ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued Federal Decree-Law No. 14 of 2018 regarding the ‘Central Bank and Organisation of Financial Institutions and Activities’. The provisions of this law does not apply to the Financial Free Zones in the State and the financial institutions regulated by the authorities of those zones. On ...

ABU DHABI / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), has signed a Memorandum of Understanding (MoU), with the Industrial Development Bureau (IDB), of the Abu Dhabi Department of Economic Development (DED), to support strategic industrial projects, expands the region’s industrial sector, and promote economic diversification. The agreement was signed by Khalifa bin Salem Al Mansouri, Under-Secretary ...

Bloomberg Donald Trump condemned “all forms of evil,” including anti-Semitism, after a mass shooting at a synagogue in Pittsburgh left 11 people dead in what’s being investigated as a hate crime. “We mourn for the unthinkable loss of life that took place today,” the president told a gathering of young farmers in Indianapolis, pledging the full resources of his administration ...

Bloomberg President Donald Trump plans to hold campaign rallies in eight states next week in a final push ahead of November elections that will determine whether Republicans retain control of Congress, a White House official said. Trump will travel to Missouri, West Virginia, Montana, Indiana, Ohio, Georgia, Tennessee and Florida in the final days before the November 6 vote, the ...

Bloomberg Georgia’s final election for president was too close to call and a runoff appeared likely, according to an independent exit poll on Rustavi 2 television. The poll by Edison Research showed Grigol Vashadze of the Strength in Unity grouping of opposition parties and Salome Zurabishvili, backed by the ruling Georgian Dream party, each with 40 percent. Davit Bakradze of ...

Bloomberg The first summit on Syria to bring together the leaders from Germany, Russia, Turkey and France ended with a new appeal for a political solution to the country’s seven-year war but sidestepped more contentious issues including the future of Bashar al-Assad’s regime. A joint communique after talks in Istanbul called for a committee to be established and convened in ...

Bloomberg The UK government would need new tax and spending plans and may have to extend austerity policies if it fails to secure a deal with the European Union, Chancellor of the Exchequer Philip Hammond said. With analysis last week showing a no-deal Brexit would drag the economy to a near standstill next year, Hammond said “frankly, we’d need to ...

Bloomberg Thailand’s main opposition Pheu Thai Party picked acting head Viroj Pao-in as its leader ahead of a general election expected in 2019 after more than four years of military rule. Viroj, a police lieutenant general, was the only name on the leadership ballot, the party said in a briefing on Sunday. The party added it will decide later if ...

Bloomberg China’s government has told at least two of its state oil companies to avoid purchasing Iranian oil as the US prepares to impose sanctions on the Persian Gulf state, according to people with knowledge of the matter. The freeze on imports by China National Petroleum Corp. (CNPC) and Sinopec is temporary and purchases may resume depending on the outcome ...

Bloomberg Lawyers for Exxon Mobil Corp. stood before a New York judge and told the state’s attorney general to “put up or shut up” after spending three years investigating the company’s public disclosures about climate change, saying authorities should sue the energy giant or move on. Attorney General Barbara Underwood filed a fraud lawsuit against Exxon in state court in ...