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‘Work on development tools to enhance market discipline’

  Abu Dhabi / Emirates Business His Excellency Engineer Sultan bin Saeed Al Mansoori, Minister of Economy, headed the 4th Meeting of the Higher Committee for Consumer Protection (HCCP) for 2016, which was recently held at the Meydan Hotel in Dubai. The session was attended by HE Engineer Mohammed Ahmed bin Abdulaziz Al-Shehhi, Undersecretary for Economic Affairs in the Ministry ...

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Tasjeel to double its network by 2020

  Dubai / Emirates Business Tasjeel, the UAE’s one-stop-shop for all vehicle testing and registration needs, unveiled growth plans to double its network in the next four years to cater to increasing population growth. The company plans to add 12 new sites; six in Dubai and six in the Northern Emirates including Ras Al Khaimah and Ajman for the first ...

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MBRSC opens space centre at KidZania

  Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) officially opened its section within KidZania, the award-winning children’s edutainment centre managed by Emaar Entertainment in The Dubai Mall. The new MBRSC space science and technology section enables the young visitors to join a team in designing and manufacturing their very own observation satellite, before witnessing the launch ...

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Monte Carlo Circus arrives in Al Qasba for the first time

  Sharjah / Emirates Business UAE fans of the big top are set for an exciting three months of action with the arrival of the Monte Carlo Circus in Al Qasba, Sharjah for the first time ever. Running from December 28, until March 18, 2017, the popular show will be featuring a host of acrobatic performances and thrilling entertainment acts ...

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China clamps down on online video-streaming services

  BEIJING / AP Chinese authorities are clamping down on streaming video over social media amid a proliferation of online-only television content and live-streaming. The State Administration for Press, Publication, Radio, Film and Television is requiring social media platforms like WeChat and Weibo to obtain licenses to broadcast video or audio, while also demanding that content distributed over social media ...

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Aussie property boom spurs real estate loans

  Bloomberg Australian real estate loans are bucking a slump in the syndicated lending market and have nearly quadrupled in 2016 from last year, buoyed by continuing demand for residential and commercial assets. Asian banks are taking notice. Fifteen syndicated loan deals for constructions, land development and property acquisitions worth $3.37 billion were signed so far this year, the highest ...

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Australia records biggest job gain this year

  Bloomberg Australia’s economy recorded its biggest monthly jobs gain this year, led by full-time employment, while a higher participation rate also signaled a healthier labor market. Employment jumped 39,100 from October, more than double economists’ forecast for a 17,500 gain October jobs gain was upwardly revised to 15,200 from 9,800. Jobless rate rose to 5.7 percent from 5.6 percent; ...

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Mongolia battles to reduce pollution

  Bloomberg If you think air pollution in China has been bad, just look at Mongolia. Levels of particulate matter in the air have risen to almost 80 times the recommended safety level set by the World Health Organization — and five times worse than Beijing during the past week’s bout with the worst smog of the year. Mongolian power ...

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Israel Oks ‘Facebook law’ against web incitement

  Bloomberg Israeli courts could demand that companies such as Facebook Inc. remove content deemed as incitement, under a bill that that will head for parliamentary approval amid concerns about free speech. The law would give Israel the tools “to have content liable to lead to murder and terror removed immediately,” Public Security Minister Gilad Erdan said via text message ...

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