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Copenhagen / AFP Copenhagen police said on Thursday they had detained four people on suspicion of joining the IS group in Syria and seized weapons and ammunition in a search linked to the arrests. All four were suspected of breaking Denmark’s terrorism law while in Syria, and were arrested in the Copenhagen area, police said in a statement without giving ...

DUBAI / WAM General Services Company “Musanada” has revealed that it has completed the expansion and rehabilitation works of Al Waqan Hospital project in Al Ain city, to be eventually handed over to Abu Dhabi Health Services Company “Seha” over the next few months. The move is part of the efforts to achieve the vision of President His Highness Sheikh ...

Dubai / WAM Dubai’s retailing market size in 2015 is estimated to have reached US$35.4 billion, witnessing sustained annual growth rates of 3.5 per cent to 7.5 per cent since 2010, according to an analysis by the Dubai Chamber of Commerce and Industry based on data from Euromonitor International, prepared ahead of the World Retail Congress which will take place ...

Ritika Sharma / Emirates Business The GCC real estate market is likely to be resilient and register robust growth at a slow pace despite the slump in oil prices by the end of 2016 and beyond. Mega events such as Dubai Expo 2020 and Qatar FIFA World Cup 2022 are likely to provide the boost in region’s tourism and real ...

RITIKA SHARMA / EMIRATES BUSINESS Dip in oil prices may have affected most of the global industries in the Gulf Cooperation Council (GCC) region, in one or the other way, but it has made little difference to the UAE’s luxury shopping sector. However the slowdown has rephrased the way customers spend. In a recently-held GCC-centric survey, it has been found that, ...

BEIJING / AP China has banned most imports of North Korean coal and iron ore, the country’s main exports, in a significant increase in pressure on the North under UN sanctions against its nuclear and missile tests. China buys an estimated two-thirds of impoverished North Korea’s exports, making Beijing’s cooperation essential for trade penalties approved by the UN Security Council ...

Bloomberg US brokers managing retirement accounts must adhere to tough new standards under an Obama administration rule released on Wednesday that aims to protect millions of savers from conflicted investment advice. The Labour Department regulation, which gave the industry some concessions from an earlier proposal, puts a capstone on President Barack Obama’s efforts to rein in Wall Street and level ...

Tripoli / AFP Libya’s UN-backed unity government moved to cement control over the country’s finances and institutions on Wednesday after the rival administration in Tripoli ceded power in a boost to efforts to end years of chaos. The concession late Tuesday by the militia-backed administration that had controlled Tripoli since 2014 was a major about-turn for a body that had ...

Matagis / AFP Azerbaijani and Armenian forces on Wednesday said they were largely observing a truce that halted four days of clashes which claimed scores of lives in the worst outbreak of violence in decades over the disputed NagornyKarabakh region. “The ceasefire was largely observed overnight along the Karabakh frontline,” the Armenia-backed separatist defence ministry in Karabakh said in a ...

Tokyo / AFP US military bases remain essential to Japan’s security, Prime Minister Shinzo Abe said in an interview on Wednesday, as he brushed off comments by Republican presidential candidate Donald Trump that Tokyo should be left to defend itself. Japan’s alliance with Washington has been the bedrock of its defence since the end of World War II, and the ...