May, 2017

• 11 May

  Turkey, US at odds over arming Syrian Kurds

  US President Donald Trump has approved to directly arm the Syrian Kurdish forces in the fight to wrest back Raqqa, the self-declared capital of IS group. But Turkey, a US ally and NATO member, has criticized US plan as unacceptable and a threat to Turkey. Ankara says Syrian Kurds are linked to PKK militants in the country and supporting them ...

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• 11 May

  Russia determined to keep hacking polls: US intel chief

  

  Bloomberg State-led Russian hackers remain a “major threat” to the U.S. government and will keep up their attacks after seeking to influence the 2016 presidential vote, Director of National Intelligence Dan Coats said in an annual “Worldwide Threat Assessment.” Coats, in a statement prepared for a Senate Intelligence Committee hearing on Thursday, stood by past intelligence community assertions that only ...

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• 11 May

  Moon seeks to mend China ties over Thaad in call with Xi

  Bloomberg President Moon Jae-in told his Chinese counterpart Xi Jinping that he’s aware of Beijing’s concerns over a U.S. missile shield installed on South Korean territory and will work to resolve the problem. In their first phone conversation since his election victory this week, Moon told Xi that it may become easier to settle differences over the Terminal High Altitude ...

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• 11 May

  Najib rallies Malaysia support base as oppn crumbles more

  Bloomberg Malaysian Prime Minister Najib Razak called on his party to stay united ahead of a potential election within months, urging members to avoid complacency even as the opposition descends further into disarray. Surrounded by key lieutenants on stage at a 71st anniversary celebration of his United Malays National Organisation, the premier attacked detractors including former Prime Minister Mahathir Mohamad, ...

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• 11 May

  Oil price lifts some Gulf stocks, mixed earnings hit Saudi index

  

  DUBAI / Reuters Rising oil prices lifted energy company stocks in the Gulf on Thursday, but indices were mixed due to some negative earnings reports, especially in Saudi Arabia. The Riyadh index lost 0.7 percent. Savola Group, the kingdom’s largest food products company, reported a 96 percent drop in first-quarter net profit, sending its shares down 2.4 percent. The National ...

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• 11 May

  Europe stocks drop as oil leads commodity rebound

  

  Bloomberg European stocks retreated for the first time in three days as gains for mining shares and a boost to growth forecasts failed to dispel a broader mood of caution. Gold was poised to snap its six-day losing streak amid a wider commodity bounce. The Stoxx Europe 600 Index declined following a raft of corporate results. While companies including Telefonica, ...

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• 11 May

  Amlak net profit hits AED7.5mn

  

  Abu Dhabi / Emirates Business Amlak Finance PJSC, a leading specialized real estate financier in the Middle East, on Thursday announced its financial results for the first quarter ending March 31. Amlak reported net profits of AED 7.5 million for the quarter ended March 31 2017. This was the result of decline in intermittent nature of revenue from sale of ...

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• 11 May

  Sharjah Crown Prince inaugurates Medcare Hospital in Al Qasimia

  

  Sharjah / WAM His Highness Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, on Thursday inaugurated Medcare Hospital, located on King Faisal Street in Al Qasimia, Sharjah. H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah was present. As the first initiative of its kind, patients will be able to ...

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• 11 May

  Import ban on veggies, fruit from Jordan on: Ministry

  Dubai / WAM The Ministry of Climate Change and Environment (MoCCaE), denied rumours circulating on Jordanian media outlets with regards to the UAE’s lifting of the ban on imports of certain vegetables and fruits from the Kingdom of Jordan, saying that no decision has been issued in these regards by the UAE. Last month, the Ministry announced a decision to ...

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• 11 May

  DEWA donates 20,000 water cartons towards ‘For you Somalia’ drive

  Dubai / WAM Dubai Electricity and Water Authority (DEWA), participated in the ‘For you Somalia’ campaign, which was launched by the Emirates Red Crescent to alleviate millions of people suffering from famine and war in Somalia. This came as part of DEWA’s commitment to the community, and its efforts to achieve the objectives of the #Year of Giving, and to ...

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