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ABU DHABI / WAM Abu Dhabi Global Market (ADGM), has been named ‘Financial Centre of the Year – Mena’ for a third year in a row by Global Investor magazine. The accolade, presented at the annual Mena Capital Markets Summit Awards in Dubai, is a testament to ADGM’s achievements and innovations across all three of its authorities – the Financial ...

Dubai / WAM Residential and infrastructure projects are driving the growth of Dubai’s construction sector and this trend is expected to gain momentum in the lead up to Expo 2020, a new analysis released by Dubai Chamber of Commerce and Industry has revealed. The analysis, based on recent data from the Dubai Statistics Centre and Haver Analytics, found that the ...

Abu Dhabi / WAM The Abu Dhabi National Exhibitions Company (Adnec) announced that bookings for both indoor and outdoor spaces for the upcoming editions of the International Defence Exhibition (Idex, 2019, and the Naval Defence Exhibition (Navdex, 2019), have already reached 95 per cent, revealing the global importance of the shows and the advanced preparations of the world’s leading players ...

Dubai / WAM Dubai World Trade Centre (DWTC), continues its commitment to support Dubai’s vision for leadership in energy security and efficiency through its energy diversification initiatives. In line with the Dubai Clean Energy Strategy’s aim of generating 75 percent of its energy consumption from clean sources by 2050, the DWTC is championing a range of resource and energy optimisation ...

Bloomberg As South Africa’s ruling party battles to bounce back from a succession of scandals and extend its quarter-century monopoly on power in next year’s elections, it has a key advantage: a wounded opposition. By forcing the unpopular Jacob Zuma to stand down as president in February, the African National Congress deprived the Democratic Alliance (DA) and Economic Freedom Fighters ...

Bloomberg President Donald Trump said Robert Mueller is behaving “viciously,” a day after the special counsel accused Trump’s former campaign chairman of lying in breach of an agreement to cooperate with authorities. In one of his most sustained and rambling attacks yet, Trump said on Twitter that Mueller is “ruining lives” as punishment against witnesses who he said refuse to ...

Bloomberg Ukraine imposed martial law in some regions a day after its navy was fired on by Russia in a major re-escalation of hostilities that drew condemnations of the Kremlin from the US and the European Union. President Petro Poroshenko said martial law was needed to ready Ukraine for potential further Russian aggression amid fears Sunday’s incident near Crimea would ...

Bloomberg As Theresa May flies into Northern Ireland to sell her Brexit plan, the Democratic Unionist Party is uniting behind leader Arlene Foster’s opposition to the deal. May was in Belfast to drum up support for her accord, which the DUP say imperils Northern Ireland’s place in the UK by potentially tying the region to European Union rules indefinitely. “The ...

Bloomberg The party linked to ousted former premier Thaksin Shinawatra remains a “dominant force” in Thailand and leads in polling by an opposition party ahead of a general election expected next year. About 17 percent of 9,000 people surveyed across Thailand last month said they would vote for the Thaksin-linked Pheu Thai party that was overthrown in a military coup ...

Bloomberg Africa is on the cusp of a liquefied natural gas (LNG) boom. That’s in part due to accelerating global demand. It’s also down to a fast-track method of getting the fuel to market. Kosmos Energy Ltd’s project in Mauritania and Senegal, set to get the go-ahead next month, will use a floating vessel to convert gas from the offshore ...