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Dubai / Emirates Business Business leaders in Dubai are more positive about their expectations of business conditions and business confidence in the third quarter of 2017, according to a new survey conducted by the Dubai Chamber of Commerce and Industry. The Business Leaders’ Outlook Survey revealed that 39% of respondents expect to see business conditions improve in Q3-2017. Around 43% ...

ABU DHABI / WAM The General Secretariat of the Abu Dhabi Executive Council and the Netherlands Embassy in the UAE discussed several issues of mutual concern, ways of promoting bilateral relations and cooperation in various sectors to enhance economic ties and serve their mutual interests. The discussion took place during the meeting of Dr Fahad Matar bin Mesaied Al Niyadi, ...

Bloomberg The US House is poised to vote on a bill to strengthen sanctions against Russia and prevent President Donald Trump from unilaterally lifting penalties, after the measure was delayed by procedural concerns and objections from energy companies. The measure, which was altered to ensure that oil companies can work on certain joint projects overseas, would also impose new sanctions ...

Bloomberg Qatar is falling short in its efforts to counter terrorism, the Saudi-led alliance said, an apparent setback to US mediation efforts after Secretary of State Rex Tillerson urged the bloc to ease its seven-week boycott of the Gulf nation. The group also added nine organizations based in Yemen and Libya as well as nine people from Qatar, Kuwait, Yemen ...

Bloomberg Initially investors celebrated a robust quarter from Alphabet Inc., driven by strong sales growth. Then they spotted a red flag: rising costs that could crimp margins going forward. The Google division generated most of the quarter’s revenue but paid out 22 percent of its $22.67 billion in sales in so-called traffic acquisition costs or TAC — payments to partners ...

Bloomberg President Donald Trump said the US and the UK are working on a potentially “big and exciting” trade deal and the relationship between the two countries is going to be “even better” after Brexit. Trump’s comments, made in tweets late on Monday and on Tuesday, came as UK Trade Secretary Liam Fox was in Washington to pave the way ...

Bloomberg General Motors Co.’s strategy of shunning discounted sales to rental-car companies to focus on more profitable deliveries of pickups and SUVs to U.S. consumers is boosting its bottom line. Adjusted earnings of $1.89 per share in the three months ended in June beat analyst estimates of $1.70 a share. The largest U.S. automaker sold a richer mix of sport ...

Bloomberg India’s ambitious ‘Housing for All’ plan is bumping up against some harsh realities. Prime Minister Narendra Modi set a target in 2015 of building 50 million homes in less than a decade, or about seven million a year. The nation has since added only 180,877 under the scheme, underscoring the challenge in achieving that target. “It was a moon ...

Bloomberg Economists raised their forecasts for China’s economic output after growth in the first half beat estimates. That robust activity is giving policy makers’ room to curb excessive and speculative borrowing. China’s gross domestic product will expand by 6.7 percent from a year ago in the third quarter and 6.6 percent in the fourth quarter, according to the median of ...

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, has received a delegation from the UAE Space Agency, which was accompanied by representatives of the space sector in the UAE. The delegation presented a demonstration on the most important accomplishments in UAE space ...