Masonry Layout

Bloomberg Facebook Inc. doesn’t know how news organisations will fit into an initiative to provide transparency for political advertising on its social network. The company came up with a policy that puts news publishers in the same category as political publishers for the purposes of its new ad-transparency efforts. Facebook told media organisations they would have to verify their identities ...

Bloomberg Russia said the US will have to drop its opposition to negotiating directly with the Taliban on the eventual pullout of American troops from Afghanistan or face a grinding and bloody war for years to come. The US refusal to talk with the hard-line extremist movement that controls 40 percent of Afghan territory is “why we are at a ...

Sharjah / Emirates Business Sharjah Investment and Development Authority (Shurooq) has signed a Memorandum of Understanding (MoU) with REI Holding Group and Haewon Medical Foundation Sejong General Hospital to establish the first Korean hospital in Sharjah. The signing ceremony took place in the South Korean capital Seoul, where HE Marwan bin Jassim Al Sarkal, as well as several representatives from ...

DUBAI / WAM The Roads and Transport Authority (RTA), signed a Memorandum of Understanding (MoU), with the Dubai Corporation for Ambulance Services enabling the issuance of approvals for ambulance vehicles operated by private health entities online. This move is a part of the RTA’s strategy to step up cooperation with all Dubai government departments and share information and knowledge in ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has set three requirements and procedures for UAE nationals to refund Value Added Tax (VAT) incurred on the new residences. The conditions state that in order to refund VAT, applicants must be UAE national; the monetary cost in question must have gone towards financing the construction of a new residence, set ...

Abu Dhabi / WAM The Abu Dhabi City Municipality has called upon property developers to expedite the registration of their real estate development projects under the Real Estate Regulatory Law No. 3/2015. A statement to this effect was made during a meeting with escrow account managers and developers and licensing of property units team at the Municipality. Attendees of the ...

Bloomberg China offered to reduce its trade surplus with the US by “at least $200 billion” in talks to head off a possible trade war, the director of the White House National Economic Council said. “The number’s a good number,” Larry Kudlow, President Donald Trump’s top economic adviser, told reporters at the White House. “I think just as important, they ...

Bloomberg India’s government counts on high-tech encryption, multi-layered authentication, and even 13-feet high walls to protect the world’s largest biometric database. But there’s no measure that prevents careless officials at government agencies from publishing the sensitive information online, exposing citizens to fraudsters and data misuse. The official website boasting Prime Minister Narendra Modi’s efforts to connect all Indian villages with ...

Bloomberg iZettle AB finalised its deal to be bought by PayPal Holdings Inc for $2.2 billion the evening before the Swedish fintech startup was set to price its shares in an initial public offering. It looked like an abrupt about-face for the company, which competes with Square Inc. and Canada’s Shopify Inc. On May 8 it announced it was seeking ...

Bloomberg Cisco Systems Inc. shares slipped in trading after the network-equipment maker’s fourth-quarter forecasts fell short of Wall Street’s most optimistic projections. Before the company provided its outlook for the current period, the stock had surged 32 percent in a year, last week reaching the highest price in more than 17 years. While Cisco said it’s optimistic about demand and ...