Dubai / WAM Passenger traffic at Dubai World Central (DWC) increased by more than 95 per cent in the first half of 2016, according to a report issued by Dubai Airports. The first six months of the year saw passenger traffic reach 410,278, up 95.4 per cent compared to 209,989 passengers recorded during the corresponding period in 2015. Passenger traffic ...

  Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), has announced that September 29 would be the deadline to receive entries for the Sharjah Economic Excellence Network (ShjSEEN) Award, which is aimed at spreading the culture of quality and excellence among the private sector various bodies and implementing the practices which contribute in setting comprehensive quality standards and ...

  Bloomberg China National Chemical Corp. received approval from U.S. national security officials for its takeover of Swiss agrochemical and seeds company Syngenta AG, seen as the biggest regulatory hurdle that the $43 billion acquisition faces. The Committee on Foreign Investment in the U.S. has cleared the transaction, the companies said in a statement on Monday. The deal, expected to ...

  Bloomberg NTPC Ltd., India’s biggest power producer, reported a 4 percent increase in its first-quarter profit on the back of higher energy sales. Profit for the three months ended June 30 rose to 23.7 billion rupees ($353 million) from 22.76 billion rupees a year ago, according to a stock exchange filing. Revenue climbed 11 percent to 189.4 billion rupees ...

  Bloomberg Shanghai Electric Power Co. said it’s seeking a stake in K-Electric Ltd., the $2.3 billion Pakistani utility, in what could become its largest overseas deal. The Chinese company is doing preliminary preparation work on acquiring a stake in K-Electric and hasn’t decided how much it will buy, it said in a Shanghai exchange filing Monday. Shanghai Electric Power ...

  Bloomberg Developer Bo San had already sold all the units in his 12-story high-rise in Yangon in Myanmar when he was forced to halt construction. Three months later he faces the task of having to remove two floors to comply with new height regulations, at a cost of $8 million. Since May, the regional government of Aung San Suu ...

  Bloomberg Japan’s Renesas Electronics Corp. is in talks to acquire U.S. chipmaker Intersil Corp. for about 300 billion yen ($3 billion), a person with knowledge of the matter said. No agreement has been reached, and the discussions may not result in a deal, the person said, asking not to be identified as the information is private. Renesas shares erased ...

  Seoul / AFP South Korea and the United States kicked off large-scale military exercises on Monday, triggering condemnation and threats of a pre-emptive nuclear strike from North Korea. The two-week annual Ulchi Freedom drill, which plays out a scenario of full-scale invasion by the nuclear-armed North, is largely computer-simulated but still involves around 50,000 Korean and 25,000 US soldiers. ...

  Tokyo / AFP The wife of Prime Minister Shinzo Abe has visited Pearl Harbor, bombed by Japanese planes nearly 75 years ago in an attack that brought the United States into World War II. It was not clear exactly when Akie Abe made the visit. But she posted 11 pictures on her official Facebook page, apparently early Monday. “I offered ...

  Tokyo / AFP A mother in Japan is under investigation for murder after her four children, including a girl as young as three, were found dead at home, Japanese media reports and police said on Monday. Local media reported the victims were killed by their mother before she tried to take her own life. A 10-year-old boy, two six-year-old girls, ...