Admin

Global survey votes UAE bank ‘best’ for super-affluent

Ritika Sharma / Emirates Business A land of opportunities and wealth, the UAE has capable financial institutions too, which can manage its fortune. Mashreq, one of UAE’s leading financial institutions, was selected ‘Best Private Bank for Super Affluent Clients in the UAE’ in the prestigious Euromoney’s 13th annual private banking survey for 2016. Euromoney’s Private Banking Survey provides an annual ...

Read More »

Young entrepreneurs to pitch start-up concepts at tech week

Ritika Sharma / Emirates Business Dubai is all set to host a one-of-its-kind start-up showdown, as region’s young entrepreneurs will pitch unique start-up concepts conceived to solve the greatest technology challenges of today’s world. Handpicked by an esteemed panel of distinguished technology industry experts, business gurus and SME accelerators, the contestants will compete for cash prize of AED50,000 during the ...

Read More »

Chocolate tourism: Belgians fear attacks will hurt industry

Brussels / AP At the aptly named Planete Chocolat, the shelves are laden with enticing Easter treasures for shoppers: bunnies with bows, pastel-wrapped eggs and elegant boxes of pralines. Swannee Vranckx, a clerk at the shop near Brussels’ main square, said she would normally have seen 50 to 100 customers by midafternoon in the days before one of the biggest ...

Read More »

Britain plans cuts to border force budget, labour opposition says

Bloomberg Britain’s opposition Labour party said the government is planning to cut its border force budget by 6 percent in each of the next two years, citing “whistleblowers” within the agency that it didn’t identify. The reduction would result in 88 million pounds ($124 million) of cuts during that span, Labour said on its website on Saturday. Border Force staff ...

Read More »

Terror wave adds to fears for fragile Turkish tourist-dependent economy

Istanbul / AFP Six suicide attacks in eight months and a spat with Russia have added to concerns for the Turkish economy as tourists flee, taking billions of dollars in spending elsewhere, and foreign investors skirt the troubled country. Days after a suspected IS extremist blew himself up on a top shopping street in Istanbul, hotels, restaurants and retailers in ...

Read More »

Syrian troops drive IS militants out of historic city of Palmyra

Damascus / AP Syrian government forces backed by Russian airstrikes drove IS fighters from Palmyra on Sunday, ending the group’s reign of terror over a town whose famed 2,000-year-old ruins once drew tens of thousands of visitors each year. Government forces had been on the offensive for nearly three weeks to try to retake the central town, known among Syrians ...

Read More »

Israeli leader slams criticism of military after shooting

Jerusalem / AP Israeli Prime Minister Benjamin Netanyahu defended the military on Sunday following uproar over footage of a soldier lethally shooting a Palestinian attacker who had already been shot and subdued. Netanyahu said the incident in question does not reflect the military’s conduct, and that criticism of the armed forces as a whole over the incident is “outrageous and ...

Read More »

4 Bangladeshis killed in Libya

Dhaka / AFP Four Bangladeshis have been killed in gunfights between rival groups in the war-torn Libyan city of Benghazi, a minister said on Sunday. State minister for foreign affairs Shahriar Alam said he did not yet have full details on the dead. Alam said embassy officials had received three bodies and they were being stored in a hospital in ...

Read More »

Thousands of Iraqis flee Mosul fighting

Makhmur / AFP Thousands of desperate civilians were fleeing fighting on Sunday on the new front opened by Iraqi forces against the IS group south of the city of Mosul. Families crammed in the back of pickup trucks, sometimes bringing dead and wounded with them, emerged from the dust after crossing the front line and were met by Kurdish forces. ...

Read More »

Myanmar army chief vows to uphold democratic transition

Naypyidaw / AFP Myanmar’s powerful army chief vowed on Sunday to keep the nation “on the path to democracy”, days before Aung San Suu Kyi’s civilian government takes office after decades of army rule. Senior General Min Aung Hlaing made the remarks at an annual display of military might by Myanmar’s armed forces, a body that long crushed democratic aspirations ...

Read More »
Send this to a friend