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Dubai / WAM The Real Estate Regulatory Authority (RERA), at Dubai Land Department (DLD), announced the launch of the smart application for real estate valuators ‘Taqyimee’, which will have a positive impact on the real estate valuation activities in the Emirate. The launch was attended by Sultan Butti bin Mejren, Director-General of DLD; Marwan bin Ghalita, CEO of RERA; and ...

Abu Dhabi / Emirates Business The next edition of Navdex 2019, held under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE and Supreme Commander of the Armed Forces, will witness a record number of international and local participant companies specialised in the maritime defence industry. Held at the Abu Dhabi National Exhibition Centre ...

Bloomberg Eskom Holdings SOC Ltd will extend its strategy of trimming top executive positions to include lower ranking managers and finally the general workforce as South Africa’s cash-strapped power utility looks to cut costs, according to a person familiar with the plans. The state-owned company last month reduced its highest executive structure to nine positions from 21 by regrading and ...

Bloomberg Goldman Sachs Group Inc cut its oil price forecasts for 2019, citing a re-emerging surplus and resilient US shale production. Global benchmark Brent crude will average $62.50 a barrel this year, analysts including Damien Courvalin said in a January 6 note, down from a previous estimate of $70. US marker West Texas Intermediate will average $55.50 a barrel, down ...

Bloomberg The White House may try to block portions of Special Counsel Robert Mueller’s final report from being shared with Congress and the public in a fight that could end up before the Supreme Court. Mueller may submit his findings on Russian interference in the 2016 presidential campaign to the Justice Department as early as February, according to one US ...

Bloomberg US President Donald Trump and North Korean leader Kim Jong Un could meet in Vietnam’s capital for their second summit on Pyongyang’s nuclear ambitions, the South Korean newspaper Munhwa Ilbo said. Denuclearisation talks have sputtered since Trump and Kim held an unprecedented June meeting in Singapore, with Washington and Pyongyang each calling on the other to take action. A ...

Bloomberg Two powerful regional politicians are teaming up in India’s most populous state to take on the country’s ruling party ahead of national elections, in a move that complicates Prime Minister Narendra Modi’s push for a second term in office. The leaders of the Samajwadi Party and Bahujan Samaj Party have decided “in principle” to unite to contest the polls ...

Bloomberg Gabonese authorities said they put down an attempted coup by a group of mutineering soldiers who’d seized control of the national broadcaster and vowed to “save a democracy in danger.” Communication Minister Guy-Bertrand Mapangou told Radio France Internationale that order had been restored, and the capital, Libreville, was largely quiet. His statement came hours after Ondo Obiang Kelly, an ...

Bloomberg Lawmakers called on Theresa May to rule out a no-deal Brexit, stepping up a campaign against an outcome they say threatens the livelihoods of voters. “Manufacturing plants employ thousands of our constituents and their jobs will be put at immediate risk if the United Kingdom leaves the European Union with no deal,” some 209 lawmakers from both May’s Conservatives ...

Bloomberg After four years of planning, Tesla Inc finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious. Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city to kick off construction of what ...