February, 2019

• 23 February

  DFZ Council plans to develop Dubai’s geo-economic map

  

  Dubai / WAM The 11th meeting of the Dubai Free Zones Council,DFZ Council, headed by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the DFZ Council, announced plans to develop a comprehensive geo-economic map of Dubai in line with the Fifty-Year Charter that aims to position Dubai as a leading destination for investment and business set-up. Sheikh Ahmed ...

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• 23 February

  Dewa, DED partner to support youth entrepreneurs

  

  Dubai / WAM Dubai Electricity and Water Authority (Dewa), signed a Memorandum of Understanding (MoU), with the Dubai Department of Economic Development (Dubai Economy) to support members of Dubai SME-the DED agency mandated to develop the small and medium enterprise (SME) sector; by marketing their offers, services, and products through Dewa Store, the first-of-its-kind smart app among government entities in the ...

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• 23 February

  Venezuela opposition defies Maduro as aid row deepens

  

  Bloomberg Venezuelan security forces skirmished with protesters along the Colombian border in clashes over aid shipments between President Nicolas Maduro’s government and US-backed opponents trying to drive him out of power. National Guard soldiers on Saturday fired volleys of tear gas and plastic pellets at supporters of opposition leader Juan Guaido, who were trying to persuade them to defect and ...

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• 23 February

  Sudan’s al-Bashir declares year-long state of emergency

  

  Bloomberg Sudan’s President Omar al-Bashir declared a state of emergency for one year and called a national dialogue amid political crisis in the north African country. “It’s better for all Sudanese to solve any problems through dialogue,” al-Bashir said in a televised address from the capital, Khartoum. “Civil and armed opposition” should come to the dialogue, he said. The president ...

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• 23 February

  Nigerians brave explosions, delays to elect a president

  

  Bloomberg Nigerians began voting in Africa’s biggest democracy in a tight presidential race between incumbent Muhammadu Buhari and pro-market multimillionaire Atiku Abubakar. While the polls officially opened at 8 am on Saturday, some balloting stations suffered delays while election monitors reported violence in some areas. The presidential front-runners are Buhari, who’s campaigned on an anti-corruption platform, and Abubakar, who’s promised ...

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• 23 February

  May faces calls to quit within 3 months

  

  Bloomberg Theresa May must resign as British prime minister and Conservative leader later this year after delivering Brexit, according to politicians at the highest levels of her own government. May has promised her party she will stand down before the next general election, slated for 2022, but she’s likely to face pressure to go within the next three months. Once ...

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• 23 February

  Chinese military plane enters South Korea zone

  Bloomberg A Chinese military plane entered South Korea’s Air Defense Identification Zone three times on Saturday, prompting the foreign ministry to summon a Chinese embassy official, Yonhap reported. The aircraft entered the defense zone from southwest of the Korean Peninsula at around 8:03 a.m local time before exiting to the east around 8:27 am, Yonhap said, citing Korea’s Joint Chiefs ...

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• 23 February

  Saudi strikes deal to build $10bn China refining, petchem complex

  

  Bloomberg Saudi Arabia reaffirmed its interest in the Chinese market with a deal to build a $10 billion refining and petrochemicals complex as it vies for crude-oil customers with fellow OPEC members and Russia. Saudi Arabian Oil Co, or Aramco, agreed to set up a joint venture with two Chinese companies to develop the facility in Liaoning province, according to ...

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• 23 February

  Zambia cuts power from world’s biggest man-made reservoir

  

  Bloomberg Zambia has reduced hydropower production at the Kariba Dam because of rapidly declining water levels at the world’s biggest man-made reservoir that straddles the border with Zimbabwe, the energy minister said. “We have noted the poor water situation for the Za-mbezi system nec- essitating reduction in generation at Kariba,” Mat-thew Nkhuwa sa-id, without provi- ding further details. Water outflows ...

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• 23 February

  China extends US trade trip as tariff-hike threat endures

  

  Bloomberg The US and China will extend into the weekend the current round of trade talks as negotiations in Washington yielded progress on currency policy but stopped short of a breakthrough that would prevent higher American tariffs from kicking in next week. “Both parties want to make this a real deal, we want to make it a meaningful deal, not ...

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