February, 2016

• 28 February

  Waha Capital recommends cash dividend of 20%

  Abu Dhabi / WAM The Board of Directors of Waha Capital has recommended distribution of a cash dividend of 20 fils per share, equivalent to 20 percent of its paid-up capital, for eligible shares. Hussain Jasim Al Nowais, Chairman of Waha Capital, said, “Thanks to our increasingly diversified portfolio of investments, Waha Capital produced a strong performance in 2015 despite ...

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• 28 February

  DHA to host visiting doctors in March

  Dubai / Emirates Business In line with the Dubai Health Authority’s policy to continue providing specialized medical care to the population of Dubai, the Authority is hosting visiting doctors who are currently practicing medicine in countries such as Germany and Belgium. Abdulrahman Mohammad Al Owghani, Director of General Foreign Relations and Media Department at the DHA said that the doctors ...

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• 28 February

  SEDC, CEPEX to double volume of exports

  

  Sharjah / WAM The Sharjah Exports Development Centre (SEDC) affiliated to the Sharjah Chamber of Commerce and Industry (SCCI) and the Tunisian Exportation Promotion Centre (CEPEX) have discussed doubling the volume of exports of both sides through a series of initiatives and boosting their contribution to Gross National Income (GNI) in addition to exchanging experiences in supporting productivity and industry ...

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• 28 February

  ADX all set to offer ‘Registrar Services’

  

  Abu Dhabi / Emirates Business With a move to facilitate a sustainable economy, while also supporting the process of the integration of the various sectors, the Abu Dhabi Securities Exchange (ADX) will continue to strengthen its role and contribution to the growth, stability, and openness of the economy of the Emirate of Abu Dhabi, as well as to the effective ...

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• 28 February

  ADFG approved to redevelop iconic New Scotland Yard

  Abu Dhabi / WAM Abu Dhabi Financial Group (ADFG) on Sunday unveiled its stunning plans for the redevelopment of New Scotland Yard, a highly-desirable address known as “Ten Broadway”, following approval from the Planning Committee of Westminster City Council in London, UK. Northacre London will manage and develop the one million square feet project, creating a contemporary destination, comprising residential, ...

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• 28 February

  AJCCI to boost economic ties with Japan

  Ajman / WAM The Ajman Chamber of Commerce and Industry (AJCCI) has discussed ways to strengthen economic cooperation and investment opportunities for businessmen with the Embassy of Japan in Abu Dhabi in order to increase volumes of trade. This came during a visit by a delegation from the AJCCI to the headquarters of the Embassy of Japan in Abu Dhabi. ...

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• 28 February

  Britain’s future outside EU is rosy

  

  LONDON / Bloomberg Two of the leading U.K. government ministers campaigning for an exit from the European Union played up the prospects for Britain if it votes to leave the bloc, rejecting warnings from Prime Minister David Cameron and Chancellor of the Exchequer George Osborne. “Britain is a great country, the people here are inventive, innovative, and they will find ...

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• 28 February

  PM says supporters of exit are ‘extremely vague’

  

  London / Bloomberg Those in favour of the U.K. leaving the European Union are “extremely vague” when asked to set out a vision of life outside the bloc, Prime Minister David Cameron has said. Writing in the Sunday Telegraph, Cameron challenged supporters of an EU exit to set out what the U.K.’s trading relationship would look like after a possible ...

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• 28 February

  Macron defends French labour law

  

  PARIS / Bloomberg French Economy Minister Emmanuel Macron defended the government’s plans to overhaul the nation’s labour law, rebuffing a revolt from within the ruling Socialist Party by suggesting opponents are resisting all change in the face of an unemployment crisis. “The plan for France cannot be to change nothing,” Macron said in an interview published Sunday in le Journal ...

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• 28 February

  Irish PM Kenny pleads for time

  

  Bloomberg Ireland’s Prime Minister Enda Kenny pleaded for time and space to examine options to create a stable government, as the nation’s two biggest parties opened the door for an unprecedented grand coalition. Kenny’s Fine Gael secured 25 percent in Friday’s election, according to a poll for broadcaster RTE. Traditional rival Fianna Fail secured 21 percent. Under Ireland’s electoral system, ...

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