Dubai /Â WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) on Sunday opened the 9th Annual Best Practices Conference on Quality, Health, Safety, and Environment, at the Hyatt Regency Creek Heights. The conference was attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy, Waleed Salman, Executive Vice President …
Read More »Dubai / Emirates Business A recent circular has been distributed by the Real Estate Licensing Department of Dubai Land Department, outlining a new requirement for all real estate brokers operating in Dubai to verify real estate ownership data provided through the Dubai Brokers smart system. This circular has been issued as part of DLD’s ongoing efforts to establish a …
Read More »Abu Dhabi /Â WAM Dr. Mohammed bin Abdul Rahman Al Bishr, Saudi Arabia ambassador to the UAE, has said that about one million Saudi visitors toured the UAE last year. In a statement to Oloum Al Dar Economy programme of Abu Dhabi TV, he added that such visits were prompted by the social relations, common traditions and customs between the …
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Dubai / Emirates Business Mohammed bin Rashid Al Maktoum Foundation (MBRF) – part of Mohammed bin Rashid Al Maktoum Global Initiatives – is set to take part in the 68th edition of the Frankfurt Book Fair on October 19-23. Represented by Qindeel Printing, Publishing and Distribution, the Foundation is keen to attend the Fair – the largest of its …
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Bloomberg Foreign Secretary Boris Johnson said the U.K. shouldn’t prolong the process of withdrawing from the European Union, suggesting the government will formally trigger an exit by May of next year. Though Britain voted for Brexit in June, formal talks with the 27 other EU members can’t begin until Prime Minister Theresa May activates Article 50 of the bloc’s …
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Washington / AFP With spats over Apple and Deutsche Bank and squabbles about Airbus and Boeing, approaching elections on both sides of the Atlantic are exacerbating strains in US-European economic relations. The recent controversy over taxing the iPhone maker surely epitomizes the situation best. European authorities’ decision in late August to force the American giant Apple to pay $14.5 …
Read More »Kiev / AFP The scandal was complex but its outcome potentially simple — Ukraine tried to fiddle with its murky gas sector and upset its EU partners enough to freeze huge sums of financial help. The fight for control over a profitable company that transports Russia’s blue fuel to Europe also exposes the clan warfare and backstabbing that surrounds …
Read More »Los Angeles / AFP From real estate, to high-tech firms to entertainment giants, Chinese investments in the United States, notably California, are moving at a dizzying pace and are on course to smash records again this year. Chinese companies shelled out a record $15 billion last year in the US and that figure could more than double in 2016, …
Read More »Bloomberg Volkswagen AG’s former chief executive officer, Martin Winterkorn, approved a plan to disclose only partial information on the carmaker’s software rigging to U.S. authorities seven weeks before the scandal broke last year, Bild newspaper reported, citing newly uncovered documents. On July 28, 2015, Winterkorn signed off on talking points prepared ahead of an informal meeting with regulators in …
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San Sebastian / AFP Spain’s Basque country and Galicia went to the polls on Sunday in regional elections that may help unblock the long-lasting national political paralysis. The country is stuck in limbo, run by a government without full powers following two inconclusive elections which the conservative Popular Party (PP) won without an absolute majority, and which have seen …
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