Dubai / Emirates Business A bespoke interior finishing company, Covering Concepts on Sunday announced the launch of their design studio at Dubai Design District with an aim to capture the growing GCC interior fit-out market, valued at approximately $18 billion. Covering Concepts will offer a wide range of premium flooring and wall design solution for both residential and commercial projects. ...

Dubai / Emirates Business International heavyweights in construction machinery will be in Dubai for one week only at The Big 5 Heavy next week, which will run from March 26 – 28 at the Dubai World Trade Centre (DWTC). With over 300 exhibitors from 30 countries including the biggest brands in the world in its launch edition, The Big 5 ...

Bloomberg Officials reported a high turnout among voters in Russian presidential elections that are expected to hand Vladimir Putin a mandate to rule until 2024 amid an escalating standoff with the West. Opposition activists complained of ballot fraud. The Central Election Commission said turnout across Russia was 59.6 percent at 7 pm in Moscow. The Tass news service reported that ...

Bloomberg Russia’s ambassador to the European Union suggested the nerve agent used to poison a former spy and his daughter may have come from a research lab in the UK and rejected accusations it was made in Russia, according to an interview to be broadcast by the BBC. Ambassador Vladimir Chizhov said in searching for the poison’s source, investigators need ...

Bloomberg Southeast Asian nations and Australia vowed to unite against protectionism, while also using a summit in Sydney to urge North Korea to denuclearise immediately. “We are committed to free and open markets,” the final communique from the first Australia-Asean Special Summit, held in Sydney, said on Sunday. They pledged to resist “all forms of protectionism.” Global markets were rattled ...

Bloomberg President Donald Trump and his lawyer fired what may be the first shots in a showdown with Special Counsel Robert Mueller over the future of his investigation into Russian election meddling and Trump’s campaign. The president kept the pressure on early Sunday with a series of Twitter messages assailing Mueller’s investigation, former FBI Director James Comey, and Andrew McCabe, ...

BEIRUT / Reuters Any new European sanctions against Iran will have a direct effect on the nuclear deal struck between world powers and Tehran, Iran’s deputy foreign minister said, according to state media. “In case some European countries are following steps to put non-nuclear sanctions against Iran in order to please the American president, they will be making a big ...

Bloomberg This is no longer a market that mixes relentless gains with the occasional sharp downdraft. For the third week in a row, the S&P 500 Index reversed some or all of the prior week’s performance. This time it fell, albeit with 2018’s smallest decline, after climbing 3.5 percent in the previous five days. It was a pattern of alternating ...

Reuters Gulf stock markets eased on Sunday as gains in oil prices at the end of last week failed to spur activity, though Ezz Steel helped to lift Egypt’s index. There was very little action in the United Arab Emirates, with both Dubai and Abu Dhabi registering among their lowest trading volumes this year as the indexes fell marginally. Emaar ...

Bloomberg Saudi Arabia’s Crown Prince Mohammed bin Salman plans to meet top global executives, including the heads of Apple Inc and Google, during his first trip to the US since becoming heir to the throne of the world’s largest oil exporter, according to a person briefed on the trip’s details. Crown Prince Mohammed, known among journalists and diplomats as MBS, ...