RAS AL-KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras al-Khaimah, has said that the UAE has managed to achieve an exceptional position in field of volunteer work due to the support of the wise leadership, led by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister ...

Dubai / Emirates Business Dubai Islamic Bank (DFM: DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, announced its first half results for the period ended June 30, 2017. The group net profit increased to AED 2,143 million (AED 2.14bn), up 7% compared with AED 2,004 million for the same ...

DUBAI / WAM The Dubai International Financial Centre (DIFC) Courts announced its partnership with Microsoft to drive digital transformation of the commercial courts’ systems in region and beyond. Building on a successful digital courts projects such as DIFC Courts’ Smart Small Claims Tribunal (SCT), DIFC Dispute Resolution Authority (DRA) signed a Memorandum of Understanding (MoU) with Microsoft during the International ...

DUBAI / WAM Emirates Central Cooling Systems Corporation, Empower, the world’s largest district cooling services provider, is to extend its support to the State of Green Economy report by Dubai Carbon Centre of Excellence (DCCE) as a Platinum Sponsor. The Green Economy report sheds light on Dubai’s accomplishments and achievements in developing and applying green economy charters throughout the different ...

DUBAI / WAM More than 6.8 million transactions have been conducted by the Business Registration and Licensing Sector (BRLS) at the Department of Economic Development (DED) Dubai, since its launch in 1997, a figure that underlines the sustainable growth posted by companies in various commercial activities and the competitiveness of the business sector in the emirate and the UAE at ...

Bloomberg The resignation of the head of France’s military has thrown the spotlight on President Emmanuel Macron’s lack of experience and may prove to be the first major test of his governing style. Following a public dispute with Macron over cuts to the defense budget, General Pierre de Villiers, chief of the general staff, said on Wednesday that he “no ...

Bloomberg Donald Trump clearly enjoyed watching the French tanks and planes go by at last week’s Bastille Day parade alongside Emmanuel Macron, but it’s France’s ability to wield influence off the battlefield that helps it surpass the US, according to a ranking of international clout. Since their respective elections, France’s international engagement and Macron’s popularity have helped France jump to ...

Bloomberg A week of plotting against Theresa May was capped by Labour leader Jeremy Corbyn taunting the British prime minister over the splits in her cabinet in their final encounter before Parliament goes on a summer break. The recess will come as a relief for May after she lost her majority in a botched election gamble that has left the ...

Bloomberg Iran will respond to any new US sanctions that violate the terms of the nuclear deal with countersteps, President Hassan Rouhani said on Wednesday, If the US wants “to implement sanctions under any pretext or excuse, the Iranian nation will respond accordingly,” he said in comments broadcast on state television. “When it comes to congressional legislation, our parliament will ...

Bloomberg The US Supreme Court dealt a blow to President Donald Trump on his embattled travel ban on Wednesday, rejecting his bid to bar entry by some people with family members already in the country. The 6-3 order by the justices—who last month let the president start restricting entry by people from six mostly Muslim countries—means the government must accept ...