
Bloomberg Middle East investors, benefiting from a weak pound and rising oil prices, increased their spending in UK commercial property even as Brexit prompted buyers from every other region to shrink their spending. Investors from the region accounted for 24 percent of all overseas acquisitions in the fourth quarter compared with 10 percent a year earlier, according to data ...
Read More »UAE and Jordan review regional, global developments
Abu Dhabi /Â WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, discussed ways of enhancing bilateral co-operation with Ayman Al Safadi, Minister of Foreign Affairs and Expatriates of Jordan, in Abu Dhabi on Sunday. The two ministers also exchanged their views on the latest regional and global developments, along with how to ...
Read More »Cabinet approves new entry visa system to attract top talents
Abu Dhabi /Â WAM The UAE Cabinet, presided over by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, approved an integrated entry visa scheme to attract qualified and highly talented professionals to UAE. The implementation of the new system will be carried out over a number of phases. The first phase ...
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