May, 2017

• 3 May

  Aldar, Al Fahim join hands to set up Mercedes-Benz showroom on Yas Island

    Abu Dhabi / WAM Aldar Properties signed a partnership agreement with Al Fahim Group to bring the world’s first Mercedes-Benz and AMG showroom and state-of-the-art express service centre to Yas Island. The new showroom will be located in close proximity to Yas Mall and opposite the mall’s flagship luxury department store, Tryano. Construction is scheduled to start in the fourth ...

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• 3 May

  Meet on carbon capture, storage techniques held

    Abu Dhabi / WAM A meeting on carbon capture and storage (CCS), techniques has been hosted by the UAE Ministry of Energy in Abu Dhabi. It was the second biannual meeting of the Carbon Sequestration Leadership Forum, CSLF, an international climate change initiative focused on the development of improved cost-effective technologies for carbon capture and storage. The forum is aimed ...

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• 3 May

  Putin meets Erdogan as Russia pursues Syria diplomacy blitz

  

    Bloomberg Russian President Vladimir Putin continued his diplomatic push for a plan to establish safe zones in Syria backed by peacekeepers as he began talks with Turkish leader Recep Tayyip Erdogan in the Black Sea resort of Sochi on Wednesday. Russia and Turkey can “change the destiny of the whole region” together, Erdogan told Putin, who said relations between ...

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• 3 May

  Trump meets Abbas to weigh Middle East peace chances

    Bloomberg President Donald Trump welcomed Palestinian Authority leader Mahmoud Abbas to the White House on Wednesday as the U.S. president weighs how to approach a Middle East conflict that has eluded resolution for seven decades. “It’s a great honor to have the president with us,” Trump said in an Oval Office photo session with reporters. “Hopefully something terrific can ...

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• 3 May

  May accuses Juncker’s team of trying to sabotage election

    Bloomberg Prime Minister Theresa May struck back at European Commission President Jean-Claude Juncker, accusing his team of leaking details of their Brexit discussions to sabotage Britain’s election. Standing outside her 10 Downing Street office — after returning from visiting Queen Elizabeth II to mark the formal start of the campaign — May expressed her fury at seeing a long ...

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• 3 May

  In concert of nations, can Trump orchestrate a deal?

  

    Here’s a shocking statement: President Trump is basically right that the world is too dangerous and that the US should hold peace talks with, let’s see, Chinese President Xi Jinping, North Korean leader Kim Jong Un, Russian President Vladimir Putin and any other autocrats who are making trouble. American values tell us to oppose the undemocratic policies of these ...

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• 3 May

  Two subprime shocks betray India’s micro-lenders

  

    Mortgages are perhaps the only specialist lending that will survive in India. Every other form of credit, especially subprime, is made so risky by the country’s fickle policies and populist politics that it must eventually lose its independence in the safety of a deposit-taking bank. Bharat Financial Inclusion Ltd., India’s biggest micro-lender, is a good example. Bad loans at ...

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• 3 May

  May’s Brexit platform

  

    British Prime Minister Theresa May recently surprised the country — and most of her ministers — by calling an election for early next month. Up against self-imposed deadlines, and anxious to increase her majority in Parliament, she’s scrambling to devise a policy platform. With Brexit looming, this isn’t a normal election, and the usual litany of detailed proposals won’t ...

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• 3 May

  Slim chance of Trump-Kim meet

    First, the sandpaper-tongue US president called him a “smart cookie.” Then Trump says he is open to meet North Korean leader Kim Jong-un if conditions allow. Although Trump has made many policy U-turns, this is a classic one and steeped into irony. “If it would be appropriate for me to meet with him, I would absolutely, I would be ...

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• 3 May

  Etihad Airways adds more flights to Kerala

  

    Thiruvananthapuram / Emirates Business Etihad Airways is celebrating 10 years of flying to the southern Indian state of Kerala with the introduction of additional flights to the popular destination. The airline has launched a fourth daily non-stop service between Kozhikode and its Abu Dhabi hub offering convenient onward connections to cities worldwide. The extra capacity takes to 63 the ...

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