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Al Hamra Real Estate seals deal with ADCB for RAK projects

Dubai / Emirates Business Al Hamra Real Estate Development (AHRED), the leading and largest developer in Ras Al Khaimah, has unveiled details of a new partnership with Abu Dhabi Commercial Bank (ADCB), a first for the property developer, to provide mortgage facilities for its expanding portfolio of projects. The newly inked agreement will see ADCB offer mortgage provision for the ...

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Puerto Rico’s Cong rep hopes to amend debt crisis bill

San Juan / AP Puerto Rican Gov. Alejandro Garcia Padilla warned late on Saturday that he would challenge in federal courts and before the “community of nations” any law that he said would nullify the U.S. territory’s Constitution by concentrating government power in a body not elected by the people. Garcia Padilla was reacting to a draft of a U.S. ...

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USA seeks records of 80,000 Novartis ‘sham’ events for doctors

Bloomberg The U.S. is asking Novartis AG to provide records of about 80,000 “sham” events in which the government says doctors were wined and dined so they would prescribe the company’s cardiovascular drugs to their patients. The Swiss drugmaker and the Manhattan U.S. Attorney are engaged in a whistle-blower lawsuit that alleges Novartis provided illegal kickbacks to health-care providers through ...

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