August, 2016

• 27 August

  More houses in Japan may actually drag down inflation

  

    Bloomberg Rising housing investment is a sign that the Bank of Japan’s negative-rate policy is working, according to Bank of Japan (BOJ) Governor Haruhiko Kuroda. But it also has a lot to do with tax changes, and ironically, the increasing supply of new homes might drag down Japan’s inflation rate, the opposite of what Kuroda wants. Speaking in June, ...

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• 27 August

  China’s cities to plan curbs to tame property boom

  

    Bloomberg China’s biggest cities aren’t done trying to tame their soaring property markets. Shanghai, where prices of new homes jumped 27 percent in July, is preparing to discuss a fresh round of curbs including potential restrictions on mortgages and loans to developers, according to people familiar with the matter. Beijing and Tianjin are also contemplating new measures to rein ...

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• 27 August

  Blackstone to buy Alecta’s US properties for $1.8bn

  

    Bloomberg Blackstone Group LP is in a $1.8 billion deal to buy the US real estate assets of Alecta, the Swedish pension manager that is seeking to exit investments that don’t fit with its strategy, according to a person with knowledge of the transaction. The purchase mainly consists of retail and office properties, said the person, who asked not ...

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• 27 August

  US$7.5mn Berkeley mansion hits the market again

  

    Bloomberg After sitting vacant for more than a decade, a 12,000-square-foot mansion on three acres in Berkeley, Calif., is again coming on the market. Asking price: $7.5 million. John Park, the founder of Fortiss, a company that runs casinos and card clubs, purchased the property in 2005 for what he says was about $6.3 million. He’d lived nearby, and ...

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• 27 August

  MoF hosts ‘Woman and Innovation’ forum

  

    Abu Dhabi / WAM In line with national celebrations of Emirati Women’s Day, the Ministry of Finance (MoF) organised a forum titled “Woman and Innovation”, at its premises in Dubai. The forum aimed to highlight the country and the Ministry’s efforts to promote women’s empowerment across different fields. This commitment has led to the launch of a number of projects, ...

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• 27 August

  UAE women proud of wise leadership, says Lubna Al Qasimi

  

    Abu Dhabi / WAM The UAE women are proud of , and grateful to the wise leadership of the UAE for the unlimited support that led to their advancement, Sheikha Lubna bint Khalid Al Qasimi, Minister of State for Tolerance has said. In a statement to mark the Emirati Women’s Day, Sheikha Lubna paid tribute to President His Highness Sheikh ...

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• 27 August

  ‘Emirati women are in their prime’

    Sharjah / WAM Hana Saif Al Suwaidi, Chairperson of the Environment and Protected Areas Authority in Sharjah, said Emirati women are in their prime and are consistently empowered and encouraged to live their dreams by President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Their Highnesses the Rulers of the UAE, and have been so since the days of ...

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• 27 August

  UAE women play pivotal role in devp: Al Mazrouei

    Abu Dhabi / WAM Secretary General of the Abu Dhabi Executive Council Dr. Ahmed Mubarak Al Mazrouei has praised the achievements of Emirati women, saying they represent an exceptional role model in the region. In a statement he made on the occasion of the Emirati Women’s Day, Al Mazrouei said that the decision by H.H. Sheikha Fatima bint Mubarak, Chairwoman ...

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• 27 August

  Etihad Airways celebrates Emirati Women’s Day in Abu Dhabi

  

    Abu Dhabi / Emirates Business Etihad Airways has marked Emirati Women’s Day by announcing that more than half the UAE nationals employed by the airline are women, including nearly 50 pilots. Aisha Al Mansoori recalls being mesmorised by the aerial activity at Al Ain Air Show in 2007. Nowadays, she is one of those pilots, flying the largest passenger ...

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• 27 August

  Abe pledges $30bn for Africa over next 3 years

  

    Bloomberg Japan will invest $30 billion to boost Africa’s economic growth and infrastructure over the next three years, Prime Minister Shinzo Abe said as he sought to win over national leaders already being wooed by China and the US. The Asian economy’s planned investment in the continent of 1.2 billion people shows it has “faith in Africa’s future,” Abe ...

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