July, 2019

• 28 July

  Dutch delivery company in talks to buy Just Eat

  

  Bloomberg Just Eat Plc said it’s in talks to be acquired by Dutch delivery company Takeaway.com NV. The UK firm confirmed a Sky News report on the discussions and added that there’s no certainty whether an offer will be made and on what terms, according to an emailed statement. Takeaway.com could make an offer for Just Eat and will have ...

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• 28 July

  Billionaire owners’ public spat weighs on IndiGo’s future

  

  Bloomberg A fight between two billionaire co-founders is threatening to hurt one of the world’s most successful airlines. Rakesh Gangwal, 65, is accusing partner Rahul Bhatia, 59, of corporate-governance transgressions at Indian budget airline IndiGo and wants his powers curbed. Bhatia denies the allegations, and there’s no sign yet that the disagreement is affecting financial performance of the airline, operated ...

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• 28 July

  Mexico settles dispute on airport terminal

  Bloomberg Mexico City’s airport authority settled a dispute with builders on an 85 billion peso ($4.45 billion) contract for the terminal at a new Mexico City airport that President Andres Manuel Lopez Obrador canceled a month before taking office. Grupo Aeroportuario Ciudad de la Mexico will pay 14.2 billion pesos, equivalent to 16.7 percent of the contract’s total cost, to ...

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• 27 July

  UAE grants $50m for Palestinians

  

  ABU DHABI / WAM The UAE on Saturday announced a $50 million donation to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), as part of its commitment to supporting the Palestinian people. With this donation, UNRWA will provide health services to Palestinian refugees —mothers and children — implement educational programmes to ensure the ...

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• 27 July

  Trump presses WTO to drop China’s ‘developing nation’ tag

  

  Bloomberg US President Donald Trump opened another chapter in the trade war with China, ordering his top trade negotiator to pressure the World Trade Organization (WTO) to crack down on countries the US doesn’t think should be allowed to declare themselves developing nations. Trump singled out China in a memo to US Trade Representative Robert Ligh- thizer, saying that “the ...

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• 27 July

  Oil rises as supply risks outweigh demand woes

  

  Bloomberg Oil finished higher for the week after a volatile trading session that pitted gnawing doubts about global demand against supply threats from the Middle East and beyond. Futures gained 0.3 percent in New York and ended the week up 1 percent, reversing from last week’s steep loss. Oil turned higher after Mexico’s state-run oil company said crude output fell ...

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• 27 July

  FANR issues 1088 licences for N-sector

  ABU DHABI / WAM As of December 2018, a total of 1,088 licences have been issued for the nuclear sector in the UAE, according to Federal Authority for Nuclear Regulation’s 2018 Annual Report. Official statistics showed that as of December 2018, FANR issued 483 new licences, 459 licence renewals, and 146 licence amendments to conduct activities using radiation sources in ...

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• 27 July

  Futurism Programme aims to boost tech innovation

  DUBAI / Emirates Business The deadline for technology start-ups to enter this year’s international AED100,000 Futurism Programme, a zero-equity accelerator initiative of Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), closes on July 31. The annual Futurism Programme aims to boost technology innovation within the tourism industry ecosystem and further position Dubai as a leading international technology hub for ...

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• 27 July

  MBR Space Centre reveals IAC 2020 logo

  ABU DHABI / WAM The Mohammed bin Rashid Space Centre (MBRSC) revealed the winning logo from the design competition held for the International Astronautical Congress (IAC) 2020. IAC, which will be hosted in Dubai for the first time in the Arab world, is a global event that brings together leading space specialists and decision-makers from around the world. The event ...

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• 27 July

  Ministry, AstraZeneca strengthen cooperation

  

  SHARJAH / WAM A high-level delegation from British-Swedish multinational pharmaceutical and biopharmaceutical company AstraZeneca visited Al Qassimi Hospital for Women and Children to learn closely about hospital facilities, its specialised departments and the level of the diagnostic and therapeutic services provided there. The delegation was accompanied by Dr Youssif Al Serkal, Assistant Under-Secretary for the Ministry’s Hospitals Sector. The visit ...

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