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  Bloomberg Ericsson AB plans to cut 3,000 jobs in Sweden, a fifth of the workforce in its home country, as it curbs production to cope with shifting technology and stagnant demand for wireless-network equipment. The company will reduce manufacturing in the towns of Boraas and Kumla — a move it signaled last month— as it turns its focus to ...

  Dubai / Emirates Business NATRANS Expo will raise the curtain on its 2nd edition at the Abu Dhabi National Exhibition Centre on October 25 and 26. The event is held under the patronage of His Excellency Dr. Abdullah Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of the Federal Transport Authority – Land and Maritime. The two-day event ...

    Sharjah / Emirates Business Sharjah Book Authority (SBA) has concluded its participation at the 29th edition of the Moscow International Book Fair (MIBF), held recently in the Russian capital of Moscow – an event that garnered the participation of nearly 500 publishing houses from 40 countries from all around the world. SBA utilised their presence at the book ...

  ABU DHABI / WAM Under the leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE will spare no efforts to invest in human resources as we aim to develop leading educational models on which we rely to make a difference, and which feature the 21st century skills to address issues in a fast-changing world, His ...

  Dubai / Emirates Business For the fourth consecutive year, Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, in partnership with the Dubai Islamic Economy Development Centre (DIEDC), and in collaboration with DinarStandard presented the key findings from the State of the Global Islamic Economy Report (SGIE) and introduce the Global Islamic Economy Indicator (GIEI) ...

  Abu Dhabi / Emirates Business As part of its comprehensive programme of visits to its investors, a delegation representing the different departments from the Higher Corporation for Specialized Economic Zones (ZonesCorp), headed by HE Saeed Eisa Mohammed Al Khyeli, Director General of ZonesCorp visited the headquarters of the Al Masaood Group. The delegation was received by HE Abdulla Al ...

  Dubai / Emirates Business In its quest to raise the bar and build a world-class roadmap for smart cities globally, Dubai South on Monday inked a strategic Statement of Intent (SOI) with the Trade and Investment Queensland (TIQ). Signed by His Excellency Khalifa Al Zaffin, Executive Chairman, Dubai Aviation City Corporation and Dubai South and Jackie Trad, Deputy Premier ...

  Birmingham / AFP The pound hit a three-year low against the euro on Monday after Prime Minister Theresa May said Britain will trigger Brexit negotiations by the end of March and her finance minister warned of “turbulence”. Sterling weakened to 87.46 pence against the euro, the lowest level since August 2013, after May’s government gave more details about how ...

  Beirut / AFP At least 21 Syrian rebels fighting alongside Turkish troops in northern Syria against the IS group were killed by landmines laid by the extremist group, a monitor said on Monday. The Syrian Observatory for Human Rights said the toll was the highest loss of life for forces involved in the Turkish-led operation in northern Syria since ...

  Kunduz / AFP Explosions echoed across Kunduz as Afghan commandos began to push back a Taliban assault on Monday, forcing residents to shelter in their homes one year after militants briefly seized the strategic provincial capital. Government helicopters were targeting gunmen from the air in a bid to repel the attack, a day before President Ashraf Ghani is due ...