ABU DHABI / WAM The Board of Directors of the UAE Central Bank held its seventh meeting for 2018 on Sunday, under the chairmanship of Khalifa Al Kindi, Chairman of the Board. During the meeting, which was held at the Central Bank’s premises, the board reviewed a memo regarding the Macro Prudential Policy stance report – Q2 2018, and instructed ...

RAS AL-KHAIMAH / WAM Ras Al Khaimah International Airport officially inaugurated its new-look Duty Free shopping area, following extensive renovations. Senior officials from the Ras al-Khaimah government, RAK International Airport management, and Ras al-Khaimah Tourism Development Authority (RAKTDA), presided over the ribbon cutting ceremony and unveiled the remodelled stores. The Duty-Free retail space in Departures and Arrivals terminals were upgraded ...

ABU DHABI / WAM The third annual Atlantic Council Global Energy Forum will be held in Abu Dhabi on January 12-13, 2019, again kicking off Abu Dhabi’s Sustainability Week. The two-day event gathers international and regional political, industry, and thought leaders to set the global energy agenda for the year and examine the longer-term geopolitical and geo-economic implications of the ...

Bloomberg He’s a white, 10-term incumbent in a majority-minority district. She’s two decades younger and wants to be the state’s first black woman elected to Congress. The Democrats vying in a Tuesday primary for a Boston area US House seat—incumbent Mike Capuano, 66, and Boston City Councilwoman Ayanna Pressley, 44—highlight a choice the party has been confronting around the country: ...

Bloomberg A Myanmar judge sentenced Reuters journalists Wa Lone and Kyaw Soe Oo to seven years in prison on Monday after they were found guilty of breaching the country’s Official Secrets Act. The two reporters were arrested on December 12 after police accused them of violating the 1923 law by acquiring “important secret papers” from two policemen. They both pleaded ...

Bloomberg French President Emmanuel Macron said Russian leader Vladimir Putin’s vision for the future is to dismantle Europe, and that the giant eastern neighbour doesn’t share the same human rights values as the Old Continent. “I do respect Vladimir Putin and I am one of the leaders who says we need to construct a new security and defense architecture with ...

Bloomberg Palestinian Authority President Mahmoud Abbas told a group of Israeli lawmakers and activists that President Donald Trump’s negotiating team had asked whether he would agree to a confederation with neighboring Jordan. Peace Now’s executive director Shaqued Morag, who attended the meeting, said Abbas told the US that he would agree to a trilateral confederation that includes Israel. Decades ago, ...

Bloomberg Eritrea says it will cut the size of its army as part of changes to a system of mandatory national service that the United Nations blames for propelling tens of thousands of people to flee to Europe and neighbouring countries. The official end to a two-decade war with neighbouring Ethiopia means the country that sits on a key shipping ...

Bloomberg Brazil’s imprisoned ex-leader Luiz Inacio Lula da Silva is meeting with his aides on Monday to map out his party’s next moves after the country’s top electoral court banned him from running for president in October. Former Sao Paulo Mayor Fernando Haddad, Lula’s running mate and likely successor in the race, is in the southern city of Curitiba, where ...

Bloomberg Mark Read is stepping out from the shadow of WPP Plc founder Martin Sorrell as the advertising giant’s new chief executive, and he has a clear message: change is coming. “There are no sacred cows,” Read said in a phone interview, shortly after WPP confirmed his appointment on Monday. In an unusually lengthy statement, Read promised renewal and a ...