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Emirates Islamic staff tours Dubai Autism Center

  Dubai / Emirates Business Emirates Islamic, one of the leading Islamic financial institutions in the UAE, recently organised a visit for its employees to the Dubai Autism Center (DAC). The bank also announced an AED 200,000 contribution to DAC, as part of its commitment to support the Center’s specialist services for people with autism and those who care for ...

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UAQ to host 3rd UAE Economic Planning Forum

  Dubai / Emirates Business Sponsored by HH Sheikh Saud bin Rashid Al Mualla, Member of the UAE Supreme Council, Ruler of Umm Al Quwain (UAQ), the 3rd UAE Economic Planning Forum 2016 will be held on November 1-2, at Sheikh Khalifa Wedding Hall in Umm Al Quwain. This year, the Forum looks at the concept of industrial sustainability and ...

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German push grows for Chinese investment curbs

  Bloomberg Germany is seeking tighter control over foreign investment in European companies, in a sign of a growing protectionist reaction to China’s appetite for overseas acquisitions. Economy Minister Sigmar Gabriel on Monday reopened a review of the takeover of Aixtron SE, which supplies equipment to the semiconductor industry, by China’s Grand Chip Investment GmbH. That follows calls by Gabriel, ...

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Volkswagen under pressure over diesel emission row

  Bloomberg Volkswagen AG is facing renewed pressure to repair the damage caused by its diesel emissions scandal, with the European Union calling on the carmaker to start compensating affected consumers and show clear proof that vehicles will be fixed within the coming year. VW “should clearly identify what will be offered to consumers and this in a similar manner” ...

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Belgium ‘cannot’ sign off on EU-Canada deal

  Brussels / AFP Belgium is unable to sign off on a landmark EU-Canada free trade deal after Wallonia and other regional administrations refused to give the federal government the go-ahead, Prime Minister Charles Michel said on Monday. “We are not in a position to sign CETA,” Michel said after brief talks with Belgium’s regional leaders in Brussels broke up ...

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Real estate investors seek shelter for Brexit’s finance refugees

  Bloomberg A property company managed by Schroders Plc is bidding for an office building in Frankfurt, anticipating the banking fallout from Brexit will boost values in the German financial center. The London-based property investor isn’t alone preparing for an exodus from the British capital, with both CBRE Global Investors LLC and Standard Life Plc seeking to purchase office space ...

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Civilians pay price of IS ‘smoke war’ around Mosul

  Qayyarah / AFP The smoke from fires lit by IS extremists to provide cover from air strikes has painted the northern Iraqi sky black, providing a dramatic backdrop for the Mosul offensive. The use of smoke in warfare is likely as old as war itself but the masks and technology available to Iraqi forces in this conflict leave civilians, ...

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IS ‘executes’ 5 Iraqis in western town

  Baghdad / AFP The IS group “executed” five Iraqis, including members of the security forces, during ongoing fighting in the western town of Rutba, army officers said on Monday. Extremist fighters launched an attack on Rutba, a remote but strategic town near the Jordanian border in Anbar province, early on Sunday. They briefly seized the mayor’s office before being ...

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Iraq denies Turkey taking part in Mosul operation

  Baghdad / AFP Iraq’s joint operations command on Monday denied Turkey was participating in military operations to retake the northern city of Mosul from the IS group. “The spokesman of the Joint Operations Command denies Turkish participation of any kind in operations for the liberation of Nineveh,” a statement said, referring to the Iraqi province of which Mosul is ...

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In makeshift camps, Haiti storm victims bemoan aid chaos

  Jérémie / AFP Rickety structures made of sheet metal and scrap wood are clustered along the road to the Haitian city of Jeremie, which still hasn’t seen any aid nearly three weeks after Hurricane Matthew. In a scene that is eerily similar to the devastation in Port-au-Prince after the 2010 earthquake, when hundreds of thousands of survivors had to ...

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