March, 2019

• 12 March

  Dubai  issues 2,204 new business licences in Feb

  

  Dubai / WAM The Business Registration and Licensing (BRL), sector of the Department of Economic Development (DED), Dubai, issued 2,204 new licences in February 2019, a growth of 37 percent compared to February 2018 (1,606). The new licences created 8,515 jobs in the labour market. Among the new licenses issued, 61.1 percent were commercial, 36.5 percent professional, 1.7 percent related to tourism ...

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• 12 March

  Hazza opens municipal centre in Khalifa City

  

  Abu Dhabi / WAM His HHighness Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of the Abu Dhabi Executive Council, praised the wise policy of the Abu Dhabi Government and its keenness to provide the best services, which will make everyone happy and continue the process of sustainable development. Following his inauguration of a new municipal centre in Khalifa City, ...

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• 12 March

  4,227 entrepreneurs supported with $27.5m incentive packages

  

  DUBAI / WAM Dubai SME, the agency of the Department of Economic Development (DED), mandated to develop the small and medium enterprise (SME), sector, supported 4,227 Emirati entrepreneurs with incentives and facilities worth AED101 million ($27.5 million) in 2018. The number of entrepreneurs represents an increase of 32 percent over the previous year and the increase in the value of ...

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• 12 March

  ADX launches ‘Zayed Centre of Excellence for Financial Research’

  

  ABU DHABI / WAM The Abu Dhabi Securities Exchange (ADX), announced the establishment of the ‘Zayed Centre of Excellence for Financial Research’, at the Higher Colleges of Technology – Abu Dhabi Women’s campus. The Centre’s main objectives includes collaborating with HCT on research related to finance including, but not limited to, finance-related data analytics, financial technology services, artificial intelligence, blockchain, ...

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• 12 March

  Abu Dhabi to invest AED500mn to boost tourism sector globally

  

  Abu Dhabi / WAM As part of the Abu Dhabi Government’s accelerator programme ‘Ghadan 21’, the Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, has announced strategic initiatives to further drive the development of the Emirate’s tourism sector. In line with the Ghadan 21 ambition, to make Abu Dhabi one of the best places in the world ...

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• 12 March

  China vows more crackdown, fuels Muslim detention camps

  

  Bloomberg Officials from China’s predominately Muslim region of Xinjiang defended mass detention camps as necessary to fight terrorism and vowed to maintain the crackdown for a “long time.” Local security policies had prevented a major terrorist attack in the region for more than two years, Xinjiang government chief Shohrat Zakir told a regional delegation meeting in Beijing on Tuesday. Even ...

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• 12 March

  Pompeo: US to pull all personnel from Venezuela embassy

  

  Bloomberg Secretary of State Michael Pompeo said the US will pull all remaining personnel from its embassy in Venezuela’s capital, adding that the presence of diplomatic staff “has become a constraint on US policy.” Earlier, Pompeo blasted Russia and Cuba for their continued support of Venezuelan President Nicolas Maduro, accusing them of keeping his regime afloat despite the will of ...

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• 12 March

  Bouteflika standing aside may not end Algeria’s protests

  

  Bloomberg If Algeria’s ageing rulers hope sidelining Abdelaziz Bouteflika will buy them time to regroup, they may be disappointed. Young protesters have become bolder since their demonstrations began two weeks ago. Some now want the entire old guard to step aside. In an letter released on Monday evening, Bouteflika postponed next month’s election and said he would no longer seek ...

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• 12 March

  May strikes new Brexit deal with EU

  

  Bloomberg Theresa May struck a deal to revise the terms of the UK’s divorce from the European Union but it’s unclear whether she’s done enough to win Parliament’s support in a crucial vote on Tuesday. After a chaotic day of changing plans in London, the prime minister made a last-minute decision to fly to Strasbourg, France, for late talks with ...

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• 12 March

  EU party to offer Orban last chance to avert expulsion

  Bloomberg A top member of the European Union’s largest political bloc will meet with Viktor Orban in what may be the Hungarian prime minister’s last chance to avoid potential expulsion from the continent’s political mainstream later this month. Manfred Weber, the European People’s Party’s candidate to lead the EU executive, was expected to meet with Orban in Budapest on Tuesday ...

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