Abu Dhabi / WAM The Abu Dhabi General Services Company, Musanada, has revealed that work is progressing as planned across four infrastructure projects in Mohammed Bin Zayed city, as part of its efforts to achieve the objectives of the Abu Dhabi Plan, aiming to provide sustainable infrastructure for the community and economy of the emirate, in line with the best …

DUBAI / WAM Dubai’s economy is expected to expand further over the next two years after having outperformed global economic growth and defied downward trends that prevailed worldwide in 2016, said HH Sheikh Ahmed bin Saeed Al Maktoum, Second Deputy Chairman of the Executive Council and Chairman of Economic Development Committee. The results of Dubai Plan 2021 Annual Report ‘Dubai …

Dubai / WAM The Dubai Chamber members’ exports and re-exports surged to AED146.7 billion during 2017 H1, a growth of 6.1 percent from AED138.3 billion in the corresponding period last year, with the chamber’s total membership hitting 210,000 by the end of the same period, rendering it one of the world’s largest membership-based chambers of commerce. A total of 8897 …

DUBAI / WAM The Senior Management of Dubai Electricity and Water Authority (DEWA) has got firsthand experience of the progress of work at the Research & Development (R&D) Centre, at the Mohammed bin Rashid Al Maktoum Solar Park, in Seih Al-Dahal, Dubai as part of a regular follow-up of DEWA’s essential projects. Saeed Mohammed Al Tayer, MD & CEO, DEWA, …

DUBAI / WAM Driven by gains held by banking and investment sectors as well as some property companies, Dubai Financial Market (DFM) initiated week’s trades on an improvement note after experiencing a regular profit-booking spree on Thursday, closing 0.64% up at 3596 points, with Abu Dhabi Securities Exchange edging slightly down 0.39% to 4534 points amid overall stable trading conditions. …

Bloomberg The Trump administration “supports” the current version of a bill to sanction Russia for its actions during the 2016 elections that could soon land on President Donald Trump’s desk for a signature, the White House press secretary said. Sarah Huckabee Sanders’ comments came after Republican and Democratic leaders in the House reached a tentative deal to move ahead this …

Bloomberg A senior official in the Saudi-led alliance said Qatari officials must revise their policies before direct talks to resolve the crisis could begin. While dialog is important, it should be based on a Qatari “review of actions,” United Arab Emirates Minister of State for Foreign Affairs Anwar Gargash said on Twitter. “Repeating the same positions deepens the crisis,” he …

Bloomberg Philippine President Rodrigo Duterte won a Congressional vote on Saturday to extend martial law in the southern island of Mindanao, strengthening his legislative hand in the year ahead. With government troops battling IS-linked militants in Marawi City, the House of Representatives voted 245 to 14 in favour of extending martial law until the end of the year. Senators approved …

Bloomberg German President Frank-Walter Steinmeier said Chancellor Angela Merkel’s government is right to act against what he called unacceptable Turkish policies under President Recep Tayyip Erdogan, who he said seeks to quench the country’s opposition. “Many who have worked cooperatively with him and his party in the last few years are now being persecuted, are thrown in jail, are being …

Bloomberg President Emmanuel Macron’s approval rating fell sharply in the past month as French voters were either confused by plans for the tax system, shocked by a dispute with the head of the army or unsettled by upcoming labor laws reform, an Ifop pollster told Journal du Dimanche. The rating for Macron, elected in early May, fell 10 percentage points …