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Germany warns UK that Brexit talks will be very difficult

  Bloomberg German Deputy Foreign Minister Michael Roth warned that the U.K.’s negotiations to leave the European Union “will be very difficult” and that Britain won’t be allowed to “cherry pick” the best that the bloc has to offer. “If the British want full market access but want to limit the access of workers from Germany, France or Poland, they ...

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Obama presses Congress for Zika funding as worries grow

  Bloomberg US President Barack Obama called on Congress on Saturday to step up funding to combat the Zika virus, warning that delay is putting more Americans at risk. Obama’s latest appeal, in his weekly radio address, came the day after the US authorities expressed deepening worry about the spread of the mosquito-borne virus, urging that all donated blood be ...

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Khalifa Port announces major expansion plan

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s ports and Khalifa Industrial Zone, on Saturday announced a major expansion plan in Khalifa Port. The expansion at Khalifa Port, one of the world’s fastest growing container, bulk cargo and roll-on roll-off vehicle transport ports, will add 1,000 metres of quay wall ...

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DEWA publishes ‘Sustainability Report’

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) published its third annual Sustainability Report 2015, as part of its strategy to enhance the competitiveness of the Emirate by transforming Dubai into a global hub for sustainable and green economy. “We are working to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ...

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MoF hosts ‘Woman and Innovation’ forum

  Abu Dhabi / WAM In line with national celebrations of Emirati Women’s Day, the Ministry of Finance (MoF) organised a forum titled “Woman and Innovation”, at its premises in Dubai. The forum aimed to highlight the country and the Ministry’s efforts to promote women’s empowerment across different fields. This commitment has led to the launch of a number of projects, ...

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Etihad Airways celebrates Emirati Women’s Day in Abu Dhabi

  Abu Dhabi / Emirates Business Etihad Airways has marked Emirati Women’s Day by announcing that more than half the UAE nationals employed by the airline are women, including nearly 50 pilots. Aisha Al Mansoori recalls being mesmorised by the aerial activity at Al Ain Air Show in 2007. Nowadays, she is one of those pilots, flying the largest passenger ...

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Abe pledges $30bn for Africa over next 3 years

  Bloomberg Japan will invest $30 billion to boost Africa’s economic growth and infrastructure over the next three years, Prime Minister Shinzo Abe said as he sought to win over national leaders already being wooed by China and the US. The Asian economy’s planned investment in the continent of 1.2 billion people shows it has “faith in Africa’s future,” Abe ...

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Agricultural bank plans to raise $12 billion over three years

  Bloomberg Agricultural Bank of China Ltd. said it will sell as much as 80 billion yuan ($12 billion) of Tier-2 securities over three years, joining the latest wave of fundraising by Chinese lenders. The bank needs to strengthen its capital buffers, President Zhao Huan told reporters in Beijing on Friday, adding that the lender aims to maintain a stable ...

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President Rousseff’s allies fight impeachment in Brazil turmoil

  Brasília / AFP Angry quarrels erupted at suspended Brazilian president Dilma Rousseff’s impeachment trial, while her key ally, Luiz Inacio Lula da Silva, faced corruption charges on a day of turmoil for Latin America’s largest country. Day two of Rousseff’s Senate trial in the capital Brasilia began with shouting matches that forced Supreme Court Chief Justice Ricardo Lewandowski to ...

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US, Russia move closer to new Syria ceasefire after talks

  Geneva / AFP Washington and Moscow have made key steps towards agreeing a new ceasefire in Syria, but a final deal has not been reached, US Secretary of State John Kerry and his Russian counterpart said after talks. Kerry and Russian Foreign Minister Sergei Lavrov made the comments after the marathon talks at a luxury hotel on the shores of ...

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