Articles

AFP With a huge global steel glut and slowing demand in China, an enormous recent spike in the price of iron ore has left analysts scratching their heads, with some even claiming a flower show might be to blame. But observers say the extraordinary movements for one of the world’s basic bulk commodities have been fuelled by something far more ...

AFP In a hotel not in a galaxy far, far away, a robot bids you welcome as you pull into the driveway. Another hands out the keycard to your room, and a third gives you the password to the wifi network. Robots are making an entry into the hospitality industry that has until now always prided itself on delivering a ...

Bloomberg Silver hasn’t been so cheap relative to gold for more than seven years and with mine supplies forecast to contract this year that may be a sign it’s ready to come out of the yellow metal’s shadow. Mine production of silver will probably drop in 2016 for the first time in over a decade and demand is set to ...

Bloomberg Rice farmer Prapatpon Rungsatien perches on a plastic chair in a classroom in rural Thailand. Ceiling fans stir the humid air as she and 49 of her neighbours hunker down for a talk on Southeast Asian economics. Prapatpon, 48, returned to school last month for a state-funded training programme designed to wean farmers off water-intensive rice and teach them ...

Ritika Sharma / EMIRATES BUSINESS Run an eye around UAE and you will not go beyond a few seconds without spotting a sector where Mulk Holdings had not played a part. Warehouses, power plants, sports stadium, shopping malls, diagnostic centres and the list goes on. It won’t be an exaggeration to say that Mulk Holdings has contributed in the development ...

Ritika Sharma / EMIRATES BUSINESS People familiar with the beauty industry and the celebrity make-up artists, need no introduction about who he is. Whether you are from West or East, from Middle East or Asia pacific, a Bollywood fan or a Hollywood one, this Dubai-based Malaysian entrepreneur has styled celebrities and made his presence felt in the industry across the ...

DPA Since the 1970s, Norwegian crude oil has flowed to the market seemingly without let-up, and along with it, vast sums for the state’s coffers. The natural resources sector accounts for around a fifth of Norwegian economic output, with more than 200,000 jobs dependent on it in a population of just 5.2 million. The outlook has changed radically since the ...

Bloomberg Japan is spending more than $1 billion to relaunch the area around the wrecked Fukushima Dai-Ichi nuclear plant as the country’s “Innovation Coast.” The region is trying to capitalize on technology developed in the five years spent cleaning up the worst nuclear disaster since Chernobyl, including Hitachi Ltd. and Toshiba Corp. robots that slither like snakes or cruise through ...

Our Correspondent / EMIRATES BUSINESS Established in 1993, and headquartered in Valletta, Malta, InfiNet is one of the world’s largest privately owned Fixed Broadband Wireless Access (FBWA) design and manufacturing companies. In addition to their headquarters in Malta, the company have a state-of-the-art R&D facility in Ekaterinburg, Russia and a direct presence in sixteen countries (including the UAE and Saudi ...

Sunaina Rana / EMIRATES BUSINESS Kalyan Jewellers is one of most sought after jewellery brands in the Middle East. Starting its journey with a jewellery showroom in 1993 in India, it has enjoyed a long-standing presence in the market for over two decades. The brand has set a benchmark in quality, transparent pricing and innovation. Kalyan Jewellers made its foray ...