DLD awarded in ‘productivity’ category

Dubai / Emirates Business Dubai Land Department (DLD) announced its achievement of the ‘Ideas Arabia 2019’ award, an addition to its track record of many local and international accomplishments, after taking first place in the “Productivity” category for its ‘Building Survey and Classification’ initiative. HE Sultan Butti bin Mejren, Director General of DLD, said: “We are proud of this remarkable ...

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DoE’s ‘recycled water policy’ to fulfill future needs

Abu Dhabi / WAM Abu Dhabi Department of Energy (DoE), announced the launch of a ‘Recycled Water Policy,’ that will ensure optimal use of recycled water in the emirate. Announced during a workshop held by DoE, which was attended by all concerned parties, the policy supports efforts to preserve Abu Dhabi’s water resources, including drinking and underground water, in order ...

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BlackRock’s unit aims to boost Asian renewables to $5b

Bloomberg BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy. The unit of New York-based BlackRock Inc. plans to raise invested capital in Asia-Pacific renewables to around $3 billion to $5 billion, from $500 million now, over ...

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Trump invites Kim to meet him at ‘demilitarised zone’

Bloomberg Donald Trump said he’d cross into North Korea at the country’s border to meet Kim Jong-un this weekend as the US president looks to restart stalled nuclear talks. “I will be in South Korea — I let him know,” Trump told reporters in Osaka, Japan, after a tweet in which he invited Kim for a handshake. “We’ll see. If ...

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US Senate rejects proposal to curtail Trump’s options in Iran

Bloomberg The Senate rejected legislation that would require President Donald Trump to seek congressional approval for military action in Iran — one of the few measures considered by the Republican-led chamber to curtail his war-making ability. The 50-40 vote was far short of the 60 needed to adopt the measure. The vote was kept open for about 10 hours to ...

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Merkel endorses Timmermans as EU Commission chief

Bloomberg German Chancellor Angela Merkel endorsed Manfred Weber and Frans Timmermans as the candidates left in the race to lead the European Union’s executive arm. Without mentioning them by name, Merkel made clear that the center-right German, from her political family, and the center-left Dutchman are the official and only contenders to head the European Commission. That leaves liberal Margrethe ...

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Brazil’s Bolsonaro calls off meeting with Chinese president over delay

Bloomberg Brazilian President Jair Bolsonaro called off a meeting in Japan with Chinese counterpart Xi Jinping after his delegation was left waiting. While delays in meetings at multilateral summits are not unusual — timetables often slip, and Russian President Vladimir Putin is famous for running behind, for example — it is less usual for a leader to call off a ...

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Trump hits at Maduro’s son in latest sanctions

Bloomberg The US sanctioned Venezuelan President Nicolas Maduro’s son in an escalation of Trump administration efforts to punish the socialist regime for corruption and authoritarian practices. Nicolas Maduro Guerra, 29, is a constituent assembly member and was appointed the head of the newly formed Corps of Inspectors of the Presidency in 2014, shortly after Maduro took power. In a statement ...

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Apple to move Mac Pro production to China

Bloomberg Apple Inc will manufacture its new Mac Pro computer in China, moving production of what had been its only major device assembled in the US, according to a person familiar with the company’s plans. The company will use Quanta Computer to make the $6,000 desktop computer and is ramping up production at a factory near Shanghai, according to the ...

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Tesla says Shanghai auto fire caused by battery-module fault

Bloomberg Tesla Inc said an isolated battery fault caused a Model S to catch fire in a Shanghai parking lot two months ago, as the US electric-car maker tries to ease safety concerns in its second-largest market. A joint investigation with experts and executives from China and the US found no “systematic defect” with the car, Tesla said in a ...

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