(London) – British MPs voted for Labour lawmaker Lindsay Hoyle to be the next speaker of Britain´s parliament, replacing John Bercow, who has played a key and controversial role in the Brexit saga. Hoyle — a Labour MP for 22 years and Bercow´s deputy since 2010 — beat out six other contenders for the role, […]
(Washington) – The United States on Monday formally notified the United Nations that it was withdrawing from the Paris climate accord, making the world´s largest economy the sole outlier from the agreement. Secretary of State Mike Pompeo, announcing the withdrawal that will be effective in one year, reiterated President Donald Trump´s remarks last year that […]
(Riyadh) – Saudi Aramco, the world’s largest integrated oil and gas company, wholly owned by the Government of the Kingdom of Saudi Arabia, announced its intention to proceed with an initial public offering (IPO) on Riyadh’s Tadawul Stock Exchange. The Government intends to sell a portion of its shares in Saudi Aramco, said a press […]
(Dubai) – H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, met with Borge Brende, President of the World Economic Forum. The meeting was attended by Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future and Co-Chairman of the Global Future Councils. During the meeting, both sides discussed […]
(Washington) – US-Italian auto giant Fiat Chrysler and France´s Peugeot are in merger talks that would yield an entity valued at about $50 billion, a person with knowledge of the matter told AFP. Carlos Tavares, the chief executive of Peugeot´s parent, PSA Group, would lead the new company as CEO while John Elkann, chairman of […]
(Riyadh) – A delegation from the Ministry of Economy representing the UAE participated in the 49th GCC Under-Secretaries Committee of Commerce and Industry, which took place at the headquarters of the council’s General Secretariat in the Saudi capital, Riyadh. The meeting was held to prepare for the 58th GCC Ministerial Committee for Commerce meeting, which […]
(Cairo) – A UAE delegation attended a ceremony in Cairo marking the announcement of Egypt Government Excellence Award under the auspices of the Egyptian President Abdel Fattah El-Sisi. Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, who led the UAE delegation to the event, said that the announcement of Egypt Government […]
(Dubai) – H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, attended the opening session of the Fourth Meeting of the Global Future Councils hosted by the UAE government in collaboration with the World Economic Forum. More than 700 world-leading officials, futurists and experts convene in 41 future councils to design […]
(San Francisco) – Hyundai announced that it will begin testing a self-driving ride service in Southern California next month. The South Korean automaker said that it collaborated with technology group Pony.ai and rideshare firm Via for an on-demand service called BotRide that will offer free rides in autonomous vehicles in the city of Irvine starting […]
(BrusselsBelgian Budget Minister Sophie Wilmes has been chosen as the country´s new caretaker prime minister, a first for a woman, the current premier Charles Michel said. The 44-year-old still has to be sworn in by King Philippe, who is expected to announce the nomination formally on Sunday at the earliest. Michel, who is set to […]
(Los Angeles) – More than 1,000 firefighters battled a wind-driven blaze that broke near the renowned Getty Center in Los Angeles, prompting widespread evacuations as the flames destroyed several homes and forced the shutdown of schools and road closures. The so-called Getty Fire ignited overnight near a major freeway and quickly spread south and west […]
The pound firmed versus the dollar after the European Union granted an extension to Brexit until the end of January while but London stocks were broadly flat. Around 1330 GMT, sterling had edged higher at $1.2844 compared with late deals in New York on Friday. London’s benchmark FTSE 100 stocks index was up less than […]
(Buenos Aires) – Peronist candidate Alberto Fernandez won Argentina´s presidential election in the first round, official results showed, with 75 percent of the votes counted. Fernandez, 60, had 47.36 percent of the votes — crossing the threshold for outright victory — with center-right incumbent Mauricio Macri trailing at 41.22 percent. To win outright, Fernandez required […]
(Sharjah) – Dr. Eng. Rashid Al Leem, Chairman of the Sharjah Electricity and Water Authority, SEWA, affirmed that SEWA is implementing a comprehensive plan to reduce carbon emissions in electricity production and water desalination, as part of its environmental strategy and vital role in providing a clean environment where environmental pollution and carbon emissions are […]