Ajman /Â WAM Some 305 muezzins (men who call Muslims to prayer) and imams (men who lead prayers) of mosques in the emirate of Ajman have received training on how to act, deal with, and put out fires using various types of extinguishers and techniques. The training was provided by the Ajman Civil Defence and the General Authority of Islamic ...
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Precious Arabic manuscripts showcased at Dubai Culture event
Dubai /Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, hosted an event to celebrate Arab Manuscript Day at the Dubai Public Library Al Twar branch, in collaboration with Juma Al Majid Centre for Culture and Heritage. Visitors attended an ‘Arabic Manuscript in Risk’ lecture, which saw the participation of ...
Read More »Etihad plays host to world’s 50 best chefs in Australia
Abu Dhabi / Emirates Business Many of the world’s best chefs and culinary media have experienced Etihad Airways’ award-winning hospitality on their way to Australia for this week’s announcement of The World’s 50 Best Restaurants. As the Official Airline Partner of the 2017 event, Etihad Airways has had the honour of flying some of the biggest names in global ...
Read More »Wi-Fi UAE rolls out at Sharjah’s Sahara Centre
Sharjah / Emirates Business Shoppers and visitors of Sahara Centre in Sharjah can now enjoy the benefits of Wi-Fi UAE as it rolls out in the Mall. Providing everyone with access to the Internet through a choice of either free or premium Wi-Fi. This latest launch expands the Wi-Fi UAE footprint to help enhance happiness through connectivity, which has ...
Read More »Japan LNG buyers wary of Tellurian’s fixed-price offer
CHIBA / Reuters Japanese buyers of liquefied natural gas have shown cautious interest in Tellurian Inc’s bold guarantee of US LNG delivered at a fixed price from 2023, wary of locking themselves into a price that may eventually work to their disadvantage. Tellurian Chairman Charif Souki – who pioneered the first US LNG exports ex-Alaska as head of Cheniere ...
Read More »Gulf’s bond sales see strong start this year
Bloomberg Middle East international bond sales are off to the strongest ever start to a year as borrower demand for funds outstrips the firepower of local banks in an era of depressed oil prices. Hard-currency bond issuance from the six-nation Gulf Cooperation Council, which accounts for the bulk of the region’s capital markets and includes Saudi Arabia, its largest ...
Read More »China’s debt puzzle grows complex as ‘off-book’ bonds increase
Bloomberg China’s evolving means of selling government debt is masking the true extent of the government’s planned borrowing levels. The official budget deficit target is 3 percent of economic output, but that doesn’t include all government debt. One category falling outside of the forecast is off-book bonds — or special bonds as they’re known in China — whose sales ...
Read More »UK financiers battle govt over taxes as Brexit looms
Bloomberg There are signs Britain is getting tougher on financiers just as it needs to attract them. Tax officials are pursuing probes into the residency status of HSBC Holdings Plc Chief Executive Officer Stuart Gulliver and Chi-X Global Inc. Chairman-Emeritus Anthony Mackay, as the government clamps down on people — oftentimes bankers — who work in the UK but ...
Read More »German factory orders recover as economic momentum strong
Bloomberg German factory orders rebounded from their steepest decline in eight years in a sign the recovery in Europe’s largest economy remains intact. Orders, adjusted for seasonal swings and inflation, rose 3.4 percent in February, after slumping a revised 6.8 percent in January, data from the Economy Ministry in Berlin showed on Thursday. The typically volatile reading compares with ...
Read More »WPP drops as major client Unilever slashes ad costs
Bloomberg WPP Plc fell the most in a month after one of the advertising company’s biggest clients, consumer-product giant Unilever, said it would cut back on its marketing spending, fueling concerns about a broader ad-industry slowdown. Unilever, which sells Dove soap and Hellmann’s mayonnaise, will produce 30 percent fewer ads as part of a cost-cutting drive, Chief Financial Officer ...
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