Anwar paves way to Malaysia leadership with parliament seat

Bloomberg Anwar Ibrahim has emerged as the winner in a district by-election, clearing the way for the formerly jailed leader to become the nation’s eighth prime minister. Anwar, 71, leader of the largest party in the ruling coalition, is set to be inaugurated on Monday after winning 71 percent of votes against six other candidates for a parliament seat, the ...

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Sweden’s opposition leader urges allies to help end stalemate

Bloomberg Moderate Party Leader Ulf Kristersson has urged his center-right coalition allies to help end Sweden’s political gridlock by joining him in a minority government ahead of a Tuesday deadline. Writing in a Facebook post, Kristersson said he had given the other three members of the Alliance a few days to consider whether they “can and want to” join the ...

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UK, EU mull longer transition to ‘Brexit’

Bloomberg UK and European Union officials are discussing a new proposal to solve the last major hurdle in Brexit talks and soothe the concerns of Prime Minister Theresa May’s Northern Irish allies, according to diplomats familiar with the situation. Talks are stuck on the issue of the Irish border and a guarantee, or so-called backstop clause in the divorce treaty, ...

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Workers’ Party in Brazil left needing a miracle to win

Bloomberg Way behind in the opinion polls and struggling to shore up second-round support from other political parties, Fernando Haddad’s presidential campaign has reached crunch point. His Workers’ Party, or PT, had hoped that support for the candidate would start flooding in shortly after the results came out on Sunday night. But their expectation of a broad “democratic front” has ...

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Putin ally leads counter-charge to Armenia’s velvet revolution

Bloomberg Five months after a democratic “velvet revolution” that ousted Armenia’s former rulers, an ex-president with close ties to the Kremlin says he’s returning to politics to challenge the new government. Robert Kocharyan, who’s facing possible imprisonment over the deaths of protesters at the end of his presidency a decade ago, criticized the “revolutionary romanticism” of the authorities under Prime ...

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Public debt law to help boost state’s competitive ranking

Dubai / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan issued Federal Decretal Law No. (9) of 2018 on public debt, to enable the federal government to issue sovereign bonds, and help the banking sector meet international liquidity rules as soon as they are issued. In addition, the law will enable banks operating in the state to purchase ...

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Sharjah Chamber explores avenue of cooperation with Portuguese enterprises

Lisbon / WAM The Sharjah Chamber of Commerce and Industry (SCCI), continued the activities of its official trade mission to Portugal by organising field visits to some of the leading commercial and industrial enterprises in Lisbon, in order to review opportunities of joint cooperation, industrial integration and review best practices. The trade mission also concluded its visit to Portugal with ...

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RTA to roll out trial of first ‘autonomous taxi’ in Gitex

Dubai / WAM Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), has announced the launch of a host of smart initiatives and services as part of RTA’s participation at Gitex 2018. The event will witness the test run of the first ‘Autonomous taxi’ in the region, and the Customers ...

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DBWC membership up 36.5%

Dubai / WAM The Dubai Business Women Council (DBWC), announced that its total membership had increased by 36.5 percent during the first three quarters of the year. The council added 216 new members during this period, 50 of whom joined during the third quarter of 2018. The new members bring the total number to 807, from 591 at the start of ...

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Nedaa gears up for Gitex

Abu Dhabi / WAM Professional Communication Corporation (Nedaa), the Dubai Government security networks provider, is all set for this year’s edition of GITEX Technology Week, the much-anticipated annual event in Dubai that will kick-off on October 14 and conclude on October 18, at the Dubai World Trade Centre. Nedaa will be hosting its major partners, Airbus, Nokia and Esharah Etisalat ...

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