July, 2017

• 17 July

  Sheraa-powered ‘Yalla Pickup’ secures AED1mn in funding

  

  SHARJAH / WAM ‘Yalla Pickup’, a mobile application and web-based solution to order pickup trucks to move large consignments, has received a fresh lease of AED1 million in funding from its strategic partner ‘The Box’, provider of self-storage and transportation of goods services in the UAE. Catering to both businesses and individual customers, Yalla Pickup allows a smartphone, Android or ...

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• 17 July

  SEDD issued 33,149 licenses during H1

  SHARJAH / WAM Sharjah Economic Development Department (SEDD) has completed 33,149 issued and renewed licenses in Sharjah in the first half of 2017, according to the data released in its Licenses Annual Report of the year. According to a press statement, the report showed that the licenses renewed through the first half of the year reached 30,103, whereas May was ...

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• 17 July

  UAE to host IAEA N-energy meet

  

  ABU DHABI / WAM The Ministry of Energy has announced that the UAE will host the upcoming IAEA International Ministerial Conference on Nuclear Power in the 21st Century, taking place in Abu Dhabi from October 30 to November 1. The conference is being organised by the International Atomic Energy Agency (IAEA) in cooperation with the Nuclear Energy Agency (OECD/NEA) and ...

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• 17 July

  MoF assigns EDB ‘mortgage of movable property’ project

  

  DUBAI / WAM The Ministry of Finance (MoF) assigned Emirates Development Bank (EDB) to create an electronic register to publicise related rights to ‘Mortgage of Movable Property’. Khalid Ali Al Bustani, Assistant Under-Secretary of International Financial Relations Sector at the ministry and Rashid Mahboob Misbah, Acting CEO of EDB, in Dubai signed an agreement to this effect. The collaboration aims ...

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• 17 July

  Turkey adds troops in Qatar amid Saudi-led isolation

  

  Bloomberg Turkey is building up its military presence in Qatar, an adviser to President Recep Tayyip Erdogan said, in defiance of a Saudi-led bloc’s demand that the Turkish military pull out of the emirate. “Turkey’s steady buildup continues there, protecting the border and the security of the Qatari government,” adviser Ilnur Cevik said on Monday by phone. Turkey has deployed ...

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• 17 July

  Russia raises heat on Trump over seized property ahead of talks

  Bloomberg Russia stepped up pressure on the US to return seized diplomatic compounds in one of the first tests of whether Donald Trump and Vladimir Putin can convert the personal rapport of their initial meeting into improved relations. The country houses outside New York and Washington must be returned unconditionally after they were taken over by the US “absolutely in ...

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• 17 July

  UK’s Davis resumes Brexit talks as cabinet rows turn ugly

  

  Bloomberg UK Brexit Secretary David Davis returned to Brussels on Monday to resume Brexit talks with the European Union, as infighting among ministers in London over the future of Prime Minister Theresa May gathered pace. Davis and the EU’s chief Brexit negotiator, Michel Barnier, shook hands before the start of four days of talks on the priority issues identified by ...

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• 17 July

  Merkel’s rival channels Macron with call to spend

  

  Bloomberg Chancellor Angela Merkel’s main domestic challenger, Martin Schulz, joined international criticism of Germany’s budget surplus as he sought to gain an opening 10 weeks out from federal elections. Schulz, a Social Democrat whose party has been Merkel’s coalition partner for the past four years, pledged on Sunday to guarantee that surplus revenue would go towards spending on infrastructure if ...

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• 17 July

  Prez contender in Rwanda sees intimidation as test

  Bloomberg The last time Rwanda held presidential elections, opposition leader Frank Habineza’s deputy was killed and he fled into European exile. Seven years on, he sees his candidacy in next month’s vote as a cautious step towards greater political freedoms in the tiny East African country. The August 4 election will be the first time Habineza, who leads the Democratic ...

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• 17 July

  UK’s Brexit chaos leaves EU friends, foes bemused

  

  Theresa May’s goal at this point in the Brexit negotiations was to be a strong British prime minister —between European Union leaders. It hasn’t quite worked out that way. Instead, as Brexit Secretary David Davis heads to Brussels for the second round of negotiations, EU officials and politicians are looking at a Britain where senior ministers openly disagree about their ...

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