News

  Dubai / WAM The 18th Water, Energy, Technology and Environment Exhibition (WETEX) 2016 reflects the vision and wise leadership of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and the UAE’s determination to become an inspiring model for other countries in the world in green innovation, the Dubai Electricity and Water ...

  Dubai / Emirates Business Dubai saw a remarkable 17% upsurge in the total volume of traded goods in the first half of 2016, rising as high as 49 million tons of commodities from 41 million tons the same period last year. Dubai’s non-oil foreign trade added up to AED 647 billion from January to June 2016. Imports had the ...

  Abu Dhabi / WAM More than 100,000 local, regional and international visitors attended the 14th Abu Dhabi Hunting and Equestrian Exhibition, (Adihex) which blended traditional culture and heritage with the latest high tech products for hunting, as well as other outdoor sports and activities. Organisers said Adihex is considered one of the most important international events, which is focused on ...

  Dubai / WAM Over 222mn gallons of water was harvested in the UAE’s dams, following the rainfall in the past three days. Dr Matar Hamed Al Neyadi, Under-secretary of the Energy Ministry, said the ministry mandating it to handle the country’s water sector, was working to realise the objectives of strategy for developing water resources, avoiding risks of floods and ...

  Dubai / Emirates Business Dubai Cares, part of Mohammed bin Rashid Al Maktoum Global Initiatives, joined a consortium of partners to undertake an AED 4,828,770 (USD 1,314,488) mass school-deworming program in Ethiopia. Along with the Children’s Investment Fund Foundation (CIFF), the United Kingdom’s Department for International Development (DFID), Ethiopian Public Health Institute (EPHI), Evidence Action, The END Fund, and ...

  WASHINGTON / AFP President Barack Obama lifted US economic sanctions on the former pariah state of Myanmar, the culmination of years of rapprochement that Obama has worked to facilitate. The Southeast Asian nation, also known as Burma, has pursued political reforms over the last five years following decades of oppressive military rule. Obama had announced plans to lift the ...

  Bloomberg The Philippines’ new government plans to court Chinese investment to fund an ambitious infrastructure programme, the latest sign of warming ties between the two nations that have been at loggerheads over territorial claims in the South China Sea. “The last administration hardly spoke to them,” Finance Secretary Carlos Dominguez said in an interview in the World Bank’s headquarters ...

  Hanoi / AFP A Vietnamese court has rejected hundreds of lawsuits filed by fishermen who demanded more compensation from a Taiwanese-owned steel plant responsible for a devastating toxic leak, a leading activist said on Saturday. In a rare case of civic action in authoritarian Vietnam, crowds of fishermen swamped a court house last month to file 506 lawsuits against ...

Bloomberg China watchers are starting to put a price tag on what any collapse in the nation’s red-hot property market could cost banks. A drop of 30 percent in housing prices could cause 4 percent of total loans worth 4.1 trillion yuan ($615 billion) to sour, according to DBS Vickers Hong Kong Ltd. Commerzbank AG said such a drop could ...

  Tokyo / AFP A fifth of the Japanese workforce faces the risk of death from overwork, according to a new government survey into the country’s notoriously strenuous working culture. Hundreds of deaths related to overwork — from strokes, heart attacks and suicide — are reported every year in Japan, along with a host of serious health problems, sparking lawsuits ...