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Sharjah / Emirates Business Axis Bank, India’s third largest private sector bank, on Sunday opened a representative office in Sharjah. Vipul, Consul General of India in Dubai, inaugurated the representative office. The representative office in Sharjah is the third such Axis Bank office in the UAE after Dubai and Abu Dhabi. The new representative office will engage primarily in promoting ...

DUBAI / WAM The Gulf job market is set to grow at an average rate of nine percent this year, according to research conducted by GulfTalent, an online recruitment portal. The results are based on GulfTalent’s survey of over 1,100 CEOs and executive managers of firms across the GCC. According to survey findings, the biggest factor driving employment growth is ...

Abu Dhabi / Emirates Business Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on Sunday announced that it recycled over 96 thousand tonnes of waste in 2017, up from over 77 thousand tonnes in 2016. Today is the first Global Recycling Day, which is being marked worldwide to encourage the economic ...

Dubai / Emirates Business A bespoke interior finishing company, Covering Concepts on Sunday announced the launch of their design studio at Dubai Design District with an aim to capture the growing GCC interior fit-out market, valued at approximately $18 billion. Covering Concepts will offer a wide range of premium flooring and wall design solution for both residential and commercial projects. ...

Dubai / Emirates Business International heavyweights in construction machinery will be in Dubai for one week only at The Big 5 Heavy next week, which will run from March 26 – 28 at the Dubai World Trade Centre (DWTC). With over 300 exhibitors from 30 countries including the biggest brands in the world in its launch edition, The Big 5 ...

Bloomberg Saudi Arabia’s Crown Prince Mohammed bin Salman plans to meet top global executives, including the heads of Apple Inc and Google, during his first trip to the US since becoming heir to the throne of the world’s largest oil exporter, according to a person briefed on the trip’s details. Crown Prince Mohammed, known among journalists and diplomats as MBS, ...

Bloomberg Saudi Arabia is cutting back on its dealings with some German companies amid a diplomatic spat with its top European trading partner, according to people with knowledge of the matter. Government agencies have been told not to renew some non-essential contracts with German firms following comments made in November by Germany’s then-foreign minister, Sigmar Gabriel, two of the people ...

Bloomberg Royal Dutch Shell Plc and Eni SpA may have misled regulators in Nigeria by wrongly attributing oil spills to theft and sabotage in order to avoid paying compensation to affected communities, rights group Amnesty International said. “Amnesty International researchers have identified that at least 89 spills may have been wrongly labeled as theft or sabotage when in fact they ...

Reuters Iran has nearly doubled gas production at South Pars, the world’s largest gas field, in the past year, Iranian President Hassan Rouhani said on Sunday, according to state media. Gas production at South Pars increased from 285 million cubic meters to 555 million cubic meters in the past Iranian calendar year, which started in late March 2017, Rouhani said, ...

Bloomberg China’s crackdown on financial risks and trade tensions with the US threaten to undermine a stronger-than-expected start to the year for the world’s second-largest economy. Factory output and investment in fixed assets exceeded economists’ expectations in the first two months of this year, climbing 7.2 percent and 7.9 percent respectively from a year earlier as Chinese exports surged. Retail ...