January, 2019

• 19 January

  Trump vows announcement on border as talks stall

  

  Bloomberg President Donald Trump promised a “major announcement” on the government shutdown as he and House Speaker Nancy Pelosi headed into a long holiday weekend with no sign their increasingly acrimonious standoff is any closer to an end. The president plans to renew his demand for a wall on the US border with Mexico, but also offer incentives for congressional ...

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• 19 January

  Hungary unions hold anti-Orban rallies

  

  Bloomberg Hungarian labour unions are staging nationwide protests and threatening the first general strike since the end of communism to pressure Prime Minister Viktor Orban into repealing a controversial new law on overtime. Rallies were planned in Budapest and more than a dozen other cities on Saturday against what critics have dubbed the “slave law”, which allows companies to ask ...

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• 19 January

  Ex-Interpol chief’s wife seeks asylum in France

  

  Bloomberg The wife of missing ex-Interpol Chief Meng Hongwei has applied for asylum in France because she is scared for her life, Reuters reported, citing her lawyer. Grace Meng was followed by strangers, received suspicious phone calls and had her car license plates photographed by mysterious people, according to the report, which cited an interview she did with France Info’s ...

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• 19 January

  UAE Rulers, Sheikhs offer funeral prayers on body of Sheikha Naila bint Rashid Al Nuami

  Ajman / WAM A host of UAE Rulers, Sheikhs, dignitaries and officials on Saturday gathered at the Al Rawdha Mosque at the Al Jurf Area in Ajman to perform funeral prayers on the body of Sheikha Naila bint Rashid Al Nuaimi, the sister of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, who passed ...

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• 19 January

  FTA issues guidelines for foreign business refunds

  

  ABU DHABI / WAM The Federal Tax Authority (FTA), has outlined four conditions that would allow foreign businesses to recover Value Added Tax (VAT), incurred in the UAE in a new guide on “VAT Refunds for Business Visitors”, published on its official website. To be eligible for the VAT refund, the first condition is that foreign businesses must not have ...

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• 19 January

  Dubai Tourism signs deal to ease payment methods

  

  DUBAI / Emirates Business Dubai’s Department of Tourism & Commerce Marketing (Dubai Tourism) and Al Ansari Exchange, a leading UAE-based foreign exchange and worldwide money transfer company, have signed an agreement to facilitate payments for a range of tourism and travel-related services. Under the agreement, partners of Dubai Tourism including hotels, event organisers, tour operators and tourism companies will be ...

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• 19 January

  Aldar’s Alreeman sales hit AED1.6bn

  

  ABU DHABI / Emirates Business Buyers queued up over night outside Aldar’s sales centre on Yas Island in order to secure plots within Aldar’s latest development – Alreeman in the Alshamkha area of Abu Dhabi. Alreeman has been a huge hit with buyers, recording sales of AED 1.6 billion. Buyers have been drawn to Aldar’s commercial plot offering allowing customers ...

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• 19 January

  AED129mn C2, C3 Mleih School project complete

  

  ABU DHABI / WAM Abu Dhabi General Services Company (Musanada) has, in collaboration with the Abu Dhabi Department of Education and Knowledge (ADEK), completed the AED129 million C2 and C3 Mleih School project stretching over an area of 50,000 square metres, in the context of the Abu Dhabi Future Schools Programme, Phase VI, Package 1. Ali Al Haj Al Mehairbi, ...

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• 19 January

  DLD’s ‘Dubai Rest’ nominated for WSIS awards

  Dubai / Emirates Business Dubai Land Department (DLD) announces that its smart platform, Dubai REST, is nominated for the World Summit on the Information Society (WSIS) awards 2019, where voting will continue till February 10. The eighth WSIS will be held from April 8-12 in Geneva, where 300 Arab and international delegations, including heads of state and high-level representatives, are ...

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• 19 January

  Hitachi scraps UK nuclear plan with $2.8bn writedown

  

  Bloomberg The Japanese conglomerate Hitachi Ltd confirmed it will halt work on its nuclear power project in the UK, delivering a blow both to its ambitions to export more of its technology and Britain’s effort to revive its atomic industry. The company will book a loss of about 300 billion yen ($2.8 billion) after suspending indefinitely its plans to build ...

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