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  Bloomberg Emerging-market stocks are looking like a smart buy as investors begin to view the developed world, from frequent terror attacks to a troubled European Union, as the sometimes riskier proposition. This year, emerging-nation equities have outperformed their developed peers as concern over a hard landing in China subsided and a rebound in commodity prices propped up export-dependent economies. ...

  Paris / AFP France will pump 3 billion euros into state-controlled electricity company EDF, shareholders decided Tuesday, two days before it is expected to give the final green light to the controversial construction of two nuclear reactors in Britain. At an extraordinary meeting, shareholders approved a 4-billion increase in share capital, of which the French state, which owns 85 ...

  Aleppo / AFP Syria’s regime intensified air strikes on rebel-held areas of Aleppo province Monday as a UN envoy prepared to meet US and Russian officials to try to revive peace talks. France called for an immediate humanitarian truce in Aleppo city after civilian deaths in the provincial capital and after four hospitals were bombed there on Sunday. On ...

  Abu Dhabi / WAM The Abu Dhabi Department of Economic Development (ADDED) issued a decision that allows the licensing of restaurants that provide their services through mobile vehicles, subject to their being an existing restaurant or foodstuff catering license that is either owned 100% by a UAE citizen or with a local partner. Mohamed Munif Al Mansouri, Executive Director of ...

  Abu Dhabi / Emirates Business Making strategic long-term investments, and pooling knowledge and resources from within the oil and gas industry is central to energy sector progress, said senior officials and world representatives at a recent gathering in Abu Dhabi for members of the prestigious Middle East Petroleum Club (MEPC). Guests at the MEPC ‘Al Multaqa’ event were given ...

  Abu Dhabi / Emirates Business Masdar Institute of Science of Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, on Monday announced that it is organizing a two-day course in electrochemical engineering focused on ‘Batteries and Fuel Cells’ for members of the Young Future Energy Leaders (YFEL) program. The course, to be led by Dr ...

  London / AFP Scottish First Minister Nicola Sturgeon on Monday warned Britain was heading for a “hard” exit from the European Union against Scotland’s wishes, which could pave the way for independence. In a speech in Edinburgh, the Scottish National Party (SNP) leader cited continuing access to the EU single market and maintaining freedom of movement with the bloc ...

  Bloomberg Hillary Clinton’s campaign manager insisted that Democrats are unified as they kick off their nominating convention amid the ouster of Democratic National Committee chairwoman Debbie Wasserman Schultz and said he is “very confident” Bernie Sanders will deliver a rousing speech Monday night in support of the nominee. Speaking at a Bloomberg Politics breakfast on Monday in Philadelphia, Robby ...

  Bloomberg Indian Railways plans to rack up debt to help fund an unprecedented modernization plan. Some 2.5 trillion rupees ($37 billion) of debt is required in the five years through 2020, according to Railway Minister Suresh Prabhu. That’s more than triple the 692 billion rupees of outstanding Indian Railway Finance Corp. bonds. The network is also exploring non-fare revenue ...

  Emirates Business Aldar Properties PJSC (Aldar) — Abu Dhabi’s leading listed property development, investment and management company — views Al Ain as a key expansion market for its retail portfolio, driven by its significant local population and vibrant business landscape. According to Urban Planning Council’s “Plan Al Ain 2030”, the city population will witness a 3 fold- increase over ...