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ABU DHABI / WAM The Urban Planning and Municipalities Department (ADM) launched 13 new digital services as part of its efforts to participate in the digitalisation drive and the modern vision of our leaders, who are keen to improve the quality of services and bringing happiness to community members. The move also responds to the needs of sustainable development and ...

RAS AL KHAIMAH / WAM The Ras Al Khaimah Tourism Development Authority (RAKTDA), on Sunday announced a 14 percent increase in international visitors during the first six months of the year. These figures are larger than the United Nations World Tourism Organisation (UNWTO), forecast of 4 percent tourism growth in the Middle East in H1 and demonstrates the ongoing strength ...

Bloomberg US Secretary of State Michael Pompeo sought to shore up support among UN Security Council members for a North Korean sanctions regime that’s showing signs of weakening, as hopes for a quick denuclearisation agreement with Pyongyang fade. Standing alongside US Ambassador Nikki Haley in New York, Pompeo said the US expects countries to honour their commitments to cut off ...

Bloomberg Global economic growth is less synchronized and faces increasing threats, including from trade tensions, according to a draft statement from the Group of 20 leading economies obtained by Bloomberg News. “Downside risks over the short and medium term have increased,” said the document. A final version of the statement will be published on Sunday. Among the other risks to ...

Bloomberg One of the biggest trade secrets cases in US history took a bizarre turn, with the company that lost a $706 million jury verdict saying it uncovered ‘bombshell’ evidence of fraud thanks to whistle blowers who used to work for the winning side. Amrock Inc., an affiliate of mortgage-lending firm Quicken Loans Inc., in March lost a trial in ...

Bloomberg Several major pharmaceutical companies lowered their spending on lobbyists in the second quarter of 2018, a time of uncertainty as President Donald Trump’s administration continued its campaign to lower drug costs for consumers. Pharmaceutical Research and Manufacturers of America spent $5.54 million between April and June, down 7.7 percent from the same period last year, according to disclosures released ...

Bloomberg Facebook Inc. has suspended apps by Crimson Hexagon, a company founded by a Harvard University researcher who has a close relationship with the social network, after the Wall Street Journal inquired about the firm’s contracts with governments. US government agencies and a Russian nonprofit with ties to the Kremlin are among clients of Crimson Hexagon, a data analysis firm, ...

Bloomberg It’s so hot in Texas that the power grid keeps breaking demand records, and it’s forecast to get so warm in California next week that natural gas prices have risen to a nine-year seasonal high. The Dallas-Fort Worth area shattered a 93-year-old daily heat record, reaching 108 degrees Fahrenheit (42 Celsius), the sixth straight day of triple-digit temperatures. It ...

Bloomberg It may not be obvious amid the screaming headlines — about currency manipulation, Fed jawboning, Russia summit, yuan weakening, etc. — but US stocks continue their low-volatility, bull-market grind higher. The 2,800 level on the S&P 500 has been bested three sessions in a row on a closing basis — and is on pace for a fourth. That level ...

Bloomberg Egypt is considering adding companies to the list of state-run firms in which investors can secure majority stakes as it readies to launch a programme aimed at reviving the battered public sector. The government is planning to start with the sale of Heliopolis Housing and Eastern Tobacco in October, Public Enterprise Minister Hisham Tawfik said. So far, however, a ...