Dubai / WAM Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa, and South Asia (Measa) region, has concluded the first edition of its ‘Finance for Youth’ programme, which gathered over 45 select Emirati finance and business students and fresh graduates for five days of insightful talks and conversations at The Academy. The Programme featured ...
Read More »252 Emiratis receive AED190 million in housing assistance
Dubai / WAM The Board of Directors of the Sheikh Zayed Housing Programme has approved the names of 252 citizens who are eligible for housing support, valued at AED190 million, as part of the third and final group of 800 housing support decisions that were announced at the start of the month, on the occasion of World Population Day. The ...
Read More »First-of-its-kind green house opens in Al Ain
Al Ain / WAM Mohammed bin Ahmed Al Bowardi, Minister of State for Defence Affairs, and Mariam Hareb Almheiri, Minister of State for Food Security, have attended the official opening of the Al Dahra BayWa Greenhouse in Al Ain. The event also welcomed Khadim Al Derai, Vice President of Al Dahra Agricultural Company; Saeed Albahri Alameri, Director-General of Abu Dhabi ...
Read More »UAE issues new law to enhance monetary policy performance
ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued Federal Decree-Law No. 14 of 2018 regarding the ‘Central Bank and Organisation of Financial Institutions and Activities’. The provisions of this law does not apply to the Financial Free Zones in the State and the financial institutions regulated by the authorities of those zones. On ...
Read More »ADGM, IDB join hands to support Abu Dhabi’s industrial sector
ABU DHABI / WAM The Registration Authority of Abu Dhabi Global Market (ADGM), has signed a Memorandum of Understanding (MoU), with the Industrial Development Bureau (IDB), of the Abu Dhabi Department of Economic Development (DED), to support strategic industrial projects, expands the region’s industrial sector, and promote economic diversification. The agreement was signed by Khalifa bin Salem Al Mansouri, Under-Secretary ...
Read More »Trump calls for unity after 11 killed in synagogue shooting
Bloomberg Donald Trump condemned “all forms of evil,†including anti-Semitism, after a mass shooting at a synagogue in Pittsburgh left 11 people dead in what’s being investigated as a hate crime. “We mourn for the unthinkable loss of life that took place today,†the president told a gathering of young farmers in Indianapolis, pledging the full resources of his administration ...
Read More »Trump plans eight-state rallies in campaign swing
Bloomberg President Donald Trump plans to hold campaign rallies in eight states next week in a final push ahead of November elections that will determine whether Republicans retain control of Congress, a White House official said. Trump will travel to Missouri, West Virginia, Montana, Indiana, Ohio, Georgia, Tennessee and Florida in the final days before the November 6 vote, the ...
Read More »Georgia’s presidential vote too close to call: Exit poll
Bloomberg Georgia’s final election for president was too close to call and a runoff appeared likely, according to an independent exit poll on Rustavi 2 television. The poll by Edison Research showed Grigol Vashadze of the Strength in Unity grouping of opposition parties and Salome Zurabishvili, backed by the ruling Georgian Dream party, each with 40 percent. Davit Bakradze of ...
Read More »Syria summit doubles down on political push for peace
Bloomberg The first summit on Syria to bring together the leaders from Germany, Russia, Turkey and France ended with a new appeal for a political solution to the country’s seven-year war but sidestepped more contentious issues including the future of Bashar al-Assad’s regime. A joint communique after talks in Istanbul called for a committee to be established and convened in ...
Read More »No-deal Brexit may prolong UK austerity
Bloomberg The UK government would need new tax and spending plans and may have to extend austerity policies if it fails to secure a deal with the European Union, Chancellor of the Exchequer Philip Hammond said. With analysis last week showing a no-deal Brexit would drag the economy to a near standstill next year, Hammond said “frankly, we’d need to ...
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