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ABU DHABI / WAM The Abu Dhabi General Services Company, Musanada, has announced the completion of construction works on the Mohamed bin Zayed School. Construction costs of the all-boys school reached AED170 million, Musanada revealed, adding that the project was undertaken as part of the Abu Dhabi Future Schools Programme (ADFSP). The handover process to the Abu Dhabi Department of ...

DUBAI / Emirates Business Dubai International Financial Centre (DIFC), a global top 10 International Financial Centre and the leading financial hub in the Middle East, Africa and South Asia (Measa), signed individual memorandums of understanding (MoU) with two leading institutions to fuel the region’s insurance sector by upskilling talent as well as promoting efficiency and improvement. MoUs were signed with ...

Bloomberg US Secretary of State Michael Pompeo arrives in Ukraine this week to voice support for the embattled nation, a message muddled by Rudy Giuliani’s latest visit there in search of dirt on Joe Biden and by the pending Senate impeachment trial of President Donald Trump. Pompeo will “reaffirm US support for Ukraine’s sovereignty and territorial integrity” when he visits ...

Bloomberg The Taliban claimed responsibility for an attack that killed at least 14 Afghan soldiers on Monday, diminishing hopes for a nationwide ceasefire proposed by the US government. The insurgents attacked a checkpoint in the northern Jawzjan province, the province’s spokesman Abdul Marouf Azar said by phone. Five soldiers were wounded and two soldiers are missing, he said. Taliban spokesman ...

Bloomberg Russian President Vladimir Putin called US President Donald Trump to thank him for intelligence that helped prevent terrorist acts as the country prepares to celebrate the New Year’s holidays. While the Kremlin didn’t provide any details in its statement, the Federal Security Service, or FSB, said it arrested two people in St. Petersburg who were planning attacks during the ...

Bloomberg The US launched air strikes on five bases in Iraq and Syria used by an Iranian-backed militia after repeated attacks on the American-led coalition operating in the region. “What we did was take a decisive response that makes clear what President Trump has said for months and months and months, which is that we will not stand for the ...

Bloomberg Kim Jong Un urged “positive and offensive measures” to bolster North Korea’s security, as the Trump administration said it was watching for provocations around the regime’s year-end deadline. Kim issued his call for action during an unusually large and lengthy meeting of North Korea’s ruling Workers’ Party, which continued behind closed doors on Monday in Pyongyang. Donald Trump’s national ...

Bloomberg China’s sprawling bureaucracy is undergoing a regional reshuffle of a rare scale, with new appointments and job swaps offering hints of potential future leaders being groomed by Beijing. At least 32 new mayoral-level officials have been appointed since December 21, with 29 of them being relocated to a new province for the first time, according to data compiled by ...

Bloomberg After a fairly abysmal 2019 for US energy mergers and acquisitions, investors are signalling to oil executives and investment bankers that the days of big-premium deals are over. Some of the year’s most notable mergers, including Occidental Petroleum Corp’s blockbuster takeover of Anadarko Petroleum Corp, were met with investor criticism and the sustained selling of the acquirer’s stock. Shareholders ...

Bloomberg Rio Tinto Group is resuming operations at its South African mine that was shuttered earlier this month because of escalating violence in surrounding communities. The Richards Bay Minerals unit should be back at full operations in early January, leading to regular production in early 2020, Rio said in a statement on Monday. The decision was taken after discussions led ...