January, 2019

• 29 January

  UAE files WTO case against Qatar over goods ban

  Abu Dhabi / WAM The Government of the United Arab Emirates announced on Tuesday that it initiated World Trade Organisation (WTO), dispute-settlement proceedings against Qatar following its ban of the sale of UAE products in Qatari markets. The move comes following the Qatari Ministry of Economy’s ban on the sale of consumer goods manufactured in the UAE, Saudi Arabia, Bahrain and ...

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• 29 January

  DLD launches its real estate promotion plan

  

  Dubai / WAM Dubai Land Department (DLD) launched its real estate promotion plan for the Real Estate Investment Promotion Investment Management Sector during a press conference held on Tuesday in presence of HE Sultan Butti bin Mejren, Director General of DLD. During the conference, Majida Ali Rashid, CEO of the Real Estate Investment Promotion Investment Management Sector at DLD, discussed ...

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• 29 January

  Sharjah Executive Council approves 816 beneficiaries for housing grants

  

  Sharjah / WAM Sharjah’s Executive Council on Tuesday approved the first list of 816 beneficiaries who could turn their housing loans into grants, at its weekly meeting chaired by HH Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council. On the directives of His Highness Dr. Sheikh ...

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• 29 January

  Smart Health Track project launched

  Abu Dhabi / WAM The Ministry of Health and Prevention (MOHAP), announced the launch of ‘Smart Health Track’, a new smart services initiative in collaboration with the General Directorate of Residency and Foreigners Affairs- Dubai (GDRFA). Smart Gates at Dubai Airports will be equipped with thermal cameras capable of detecting passengers’ body temperature by scanning their face and body thermal print. Data ...

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• 29 January

  Jafza unveils plans to increase FDI in healthcare sector

  

  Dubai / WAM Jebel Ali Free Zone (Jafza), affiliated with DP World UAE Region – participated at Arab Health 2019, where it highlighted prospects for global healthcare majors in the region. The free zone is home to more than 160 healthcare and pharmaceutical companies from over 38 countries and accounted for over 30 percent of Dubai’s total trade value for ...

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• 29 January

  Bolton hints Trump may send troops to Maduro’s neighbour

  

  Bloomberg Venezuelan leader Nicolas Maduro may wonder whether President Donald Trump is trying to rattle him. On Monday, White House National Security Adviser John Bolton entered a press briefing on new Venezuela sanctions with a yellow legal pad, accidentally — or not —turned to face gathered reporters and photographers. On the pad appeared a hand-written note: “Afghanistan —welcome the talks. ...

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• 29 January

  US stocks mixed ahead of China trade talks; oil gains

  

  Bloomberg US equities were mixed following gains in Europe as investors weighed the latest corporate earnings and the chances of a trade breakthrough between the world’s biggest economies. Industrial companies led advances as 3M Co struck an optimistic tone after reporting a profit that beat estimates, while technology stocks dragged on major US indexes. Almost all sectors climbed in the ...

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• 29 January

  Indian stocks swing as financial strength of companies in focus

  

  Bloomberg Indian stocks fluctuated as investor concerns over the financial vulnerability of local companies emerged ahead of the federal budget this week. Shares in major Asian markets were in the red after their US counterparts retreated on signs of slowing global growth. The S&P BSE Sensex fell 0.2 percent to 35,592.50 at the close in Mumbai after swinging between gains ...

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• 29 January

  Creditors prowl Caribbean for ‘Venezuela oil’

  

  Bloomberg Laden with 400,000 barrels of Venezuelan oil, the Icaro sits in the azure waters of the Caribbean just off the Dutch island of Curacao. It’s been there more than a month, and it’s not going anywhere until state-owned oil company PDVSA pays its bills. The Icaro has become an unlikely but telling symbol of Venezuela’s woes. And it shows ...

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• 29 January

  Adani Gas surges after India top court victory

  

  Bloomberg Adani Gas Ltd surged the most in nearly two months after India’s top court nullified orders restricting its network expansion. Shares jumped as much as 6.8 percent to 94.55 rupees, the biggest intraday gain since December 5, before paring its advance to 3.4 percent in Mumbai. The benchmark NSE Nifty 50 index was little changed. A two-judge Supreme Court ...

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