Abu Dhabi / WAM American investors rank in first place among foreign investors in the Abu Dhabi Securities Exchange (ADX), in terms of net investment in 2016 and H1 2017, with AED2.2 billion and AED960 million, respectively, said Rashed Al Blooshi, Chief Executive of ADX, during a briefing about the exchange at the American Chamber of Commerce, Abu Dhabi (AmCham). ...

Dubai / WAM Latest Dubai Customs statistics revealed that the department received 129 suggestions and 948 enquires during the first half of 2017. Positive feedback on Dubai Customs services and products and the rate of commendation rose to 76 from 22 in the same period in 2016, a 250 percent rise. The number of ideas and innovations submitted by clients ...

DUBAI / Emirates Business This year Mitsubishi is celebrating its 100th year of success and innovation anniversary. Al Habtoor Motors, Mitsubishi’s official dealer in the UAE, marks the automobile giant’s achievement with the Mitsubishi Super Win promotion – a special treat for its customers. One of the biggest promotions till date, Mitsubishi customers can look forward to great winnings, never-before ...

DUBAI / WAM In line with the decision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan to declare 2017 as the “#Year of Giving”, and the global vision of endowment adopted by Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Mohammed bin Rashid School of Government (MBRSG), announced the ...

Bloomberg Spanish police in riot gear smashed in the doors of polling stations and dragged protesters away by the hair, beating some with batons and firing rubber bullets at others on Sunday as they tried to shut down an illegal referendum on independence in Catalonia. Despite the force of the police against peaceful demonstrations, voting began in many locations across ...

Bloomberg Nigerian President Muhammadu Buhari said the government won’t allow Africa’s most populous country to break apart amid growing calls for secession by “irresponsible” groups. “We cannot and will not allow such advocacy,” Buhari said in a national broadcast on Sunday to mark Nigeria’s 57th anniversary as an independent nation. “At all events, proper dialogue and any desired constitutional changes ...

Bloomberg Philippine President Rodrigo Duterte dismissed allegations he’s hiding hundreds of millions of pesos in his bank accounts, calling them “lies” and vowing to snub a probe into his wealth initiated by the country’s top anti-graft agency. In a profanity-laced speech before lawyers in his hometown of Davao City, Duterte said his lifetime savings don’t exceed $786,0000. The savings come ...

Bloomberg UK Prime Minister Theresa May is battling to assert her authority over a divided Conservative Party as she faces calls to quit as its leader before the next general election. While May insists she will fight on, a former party chairman said she could not be allowed to stay until the next election in 2022, amid reports that Foreign ...

Bloomberg Europe’s disaster-relief chief leans back in a chair in his Brussels office and fires off a warning: President Donald Trump’s plan to slash US international aid could undermine global geopolitical stability—and threaten America’s interests. The admonition by Christos Stylianides, the European Union commissioner for crisis management, highlights the extent to which Europe is grappling with Trump’s “America First” policy. ...

Bloomberg Two women were killed at Marseille’s Saint Charles train station by a man wielding a knife and crying “Allah Akabar.” The man was shot dead by soldiers. Prosecutors opened a terrorism investigation into the attack, which happened just outside the southern French city’s train station at about 1.45 pm on Sunday. One woman’s throat was cut, and the other ...