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Uncertainty continues to dictate rental rates in Abu Dhabi

  Abu Dhabi / Emirates Business Landlords in Abu Dhabi are coming under increasing pressure as tenants look for more affordable rental rates against a backdrop of macroeconomic uncertainty, with large units being the most affected tranche, according to the Abu Dhabi Property Review Q3 2016 report from leading real estate consultancy, Asteco. John Stevens, Managing Director, Asteco, said: “The ...

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UAE-Turkey economic relations undergoing new phase of growth

  Abu Dhabi / Emirates Business HE Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, said that economic relations between the UAE and the Republic of Turkey are undergoing a new phase of cooperation and growth. He noted that the past few months have seen the two governments advancing significantly in collaboratively achieving their common interests. The Minister ...

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BMW to use UAE aluminium to make some engines

  Abu Dhabi / WAM Emirates Global Aluminium (EGA) is to supply high quality UAE-made aluminium to BMW for use in the manufacture of some of the German car group’s engines. Although EGA has supplied aluminium to the automotive parts industry for decades, the deal with BMW is the first made directly with a major automotive group. EGA will supply BMW ...

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Emirati companies take home top honours

  Dubai / WAM Emirati companies and business talent took the limelight at the 2016 Middle East HR Excellence Awards, the region’s most prestigious celebration of HR and talent development professionals, at the InterContinental Hotel. Cleveland Clinic Abu Dhabi took home the Nationalisation Initiative of the Year award for their efforts in attracting and retaining Emirati talent. “We consider the recruitment ...

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Abu Dhabi Art to inspire visitors with discussions, live performances

  Abu Dhabi / Emirates Business Abu Dhabi Art 2016 will continue to present a variety of offerings to the public at Manarat Al Saadiyat, inspiring visitors with intellectual discussions and live performances as part of a diverse arts programme taking place from November 16-19. Held under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

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Syria regime bombs rebels as Aleppo food aid runs out

  Aleppo / AFP Syrian government and Russian warplanes pounded rebel-held parts of northern Syria on Wednesday, including battered second city Aleppo, where food aid rations were all-but-exhausted after months of regime siege. The renewed bombardment has killed at least 20 people, including nine children, in Aleppo alone in the last 24 hours, and sparked anger from the United States and ...

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Pakistan to deport teachers ‘linked’ to Turkish coup

  Islamabad / AFP Pakistan has ordered the deportation of 130 teachers affiliated with the alleged mastermind of an attempted coup in Turkey, officials said on Wednesday, as Turkish President Recep Tayyip Erdogan was to arrive for a visit. The teachers from the private PakTurk International Schools and Colleges, backed by US-based Turkish preacher Fethullah Gulen’s Hizmet group, will have ...

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Pakistan’s top diplomat to visit India for conference

  Islamabad / AFP Pakistan’s top foreign affairs official has said he plans to visit India next month for a regional conference, the first high-profile visit since tensions spiralled between the arch-rivals after a deadly attack on an Indian army base. Sartaj Aziz, adviser to Pakistan’s prime minister Nawaz Sharif and de facto foreign minister, said he will attend the Heart ...

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IS tightens grip in Syria’s Raqa as assault nears

  Beirut / AFP Internet cafes closed down, travel bans and new checkpoints: residents say extremists are trying to tighten their grip on power in Raqa as US-backed forces near the IS group’s Syrian bastion. A Kurdish-Arab alliance called the Syrian Democratic Forces (SDF) began an operation to recapture the northern city on November 5. Since then, residents say IS ...

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Suicide bomber kills 6 in Kabul

  Kabul / AFP A suicide bomber on foot struck a government vehicle in Kabul on Wednesday, killing at least six people and wounding 10 others, officials said, in an attack claimed by the IS group. The latest bombing to hit the Afghan capital came during the morning rush hour, as militants intensify nationwide attacks on the Western-backed government. “A suicide ...

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