May, 2017

• 8 May

  Abu Dhabi expo hosts innovative projects by Emirati women

    ABU DHABI / WAM An annual exhibition organised by the Abu Dhabi Businesswomen Council opened on Monday to showcase the innovative projects launched by Emirati women entrepreneurs. Entrepreneurs from the UAE, Bahrain and Kuwait are participating in the exhibition held under the patronage of HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the ...

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• 8 May

  Emirates NBD first bank to utilise AECB scoring system

    DUBAI / WAM Emirates NBD announced it is the first bank in UAE to process loan or card applications utilising Al Etihad Credit Bureau Consumer Retail Banking Score. The AECB Consumer Retail Credit Bureau Score is the first scoring system for UAE’s retail banking customers, exclusively developed for risk prediction using historical data on repayment behaviour reported to Al Etihad ...

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• 8 May

  MENA region’s M&A deals decrease in first quarter

    Dubai / WAM Merger and acquisition (M&A) activity in the Middle East and North Africa (MENA) declined in the first quarter of 2017 recording 84 deals, compared to 115 deals in Q1 of 2016, according to the Q1 2017 M&A report from global professional services firm EY. However, the report shows that MENA deal values remained broadly stable reaching ...

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• 8 May

  Miral’s AED12bn Yas project unveiled

  

    Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed on Monday the launch of Miral’s AED12 billion master development plan to transform the southern end of Yas Island in Abu Dhabi. His Highness welcomed Miral’s delegation today at the Sea Palace Abu ...

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• 8 May

  What France’s Macron can do for free markets

  

    Once the initial market relief plays out — that, even during an unprecedented ‘anti-establishment’ wave in both Europe and the US, French voters rejected a far right president in Marine Le Pen of the National Front — interest will shift to how relative newcomer Emmanuel Macron will manage to govern in a country accustomed to mainstream politics. And it ...

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• 8 May

  India banks’ bad loan cleanup faces a long day in court

  

    India’s bad-loan crisis, afflicting almost 20 of banks’ assets, has moved tantalizingly close to a resolution. Giving the central bank the power to force lenders to shed soured debt is a welcome policy move. But a nine-month target to clear 60 large corporate delinquencies may be wishful thinking. The reason is an untested bankruptcy court. That’s a risk investors ...

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• 8 May

  China offers carrots in a news era

    The stick doesn’t seem to be working, so now China’s waving carrots to bring the country’s burgeoning media landscape into line. The State Council and the Central Committee of the Communist Party of China plan to boost the development of online outlets by creating new media institutions and encouraging eligible websites to go public, the official Xinhua news agency ...

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• 8 May

  Macron wins but big challenges lie ahead

    Emmanuel Macron, who started his own party En Marche! — or On the Move! a year ago, defeated National Front’s Marine Le Pen in France’s presidential election. The election threw up many surprises. Although Macron, a 39-year-old centrist, was projected as a winner by opinion polls, what is remarkable is that he became France’s youngest elected president just a ...

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• 8 May

  TRA inks MoU with Etisalat, du

  

    Abu Dhabi / WAM The Telecommunications Regulatory Authority (TRA), signed new strategic partnerships with Etisalat and du telecommunications at its headquarters in Abu Dhabi. The memoranda are part of the TRA’s plan of action aimed at achieving the objectives of the UAE National Vision 2021 to raise the country’s ranking among the top 10 countries in the National Readiness Index ...

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• 8 May

  International meet on terror financing begins in Abu Dhabi

    Abu Dhabi / WAM The three-day International Conference on Investigation and Prosecution in Terrorism Financing, organised by the Ministry of Justice in co-operation with the US Department of Justice and the US Criminal Division, with the participation of a delegation of authorities from Gulf countries, representatives from local and federal prosecutions, and experts from France, Austria and Jordan, started in ...

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