October, 2019

• 15 October

  Spain runs electoral math with Barcelona

  

  Bloomberg Protesters continued to disupt rail and road travel as unrest flickered across Catalonia a day after a Madrid court handed down jail sentences totalling 100 years to separatist leaders who tried to split the region from Spain in 2017. Demonstrators blocked several highways while the high-speed rail service north of Barcelona to Girona was disrupted by damage to the ...

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• 15 October

  France says UK made serious Brexit proposal

  Bloomberg The French government believes that the UK presented a “serious proposal” to exit the European Union, though it is too early to say if there will be a deal by the European summit later this week. The situation regarding Brexit must be clear before the EU leaders meet on Thursday in Brussels, about two weeks prior to the October ...

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• 15 October

  Vulnerable Trump gives Democrats an opening

  

  Bloomberg US Democratic presidential aspirants were expected to take the debate stage in Ohio armed with a battery of fresh ammunition against Donald Trump. Trump’s would-be challengers will be targeting a president who’s the subject of a deepening House impeachment inquiry and whose whiplash foreign policy in Syria is drawing withering criticism, even from some in his own party. Look ...

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• 15 October

  Dubai offers instant VAT refunds for Chinese tourists

  

  Dubai / Emirates Business Chinese tourists to Dubai can now benefit from instant VAT refund capabilities at Dubai Airports via the We Tax Refund on the WeChat Mini Program, launched by Chinese tech giant, Tencent, and international payments service provider, Planet. With the support of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), the new integrated service provides a ...

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• 15 October

  SCA seeks feedback on draft crypto assets rule by October 29

  

  ABU DHABI / WAM The Securities and Commodities Authority (SCA), posted draft regulations concerning crypto assets on its website, in line with its efforts to regulate and develop capital markets operating in the UAE. In a statement, the Authority urged all relevant parties including investors, brokers, financial analysts, researchers, media personnel, and others to provide their feedback and input on ...

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• 15 October

  Adnoc awards Lukoil 5% stake in gas concession

  

  Abu Dhabi / WAM The Abu Dhabi Government and the Abu Dhabi National Oil Company (Adnoc), awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (Lukoil), a five percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma and other offshore sour gas fields in the Emirate of Abu Dhabi. At the same time, Adnoc, ...

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• 15 October

  UAE’s 10-year strategy to attract investments in space sector

  

  ABU DHABI / WAM The UAE Space Agency (UAESA), announced the details of its National Space Strategy 2030 and National Space Investment Plan, complementing the regulatory and legislative framework of the UAE’s national space sector and in line with the strategic objectives of the Agency. The announcement was made during an official ceremony held in the UAE capital, Abu Dhabi. ...

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• 15 October

  Abu Dhabi, Russia explores energy sector cooperation

  

  ABU DHABI / WAM The Abu Dhabi Department of Energy (DoE), sought out cooperation opportunities with Russia’s Ministry of Energy in the conventional and renewable energy sectors. The Chairman of the Abu Dhabi DoE, Awaidha Murshed Al Marar, met with Russian Minister of Energy, Alexander Valentinovich Novak, to discuss opportunities for collaboration on the sidelines of Russian President Vladimir Putin’s visit ...

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• 15 October

  Assad seizing key border town as US forces leave

  

  Bloomberg Forces loyal to Syrian President Bashar al-Assad took control of the strategic town of Manbij near the Turkish border amid growing pressure on Ankara to end an offensive that has drawn US and European sanctions and accusations of war crimes. In its strongest comments yet, Russia said the offensive was “unacceptable” and it was opposed to the presence of ...

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• 15 October

  Citi to set up wholly-owned securities business in China

  

  Bloomberg Citigroup Inc, which is dissolving its investment-banking joint venture in China, is now planning to set up a wholly- owned securities business in the world’s second-largest capital market, according to people with knowledge of the matter. The New York-based bank may initially focus on brokerage and futures trading while expanding its custodian services in China, the people said, asking ...

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