Wednesday , January 24 2018


ENEC promotes eco-sustainability at Al Dhafra Festival

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Abu Dhabi / Emirates Business The Emirates Nuclear Energy Corporation (ENEC), sponsored and partnered with the Al Dhafra Festival, taking place in Madinat Zayed, in the Al Dhafra Region of Abu Dhabi, until December 28. The initiative is part of ENEC’s continued efforts to support the economic and social development ...

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Daman to replace cash payments with e-Dirham across its branches

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ABU DHABI / Emirates Business The National Health Insurance Company – Daman will begin replacing cash payments with the e-Dirham service across all its branches and service points from January 2018. The move comes after six months of thorough testing and is part of Daman’s efforts to digitalise services and ...

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December’s $361 billion deal haul is busiest in a decade

epa06365618 (FILE) - A CVS/pharmacy store is seen in Decatur, Georgia, USA, 05 February 2014 (issued 03 December 2017). US pharmacy chain, CVS, has agreed to buy health insurance company, Aetna,  in a 69 billion US dollar deal according to media reports on 03 December 2017.  EPA-EFE/ERIK S. LESSER

Bloomberg Just as most people are packing up for the holidays, dealmakers across the world are rushing to finish up a slew of transactions in industries ranging from consumer to telecom to health care. Companies have announced about $361 billion of mergers and acquisitions this month, making it the busiest ...

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Facebook steps onto YouTube turf with Universal Music deal

epa06316604 A close-up image showing the Facebook app on an iPhone in Kaarst, Germany, 08 November 2017.  EPA-EFE/SASCHA STEINBACH ILLUSTRATION

Bloomberg Facebook Inc. signed a multiyear licensing deal that lets the social network carry songs and artists from the world’s biggest record label, Universal Music Group, across its platforms. The deal solves a long-running dispute, with Facebook agreeing to compensate the company and artists including Taylor Swift when users post ...

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Kremlin sees ‘unbearable’ risk to US relations in new sanctions

epa06118180 (FILE) - Russian President Vladimir Putin (L) and US President Donald J. Trump (R) shake hands during their meeting on the sidelines of the G20 summit in Hamburg, Germany, 07 July 2017 (reissued 30 July 2017). President Putin announced, 30 July 2017, that he will expell 755 US diplomats from Russia in response to the US Senate having approved new sanctions on Russia.  EPA/MICHAEL KLIMENTYEV / SPUTNIK / KREMLIN POOL / POOL MANDATORY CREDIT

Bloomberg The Kremlin is “concerned” about the possibility the US might further expand sanctions on Russia, presidential spokesman Dmitry Peskov said. “We don’t want to be in a situation where our bilateral relations, which are already in a rather pitiful state, could face even bigger and possibly unbearable risks and ...

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