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Dubai / WAM The Dubai Multi Commodities Centre (DMCC), announced the dates for the upcoming Dubai Diamond Conference. The fourth edition of the conference will take place on September 26, at the Almas Conference Centre in Dubai. The one-day event will gather global industry professionals to discuss the impact of technological innovation on the diamond industry, its supply chain, and ...

Abu Dhabi / WAM Nawah Energy Company (Nawah), the subsidiary created by Joint Venture partners Emirates Nuclear Energy Corporation (Enec), and Korea Electric Power Corporation (Kepco), to operate, maintain the Barakah Nuclear Energy Plant, on Monday signed a Long Term Maintenance Services Agreement (LTMSA), with Korea Hydro and Nuclear Power (KHNP), supported by Kepco Plant Service and Engineering (KPS). Under the scope of ...

Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, among the early adopters of social media in the region, completes a decade of his presence on Twitter this June. To commemorate his decade-long presence on Twitter, a book featuring a collection of tweets by Sheikh Mohammed ...

ABU DHABI / WAM Sultan bin Saeed Al Mansouri, Minister of Economy (MoE), issued a ministerial decision approving the status of Economic Concentration in the UAE market for the upcoming acquisition of Careem – one of the leading start-ups established in the UAE – by global company Uber. Under the Competition Law No. 04 of 2012 and the Executive Regulation ...

Bloomberg President Donald Trump is threatening Iran with additional sanctions on Monday, but there’s not much left for the US to target because most of the Islamic Republic’s economy has been crippled by earlier penalties. The US is already sanctioning significant sectors including oil, banks and steel, leaving smaller targets including certain exports and government officials. Trump could hit Iran’s ...

Bloomberg Russia accused the US of stoking mass anti-government protests in neighbouring Georgia that were triggered by public anger at Moscow’s influence in the ex-Soviet nation. The surge in tensions came after at least 240 people were hurt in clashes between police and demonstrators in the Georgian capital, Tbilisi. Protesters were angered by pictures of a Russian lawmaker, Sergei Gavrilov, ...

Bloomberg Palestinians demonstrated in the West Bank on Monday against a Trump administration plan to raise tens of billions of dollars to boost their economy, calling it a “snow job” meant to persuade them to give up their goal of statehood. About 2,000 people converged on central Ramallah carrying a coffin meant to symbolise the death of this week’s US-backed ...

Bloomberg Andrej Babis, the billionaire Czech prime minister, is brushing off the nation’s biggest protest in 30 years, when the nation rose up and toppled communism. As many as 250,000 people rallied in Prague, seeking to pressure Babis to resign over his business interests and concern he may meddle with the courts. The premier, who won power in 2017 on ...

Bloomberg Boris Johnson faces mounting pressure to submit to public scrutiny, after his rival in the race to be UK prime minister tried to turn questions about the front-runner’s character to his advantage. Foreign Secretary Jeremy Hunt, the underdog candidate in the contest to lead the ruling Conservative Party, called on Johnson to take part in more media interviews and ...

Bloomberg Thailand is already struggling to cope with the environmental impact of a tourism boom that’s expected to lure 40 million visitors this year. The influx is on course to hit 65 million a decade from now, signalling an even bigger challenge ahead. Southeast Asia’s second-largest economy plans to pour about $13 billion into expanding airport capacity and connecting major ...