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Dubai launches smart app for real estate valuators

Dubai / WAM The Real Estate Regulatory Authority (RERA), at Dubai Land Department (DLD), announced the launch of the smart application for real estate valuators ‘Taqyimee’, which will have a positive impact on the real estate valuation activities in the Emirate. The launch was attended by Sultan Butti bin Mejren, Director-General of DLD; Marwan bin Ghalita, CEO of RERA; and ...

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Trump may try to suppress key part of Mueller’s findings

Bloomberg The White House may try to block portions of Special Counsel Robert Mueller’s final report from being shared with Congress and the public in a fight that could end up before the Supreme Court. Mueller may submit his findings on Russian interference in the 2016 presidential campaign to the Justice Department as early as February, according to one US ...

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Elon Musk breaks ground on $5bn Tesla factory in Shanghai

Bloomberg After four years of planning, Tesla Inc finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious. Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city to kick off construction of what ...

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Handcuffed and roped up, Ghosn to address Japan court

Bloomberg Carlos Ghosn will speak publicly on Tuesday for the first time since his arrest almost two months ago, when he appears in a Japanese court. Handcuffed and with a rope tied around his waist, as is the practice in Japanese courts, the former Nissan Motor Co. chairman will declare his innocence and deny any wrongdoing, according to his chief ...

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Rift between Germany, Brazil stalls work on carbon market

Bloomberg A dispute pitting two groups of nations led respectively by Germany and Brazil is holding up work on creating a global market for trading carbon pollution, one of the pillars of the Paris Agreement on climate change. After bruising talks at a United Nations climate conference last month, the two groups remain at odds on how to structure the ...

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Job report signals solid US economy

Bloomberg The US job market delivered a blowout performance in December, giving a clearer signal that the economy is on solid footing even as investors fret about the trade war and other risks in 2019. US stocks and Treasury yields surged after Labor Department figures showed employers added the most workers in 10 months, wage gains accelerated and labour-force participation ...

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PG&E bankruptcy talks set stage for face-off with California

Bloomberg In weighing a bankruptcy, power giant PG&E Corp may be firing a warning shot to California lawmakers: Help us or watch the largest utility in your state go insolvent. The company is considering whether to file for bankruptcy protection in as soon as weeks to organise the billions of dollars in potential liabilities from wildfires its equipment may have ...

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UAE, Pakistan explore ways to enhance ties in vital sectors

Islamabad / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Sunday held talks with Prime Minister Imran Khan, focusing on strengthening the relations between the UAE and Pakistan, in addition to the current regional and international developments. His Highness Sheikh Mohamed affirmed his keenness ...

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DXB records 6.9 million customers in November

Dubai / WAM The Dubai International Airport (DXB), welcomed 6.9 million customers in November 2018, bringing the hub’s year to date traffic to 81.4 million passengers. In a statement issued on Sunday by DXB, the Airport said, “The number of customers served was 6,897,169 in November (-0.8%) taking DXB’s year to date numbers to 81,426,428 (+1.3%).” Baggage volumes of 5.8 ...

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ArabPlast sees attendance of 900 firms from 32 countries

Dubai / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Cabinet Member and Minister of Infrastructure Development, opened on Sunday ArabPlast 2019, the biggest plastics, petrochemicals and rubber industry exhibition in the Middle East and North Africa (Mena), region, at the Dubai International Convention and Exhibition Centre. This edition of ArabPlast witnessed the presence of more than 900 companies from ...

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