February, 2017

• 26 February

  Mashreq card holders to get 20% discount on Zomato food orders

    Dubai / Emirates Business Mashreq, one of the UAE’s leading financial institutions entered in to a strategic partnership with Zomato.com – a global social restaurant discovery service operating across 23 countries. The partnership strengthens Mashreq Flavours, the UAE’s largest dining program further, by enabling Mashreq credit or debit cardholders to enjoy a discount of 20% on any two food …

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• 26 February

  Mother of the Nation Festival to begin on March 26

  

    Abu Dhabi / Emirates Business Groundwork for the second edition of Mother of the Nation Festival commences on Sunday on Abu Dhabi Corniche ahead of the Festival’s official opening on March 26, the organising committee at Abu Dhabi Tourism and Culture Authority announced on Sunday. Preparations for the festival have commenced on-schedule as more than one kilometre of Abu …

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• 26 February

  Environmental chief assures rollback of Obama-era rules

  

    Bloomberg US environmental chief Scott Pruitt unveiled plans to roll back at least three Obama-era rules at the EPA while vowing to give businesses “regulatory certainty.” Those policy reversals, set to start next week, will empower the Environmental Protection Agency to focus on its core mission of protecting the air and water, Pruitt said in a speech and question-and-answer …

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• 26 February

  Ghosn steps back from Nissan to focus on Mitsubishi turnaround

  

    Bloomberg Carlos Ghosn handed over the day-to-day running of Nissan Motor Co. to Hiroto Saikawa, who will take the mantle of president and chief executive officer while his long-time boss focuses on revamping struggling affiliate Mitsubishi Motors Corp. Ghosn, 62, will remain chairman of Nissan, a title he also holds at alliance partners Renault SA and Mitsubishi Motors. He’ll …

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• 26 February

  Auto lender backs away from ignition kill switch

  

    Bloomberg Santander Consumer USA Holdings Inc., one of the country’s biggest subprime auto lenders, has decided not to use GPS-tracking and ignition kill swi- tch technology as regulators clamp down on the devices, an executive said. Car lenders use the devices to help them find and repossess cars when borrowers default on loans, which is becoming increasingly common amid …

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• 26 February

  Aston Martin boosts sales

    Bloomberg Aston Martin’s bet on a new $215,000 luxury coupe is paying off as surging demand for the DB11 has the carmaker projecting a revenue bump of as much as 37% this year ahead of a potential initial public offering. Orders for the DB11, which debuted a year ago at the Geneva motor show, paced a 48% jump to …

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• 26 February

  Malaysia: Poisoning of Kim caused paralysis, quick death

  

    KUALA LUMPUR / AP Malaysia’s health minister said on Sunday that the dose of nerve agent given to North Korean ruler Kim Jong Un’s exiled half brother was so high that it killed him within 20 minutes and caused “very serious paralysis.” Kim Jong Nam died February 13 at Kuala Lumpur’s airport in what Malaysian police say was a well-planned …

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• 26 February

  Saudi king begins multi-nation tour of Asia

    RIYADH / AP Saudi King Salman has arrived in Malaysia to kick off a multi-nation tour aimed at boosting economic ties with Asia.The official Saudi Press Agency reported on Sunday that the monarch’s tour will also take in Indonesia, Brunei, Japan, China and the Maldives. Salman will also visit Saudi Arabia’s neighbor Jordan before returning home. OPEC kingpin Saudi Arabia …

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• 26 February

  Iran begins navy drill off Strait of Hormuz as US newly wary

    TEHRAN / AP Iran’s navy began an annual drill on Sunday near the strategic Strait of Hormuz, its first major exercise since the inauguration of US President Donald Trump, state television reported. The TV report quoted navy chief Adm. Habibollah Sayyari as saying the two-day maneuver will cover an area of 2 million square kilometers (772,000 square miles) in the …

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• 26 February

  Taliban leader encourages people to plant trees

    KABUL / AP Springtime in Afghanistan usually brings a spike in violence as the Taliban takes advantage of the thaw to launch a wave of fresh attacks. But the Taliban’s leader has just issued a statement calling on Afghans to plant more trees. In a public letter issued on Sunday in four languages, including English, Mullah Haibatullah Akhundzada says that, …

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