Dubai / WAM Dubai Crown Prince and Chairman of the Executive Council His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said that the Government of Dubai is taking the necessary steps to implement the 50-Year Charter to ensure a sustained development march that will turn Dubai into the best city in the world. His Highness Sheikh Hamdan bin ...
Read More »AMAF donates AED1mn to Al Jalila children’s hospital
Dubai / WAM The Awqaf and Minors Affairs Foundation (AMAF), donated AED1 million to Al Jalila Children’s Specialty Hospital to support the hospital’s advanced scientific research in paediatrics, help families of patients, and provide an integrated social safety network. Commenting on the announcement, Khaled Al Thani, AMAF Deputy Secretary-General, presented the donation cheque to Dr Abdulla Ibrahim Al Khayat, CEO of ...
Read More »Kim may ready rocket launch, blames US for summit flop
Bloomberg North Korea could be preparing to launch a missile or rocket in the near future, according to satellite images of activity in the country, US radio network NPR reported, while the country’s state media said the world is blaming the US for ending the Hanoi summit without an agreement. The images were taken on February 22 at the Sanumdong ...
Read More »â€˜Malaysia opposition won’t leave coalition’
Bloomberg Malaysia’s former ruling coalition will remain intact as two component parties set aside differences with their bigger partner who is joining forces with an radical opposition group, the Star reported. The Malaysian Chinese Association and the Malaysian Indian Congress — ethnic minority-led parties in the Barisan Nasional alliance —said they won’t break away from the coalition that ruled the ...
Read More »Dissolved princess-backed Thai party to oppose Junta
Bloomberg The former members of a dissolved Thai opposition political party said they will carry on trying to block the military government’s effort to retain power in the general election. Using the umbrella term “Moving Forward for Democracy,†the ex-leaders of Thai Raksa Chart said they will campaign publicly for the full restoration of democracy in Southeast Asia’s second-largest economy. ...
Read More »Russia trolls change tack to disrupt US vote
Bloomberg Russian internet trolls appear to be shifting strategy in their efforts to disrupt the 2020 US elections, promoting politically divisive messages through phony social media accounts instead of creating propaganda themselves, cybersecurity experts say. The Kremlin-linked Internet Research Agency may be among those trying to circumvent protections put in place by companies including Facebook Inc. and Twitter Inc. to ...
Read More »Venezuela’s ex-VP charged in US for evading sanctions
Bloomberg Venezuela’s Minister of Industry and National Production was charged with violating a US law targeting foreign drug traffickers with sanctions by using private jets supplied by American companies. Prosecutors claim Tareck Zaidan el Aissami Maddah and his business partner, Samark Lopez Bello, broke the law by taking the flights, including one on February 23 from Russia to Venezuela. El ...
Read More »Nigerians elect powerful governors amid fears of violence
Bloomberg Nigerians began voting on Saturday for state governors and assemblies in an election that the military said may be threatened by violence. The balloting in 29 of the 36 states and the Federal Capital Territory in Africa’s biggest oil producer is the second round of general elections that saw President Muhammadu Buhari win a new and final four-year term ...
Read More »Possible China-US gas supply deal predates trade war talks
Bloomberg A new gas supply deal between the US and China that’s expected to be part of a broader trade agreement has been in the works since before the trade war began and was put on ice after tensions flared, according to people with knowledge of the matter. A deal between Cheniere Energy Inc. and China’s Sinopec, expected to be ...
Read More »Crescent Point takes $2 billion writedown
Bloomberg Crescent Point Energy Corp., the Canadian oil driller that fended off an activist investor last year, wrote down the value of its assets by C$2.73 billion ($2 billion) and is putting more holdings on the block as its new chief executive officer targets core operations. The after-tax writedown reflects the fair value of its assets, many of which were ...
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