January, 2018

• 28 January

  ADGM to sign MoU with CNDP on data protection

  Abu Dhabi / WAM Abu Dhabi Global Market (ADGM), is hosting its first annual Data Protection Forum on Sunday, which coincides with the International Data Protection Day. During the forum, ADGM will sign a Memorandum of Understanding, MoU, with The National Commission for the Control of the Protection of Personal Data (CNDP), Morocco. The MoU will facilitate ongoing collaboration between ...

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• 28 January

  Abu Dhabi Chamber, Tokyo SME centre to enhance cooperation

  

  Abu Dhabi / WAM Ibrahim Ismail Fateh Ali Al Khaja, member of the Board of Directors of the Abu Dhabi Chamber of Commerce and Industry and Chairman of the Professional Sector Committee at the Chamber, met Kazumasa Susaki, Director-General of the Tokyo SME Support Centre, and his accompanying delegation, where they discussed opportunities for cooperation between both the chamber and ...

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• 28 January

  GCC healthcare projects value tops $61bn

  

  Dubai / Emirates Business The total value of 707 healthcare projects exceeded AED 223.50 billion ($60.9 billion) in January 2018, according to the latest GCC Construction Intelligence report issued by BNC Network, the largest and most comprehensive construction intelligence platform in the Middle East and North Africa (MENA) region. Of these, 445 projects worth $51.9 billion (AED190.47 billion) are hospital ...

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• 28 January

  FNC reviews FEWA policy

  Dubai / WAM The Federal National Council’s Technology, Energy and Mineral Resources Affairs Committee continued discussing the policy of the Federal Electricity and Water Authority (FEWA), at its meeting on Sunday, chaired by Mohammed Ali Al Kamali, Chairman of the Committee, at the FNC General Secretariat in Dubai. The committee reviewed FEWA’s policy based upon three concerns: the authority’s strategic ...

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• 28 January

  GulfNav to acquire majority stake in Atlantic Navigation

  

  Dubai / Emirates Business Gulf Navigation Holding PJSC (GulfNav) announces that it is in discussion to acquire a majority stake in Atlantic Navigation Holdings (Singapore) Limited (‘Atlantic’). Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. We operate out of the UAE serving primarily customers in the ...

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• 28 January

  Bond traders’ wild ride in 2018 about to kick into overdrive

  

  Bloomberg You’ve traded on inflation data and the prospect of rising sovereign-debt supply. You’ve wagered on Federal Reserve meetings and what the next chairman might do. And you’ve bet on jobs and wage growth that exceed or miss targets. Now try doing it all in one week. With yields threatening to leap higher, bond traders will grapple this week with ...

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• 28 January

  Hong Kong wipes out 2,000% stock gains with IPO clampdown

  

  Bloomberg The world’s most volatile new stocks are vanishing from Hong Kong after regulators tightened oversight of the city’s small-cap Growth Enterprise Market. Stocks debuting on GEM in the past 12 months rose an average 23 percent on their first day of trading, down from an eye-popping 605 percent for the year through January 2017, according to data compiled by ...

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• 28 January

  Putin foes mount protests across Russia ahead of vote

  

  Bloomberg Hundreds of Russians braved sub-zero temperatures to protest against President Vladimir Putin, who’s seeking to prolong his almost two-decade-long rule in March elections. Russian opposition leader Alexey Navalny, who’s been barred from taking part in the March 18 vote, called on his supporters to rally in more than 100 cities in a bid to put more pressure on the ...

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• 28 January

  Trump condemns ‘despicable’ Taliban bombing in Kabul

  Bloomberg A Taliban suicide bomber detonated explosives in downtown Kabul, killing at least 95 people and wounding 158 others in the worst attack since a truck bombing near the Afghan capital’s diplomatic zone last year. President Donald Trump condemned the bombing as “despicable” and called on the world to act against the extremist group. The bomber used an explosive-laden ambulance ...

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• 28 January

  Trump’s infrastructure push to be featured in State of Union

  

  Bloomberg President Donald Trump plans to use Tuesday’s State of the Union address to build momentum for sweeping legislation on infrastructure and immigration that could buoy the White House and fellow Republicans ahead of crucial midterm elections. Emboldened by a booming economy and victory in his stare-down with Senate Democrats over government funding, Trump will make the case that the ...

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