London / AFP European stock markets mostly fell on Monday on poor post-Brexit manufacturing data, with Italy rocked also by stress tests which sparked fresh questions over the health of its troubled banks. London slid 0.4 percent as a survey showed Britain’s manufacturing industry has slumped to its lowest level in more than three years on the back of ...
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Emaar Q2 results support Dubai, Saudi edges higher
DUBAI / Reuters Dubai’s stock market rose in early trade on Monday, supported by positive earnings from its largest listed stock, while Saudi Arabia’s index edged up as investors bought shares on recent price dips. Dubai’s index was up 0.7 percent. Emaar Properties climbed 1.6 percent to 6.93 dirhams after the developer reported an 8 percent rise in second-quarter ...
Read More »EmiratesGBC, Dubai Council sign pact on energy efficiency
Dubai / WAM Emirates Green Building Council (EmiratesGBC), an independent forum aimed at conserving the environment by strengthening and promoting green building practices, has joined hands with the Dubai Supreme Council of Energy for initiatives to double the rate of energy efficiency in buildings by 2030. This follows the new partnership between the World Green Building Council (WorldGBC) and ...
Read More »RTA’s unit executes 3mn taxi booking requests in 6 months
Dubai / WAM The Booking & Dispatch Center of Road and Transport Authority’s Public Transport Agency executed 2.9 million booking requests placed by taxi customers in Dubai during the first half of year 2016. Abdullah Al Mahri, Director of Transport Activities Monitoring, RTA’s Public Transport Agency, revealed that the time of dispatching a cab to a customer has dropped ...
Read More »Novus expands portfolio with 3 Boeing 737-900ER
Dubai / WAM Novus Aviation Capital, a leading global aircraft leasing platform based in Dubai, has announced the acquisition of three Boeing 737-900ER aircraft from PT Lion Mentari Airlines, Lion Air, which have been placed on long operating leases with the airline. The successful conclusion of the sale and leaseback transaction with the Indonesian low-cost carrier further expands Novus’ ...
Read More »Etihad, FCHS partner to sponsor Emirati nurses
ABU DHABI / WAM Etihad Airways Medical Centre (EAMC), the UAE’s first aeromedical facility, and Fatima College of Health Sciences (FCHS) of The Institute of Applied Technology, announced a new partnership to support the training and continued development of Emirati nurses in Abu Dhabi. The partnership, which is the first of its kind in the UAE, forms an important ...
Read More »5 dead as Russian military helicopter downed in Syria
Beirut / AFP Five people on board a Russian military helicopter were killed on Monday when it was shot down over Syria, in the single deadliest incident for Moscow since it intervened in the war. The attack came as Syrian opposition fighters and their extremist allies battled government forces outside Aleppo in a bid to ease the regime’s siege ...
Read More »Maldives rejects Western pressure over defamation bill
Malé / AFP The Maldives brushed off warnings from Western governments on Monday that a new defamation bill risked undermining basic freedoms on the troubled honeymoon islands, accusing its critics of hypocrisy. After a joint statement from Western missions urging President Abdulla Yameen’s administration to “return to the path of democracyâ€, the government countered that the same countries had ...
Read More »Death toll from July Baghdad blast rises to 323
Baghdad / AFP One of the deadliest bombings to ever hit Iraq killed 323 people, two thirds of whom needed DNA testing to identify, the health minister said, raising an earlier toll from last month’s attack. A suicide bomber detonated an explosives-rigged minibus in a crowded shopping area in Baghdad’s Karrada district early on July 3, sparking infernos in ...
Read More »Turkey summons German envoy over Cologne rally
Istanbul / AFP Turkey summoned a senior German diplomat on Monday, a day after a rally in Cologne in support of the Turkish president who was not permitted to address the crowd by video link. The coup aimed to unseat President Recep Tayyip Erdogan who has since launched a sweeping nationwide purge of suspected Gulen supporters, dismissing tens of ...
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