Abu Dhabi / WAM The annual meetings for the UAE government were held in Abu Dhabi on Tuesday, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. The ...
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Dubai fourth most popular city globally
Dubai / WAM Dubai retained its ranking as the fourth most popular travel destination in the world, according to the ninth annual Mastercard Global Destinations Cities Index. The emirate welcomed 14.87 million international overnight visitors in 2016, with an expected continued growth of 7.7 percent for 2017. Dubai continues to be the city with the highest international overnight visitor spend, ...
Read More »UAE recognised as a booming market for global glass industry
Dubai / Emirates Business Over 140 exhibiting brands from 27 countries arrived in Dubai to participate at Gulf Glass, the largest flat & container glass event in the region, which will run until September 27 at the Dubai World Trade Centre. With more than 10,000 construction projects currently active in the GCC, the demand for glass and glass related products ...
Read More »US sees ‘four or five’ ways to resolve North Korean crisis
Bloomberg The US has gamed out four or five different scenarios for how the crisis with North Korea will be resolved, and “some are uglier than others,†National Security Adviser H.R. McMaster said as tensions remain high between the two countries. While McMaster said the threat from Pyongyang is “much further advanced†than anticipated and the Pentagon said the president ...
Read More »Corbyn says it’s right to plan for run on pound if Labour wins
Bloomberg UK Labour leader Jeremy Corbyn agrees with finance spokesman, John McDonnell: The main opposition party should prepare for a run on the pound and capital flight from Britain should it take power. “John is right to look at all these scenarios because if we’re going to move into government we need to know what we’re going to do,†Corbyn ...
Read More »Iraq Kurds await backlash after ‘vote’
Bloomberg Millions of Iraq’s Kurds voted in an historic referendum on independence on Monday, defying the dire warnings from neighbors as well as the government in Baghdad—who must now decide how far to retaliate to an expected landslide in favour of secession. Though the ballot was limited to areas under the control of the semi-autonomous Kurdistan Regional Government in northern ...
Read More »Brexit no deterrent as Italians, Greeks still seek jobs in UK
Bloomberg No matter what Brexit might have in store for foreigners, the UK remains a powerful magnet for youth from Italy and Greece looking for a job and a better future. It’s less so for their peers in Spain and Portugal. That’s according to the latest data on the UK national insurance number from the London-based Office for National Statistics ...
Read More »Merkel’s tainted victory betrays a ‘dark past’ stalking Europe
Bloomberg The surge in support for Germany’s anti-immigrant party in weekend elections is a stark reminder of the fault line that cuts through the European Union. Chancellor Angela Merkel starts a fourth term with her victory tainted by the far-right AfD entering parliament for the first time after a particularly strong showing in former East Germany. Next door, the Czechs ...
Read More »JetBlue to US: Reject Boeing in Bombardier trade dispute
Bloomberg JetBlue Airways Corp. is urging US regulators to reject Boeing Co.’s fair-trade complaints against Bombardier Inc. as the New York-based airline considers adding new planes to its fleet. Boeing’s claim that Bombardier sold its C Series jets in the US at less than fair value thanks to Canadian government subsidies presents “a threat to JetBlue’s ability to continue to ...
Read More »In-flight Wi-Fi to make airlines earn ‘$4 more’
Bloomberg Each airline passenger will be worth $4 more per flight to carriers once they’re able to offer uninterrupted broadband services, according to a study commissioned by satellite-communications provider Inmarsat Plc. In-flight connectivity should generate $30 billion for airlines by 2035 out of an overall market of $130 billion including technology providers and related companies, the report compiled by the ...
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