November, 2018

• 19 November

  dnata launches operations at Los Angeles Airport

  

  Los Angeles / Emirates Business dnata, one of the world’s largest air services providers, continues to expand in the United States. The company has launched operations at Los Angeles International Airport and now provides quality and reliable ground handling and cargo services at 20 airports in the country. To establish operations in Los Angeles, dnata has invested $8 million in ...

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• 19 November

  DLD adds new services to Ejari smart app

  Dubai / Emirates Business As part of its efforts to provide modern services and ensure customer satisfaction, Dubai Land Department (DLD) announced a new development through the completion of ‘The Development Initiative’ for the lease self-registration service by adding new services to the Ejari smart application. Sultan Butti bin Mejren, Director General of DLD, said: “This step is important in ...

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• 19 November

  30 global experts to take part at Sharjah FDI Forum 2018

  

  SHARJAH / WAM Over 500 business leaders and 30 industry experts, chief executives and decision-makers representing the region and the world will lead discussions at the fourth Sharjah FDI Forum. Taking place on December 10-11 in Sharjah, under the theme, ‘Shaping the Future of Economies’, the Forum will see global experts cover corporate investment strategies, expansion opportunities, and explore the ...

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• 19 November

  Russia seeks help from US as it presses new Browder charges

  

  Bloomberg Russia levied new charges against US-born investor and Kremlin critic Bill Browder, stepping up a quest that has gotten little traction in the West with a call to the US to investigate claims shareholders in his fund used illegal profits from Russia to fund contributions to the Democratic Party. Once one of the country’s largest foreign fund managers, Browder ...

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• 19 November

  French fuel protests continue for third day

  Bloomberg Protests against gasoline taxes in France continued for a third day on Monday with sporadic actions around the country, according to media reports. Depots near Rennes, La Rochelle, and Marseille were being obstructed, France Bleu radio reported. A highway to Belgium, as well as highway stretches near Belfort in the east and Lyon in the south were also being ...

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• 19 November

  Infighting weakens Nigeria’s ruling party

  Bloomberg Nigerian President Muhammadu Buhari’s chances of winning re-election in February are facing a potentially insurmountable hurdle: widening divisions in his own party. Dissatisfied party heavyweights range from his wife, Aisha Buhari, who called on members to “rise against impunity” after her brother lost a gubernatorial nomination, to three influential state governors whose chosen successors failed to win party primaries. ...

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• 19 November

  Replacing me won’t change parliament math: May

  

  Bloomberg Theresa May said a challenge to her leadership would be a distraction from negotiating with the European Union, and that any new prime minister would face the same issues she does, as she urged Parliament to back her Brexit deal as the only offer available. May is in the midst of the toughest week of her difficult premiership. Her ...

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• 19 November

  Sri Lankan president calls another vote on premier following chaos

  

  Bloomberg Sri Lanka’s President Maithripala Sirisena isn’t giving up on trying to install former strongman Mahinda Rajapaksa as prime minister, a quest that has plunged the country into a weeks-long political crisis. Sirisena called for a third no-confidence vote for Rajapaksa after lawmakers rejected him the first two times. On Monday, the parliament was adjourned until November 23 soon after ...

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• 19 November

  Chad army pushes out ‘enemy forces’ in north

  

  Bloomberg Chad’s army dislodged what it described as enemy fighters from a town near its northern border with Libya after heavy fighting in a conflict the government has so far given few details about. The central African nation’s announcement that the army was successful in fighting insurgents in the town of Miski came a week after President Idriss Deby replaced ...

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• 19 November

  Corporate America’s debt boom looks like a bust for economy

  

  Bloomberg Despite strong incentives in the Republican tax plan for American executives to expand, invest and ultimately boost the US economy’s growth potential, a lot of the debt companies are issuing appears to be motivated by something else. Non-financial corporate debt stands at 45.6 percent of gross domestic product, near the highest in post-war record keeping. Despite that, non-residential investment ...

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