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  Dubai / Emirates Business Honeywell (NYSE: HON) on Monday announced the results of a first of a kind thermostat pilot program in Sharjah, United Arab Emirates, that indicates mosques in the Middle East have the potential to cut their energy consumption by more than one-third through the use of “smart” thermostats. Honeywell’s VisionPRO 8000 thermostat for mosques, designed with ...

  Abu Dhabi / Emirates Business As the region’s 2015/2016 cruise season has come to a close, Abu Dhabi Ports, (ADP) the master developer, operator and manager of ports and the Khalifa Industrial Zone in the Emirate, released its best ever Cruise Terminal performance figures. With an increase of 16% in passengers and 20% increase in vessel calls, the state-of-the-art Abu ...

  Kabul / AFP A busload of Nepali security guards were among 23 people killed in a string of bombings across Afghanistan on Monday, days after Washington expanded the US military’s authority to strike the insurgents. The Taliban claimed the first attack which killed 14 Nepali security guards working for the Canadian Embassy in Kabul in a massive blast that left ...

  Moscow / Bloomberg Vladimir Putin is considering selling part of Russia’s corporate crown jewels to China and India as the president struggles to meet spending commitments before his possible re-election bid in less than two years. Russia is seeking buyers for 19.5 percent of state oil champion Rosneft OJSC and would prefer a joint deal with the two nations ...

  WASHINGTON / AP Democrats get their long-sought votes on gun control a week after the massacre in Orlando, Florida, but election-year politics and the powerful National Rifle Association (NRA) dim any prospects for changes in the nation’s laws. The Senate was to vote on Monday night on four measures — two sponsored by Republicans, two by Democrats. All are ...

  ALKESH SHARMA / Emirates Business Green is the new mantra for success in the boats and yacht industry. UAE, which is undergoing a considerable surge in the sea-tourism segment owing to its picturesque coastline, is gradually taking firm strides towards the eco-friendly marine solutions in the yachting world. According to reports, as eco-friendly generation is fast multiplying and it ...

  Sunaina Rana / Emirates Business Technological advances have given a boost to the digital signage industry in the Emirates, with the sector expected to reach $23.02 billion by 2023, according to a report by Global Market Insights Inc. “Digital World Computer Design LLC has been contributing to the Digital Printing industry for the last 10 years in Dubai. The ...

  Bloomberg The U.K. referendum on European Union membership entered its final stages as David Cameron tried to capitalize on a swing in momentum back to the “Remain” campaign and former London Mayor Boris Johnson accused the prime minister of having nothing to offer voters. The pound surged on Monday as investors grew more confident British voters will opt to ...

  Bloomberg Here comes Canadian oil to douse the hottest rally since 2009. Money managers reduced bets on rising oil prices by the most in 11 months as Canadian output continued to ramp up after Alberta’s wildfires. The recovery in oil prices remains “fragile” as disrupted supplies return to the market and prolong a global surplus, according to Goldman Sachs ...

  ALKESH SHARMA / Emirates Business With nearly 25 percent growth in 2016 and poised for a rapid surge in the coming months, Android operating system is evidently dominating the UAE smart-phone market. One of the most user-friendly operating systems, Android is supported by various mobile phone brands including Korean-giant Samsung. Samsung is one of the market leaders in smart-phone ...