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Applications for ‘MRM Business Award’ open

Dubai / Emirates Business The Dubai Chamber of Commerce and Industry announced that applications are now being accepted for the Mohammed Bin Rashid Al Maktoum (MRM) Business Award and the MRM Business Innovation Award, which are open to all private companies in the UAE and GCC, regardless of their type, size, and sector (including non-free zone and free zone companies). ...

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DFM welcomes listing of Bahrain’s Khaleeji Commercial Bank shares

Dubai / WAM Dubai Financial Market (DFM), on Tuesday announced the listing of Bahrain’s Khaleeji Commercial Bank (KHCB), as trading commenced on the bank’s shares under the trading symbol “KHCB”, which appears on DFM screens, trading system and publications within the Banking Sector. This listing further strengthens the prominent position of DFM as the most favoured listing venue for leading ...

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Khalifa issues decrees to ratify bilateral pacts

Abu Dhabi / WAM His Highness Sheikh Khalifa also issued a number of federal decrees to appoint, transfer and promote several Emirati diplomats. The agreements that were ratified include an agreement between UAE and Slovakia to encourage mutual protection of investments, as well as two cooperation pacts with Oman on civil defence and international land transportation of passengers and goods, ...

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Dubai seeks to attract FDI at April investment meet

Dubai / WAM The Annual Investment Meeting (AIM) will take place at the Dubai World Trade Centre from April 9-11, 2018 with the participation of leaders, decision-makers and high-level local, regional and international government officials. The annual forum is one of the leading regional events on foreign direct investments (FDI), and is organised by the UAE Ministry of Economy under ...

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Trump’s ‘America first’ sees China, Russia as US rivals

Bloomberg President Donald Trump called Russia and China “rival powers” to the US but said he’ll continue to try to partner with them as he outlined a muscular foreign policy that attempts to turn his “America First” campaign pledge into statecraft. Trump’s first official national security strategy is in some ways little different from those of his predecessors. Its four ...

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Saudi shoots down Yemen rebel missile

Bloomberg Saudi Arabia said its air defenses intercepted a ballistic missile fired by Yemen rebels in the capital, Riyadh. Saudi Arabia is leading a military campaign against the Houthis in Yemen, and shortly after the missile launch, alliance aircraft struck Houthi positions south of the Yemeni capital, Sana’a. Saudi Arabia and Iran already support opposing sides in conflicts across the ...

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Barnier holds Brexit line as UK ministers ‘unite’

Bloomberg European Union Chief Negotiator Michel Barnier dug in and stressed a hardline trade position just as UK Prime Minister Theresa May’s key ministers were starting to unite behind a Brexit policy that may soothe rifts in her Cabinet. Barnier used an interview with the Guardian newspaper published to rule out a special carve-out for the UK financial services industry ...

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Australia PM names new cabinet team

Bloomberg Australia’s Prime Minister Malcolm Turnbull announced a new Cabinet team, seeking to rejuvenate his beleaguered government and capitalise on renewed momentum going into the new year. The revamp will see Attorney-General George Brandis be replaced by Christian Porter, Turnbull told reporters in Canberra on Tuesday. Michaelia Cash became minister for jobs and innovation, while Deputy Prime Minister Barnaby Joyce ...

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Louvre Abu Dhabi to host first special exhibition

Abu Dhabi / WAM Louvre Abu Dhabi’s first special exhibition, ‘From One Louvre to Another: Opening a Museum for Everyone’, will open to the public on December 21 and run until April 7, 2018. The exhibition traces the history of France’s Musee du Louvre in the 18th century through 150 paintings, sculptures, decorative arts and other works of art from ...

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ENOC wins ‘innovation business of the year’ award

Dubai / WAM Emirates National Oil Company Limited (ENOC) has won the Innovation Business of the Year award at this year’s edition of the MEED Awards in recognition of its Solar-Powered Stations which combines innovative design and smart solutions. Saif Humaid Al Falasi, Group CEO of ENOC, said, “We are happy to win this award and to continue playing an ...

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