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Dubai / WAM The Dubai Gold and Commodities Exchange (DGCX), announced on Wednesday that it has rounded off a highly successful 2018 by breaking its annual volumes record, trading 22.26 million contracts, up 28 percent from the previous year. The total value of the contracts was $474.94 billion, beating its previous highest value of $448 billion traded in 2013. Average Daily ...

Dubai / WAM Mohammad bin Abdullah Al Gergawi, Minister of the UAE Cabinet Affairs and The Future, Vice Chairman of the Board of Trustees and Managing Director of Dubai Future Foundation (DFF), has appointed Maha Khamis Al Mezaina as Director of Area 2071 in Dubai Future Foundation. Area 2071 was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President ...

Dubai / WAM MyHome services from the Emirates Post will now be available for residents living in the apartments. The services were before available exclusively to residents of a villa, which enabled mail delivery to one’s home either once or twice a week – based on subscription package. Obaid Mohammed Al Qatami, Acting Chief Commercial Officer at Emirates Post Group ...

Abu Dhabi / WAM The second edition of the Abu Dhabi Publishing Forum (ADPF), organised by Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), is set to discuss a number of pressing topics in the publishing sphere under the theme, ‘The Future of Digital Publishing: Technologies & Challenges – the Global Experience’. This year’s edition of ADPF, ...

Bloomberg Chinese President Xi Jinping suggested that mainland China and Taiwan enter into “in-depth democratic consultations” and work towards unification, in the clearest sign yet that he wants to settle the 70-year dispute during his tenure. “China must and will be united, which is an inevitable requirement for the historical rejuvenation of the Chinese nation in the new era,” Xi ...

Bloomberg The family of a US citizen detained in Moscow on December 28 on suspicion of espionage said he was a former marine who was in Russia for a wedding. Paul Whelan, the director of global security for Michigan-based auto parts supplier BorgWarner Inc., hasn’t been in touch since the day of his arrest, his family said in a statement ...

Bloomberg The UK’s main focus in Brexit talks with its European Union counterparts is for a definition of the word “temporary” that persuades British lawmakers the country won’t be permanently tied to the bloc’s trade arrangements, Foreign Secretary Jeremy Hunt said. Prime Minister Theresa May deferred a parliamentary vote on the Brexit deal she negotiated with Brussels, acknowledging she didn’t ...

Bloomberg Kim Jong-un used his New Year’s address to issue a pointed warning to President Donald Trump, saying North Korea would take a “new path” in nuclear talks if the US didn’t relax economic sanctions. While Kim affirmed his willingness to meet Trump again, his nationally televised speech offered no new initiatives to advance talks that have sputtered since their ...

Bloomberg Donald Trump ended 2018 dramatically by ordering US troops out of Syria and accelerating his defense secretary’s resignation by two months. The first quarter of 2019 looks to be just as tumultuous. From China to Iran, Trump has set a host of deadlines for action that will help reveal if the president is really the global deal-maker he professes ...

Bloomberg US stocks fell as investors began the new year anxious about the same issues that sent equities to the worst December rout since the Great Depression. Safe havens rallied, with gold, bonds and the yen higher. The S&P 500 Index retreated, though losses were less than the overnight futures session suggested. The latest blow to investor sentiment came from ...