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  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday inaugurated the Phase 2 of the Mohammed bin Rashid Al Maktoum Solar Part at Seih Al Dahal in Dubai. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive ...

  DUBAI / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager of renowned destinations across the Emirate, announced its continued Strategic Partnership with the International Property Show (IPS) taking place from April, 2-4 at the Dubai World Trade Centre (DWTC), Dubai. This marks the third year that the real estate developer partnered with ...

  BEIRUT / AP Syrian government forces on Monday regained control of parts of Damascus that were attacked and captured by rebels and militants the previous day, with dozens killed on both sides during the fighting, the military and an activist group said. The surprise rebel incursion, in which fighters sneaked into the city through hidden tunnels and set off ...

  BEIJING/ AP China’s trading partners are bringing the top UN food standards official to Beijing in a last-ditch attempt to persuade regulators to scale back plans to require intensive inspections of food imports — including such low-risk items as wine and chocolate — that Washington and Europe say could disrupt billions of dollars in commerce. The rule could inflame ...

  Bloomberg The rupee’s surge and a banking system awash with funds will shift focus to a little-used tool in the Indian central bank’s arsenal before next month’s policy review. The Reserve Bank of India may consider raising the cash reserve ratio for the first time since 2010 if deposits accumulated due to November’s cash ban don’t flee over the ...

  Bloomberg If at first you don’t succeed, try, try, try and try again. Indian policy makers appear to have adopted the mantra as they mull setting up a state-run fund manager to resolve stressed assets in the banking system after numerous efforts to fix the problem failed. A “Public Sector Asset Rehabilitation Agency” will help deal with the soured-debt ...

  Bloomberg Netmarble Games, South Korea’s largest maker of mobile phone games, filed to raise as much as 2.7 trillion won ($2.4 billion) in an initial public offering. The company will sell 17 million shares at 121,000 won to 157,000 won apiece, Seoul-based Netmarble said in a filing on Monday. Final pricing will be announced on April 24. At the ...

  Bloomberg Canada’s Finance Minister is sticking by his pledge to lower the nation’s debt ratio, signaling the government won’t push much deeper into deficit when it delivers its budget this week. Bill Morneau said he remains committed to the notion a falling level of debt relative to the total size of the economy shows fiscal prudence. The country’s low ...

  Bloomberg European Central Bank Governing Council member Ignazio Visco said the central bank could step away from its commitment to keep interest rates low for a long time after quantitative easing stops. While the ECB’s current guidance foresees that borrowing costs will stay at current or lower levels “for an extended period” and won’t rise until “well past” the ...

  Abu Dhabi / Emirates Business Foreign investors continue to pour billions into the Abu Dhabi real estate market, as new international standards and property regulations increase investor confidence in the sector. According to Abu Dhabi Securities Exchange (ADX) investors outside of the UAE pumped $40.3m last month into the UAE capital, with the real estate market taking the lion’s ...