November, 2018

• 25 November

  DLD opens real estate registration office in Dubai South

  

  Dubai / Emirates Business Dubai Land Department (DLD) inaugurated Tamleek Cube, a first-of-its-kind office that provides real estate registration trustee and real estate service trustee services in Dubai South. The inauguration ceremony was attended by HE Sultan Butti bin Mejren, Director General of DLD; Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South; Her Excellency Majida ...

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• 25 November

  Mena deal value surges 105% to AED37bn in Q3

  

  DUBAI / Emirates Business The value of announced deals with disclosed value in the Mena region increased by 105% to $10 billion (AED36.7 billion) in third quarter of 2018 from $4.9 billion in the same period last year, according to the EY Q3 Mena M&A report. Deal value remained consistent year-on-year. As many as 107 deals were announced in Q3 ...

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• 25 November

  Dubai Investments buys 20% stake in AED465 million medical centre

  Dubai / WAM Dubai Investments announced that it has expanded its healthcare portfolio with a 20 percent stake in an equity part- nership in the AED465 million Clemenceau Medical Centre, a new development which will offer specialty care across multiple disciplines in Dubai Healthcare City Phase 2. The equity partnership with Khansaheb Investments (55%) and CMC SAL (25%) is the ...

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• 25 November

  SMEs play vital role in UAE-Caribbean trade

  

  Dubai / Emirates Business Small and medium-sized enterprises (SMEs) are playing a vital role in expanding trade ties between the UAE and Caribbean region, according to the heads of chambers of commerce who spoke at the inaugural UAE-Caribbean Coopera- tion Forum in Dubai. During the forum, a panel discussion titled ‘the role of the private sector in building a connected and ...

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• 25 November

  Trump should find a trade victory with China at G-20

  

  If President Donald Trump is the dealmaker he claims to be, he should use the upcoming G-20 summit in Buenos Aires on November 30 to declare a win in his trade war with China — before his bombast does any more damage to the global economy. Trade is Trump’s signature issue. But more than a year after he began threatening ...

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• 25 November

  Macron is hardly blameless over Nissan

  

  Making cars is always an intensely political business, one that brings good local jobs and global prestige. This applies to France as much as anywhere else; the country places the same importance on its carmakers as it does on playing host to Airbus SE. The French have been happy to pursue international partnerships — the Germans and Spanish on Airbus, ...

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• 25 November

  General Electric has reason to offer thanks

  

  The beatings for General Electric Co. have finally eased off during the Thanksgiving holiday lull, at least in terms of the credit market. There might be more to it than just an absence of market activity as traders tuck into their turkey. The US industrial giant has been through the wringer ever since its third-quarter results and the subsequent loss ...

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• 25 November

  Europe’s first small step towards fiscal reform

  France and Germany have agreed on an idea for improving euro-zone budget policy, and other governments have said they can support it. The plan falls short of what’s needed, but it’s progress nonetheless. The greatest weakness of the euro zone is that it lacks a way to support member states that fall into recession: Monetary policy isn’t enough, because the ...

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• 25 November

  India misses wake-up call from shadow-bank bust

  

  India’s finance industry is letting a good crisis go to waste by not learning from it. The sudden $12.8 billion bankruptcy of infrastructure lender IL&FS Group, currently sequestered under a government-blessed, out-of-court process, underscores India’s lack of preparedness to handle a big shift in lending in recent years — away from banks. Before I illustrate that challenge with a little ...

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• 25 November

  Jack Ma’s Singles Day is coming for Black Friday

  

  Watch out: Jack Ma’s Singles Day is going to make Black Friday a lot less alluring. There’s trepidation in the air this holiday season. In just a few brutal trading days, the whipsawing US stock market wiped out its entire 2018 gain. Meanwhile, the US economy is heading for a 10th year of expansion, by far the longest in history. ...

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