Some European regulators have come up with a viable plan to alleviate the region’s chronic financial paralysis. If only European politicians, particularly in Germany, would listen. The European Union’s leaders have spent much of the past decade debating —but never fully resolving — what to do about the huge pile of bad loans that EU banks are sitting on, ...

  In what appears to be a change in strategy, Philippines Defense Secretary Delfin Lorenzana, Finance Secretary Carlos Dominguez and Justice Secretary Vitaliano Aguirre II visited the US aircraft carrier USS Carl Vinson patrolling the disputed South China Sea on the invitation of the US Navy. The visit marks a stark deviation from Philippines President Rodrigo Duterte’s independent foreign policy. ...

  Dubai / WAM The UAE Cabinet pursues leading approaches to excellence in government work, and relies on creative work and management teams that are committed to modernisation and innovation to meet world-class standards, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said on Monday. Stronger co-operation and co-ordination between local and federal ...

  Abu Dhabi / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, bestowed the First Class Order of Zayed II on Murray McCully, Minister of Foreign Affairs of New Zealand, in recognition to his efforts in strengthening joint bilateral relations and developing co-operation between the UAE and New Zealand. HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign ...

  Dubai / WAM The Telecommunications Regulatory Authority (TRA) is participating in the activities of Qatar’s Information and Communication Technology Exhibition and Conference, QITCOM 2017, in Doha. The conference is being held in the Qatari capital from March, 6-8 with the attendance of a group of decision-makers, entrepreneurs and experts from government entities and regional and international companies. Through this participation, ...

  Dubai / WAM The Mohammed bin Rashid Space Centre (MBRSC) has signed a Memorandum of Understanding (MoU) with the Korea Aerospace Research Institute (KARI) of South Korea with the goal of cooperating on various space-related activities and transferring expertise. The MoU was signed by Yousuf Hamad Al Shaibani, Director General of MBRSC and Dr. Gwang-Rae Cho, President of KARI. Commenting ...

  Dubai / WAM HeliConference Dubai 2017, the Middle East’s first dedicated conference that focusses on the helicopter industry, will be held in Dubai under the patronage of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum. Taking place on April 17-18, the Dubai HeliConference will be held at Al Maktoum Airport in ...

  Dubai / WAM The Dubai Financial Services Authority (DFSA) is enhancing its contribution to Dubai’s position as the leading regional leading hub for innovation through the publication of new a FinTech consultation paper. The paper is the third in a series, setting out the DFSA’s approach to the regulation of pioneering financial technology (FinTech) activities. The DFSA has been following ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced its participation in ITB Berlin – the World’s Leading Travel Trade Show – as part of the Emirate’s stand at the event and in collaboration with the Department of Tourism and Commerce Marketing (DTCM). The show will ...

  SEOUL / AP North Korea on Monday fired four banned ballistic missiles that flew about 1,000 kilometers (620 miles) on average, with three of them landing in waters that Japan claims as its exclusive economic zone, South Korean and Japanese officials said. The test-launches appeared to be a reaction to huge US-South Korean military drills that those countries consider ...