April, 2017

• 8 April

  Bloom Properties to lease 225 residential flats in Abu Dhabi

  

    Abu Dhabi / Emirates Business Bloom Properties, a Bloom Holding subsidiary dedicated to developing sustainable and integrated urban communities, announced the leasing of 225 exclusive upscale residential apartments in Bloom Marina, the premium waterfront destination located in Abu Dhabi’s Marina Al Bateen area. Bloom Residences consists two residential buildings adjacent to future EDITION Hotel, with expansive marina and city …

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• 8 April

  TCA Abu Dhabi team attends Riyadh Travel Fair

  

    Abu Dhabi / Emirates Business Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) is attending Saudi Arabia’s largest travel trade event in Riyadh ahead of a promotional tour to boost inbound visitor numbers, in a move to strengthen existing cooperation with the Kingdom of Saudi Arabia. TCA Abu Dhabi, which is a strategic partner of the Riyadh Travel …

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• 8 April

  Cityland Mall signs up VOX Cinemas

    Dubai / Emirates Business Superior entertainment and silver screen blockbusters will soon have a new address, as Cityland Mall – UAE’s first nature-inspired mall scheduled for launch in the second quarter of 2018 beside Global Village –signed the Majid Al Futtaim Cinemas’ brand VOX Cinemas as its official cinema provider. Fahimuddin Sharfuddin, Chief Executive Officer and Board Member, Cityland …

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• 8 April

  Dubai Culture hosts ‘disability access talk’

    Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, recently hosted a specialised talk in collaboration with the British Council at the Etihad Museum as part of its support for UK/UAE 2017 a Year of Creative Collaboration. The talk – ‘Disability Access in the Museum Environment’ – was …

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• 8 April

  GOP mulls ‘unenforceable’ version of net neutrality

  

    Bloomberg A Republican proposal to undo Obama-era net neutrality rules would hand responsibility to prevent abuses by internet service providers to an agency that critics say lacks adequate power. US Federal Communications Commission Chairman Ajit Pai is said to be planning a proposal to strip his agency of strong authority over broadband and let the Federal Trade Commission police …

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• 8 April

  Canada’s labour market shows surging jobs, weak wages

  

    Bloomberg The two-faced nature of Canada’s labor market was on full display as employers continued to hire but resisted raising wages. Canada added 19,400 jobs in March, for an employment gain of 276,400 over the past 12 months, Statistics Canada said from Ottawa. Yet, the pace of annual wage rate increases fell to 1.1 percent, the lowest since the …

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• 8 April

  UK Green Bank sale can proceed after court backs Macquarie

  

    Bloomberg A British court backed the government’s decision to sell its Green Investment Bank Plc to a consortium led by Macquarie Group Ltd., rejecting a request from a rival bidder to review decisions about the sale made by ministers. Sustainable Development Capital LLP, or SDCL, had asked the High Court for a judicial review of the planned sale of …

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• 8 April

  Fox-Sky deal clears EU hurdle ahead of UK report

  

    Bloomberg 21st Century Fox Inc. cleared one hurdle by winning unconditional European Union approval for its 11.7 billion-pound ($14.5 billion) bid for Sky Plc as investor uncertainty over the deal grows amid fresh allegations of harassment at Fox News. The European Commission said it saw no competition problems with Fox’s bid to buy the rest of Sky that it …

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• 8 April

  UK manufacturing, construction point to loss of momentum

  

    Bloomberg UK manufacturing and construction unexpectedly shrank in February, adding to signs that the economy lost momentum in the first quarter. Factory output fell 0.1 percent from January, the Office for National Statistics said. Total industrial production declined 0.7 percent as unseasonably warm weather reduced demand for energy. Construction dropped 1.7 percent, the most in almost a year. While …

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• 8 April

  Laptop ban raises risk of plane battery fires

  

    Bloomberg The US order prohibiting passengers from carrying laptop computers and other electronics into the cabins of some overseas flights is raising concerns about a risk unrelated to terror: the potential for those devices’ lithium-based batteries to catch fire in the baggage hold. The Flight Safety Foundation, a non-profit funded by airlines and other groups to reduce the risk …

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