July, 2017

• 15 July

  Dubai Economy issues over 10k commercial licenses during H1

  DUBAI / WAM The Business Registration and Licensing (BRL) Sector at Dubai Economy has registered record results in the number of licenses issued in the first half of 2017 with 10,455 commercial licenses issued at an average of 1,743 licenses per month, while the total number of licenses renewed was 71,831 at a monthly average of 11,971. These results underline ...

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• 15 July

  ADU aims to align education with labor market needs

  

  Abu Dhabi / Emirates Business Abu Dhabi University’s (ADU) Career Development Department has begun preparations to implement a comprehensive plan of events, activities and initiatives that enhance career opportunities for graduates, and provide them, even before graduating, with support and guidance they need to succeed on career paths. The plan will include interactive training programs and specialized workshops aimed at ...

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• 15 July

  Second Russian’s role at Trump Jr meeting raises host of questions

  

  Bloomberg The meeting that Donald Trump Jr. had in June 2016 with a woman billed as a Russian government lawyer included at least one other person with long-standing ties to Russia. Rinat Akhmetshin, who once served in a Soviet counterintelligence unit, told the Associated Press that he was also there, along with a translator. The revelation adds to the questions ...

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• 15 July

  Republicans to give documents on Obama ‘leaking’ allegations

  Bloomberg House Republicans plan to give federal prosecutors what they say is evidence that Obama administration officials illegally shared or leaked names of associates of President Donald Trump that were incidentally collected in US government eavesdropping. The Intelligence Committee obtaine information from documents and other sources that it plans to turn over to the Justice Department, likely by August, to ...

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• 15 July

  Trump takes travel ban dispute to US Supreme Court again

  

  Bloomberg President Donald Trump’s administration took the dispute over his temporary travel ban to the Supreme Court again, asking the justices to let the government bar entry into the US by people with grandparents and cousins in the country. The administration filed papers late Friday asking the court to clarify a June 26 ruling that said the government had to ...

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• 15 July

  UK should keep ‘option open’ of staying in EU

  

  Bloomberg Former Prime Minister Tony Blair said Britain should keep open the option of staying in the European Union so Brexit can be called off if the mood of voters changes during the two-year negotiation period. The damage to the economy and livelihoods caused by a break from the 28-nation bloc is becoming clearer as divorce proceedings continue, and a ...

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• 15 July

  China releases legal scholar Xu Zhiyong after 4 years in Jail

  Bloomberg China freed the most prominent dissident jailed under President Xi Jinping, drawing further attention to the country’s human-rights record amid an international outcry over the death of Nobel laureate Liu Xiaobo. Xu Zhiyong, 44, founder of the New Citizens’ Movement, was released on Saturday after completing a four-year prison sentence for gathering a crowd to disturb the public order, ...

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• 15 July

  First signs of oil rebalance seen showing in New York

  

  Bloomberg New York gasoline traders have figured out something the rest of the oil world is dying to know how to do: balance the market. Mid-Atlantic gasoline supplies are now more than 5 million barrels lower than year-ago levels, an impressive decline considering stockpiles in the region swelled to 42.3 million in February — the highest level in government records ...

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• 15 July

  Kuwait sees oil inventories falling as OPEC keeps cutting

  

  Bloomberg Crude oil inventories will decline at a faster pace worldwide in the second half of the year as demand increases and OPEC members comply better with a global agreement to cut output, Kuwait’s OPEC Governor Haitham al-Ghais said. The Organization of Petroleum Exporting Countries and other major producers including Russia agreed in May to extend their supply-cuts deal through ...

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• 15 July

  Renewables not a threat to US grid: Study

  

  Bloomberg Wind and solar power don’t pose a significant threat to the reliability of the US power grid, Energy Department staff members said in a draft report, contradicting statements by their leader Rick Perry. “The power system is more reliable today due to better planning, market discipline, and better operating rules and standards,” according to a July draft of the ...

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