March, 2017

• 30 March

  Indonesian Sukuk raises Nasdaq Dubai listing to record US$50bn

  

    DUBAI / WAM The government of Indonesia on Thursday listed two Sukuk with a total value of US$3 billion on Nasdaq Dubai. The listings raised the total nominal value of all Sukuk listed in Dubai above US$50 billion for the first time, to a global record high of US$52.06 billion. The Indonesian government is the largest issuer on the ...

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• 30 March

  Marka posts AED294mn revenue

    Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, on Thursday released its audited full year 2016 financial results. For the 12 months ending December 31, 2016, the company reported total revenue of AED 294 million, an increase of 36.89 % over the full year results for 2015. The results revealed an ...

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• 30 March

  Mashreq Al Islami donates AED100,000 to ERC

  

    Dubai / Emirates Business Mashreq Al Islami – the Islamic banking division at Mashreq bank, as part of its ongoing campaign to make a difference to the lives of the underprivileged, has tied up with Emirates Red Crescent to deliver its promise of the ‘contribute for good’ feature on its credit card. The bank, inspired by the UAE’s Year ...

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• 30 March

  Aster DM Healthcare expands network to GCC, India

  

    Dubai / Emirates Business Aster DM Healthcare, the Dubai based healthcare conglomerate, reported a healthy 2016-17 fiscal year led by its continued expansion and acquisition strategy. Over the past year, the group has expanded its network across GCC as well as India. Aster DM Healthcare also announced the closure of US$295 million, comprehensive group-wide credit facility with Axis Bank. ...

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• 30 March

  Putin on US election hack charge: ‘Read my lips: No’

  

    MOSCOW / AP President Vladimir Putin on Thursday emphatically denied allegations of Russian meddling in the US presidential election and said Moscow would maintain hopes of improving relations while waiting for political infighting in Washington to stop. Putin also said he is ready to meet with President Donald Trump in Finland if that country hosts an Arctic leaders’ summit, ...

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• 30 March

  US, Turkey struggle to resolve Kurds dispute

  ANKARA / AP The United States and Turkey struggled on Thursday to resolve a deep dispute over the Kurdish role in the fight against the IS group, but appeared no closer to a resolution as US Secretary of State Rex Tillerson wrapped up his first trip to Turkey. As the US prepares an operation to retake the de facto IS ...

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• 30 March

  NATO, Russia share troop information

    BRUSSELS / AP NATO’s chief says the allies and Russia remain at loggerheads over the conflict in Ukraine but have exchanged briefings on their troop movements elsewhere in Europe to help ease tensions. NATO Secretary General Jens Stoltenberg said the “allies and Russia continue to have clear disagreements on the crisis in and around Ukraine.” Stoltenberg’s remarks came after ...

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• 30 March

  UNHCR: Number of Syrian refugees tops 5mn mark

    GENEVA / AP The number of Syrians who have fled their country after six years of war has surpassed the 5 million mark, the UN refugee agency said on Thursday. UNHCR announced the milestone a year after participating countries at a Geneva conference pledged to “resettle and facilitate pathways for 500,000 refugees” from Syria — but that only half ...

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• 30 March

  Pandas: Their needs grow with age!

  

    DUJIANGYAN / AP Failing eyesight, poor digestion, bad teeth, limbs no longer so limber: With captive giant pandas living longer than ever, the list of their physical and even emotional needs is growing. China, the pandas’ native home, is seeking to cater to those requirements with a special home for the old timers along with customized diets, exercise and other ...

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• 30 March

  China pushes talks to create $241 billion power giant

  

    Bloomberg China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group Corp. and power generator China Datang Corp. to discuss a possible merger, according to people with knowledge of the situation. The talks are at an early stage and there’s no guarantee of a deal, said the people, who asked not to be identified as the information isn’t ...

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