September, 2017

• 6 September

  Using fake economic licence in Abu Dhabi to cost AED50,000

  Abu Dhabi / WAM Abu Dhabi Department of Economic Development has toughened penalties against entities using bogus economic licenses to AED50,000, in addition to blacklisting violators. “Using fake licenses is a significant threat to economic activities and anti-counterfeiting measures have to be harshened to put an end to such practices,” said Khalifa Bin Salim Al Mansouri, Acting Undersecretary of DED, ...

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• 6 September

  UAE’s first-ever ‘water homes’ arrives at Marasi Business Bay

  

  Dubai / Emirates Business Dubai Properties, a leading Dubai-based real estate master developer celebrated the spectacular voyage of the UAE’s first-ever water home as it made its way along the city’s newest attraction – the Dubai Water Canal – to berth at Marasi Business Bay. Over the coming days, the city will see more homes float into Marasi as Dubai ...

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• 6 September

  UAE marks ‘National Day’ at EXPO 2017 Astana

  

  Abu Dhabi / WAM The National Media Council (NMC) organised a celebration of ‘UAE National Day’ at the national pavilion at EXPO 2017 Astana, which will conclude on 10th September, as a symbolic national day allocated to each participating country, to present their heritage, culture and traditions. The celebration was attended by Timur Tokayev, Deputy Minister for Investment and Development ...

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• 6 September

  DREI to host ‘Urban Thinkers Forum’ in Oct

  Dubai / WAM Dubai Real Estate Institute (DREI) the educational arm of the Dubai Land Department (DLD), has announced that it is organising an ‘Urban Thinkers Forum’ in strategic partnership with the United Nations, UN, the World Economic Forum, WEF, and the International Monetary Fund, IMF. The three-day forum, which will focus on exploring technological solutions for future cities, will ...

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• 6 September

  Hurricane relief bill set to pass House as aid funds nearly gone

  Bloomberg The House is set to pass $7.4 billion for a federal disaster-relief fund two days before it’s set to run out as Hurricane Irma bears down on Florida and bills mount for a storm that flooded tens of thousands of houses in Texas. Senate Republican leaders want to use the Federal Emergency Management Agency funding measure to suspend the ...

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• 6 September

  UK tells business to train Britons in Brexit migrant clampdown

  

  Bloomberg Theresa May called on employers to train more British workers to fill vacancies after Brexit, after a leaked document suggested the UK is preparing to limit and discourage immigration from the EU. The prime minister said low-skilled immigration has hit the wages of British people and promised to control the numbers coming in after the country leaves the EU ...

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• 6 September

  Intel wins fight over $1.26 billion antitrust fine

  

  Bloomberg Intel Corp. won a round in its eight-year fight with the European Union (EU) over a $1.26 billion fine in a case that could have ramifications for a list of disputes involving US tech giants including Google and Qualcomm Inc. The EU’s top court ruled that Intel’s appeal had to be reexamined by a lower tribunal, criticising judges for ...

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• 6 September

  Kering, LVMH join in ‘size-zero’ model crackdown

  

  Bloomberg French luxury titans LVMH and Kering agreed to curb the use of ultra-skinny models on runways and in advertising campaigns, bowing to a public outcry over unhealthy depictions of young women by the fashion industry. The Paris-based companies said they’d implement stricter guidelines for the treatment of models, including increasing minimum garment sizes for fashion shows as well as ...

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• 6 September

  Canada ‘trade deficit’ exceeds 2.5 billion

  Bloomberg Canada’s merchandise trade deficit exceeded $2.5 billion for a second month in July as exports slumped. The shortfall of C$3.04 billion followed a revised C$3.76 billion reading for June, Statistics Canada reported on Wednesday from Ottawa. Economists predicted a C$3.3 billion deficit according to the median in a Bloomberg survey. Exports fell by 4.9 percent in July, and are ...

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• 6 September

  Louvre Abu Dhabi to open its doors on November 11

  

  Abu Dhabi / WAM Louvre Abu Dhabi on Wednesday announced it will open its doors to the public on November 11. It is the first museum of its kind in the Arab world: a universal museum that focuses on shared human stories across civilisations and cultures. The opening celebrations will include a wide range of public programmes, including symposia, performances, ...

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