July, 2017

• 25 July

  Deyaar to offer ‘free maintenance’ to underprivileged

  DUBAI / Emirates Business Deyaar Development PJSC, one of the UAE’s leading property development and real estate services companies, has launched Deyaar Al Khair, an initiative that will provide free maintenance services to underprivileged families across the country through its subsidiary, Deyaar Facilities Management (DFM). As part of its initiative, Deyaar has signed memorandums of understanding with the Beit Al …

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• 25 July

  House to add Russia sanctions with curbs on Trump’s power

  

  Bloomberg The US House is poised to vote on a bill to strengthen sanctions against Russia and prevent President Donald Trump from unilaterally lifting penalties, after the measure was delayed by procedural concerns and objections from energy companies. The measure, which was altered to ensure that oil companies can work on certain joint projects overseas, would also impose new sanctions …

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• 25 July

  Israel removing metal detectors from shrine in bid to end standoffs

  

  Bloomberg Israel began removing metal detectors from a contested Jerusalem shrine in a bid to quell violent Palestinian opposition, in a deal that also helped to end a diplomatic standoff with Jordan. The decision was part of a broader deal that allowed Israeli diplomats and embassy personnel in Jordan to return home late Monday following a deadly shooting at the …

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• 25 July

  Saudi bloc: Qatar’s action not enough to end crisis

  

  Bloomberg Qatar is falling short in its efforts to counter terrorism, the Saudi-led alliance said, an apparent setback to US mediation efforts after Secretary of State Rex Tillerson urged the bloc to ease its seven-week boycott of the Gulf nation. The group also added nine organizations based in Yemen and Libya as well as nine people from Qatar, Kuwait, Yemen …

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• 25 July

  Macron grasps initiative in Libyan row with Paris talks

  Bloomberg French President Emmanuel Macron was expected to meet on Tuesday with the head of Libya’s United Nations-backed government and the North African oil producer’s powerful eastern-based military commander in the latest attempt to seek a solution to their standoff. Macron’s office said the initiative is aimed at facilitating the work of UN special negotiator Ghassan Salame, who will also …

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• 25 July

  Polish PM vows to push on with court revamp after veto

  

  Bloomberg Poland’s prime minister vowed to redouble efforts to clamp down on “unaccountable” judges after the president vetoed parts of a judicial overhaul that touched off debate in the European Union over how to confront members who flout democratic values. In a blow to the Law & Justice party that backed his presidency, Andrzej Duda rejected bills to replace Supreme …

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• 25 July

  Third Aussie senator caught up in dual-citizenship fiasco

  Bloomberg Australia’s Resources Minister Matt Canavan has resigned after discovering that he may be in breach of the constitution because he is a dual Italian citizen. “According to the Italian government, I am a citizen of Italy,” Canavan, who was also minister for northern Australia, told reporters on Tuesday. Canavan’s mother, who was born in Australia but is of Italian …

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• 25 July

  Alphabet’s rising costs raise alarm on shrinking margins

  

  Bloomberg Initially investors celebrated a robust quarter from Alphabet Inc., driven by strong sales growth. Then they spotted a red flag: rising costs that could crimp margins going forward. The Google division generated most of the quarter’s revenue but paid out 22 percent of its $22.67 billion in sales in so-called traffic acquisition costs or TAC — payments to partners …

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• 25 July

  US working on ‘big, exciting’ UK trade deal: Trump

  

  Bloomberg President Donald Trump said the US and the UK are working on a potentially “big and exciting” trade deal and the relationship between the two countries is going to be “even better” after Brexit. Trump’s comments, made in tweets late on Monday and on Tuesday, came as UK Trade Secretary Liam Fox was in Washington to pave the way …

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• 25 July

  Factory production in UK hits two-decade high as exports grow

  

  Bloomberg UK factory production reached a two-decade high last quarter as optimism about export orders swelled to the highest since the 1970s. A Confederation of British Industry survey showed the volume of output rapidly grew in the three months to July, with the CBI index reaching its strongest reading since 1995. Factories are “upbeat in their expectations for overall demand …

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