April, 2016

• 7 April

  MoF’s initiative to support Arab countries

  Abu Dhabi / WAM The UAE, represented by the Ministry of Finance (MoF), presented a new initiative for developing innovative programmes that support Arab countries with the current economic and financial challenges, and contribute to the overall economic development. This initiative falls in line with the support provided by Arab financial institutions to Arab countries in transition, to help them ...

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• 7 April

  Etisalat takes orphans to enjoy ‘Disney Festival’

  

  Abu Dhabi / Emirates Business Etisalat invited 150 orphans from charitable foundations across the country to attend the preview of the ‘Disney Live Mickey Music Festival’ at Dubai World Trade Centre. The interactive show saw 25 well-known characters performing songs from some of the best-known Disney blockbusters from ‘Aladdin’ to ‘The Little Mermaid’ and ‘Toy Story’. The musical featured the ...

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• 7 April

  Jewellery show’s growth wows foreign partners

  

  Sharjah / Emirates Business Key partners of Expo Centre Sharjah are in awe of the growth achieved by the MidEast Watch & Jewellery Show and are planning to scale up their participation in the future. The MidEast Watch & Jewellery Show, which is under way at Expo Centre until April 9, is celebrating its landmark 40th edition and has become ...

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• 7 April

  Masdar Free Zone drives diversification

  New office real estate in the pipeline will address the market demand for space. Offering 16,634 square metres of Gross Floor Area (GFA), a six-floor multi-tenant office block will be delivered by the end of next year within the existing first phase of the development by UAE-based Tristar Real Estate. The Accelerator 1 building, being built by Masdar as part ...

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• 7 April

  First Gulf Properties’ marks World Health Day 2016

  

  Abu Dhabi / Emirates Business Tenants encouraged their children to join them in several health activities on a mission to promote public health safety. The activities were part of First Gulf Properties’ (FGP) World Health Day Celebration. The event, which took place at the Al Yassat Compound Health Club helped to raise awareness about the importance of leading a healthy ...

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• 7 April

  Probe over Malaysian fund finds billions in murky payments

  

  Malaysia / AFP A Malaysian parliamentary report released on Thursday said a state-owned fund linked to Prime Minister NajibRazak made more than $3 billion in unexplained overseas payments and called for the fund’s former CEO to be investigated. The report presented to parliament by its Public Accounts Committee (PAC), which has examined the affair, marked the first time an official ...

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• 7 April

  Zuma’s ex-wife touted as possible S African president

  

  Johannesburg / Bloomberg With South African President Jacob Zuma facing growing calls to resign over a series of corruption scandals, attention is turning to one potential contender to succeed him—his former wife. NkosazanaDlamini-Zuma, 67, is a long-standing heavyweight in the ruling African National Congress (ANC) party, holding several ministerial positions since the end of white-minority rule in 1994. Confirmation last ...

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• 7 April

  Turkey won’t implement deal if EU falls short: Erdogan

  Ankara / AFP Turkish President RecepTayyipErdogan on Thursday warned the European Union that Ankara would not implement a key deal on reducing the flow of migrants if Brussels failed to fulfil its side of the bargain. “There are precise conditions. If the European Union does not take the necessary steps, then Turkey will not implement the agreement,” Erdogan said in ...

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• 7 April

  Sweden charges man for preparing suicide bomb

  STOCKHOLM / AP A 20-year-old Swedish national has been charged with preparing to a make a suicide bomb, a prosecutor said on Thursday. Prosecutor EwamariHaggkvist says the suspect, who denies the charges, “could have seriously hurt Sweden.” “He told relatives he had sympathies for (the Islamic State group) and would blow himself up for them in Sweden,” Haggkvist told The ...

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• 7 April

  Iraqi forces enter center of IS-held western town

  BAGHDAD / AP Iraq’s elite counterterrorism forces say they have entered the center of a strategically important western Islamic State-held town. Government forces reached the center of Hit on Wednesday. The operation to retake the small Euphrates river town — initially launched last month — was stalled by politics, heavy IS resistance and tens of thousands of trapped civilians. Iraqi ...

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