March, 2018

• 20 March

  ‘UAE is committed to supporting mothers’

  Abu Dhabi / WAM On the occasion of Mother’s Day, which is marked in the UAE on March 21, HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation, said that Emirati mothers have demonstrated their strength and resilience, becoming a role ...

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• 20 March

  UAE, Tunisia to boost economic ties

  

  Abu Dhabi / WAM Sultan bin Saeed Al Mansouri, Minister of Economy, said on Tuesday that relationships between the UAE and Tunisia are growing considerably across areas of economic activities. The minister also stressed the important role played by the private sector in boosting trade and investment ties between the two countries. The non-oil trade between the UAE and Tunisia ...

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• 20 March

  FAB secures commercial banking licence in Saudi

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB), has secured a licence from the Saudi Arabia Monetary Authority (SAMA), to establish a commercial banking business in Saudi Arabia as part of its organic growth strategy. The current licence allows FAB to operate up to three branches across the Kingdom, and follows the recent approval from the Capital Market Authority ...

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• 20 March

  VAT will have limited impact on real estate sector: FTA, DLD

  Dubai / WAM The Federal Tax Authority (FTA), and Dubai Land Department (DLD), have confirmed that the UAE’s recently introduced VAT will have a limited impact on the real estate sector. FTA and DLD have stated that all real estate transactions, with the exception of the sale of vacant commercial properties and commercial property leases, will be either not subject ...

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• 20 March

  Trump, Saudi look to strike deals as mutual ties deepen

  

  Bloomberg President Donald Trump welcomed Saudi Crown Prince Mohammed bin Salman as a friend of the US. “A lot of people are at work” because of Saudi Arabia’s business, Trump said, adding that the kingdom has finalised $12.5 billion in purchases of planes, missiles and frigates from US companies. Crown prince Mohammed praised the kingdom’s “really deep” relationship with the ...

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• 20 March

  Putin finally gets his Trump call on election victory

  Bloomberg US President Donald Trump spoke to Vladimir Putin on Tuesday, hours after the Kremlin said there’d been no call to congratulate the Russian leader on his re-election. Trump “congratulated Vladimir Putin on his victory in the presidential elections,” and the two leaders discussed a possible meeting, the Kremlin said in a statement. “The conversation was constructive and business-like, and ...

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• 20 March

  Kenyan oppn seeks probe into Cambridge Analytica vote role

  Bloomberg Kenya’s biggest opposition party called for an independent probe of Cambridge Analytica’s role in last year’s protrac-ted presidential elections that were marred by violence. “We would be interested in the truth about the role of Cambridge Analytica in spreading divisive propaganda in our election cycle,” Orange Democratic Movement Secretary-General Edwin Sifuna said on Tuesday by phone from Nairobi, the ...

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• 20 March

  Xi warns US ‘punishment of history’ over Taiwan

  

  Bloomberg Chinese President Xi Jinping warned that efforts to widen divisions with Taiwan would be “punished by history” in a nationalistic speech to mark the start of his second term. In an address to China’s almost 3,000-member national parliament, Xi said China had the capabilities to stop any attempt to formalise the democratically ruled island’s independence. The remarks came just ...

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• 20 March

  Trump slams Iran in Nowruz holiday message

  BEIRUT / Reuters President Donald Trump used the annual presidential statement marking the Persian holiday of Nowruz to criticize Iran’s government and military leaders with sharp-tongued language rarely before seen in a celebratory presidential message. “The history of Nowruz is rooted in Iran, where for millennia a proud nation has overcome great challenges by the strength of its culture and ...

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• 20 March

  Buhari’s trump card for Nigeria’s 2019 vote: Weak opposition

  

  Bloomberg Samuel Okunola shares the frustration of many Nigerians with the man he voted for three years ago, President Muhammadu Buhari. The 52-year-old tailor no longer feels he can support him in elections next year, but he doesn’t see an alternative. “I can’t vote for Buhari in 2019,” Okunola said in an interview at his shop in the upscale Victoria ...

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