Dubai / WAM The Department of Economic Development (DED) in Dubai, announced its support to the ‘GCC Manufacturing Excellence and Technology Summit’, which will focus on different methods to effectively manage the challenges in achieving operational efficiency and excellence in manufacturing. Saed Al Awadi, CEO of Dubai Exports, the export promotion agency of DED, and Brad Hariharan, Regional Director of ...

  Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) announced the achievements made by the Shams Dubai initiative as of October. DEWA launched the Shams Dubai in adherence with the Smart Dubai initiative, which was launched by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to make ...

  Frankfurt / AFP German prosecutors probing whether Volkswagen executives manipulated the markets in the wake of the “dieselgate” scandal have widened their investigation to include the chairman of the group’s supervisory board, the auto giant said on Sunday. “The proceedings refer to the period during which (chairman) Hans Dieter Poetsch served as the group chief financial officer,” VW said ...

  Bloomberg WeWork Cos. built its brand on the hustling energy of small startups, but the company is finding that boring corporate giants may be finally ready to embrace the idea of renting a desk next to a stranger. In the last year, WeWork has established a new team that caters to the needs of large companies. The New York ...

  Bloomberg Millions of Americans have gone back to work since the last recession. Now they’re finally getting some decent pay raises. Average hourly earnings of workers climbed 2.8 percent in October from a year earlier, the fastest pace in seven years, Labor Department figures showed Friday in Washington. Rising wages are encouraging people to look for greener pastures: Among ...

  Bloomberg Tesco Bank, the lending arm of the UK grocery chain, blocked some of its customers’ cards after receiving complaints of as much as 600 pounds ($750) being taken from accounts fraudulently. Fraud prevention systems identified suspicious activity on Saturday, the bank said. As a precautionary measure it blocked some customer cards and sent text messages to notify those ...

  Tuesday evening, after Election Day’s tranquillity, new clamours will erupt as analysts with agendas tickle portents and lessons from the torrent of election returns. Herewith some developments to watch. In the 17 elections since World War II, the winner has averaged 385.4 electoral votes, the loser 145.1. In six elections (1952, 1956, 1964, 1972, 1980, 1984), a major-party candidate ...

If Hillary Clinton wins the presidential election on Tuesday, she will be under no illusions about what awaits. Even if Donald Trump is defeated, the political party that nurtured his dangerous ambition will not be. (And Trump may never concede defeat in any case.) Barack Obama was elected president in 2008 amid waves of euphoria. By the night of his ...

  In a growing number of states, Medicaid directors have come to believe they could save money by housing the homeless. The federal government is providing money to find out if they’re right. There’s good reason to think this is an experiment worth trying. The idea arose from two developments. First, Obamacare’s drastic expansion of eligibility for Medicaid coverage has ...

  The UAE is stepping up use of innovative technologies to bring about reduction in its carbon footprint. On Saturday, it started a carbon capture, utilization and storage (CCUS) project that will take out 800,000 metric tons of carbon dioxide annually. The technology will not just capture CO2, but also enhance oil recovery and liberate gas. This facility is one ...