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Next-gen cloud services to fortify ME business

RITIKA SHARMA / Emirates Business As governments across the GCC embark on more and more ambitious e- and m-government programmes, it will fall upon businesses to keep up with citizens’ expectations, experts opined during Dynamics Summit 2016 held in Dubai. Keeping the same in mind, Microsoft has taken another step forward in helping Middle East businesses achieve more, as the ...

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EMGAS unveils new CNG station

Sunaina Rana Emirates Business Contributing its bit in the overall cycle of sustainable development, Emirates Gas (EMGAS), a subsidiary of Emirates National Oil Company (ENOC) has inaugurated its one-of-its-kind mini Compressed Natural Gas (CNG) daughter station at Emirates Driving Institute (EDI) in Al Qusais area of Dubai on Tuesday. This new state-of-the-art CNG station has the storage capacity of 1,500 ...

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Gustav Mahler Orchestra to join Abu Dhabi Classics

Emirates Business The Gustav Mahler Youth Orchestra, one of the leading young musical ensembles in the world, will perform two concerts this week at two stunning locations in Abu Dhabi as part of the emirate’s Abu Dhabi Classics international concert season. The orchestra, based in Vienna, Austria and founded in 1986, comprises 120 musicians, last week made its debut appearance ...

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Osborne budget forecast in peril after disappointing Feb

Bloomberg Britain posted a larger-than-predicted budget deficit in February, leaving Chancellor of the Exchequer George Osborne little room to meet his full-year fiscal forecast. Government spending exceeded revenue by £7.1 billion ($10.1 billion) compared with 7.5 billion pounds a year earlier, figures from the Office for National Statistics show. Economists in a Bloomberg survey had predicted a £5.9 billion-shortfall. In ...

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£ plunges amid Brussels tragedy, Brexit fears

Bloomberg The pound posted the biggest decline among major currencies amid speculation the Brussels explosions will boost the case of campaigners who want Britain to quit the European Union. The tragedy risks making sterling into even more of a political football as the debate over a potential “Brexit” rages. Anti-EU politicians have argued that migration leaves the U.K. vulnerable to ...

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German manufacturing grows at slowest pace in 16 months in March

Bloomberg German manufacturing grew at the slowest pace in 16 months in March, evidence that the economy is feeling the pressure of cooling global demand. Markit Economics said its Purchasing Managers Index slipped to 50.4 from 50.5 in February, just above the 50 level that separates expansion from contraction. While a separate report showed services improved this month, a gauge ...

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Euro-area deflation persists even as Markit sees growth

Bloomberg Economic growth in the euro area probably picked up at the end of the first quarter, according to Markit Economics, which also said that concerns remain about the health of the region. Markit’s composite Purchasing Managers Index of manufacturing and services rose to a three-month high of 53.7 in March from 53 in February. That keeps the measure well ...

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Crumbling German Autobahn leaves drivers stuck in jams

Bloomberg On a typical weekday, hundreds of heavy trucks arrive at the Chempark Leverkusen, a sprawling complex of refineries flanking the Rhine River in western Germany. For the past two years, the trucks have been forced to make long detours to avoid a crumbling Autobahn bridge that dates to when the Beatles were singing Twist and Shout in Hamburg. Designed ...

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Obama, Castro split on human rights in historic remarks

Brussels / AFP The US and Cuban presidents expressed hope for the improving relationship between their nations even as they underscored deep differences over human rights and governance, in an extraordinary news conference punctuated by Raul Castro’s critique of the American social safety net and an awkward miscue on a closing handshake. “After more than five very difficult decades, the ...

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US Commander in Afghanistan apologizes for hospital attack

Kunduz / AP The new commander of US and NATO forces in Afghanistan apologized on Tuesday to the people of Kunduz for the deadly attack on a hospital in the city last year that killed 42 people. US Army Gen. John Nicholson traveled to the northern city to meet local leaders and relatives of those who died in the Oct. ...

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