Bloomberg Theresa May and the European Union are heading for a high-stakes, last-minute gamble that will decide whether the UK leaves the bloc with or without a deal, people familiar with both sides said. On March 21 — just a week before Britain is due to exit the EU — the prime minister will have the chance to win a ...
Read More »Trump leaves Macron doubting US commitment to Nato
Bloomberg On a damp Tuesday evening in December, most of France was focused on the Yellow-Vest crisis that had seen demonstrators smashing up Paris. But holed up in his Elysee palace, President Emmanuel Macron and his team were dealing with a greater threat to the status quo not just in France, but across the western world. A White House contact ...
Read More »Stocks advance as trade hopes grow; dollar steady
Bloomberg Stocks extended gains around the globe on Wednesday after President Donald Trump signaled a more conciliatory stance towards China, fueling hopes of a breakthrough in the trade war when talks get underway later in the week. The dollar edged higher along with Treasuries. Futures on the S&P 500, Nasdaq and Dow Jones climbed as investors awaited earnings reports from ...
Read More »China’s high-stakes bid to boost stocks risks stoking bubble
Bloomberg Beijing is walking a tightrope between reviving its downbeat equity market and engineering another bubble. China’s securities regulator has started to remove many of the curbs designed to keep out speculators, signaling an end to the highly restrictive era that started when a boom in the country’s stocks turned to bust in 2015. The result has been an intensifying ...
Read More »Sharjah realty deals hit $6.13bn in 2018
SHARJAH / WAM The real estate sector in the Emirate of Sharjah has seen a big boom with 54,125 transactions valued at AED22.5 billion ($6.13 billion) in 2018, as per the annual realty transactions report revealed by the Sharjah Real Estate Registration Directorate. The real estate deals sealed last year covered over 52 million square feet, while the mortgages transactions ...
Read More »UAE-Slovakia deal to advance ICT cooperation
Dubai / WAM Richard Rasi, Deputy Prime Minister of the Slovak Republic for Investment and Information, shared prospects for cooperation between his country and the UAE during his participation in WGS. “We have more than 150 Slovak companies operating in the UAE and we are looking forward to further cementing our collaborationâ€, Rasi said.
Read More »VP views Emirati innovations at WGS
DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, viewed some innovative works presented by Brand Dubai, a branch of the Dubai Government Media Office, at the 7th World Government Summit (WGS). The three-day summit, which concludes on Tuesday, is being attended by representatives from over ...
Read More »â€˜Sheikh Zayed’s vision has given us a national identity’
DUBAI / WAM HH Sheikha Mariam bint Mohamed bin Zayed Al Nahyan, Chair of the Board of Trustees of the Salama bint Hamdan Al Nahyan Foundation, addressed the World Government Summit in Dubai on Tuesday. The speech was attended by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; ...
Read More »â€˜UAE has overcome many challenges through wisdom’
DUBAI / WAM The Vice President, Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, witnessed a session presented by His Highness Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, titled, “Journey of Wisdom” during the 7th World Government Summit. During his speech, Sheikh Saif ...
Read More »Enoc to expand aviation operations in Egypt
DUBAI / WAM Enoc Group announced plans to expand its aviation operations in Egypt through its acquisition of a share in the jet fuel hydrant system at Terminal 2 of Cairo International Airport. The Group also plans to establish a physical presence by opening an office for its aviation operations and jet fuel marketing, serving as a catalyst to enable ...
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