December, 2017

• 19 December

  US stocks drop as investors await tax-cut vote; dollar rises

  

  Bloomberg US equity markets fell in lighter-than-usual trading as investors waited for lawmakers to vote on tax cuts in the world’s largest economy. Treasuries declined while the dollar rose. The S&P 500 Index dropped after prospects for passing the tax plan had sparked a two-day rally of almost 1.5 percent that took the benchmark within a whisker of 2,700 for ...

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• 19 December

  Qatar leaps, Saudi barely changed before state budget

  

  Reuters Qatar’s stock market jumped on Tuesday as local retail investors piled back into the bourse, while Saudi Arabia closed barely changed ahead of the release of its 2018 state budget. The Qatari index surged 3.8 percent, its biggest daily gain since January 2016, to its highest level since late September. It rose above its 100-day average for the first ...

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• 19 December

  Mohammed launches centre for future research in Dubai

  

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, launched the Mohammed bin Rashid Centre for Future Research. The centre will openly publish its research and outcomes to global academic and research communities and will adopt a new concept based on open and participatory international research among scientists. ...

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• 19 December

  Substitute teachers to get financial reward at government schools

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, issued Ministerial Decision No. 46 of 2017 on the financial reward system for substitute teachers in government schools for boys and girls. According to the decision, which was published in the latest issue of the Official Gazette, the ...

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• 19 December

  Applications for ‘MRM Business Award’ open

  Dubai / Emirates Business The Dubai Chamber of Commerce and Industry announced that applications are now being accepted for the Mohammed Bin Rashid Al Maktoum (MRM) Business Award and the MRM Business Innovation Award, which are open to all private companies in the UAE and GCC, regardless of their type, size, and sector (including non-free zone and free zone companies). ...

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• 19 December

  DFM welcomes listing of Bahrain’s Khaleeji Commercial Bank shares

  Dubai / WAM Dubai Financial Market (DFM), on Tuesday announced the listing of Bahrain’s Khaleeji Commercial Bank (KHCB), as trading commenced on the bank’s shares under the trading symbol “KHCB”, which appears on DFM screens, trading system and publications within the Banking Sector. This listing further strengthens the prominent position of DFM as the most favoured listing venue for leading ...

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• 19 December

  Khalifa issues decrees to ratify bilateral pacts

  Abu Dhabi / WAM His Highness Sheikh Khalifa also issued a number of federal decrees to appoint, transfer and promote several Emirati diplomats. The agreements that were ratified include an agreement between UAE and Slovakia to encourage mutual protection of investments, as well as two cooperation pacts with Oman on civil defence and international land transportation of passengers and goods, ...

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• 19 December

  Dubai seeks to attract FDI at April investment meet

  Dubai / WAM The Annual Investment Meeting (AIM) will take place at the Dubai World Trade Centre from April 9-11, 2018 with the participation of leaders, decision-makers and high-level local, regional and international government officials. The annual forum is one of the leading regional events on foreign direct investments (FDI), and is organised by the UAE Ministry of Economy under ...

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• 19 December

  Trump’s ‘America first’ sees China, Russia as US rivals

  

  Bloomberg President Donald Trump called Russia and China “rival powers” to the US but said he’ll continue to try to partner with them as he outlined a muscular foreign policy that attempts to turn his “America First” campaign pledge into statecraft. Trump’s first official national security strategy is in some ways little different from those of his predecessors. Its four ...

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• 19 December

  Saudi shoots down Yemen rebel missile

  Bloomberg Saudi Arabia said its air defenses intercepted a ballistic missile fired by Yemen rebels in the capital, Riyadh. Saudi Arabia is leading a military campaign against the Houthis in Yemen, and shortly after the missile launch, alliance aircraft struck Houthi positions south of the Yemeni capital, Sana’a. Saudi Arabia and Iran already support opposing sides in conflicts across the ...

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