Friday , May 26 2017


UAE, Kazakhstan amend mutual visa exemption

abdullah copy

Astana / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and Kairat Abdrakhmanov, Minister of Foreign Affairs of the Republic of Kazakhstan, signed a protocol on Tuesday amending the agreement of mutual exemption of pre-visa requirement for holders of diplomatic and special ...

Read More »

ADFD finances AED5.6bn projects in 2016

Lead pix copy

Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD) continued to deliver an outstanding performance in 2016. Furthermore, the Fund managed 17 development projects valued at AED5.6 billion across seven beneficiary countries, dispensed AED3.9 billion in concessionary loans to support four projects and AED1.7 billion in government grants ...

Read More »

Adani’s $16.5bn Aussie mine rattled by tax deal delay


Bloomberg India’s Adani Group could walk away from its $16.5 billion Carmichael coal project in Australia unless a royalties deal can be reached with the state government, according to federal Resources Minister Matthew Canavan. The Queensland government’s failure to agree the terms of the royalty regime for the mine may ...

Read More »

Fiat Chrysler in US regulatory crosshairs

Fiat Chrysler stumbles into US regulatory crosshairs again copy

Bloomberg Fiat Chrysler Automobiles NV keeps running into trouble with the same government that arranged its shotgun marriage. With a US Justice Department lawsuit filed alleging violations of clean-air rules, the Italian-American carmaker now will have to defend itself against accusations it’s run afoul of environmental, safety and securities laws ...

Read More »

GOP bill’s fate teeters on new financial analysis

Stethoscope on a printed sheet of paper

Bloomberg House Republicans are waiting anxiously for a new financial estimate on Wednesday on their Obamacare repeal proposal that could force them into an embarrassing do-over on the bill they barely passed early this month. Speaker Paul Ryan says he is uncertain about the nonpartisan Congressional Budget Office analysis of ...

Read More »