Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has offered his condolences on the death of the UAE serviceman, First Lieutenant Mohammad Obaid Al Hammoudi, martyred in Yemen while carrying out his national duties as part of Operation Restoring Hope. Sheikh Mohammed, accompanied by H.H. Sheikh Hamdan bin ...
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Syria peace talks muddied as Kurds declare federal region
Geneva / AFP Talks to end Syria’s brutal five-year conflict were rattled on Thursday by uncertainty surrounding the arrival of a second opposition group and the declaration by Syria’s Kurds of an autonomous region. UN mediator Staffan de Mistura met for the first time late Wednesday with an umbrella delegation including the so-called Moscow Group, which is demanding an equal ...
Read More »BoE keeps key rate at 0.5%, says Brexit may hit spending
Bloomberg ÂBank 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 ...
Read More »Amanat Holdings posts AED50.6 million profit
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 ...
Read More »Tadweer launches ‘Your Waste, Your Responsibility’ awareness campaign
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 ...
Read More »Japan exports to China rise in Feb
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 ...
Read More »Obama moves with sanctions on N Korea
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 ...
Read More »Mozambique unrest turns key highway into ‘ghost road’
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 ...
Read More »UAE, Tajikistan keen to boost economic ties
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 ...
Read More »Clinton, Trump move closer to White House nominations
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 ...
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