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Global progress in forecasting future discussed at WGSO

DUBAI / Emirates Business The World Government Summit Organisation (WGSO) held a session titled ‘Future Trends and How to Forecast Them’ to discuss global progress in the field of forecasting the future and developing solutions for the challenges that are expected to face decision makers in the public and private sectors. The session seeks to support governments’ efforts to forecast ...

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Dubai Chamber hosts ‘Give & Gain Day’

DUBAI / Emirates Business The Dubai Chamber of Commerce and Industry’s Centre for Responsible Business organised its annual Give & Gain Day, the largest employee volunteering event in the UAE, as part of the Engage Dubai programme. Participating for the seventh consecutive year, ENGAGE Dubai mobilised employees to volunteer during work hours in schools, universities, local charities and community group, ...

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Neopharma invests AED880mn towards diabetes management

Dubai / Emirates Business Neopharma, one of UAE’s leading pharmaceutical manufacturing company invested a total of AED100 million in a state-of-the-art Japanese factory, AED265 million in the acquisition of patents and licenses and an additional investment in clinical studies amounting to AED515 million. The factory in Japan will manufacture supplements for patients in the pre-diabetic stage and also Type II ...

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DAMAC Properties launches Aknan Villas

Dubai / Emirates Business DAMAC Properties, a leading luxury real estate developer in the region, has launched Aknan, a collection of 3-bedroom luxurious villas that pays homage to the sentiment of home being such a central part of life. Aknan Villas will go on sale in Dubai on May 24 at Roda Al Murooj Hotel, Al Yasat Ballroom, Downtown Dubai ...

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The key to North Korea is Russia’s president

The idea of a grand bargain between the US and Russia is less popular in Washington than ever before. And yet one of the biggest foreign policy problems for the US — that of North Korea — cannot be resolved without Russia’s participation. In recent years, Russian President Vladimir Putin has made sure to rebuild a close relationship with North ...

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The way to power the next billion consumers

More than a billion people worldwide live without reliable access to electricity. Providing them with power will require hundreds of billions of dollars of investment, vast deployment of technology, and adaptable business and financial market strategies. Much of the job can be done with power generation systems that are not connected to a central grid, and with largely fuel-free technology. ...

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Illinois gets smart about rising gun shops

The state of Illinois regulates many common trades that maybe it shouldn’t, such as those specified by the Barber, Cosmetology, Esthetics, Hair Braiding, and Nail Technology Act of 1985. And it doesn’t regulate one industry that needs to be: gun dealerships. Despite a gruesome spike in gun violence in Chicago in recent years, regulation of gun retailers is left to ...

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May and Corbyn get honest, except on Brexit

Say at least this for the manifestoes that the Conservative and Labour parties have presented this month: Some honesty has returned to British politics as far as tax and spending decisions are concerned. This would be a cause for celebration were it not for an additional detail: When it comes to Brexit, the U.K.’s main parties are yet to wake ...

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Oil extends gain towards $51 as Saudi sees output curbs into 2018

Bloomberg Oil extended gains towards $51 a barrel as Saudi Arabia said all producers participating in output cuts agree on prolonging the deal through the first quarter of 2018. Futures climbed as much as 1.1 percent in New York after advancing 5.2 percent last week, the biggest weekly increase since March. An extension into next year will help producers reach ...

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BP starts North Sea project to help double its UK output

Bloomberg BP Plc started a project in the UK North Sea that will restore production halted since 2013 and help double the company’s output in the area by the end of the decade. BP and its partners budgeted 4.4 billion pounds ($5.7 billion) for the Quad 204 project, which involved building a new floating production and supply vessel and redeveloping ...

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