ABU DHABI / WAM The UAE’s Ministerial Development Council, presided by HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, discussed the preparation of a global regulatory framework for Islamic finance as part of the UAE government vision to make the country a global centre for Islamic economy. The proposal includes setting comprehensive …

  ABU DHABI / WAM The United Arab Emirates condemned the terrorist attack which took place last night in the US city of Orlando, Florida State, killing 50 people and wounded others. In a statement on Monday, the Ministry of Foreign Affairs and International Cooperation announced its solidarity with the United States, reiterating its condemnation of terrorism in all its …

  Bloomberg Microsoft Corp said it will buy LinkedIn Corp in a deal valued at $26.2 billion, giving the world’s biggest software provider access to a virtual Rolodex of connected business professionals. Microsoft will pay $196 per share in an all-cash transaction, including LinkedIn’s net cash, is a 49.5 percent premium to LinkedIn’s closing price Friday. LinkedIn will retain its …