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RTA OKs AED150mn Deira island project

ABU DHABI / WAM In implementation of the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President, Prime Minister of the UAE and Ruler of Dubai, to start construction works in a series of roads & transit system projects, endorsed by His Highness during a recent visit to the Roads and Transport Authority (RTA), RTA has recently endorsed ...

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Proposal for major national life insurance company discussed

ABU DHABI / WAM The Insurance Authority is discussing a proposal to establish a major national life insurance company in which all licensed national companies will hold stakes, the insurance regulator said on Saturday. The proposal is based on the performance of life insurance market valued at AED8 billion where the share of foreign companies stands at 81 percent leaving ...

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Ireland braces for first-ever coalition

Ireland / Bloomberg Ireland’s two biggest parties may be forced to bury generations of conflict borne out of the nation’s civil war to form a grand coalition after Prime Minister Enda Kenny’s government suffered massive losses in election. Kenny’s Fine Gael secured 25 percent in Friday’s election, according to a poll for broadcaster RTE, released on Saturday. Traditional rivals Fianna ...

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