News

  Dubai / WAM Ohood bint Khalfan Al Roumi, Minister of State for Happiness, Director-General of the Prime Minister’s Office of the UAE and Deputy Chairman of the World Government Summit, and Angela Maria Gonzales Loayza, Secretary-General of the Administrative Department of Civil Service of Colombia, signed a Memorandum of Understanding (MoU) on behalf of their governments to promote co-operation in ...

  Ajman / WAM Around 40 exhibitors are to participate in the forthcoming 5th edition of the Ajman Education and Training Exhibition (AETEX). Under the banner, “Towards a New Era of Innovated Education”, the event is held under the patronage of HH Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, and is organised by the Ajman ...

  Dubai / Emirates Business Mashreq, UAE’s leading financial institution has recorded significant growth in the usage of Cardless Cash via its Mobile Banking application – Mashreq Snapp. Mashreq introduced Cardless Cash in 2015 and since then, the feature recorded 126% growth in 2016 with 77% of requests initiated via Snapp. Mashreq Cardless Cash feature allows customers to withdraw cash ...

  Sharjah / Emirates Business Art enthusiasts in the UAE are being treated to a new exhibition that has just opened to the public at Sharjah Ladies Club (SLC). Titled ‘Thoughts’ the work from Jordanian conceptual artist Sana Al Jefout was displayed at Noon Art Gallery in the club’s Collage Talent Centre. Featuring expressionist paintings that use architectural structures, formations ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s commercial and community ports as well as Khalifa Industrial Zone, obtained the ISO 9001:2015 certification, an internationally recognised standard for quality management systems. This reflects Abu Dhabi Ports’ commitment to meeting and exceeding the needs of customers and stakeholders as well as ...

  DUBAI / Emirates Business In line with its ‘Shared Growth Ambition’ program and global commitment to cultivate employability and financial skills in the communities in which it operates, Barclays partnered with INJAZ UAE, a member of Junior Achievement Worldwide (JAW), which is one of the world’s largest non-profit business education organizations, reaching over 10 million students a year across ...

  Bloomberg Toshiba Corp. had promised on Tuesday would be the day it explained the depth of trouble in its nuclear business. Instead, the company provided hours of chaos that shook investor confidence and raised new questions about the company’s future. It began with Toshiba confirming plans to report earnings at noon in Tokyo, including a looming multibillion-dollar loss in ...

  Bloomberg Steelmakers aren’t out of the woods yet. A year-long rebound risks fading as a slowdown in China’s property market deepens, exposing bullish sentiment as overblown, according to a US-based hedge fund manager and former Citigroup Inc. analyst. “China’s real estate sector is the biggest X-factor for the steel market globally this year,” Ivan Szpakowski, chief investment officer at ...

  Bloomberg China’s producer prices increased the most since 2011, with the world’s biggest exporter further lifting the outlook for global inflation. Producer price index rose 6.9 percent in January from a year earlier, compared with a median estimate of 6.5 percent in a Bloomberg survey and a 5.5 percent December gain. Consumer-price index climbed 2.5 percent, boosted by the ...

  Bloomberg Australian business conditions jumped to the highest level in more than nine years and the employment gauge surged, diminishing the likelihood of interest-rate cuts in the near term. The business conditions index — a measure of hiring, sales and profits — jumped to 16 in January from a revised 10 in December, a National Australia Bank Ltd. survey ...