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Dubai / WAM Dubai Business Events (DBE), the city’s official convention bureau and a division of Dubai Corporation for Tourism and Commerce Marketing, has been showcasing Dubai’s dynamic business events offering at IMEX, which has been taking place this week in Frankfurt. DBE has brought a total of 27 stakeholders and partners to the global events industry exhibition, which has ...

Dubai / Emirates Business Smart Dubai has won three awards at the annual Government ICT Achievements Awards, organised recently by .Gov magazine – an ITP publication – at The Grosvenor House hotel in Dubai Marina. Attended by more than 200 government official and ICT experts, the event sheds light on the progress and achievements of governments across the GCC in ...

Dubai / Emirates Business A special Liwan Ramadan Majlis in Dubai is setting new standards in luxury and opulence during the Holy Month of Ramadan, making it not only a blessed experience but also offering an exclusive feel with its unique mix of attractions. The Liwan Ramadan Majlis in Jumeirah, Dubai will be truly a one-of-its-kind Ramadan Majlis, unravelling a ...

Bloomberg Tata Steel Ltd. plans to grow “very aggressively” in India, riding on Prime Minister Narendra Modi’s promise of record infrastructure spending, after moving closer to a possible joint venture in Europe that will help stem losses there. “We will be growing very significantly or growing very aggressively as far as India is concerned,” Group Executive Director for Finance Koushik ...

Bloomberg Japan’s economy advanced for a fifth straight quarter, the longest expansion in a decade, supported by continued strength in exports. Domestic demand rebounded, but economists question whether this strength will continue. Gross domestic product increased by an annualized 2.2 percent in the three months ended March 31 (estimate +1.7 percent), accelerating from a revised 1.4 percent in the previous ...

Bloomberg Tencent Holdings Ltd.’s investments in blockbuster video and gaming content are paying off — big-time. China’s largest internet company posted record quarterly sales and profit that topped all analysts’ estimates as blockbuster titles including Honour of Kings drove a billion-plus users on WeChat and QQ to spend on game items. Chairman Pony Ma’s strategy of stockpiling rights to hit ...

Bloomberg Australia’s jobless rate fell in April, adding to the previous month’s strong employment gains, reinforcing expectations that the central bank won’t cut interest rates further. Employment rose 37,400 from March; economists forecast 5,000 gain Jobless rate fell to 5.7%, the lowest since January, vs 5.9% estimate. Full-time jobs fell 11,600; part-time employment rose 49,000. Participation rate held at 64.8% ...

Bloomberg The Philippine economy expanded less than economists forecast last quarter as government and consu-mer spending weakened. Stocks and the peso fell. Gross domestic product increased 6.4 percent from a year earlier, the Philippine Statistics Authority said in Manila on Thursday, after expanding 6.6 percent in the fourth quarter. The median estimate of 14 economists surveyed by Bloomberg was for ...

Bloomberg US wheat grabbed its first sale to the Egyptian government in more than two years as the world’s biggest buyer requested grain with a higher protein content, knocking France out of the mix. Egypt’s General Authority for Supply Commodities bought two cargoes of US wheat totaling 115,000 metric tons, of 39 percent of the amount purchased, according to two ...

Bloomberg American factories flexed some muscle in April, boosting output by the most since February 2014 in broad fashion. Along with gains at mines and utilities, total industrial output was also the strongest in more than three years, Federal Reserve data showed. Factory production rose 1 percent (forecast called for a 0.4 percent gain) after a 0.4 percent drop in ...