February, 2017

• 28 February

  A frothy Chinese IPO can make some fickle friends

  

    China is counting on heady valuations and its power as the gatekeeper to get tech stars like Ant Financial to go public at home rather than in New York or Hong Kong. Listing candidates should be wary — no matter how much it’s reformed, the domestic market is full of fickle investors and regulators. China Securities Regulatory Commission Chairman ...

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• 28 February

  Keeping America’s doors open

    Donald Trump’s latest harsh immigration orders leave little doubt about how he and his administration view outsiders who have come to the U.S. illegally. His views on high-skilled, legal immigrants are more complicated. He’s vowed to punish companies that bend the rules to replace American workers with cheaper foreigners, but he’s also said he welcomes talented innovators to America’s ...

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• 28 February

  Samsung in bad spot over Lee’s indictment

    The influence-peddling scandal, which led to the impeachment of South Korean President Park Geun-hye, is getting knottier. It took the dramatic turn when a court granted special prosecutor’s request for permission to arrest Samsung Group’s de facto leader Jay Y Lee over allegations of bribery and embezzlement. Lee is accused to have made payments of tens of millions of ...

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• 28 February

  Qatar falls sharply, Etisalat drags on Abu Dhabi; Saudi flat

  

    DUBAI / Reuters Most stock markets in the Gulf fell on Tuesday with Qatar’s index hit particularly hard, but Saudi Arabia ended almost flat as petrochemical shares rebounded. Qatar’s stock index dropped 2.2 percent; all banking shares fell with Qatar National Bank retreating 2.9 percent. A monthly Reuters poll, published on Tuesday, found 62 percent of Middle Eastern fund ...

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• 28 February

  All’s not calm under stock market surface with Donald Trump on tap

  

    Bloomberg Behind the scenes of a stock market on a tear since Election Day are signs that investors have begun to worry about a rupture. They’re anxious before Donald Trump’s address to Congress on Tuesday, after a run-up that lifted the Dow Jones Industrial Average every day since the president promised a “ phenomenal” plan to cut taxes. One ...

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• 28 February

  VP, Seychelles prez discuss bilateral ties

  

    Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Tuesday at Zabeel Palace, President of Seychelles Danny Faure. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and ...

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• 28 February

  ‘Hope Makers’ initiative to rekindle hope in Arab world

    DUBAI / WAM Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has launched the ‘Hope Makers’ initiative. The effort, the largest of its kind in the region, aims to honour and acknowledge social and humanitarian programmes and projects that help improve people’s lives while spreading hope and instilling the positive values of ...

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• 28 February

  Dubai Customs launches ‘Jawab service’ on social media

  

    Dubai / WAM Dubai Customs launched on Tuesday, “Jawab service,” upon the directives of the wise leadership to make Dubai the world’s smartest city. The new artificial intelligence communication service, which connects Dubai Customs with its clients through social media platforms, was inaugurated in the presence of Ahmed Mahboob Musabih, Director of Dubai Customs. The new service will see a ...

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• 28 February

  UAE committed to promote respect for human rights: Gargash

  

    GENEVA / WAM Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs reiterated UAE’s commitment to promoting respect for human rights and fundamental freedoms. Giving the UAE statement on Tuesday before the High Level Segment of the 34th session of the United Nations Human Rights Council in Geneva, Dr. Gargash said by promoting respect for human rights, ...

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• 28 February

  Tourism sector is an important engine of economy: Mohamed

  

    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, received a delegation from the Abu Dhabi Tourism and Culture Authority (TCA) led by Mohammed Khalifa Al Mubarak and Saif Saeed Ghobash, Chairman and Director-General of the TCA, respectively. During the meeting also attended ...

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