Masonry Layout

Dubai / Emirates Business Dubai Land Department (DLD) announced that it signed a strategic partnership agreement with Q4 Consultants. The agreement was signed by His Excellency Sultan Butti bin Mejren, Director General of DLD, and Deepak Batra on behalf of Q4 Consultants. Under the terms of the agreement, the Indian company will act as a ‘Real Estate Promotion Trustee’, supporting ...

Bloomberg Hong Kong’s stock exchange proposed to let “innovative” companies list in the Chinese enclave with dual-class share structures to avoid losing out on more initial public offerings by technology giants like Alibaba Group Holding Ltd. Allowing shares with extra voting power is part of a package of measures that may be the biggest change to the exchange’s listing rules ...

Bloomberg Go-Jek, Indonesia’s biggest ride-hailing service, agreed to acquire three local financial-technology companies, underscoring its ambition to become the dominant player in the country’s nascent digital-payments industry. The deals bring together Kartuku, Indonesia’s largest offline payments-processing company; Midtrans, the nation’s top online-payment gateway; and Mapan, a local community-based saving and lending network, Go-Jek said. Go-Jek and the three companies now ...

Bloomberg The first phase of Brexit talks is done. Now comes the hard part. UK Prime Minister Theresa May has secured agreement from the European Union to move on from discussing the divorce terms to mapping out a plan for the future trade relationship. Before that, she wants to nail down a transition deal as soon as possible. This is ...

Bloomberg China wants to deepen financial and investment links with the UK as Britain seeks to boost two-way trade once it leaves the European Union. Vice Premier Ma Kai said both countries should also push cooperation to a new level in areas including nuclear-power generation, manufacturing, high-speed rail, high-end manufacturing, and trade and investment liberalisation. “The United Kingdom has obvious ...

Bloomberg Fresh details of Uber Technologies Inc.’s alleged surveillance tactics and in particular its scraping of competitors’ information from the internet were revealed in a court filing. Prosecutors involved in a criminal investigation of Uber learned of the tactics from a former manager of the company’s global intelligence unit who had documented them in a letter to an in-house lawyer ...

Bloomberg Secretary of State Rex Tillerson called out Russia and China at the UN for giving North Korea an economic lifeline, even as the top US diplomat struggled to staunch confusion over the US position on conditions for talks with Kim Jong Un’s regime. Addressing the United Nations Security Council, Tillerson said China and Russia’s refusal to sever ties with ...

Riyadh / WAM The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud of Saudi Arabia, has discussed with His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, strengthening brotherly and strategic relations between the two countries, and the overall regional and international issues ...

Abu Dhabi / Emirates Business Abu Dhabi National Exhibitions Company (ADNEC) lately participated in several highly-targeted international events to promote Abu Dhabi’s state-of-the-art meetings, incentives, conferences and exhibitions (MICE) infrastructure and attract international associations and organisers to host their events in the UAE capital. Khalifa Al Qubaisi, Acting Chief Commercial Officer of ADNEC, said: “Our participation in these landmark events ...

DUBAI / Emirates Business Next Orbit Ventures (NOVF) ESDM, the newly launched Abu Dhabi-based fund established under the Abu Dhabi Global Markets (ADGM) jurisdiction, announced the launch of $2 billion fund for building semiconductors and electronics fab ecosystem in India. For the first time, an India-based fund going to be raised from GCC-based investors will be regulated by an external ...