News

  Dubai / Emirates Business A surge in consumer demand for knowledge of food origin and source is now a key factor for successful sales and marketing in the global food industry, according to the latest research. A survey by Opinion Matters found that a food’s ‘origin’ is now second on a consumer’s list, behind only sell-by dates, when it ...

  Sharjah/ Emirates Business In line with the declaration of 2017 as the Year of Giving by President His Highness Sheikh Khalifa bin Zayed Al Nahyan, The Sharjah Media Corporation (SMC) is presenting a series of television programmes that is dedicated to supporting humanitarian issues locally and globally. “Alam Wa Amal” (Pain and Hope), fosters a culture of community involvement ...

  Abu Dhabi / Emirates Business Miral’s subsidiary Farah Experiences announced its Ambassador Program, a training and recruiting program focused on preparing Emirati talent in the travel and tourism sector. The program supports Miral’s ambition to contribute 2,500 jobs to the Abu Dhabi tourism industry by 2018; 1,000 of which will be part of the Warner Bros. World Abu Dhabi ...

  Dubai / Emirates Business The recently announced Cityland Mall project strengthened its credentials as the world’s first ‘nature-inspired’ shopping destination by revealing details of Central Park which is its prime attraction. The 200,000 sq. ft. open-air garden will form the core of the mall – in terms of both architecture and its anchoring role in providing a unique sensory ...

  Dubai / WAM Stefan Schweinfest, Director of the United Nations Statistics Division (UNSD) at the Department of Economic and Social Affairs, DESA, lauded the readiness of the UAE and its ability to host major international events. UNSD and DESA are responsible for the agenda of the World Data Forum, which the UAE will be hosting 2018. On the sidelines of ...

    ALGIERS / Reuters An Algerian company has signed a deal with a US group to set up agricultural projects worth $300 million in the North African country as it seeks to reduce dependence on imports, Algeria’s agriculture ministry said. Under the deal, privately-owned Algerian dairy company Tifralait and the American International Agriculture Group (AIAG) will set up a ...

  Bloomberg EON SE and RWE AG delayed the refueling of some reactors to this winter to avoid paying a tax that has cost them billions of euros in the past, damping supply just as cold weather increases demand. As a result, the nation’s nuclear production is at the lowest since 2011 and is expected to remain subdued through next ...

  Bloomberg Executives atop India’s mobile-phone industry foresee a consolidation that could knock Bharti Airtel Ltd. out of first place in the $26 billion market. The catalyst: free calls and industry debt that has ratcheted up to more than double revenue. Billionaire Mukesh Ambani escalated a price war in September, vowing to reorder the market and luring tens of millions ...

  Bloomberg Gold exports to China soared in the run-up to the start of the Lunar New Year, with volumes increasing in December from major suppliers Switzerland and Hong Kong. More gold was sent from Swiss refiners to the world’s top consumer than in any month since at least January 2014, according to data on the website of the Swiss ...

  Bloomberg Consumer prices in Japan dropped for a 10th straight month, though the pace of decline eased as oil costs rose, supporting expectations for a return to inflation later this year. Consumer prices excluding fresh food, the Bank of Japan’s core inflation gauge, fell 0.2 percent in December from a year earlier (forecast -0.3 percent). Overall consumer prices rose ...