December, 2019

• 15 December

  Markets may rally as tariff relief outshines trade-pact letdown

  

  Bloomberg Even though it wasn’t the trade deal some analysts hoped for, China dodged more tariffs, and that may be enough to spur a market rally. The onshore yuan may rise and the Australian dollar will be boosted by a potential advance in crude oil and industrial metals, according to Vijay Valecha, chief investment officer at Century Financial Consultancy in ...

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• 15 December

  Renault offers SEAT’s De Meo CEO position

  Bloomberg Renault SA offered Luca de Meo, who heads Volkswagen AG’s Spanish brand, the role of chief executive officer of the French carmaker, La Vanguardia reported, citing unnamed officials at the company. Renault has also told De Meo, who runs SEAT, that within two years he could take the helm of the group’s alliance with Nissan and Mitsubishi. Bloomberg previously ...

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• 15 December

  Etisalat launches 2nd edition of ‘Hello Business Pitch’ competition

  

  Abu Dhabi / Emirates Business Etisalat on Sunday announced the launch of the second edition of Hello Business Pitch competition, designed to encourage entrepreneurs and homegrown Small and Medium Businesses (SMBs) to build and grow their business. Following the successful response to the competition in 2018, Etisalat has renewed its commitment towards empowering entrepreneurs to turn their ideas into real ...

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• 15 December

  MBRSG holds ‘Future Trip 3’ programme in London

  

  Dubai / WAM The Mohammed bin Rashid School of Government (MBRSG), organised the third station of the third edition of its ‘Future Trip’ programme, in the form of a field trip to London, bringing together leaders of the first and second tiers from the federal and local governments, as well as the private sector. The five-day visit sought to facilitate ...

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• 15 December

  Suez prepares to host sixth Zayed Charity Marathon

  ABU DHABI / WAM The Zayed Charity Marathon is set to take place in the Egyptian city of Suez on December 27, in cooperation with the Egyptian Ministry of Youth and Sports. The marathon reflects the love and sporting cooperation between the UAE and Egypt. Local officials and heads of districts have routed the marathon’s path along an eight kilometre ...

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• 15 December

  Islamic Conference of Health Ministers opens

  Abu Dhabi / WAM The seventh session of the Islamic Conference of Health Ministers kicked-off in nation’s capital on Sunday, with ministers and high-level member representatives from 40 Islamic states taking part in the event. The two-day conference, hosted by the UAE Ministry of Health and Prevention (MoHAP), in collaboration with the Organisation of Islamic Cooperation (OIC), is themed ‘Quality ...

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• 15 December

  AIM 2020 to highlight shifting global investment landscape

  

  Dubai / WAM The UAE Ministry of Economy has announced that the 10th edition of the Annual Investment Meeting (AIM), will be held from March 24-26, 2020, in Dubai. The tenth edition is themed, ‘Investing for the Future: Shaping the Global Investment Strategies’, and will highlight the shifting global investment landscape. Praising the expanded network of AIM 2020, Abdullah Al ...

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• 15 December

  Arab-Russian cultural dialogue held in Moscow

  

  ABU DHABI / WAM The Sheikh Zayed Book Award organised a panel discussion in Moscow to highlight the pivotal cultural role of the Russian-Emirati cultural dialogue. Held at the Ritz-Carlton, Moscow, the Arab-Russian Cultural Dialogue event further aimed to introduce Russian audiences to Sheikh Zayed Book Award initiatives and attract further nominations to its annual award. Maadhad Hareb Al Khaili, ...

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• 15 December

  Impeachment vote key test for vulnerable House Dems

  

  Bloomberg The year-old Democratic majority in the US House faces its toughest test now that the chamber has locked in a vote on impeaching President Donald Trump next week. It’s a step that many moderates in the party had hoped to avoid. The Democrats who flipped Republican seats in 2018 to give Speaker Nancy Pelosi her gavel have helped pass ...

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• 15 December

  Congress mulls reviving tax breaks prized by ADM, Tesla

  

  Bloomberg US lawmakers led by Senate Finance Committee Chairman Charles Grassley are negotiating a potential revival of expired tax breaks in last-minute negotiations over a government spending bill. The talks are focussed on reinstating the so-called tax extenders, a move that could be a boon to the biofuel and short-line railroad industries that were hoping to see renewal of valuable ...

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