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  Abu Dhabi / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region and Chairman of the Emirates Red Crescent (ERC), stressed that the United Arab Emirates, under the leadership of President His Highness Sheikh Khalifa Bin Zayed Al Nahyan, continues to implement its developmental and humanitarian initiatives to alleviate the suffering of people in Yemen. ...

  Sofia / WAM Bolstering economic relations, and trade and investment between the United Arab Emirates (UAE) and Bulgaria are the focus of talks between UAE Minister of Economy Sultan bin Saeed Al Mansouri and Bulgarian Prime Minister Boyko Borisov in the Bulgarian capital. Trade between the UAE and Bulgaria stood at US$500 million in 2015, said Al Mansouri, who is ...

  Bloomberg Samsung Electronics Co. cut its third-quarter operating profit by $2.3 billion after ending production of its fire-prone Galaxy Note 7 smartphones, the first official indication of how much the crisis will cost South Korea’s largest company. Profit is projected to be 5.2 trillion won ($4.63 billion) instead of 7.8 trillion won in the three months ended September, the ...

  SINGAPORE / AP The wealthy city-state of Singapore — with its flourishing trade, orderly life and almost non-existent crime — is hardly a place one would associate with illegal trade. But a new report by a reputed organization reveals that in fact the country has a poor record of preventing just that. The new Economist Intelligence Unit released a ...

  Geneva / AFP The UN’s rights chief warned on Wednesday that Donald Trump’s statements pointed to a “dangerous” figure emerging on the world stage if he won the US presidency. At a press conference in Geneva, UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein said he was “not keen or intent on interfering in any political campaign.” ...

  Bloomberg The red lines Britain has signalled it will adopt in Brexit talks are “fully incompatible” with its aspiration to keep membership in the single market, and there won’t be any negotiations until the U.K. triggers the process, Slovenia’s prime minister said. Miro Cerar, premier of the former Yugoslav Republic of 2.1 million people, echoed other EU leaders, saying ...

  Karlsruhe / AFP Germany’s top court on Wednesday heard complaints from some 200,000 citizens and campaigners who want to stop a planned EU-Canada free trade agreement set to be signed later this month. They are asking the Constitutional Court to prevent the government from endorsing the so-called CETA accord at a gathering of EU ministers next week, arguing that ...

  DUBAI / Emirates Business Consumers in the UAE appear to agree with the current real estate market sentiment that now is good time to buy property, according to statistics from compareit4me.com, the Middle East’s leading finance comparison site. Using data from its mortgage comparison platform, compareit4me can reveal that there was an 119.5% increase in the number of people ...

  Dubai / Emirates Business More than two-thirds of young national Arabs in the Gulf states still hope to land jobs with government, despite initiatives to encourage them to seek out careers in the private sector. This new finding from the eighth annual ASDA’A Burson-Marsteller Arab Youth Survey was unveiled by Sunil John, the CEO of ASDA’A Burson Marsteller, at ...

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai and General Supervisor of Dubai Islamic Economy Development Centre (DIEDC), on Tuesday launched the ‘My Salaam’ portal and mobile app in Dubai on the sidelines of the Global Islamic Economy Summit (GIES) 2016. In a bid to further digitise the dynamic sectors spanning the ...