News

  Sharjah / WAM The Sharjah Charity International (SCI) has begun the distribution of schoolbags to the enlisted students as part of its ‘Back to School’ Campaign. The foundation launches its annual campaign at the beginning of each new academic year. Abdullah Sultan bin Khadim, Executive Director and Board Member of SCI, said that about 7,000 schoolbags, which include all the ...

  Dubai / Emirates Business The UAE Research Program for Rain Enhancement Science (UAEREP) is nearing the completion of its next milestone phase with August 17 (midnight) serving as the cut-off deadline for receiving full proposals for the second cycle of the program. Aiming to advance rain enhancement science, technology and applications, the first-of-its-kind program encourages more investments in research, ...

  Dubai / Emirates Business Construction industry experts and government officials assembling in Dubai next month will tackle the threat of fires in the region, an issue highlighted by recent blazes in high-rise towers. The latest statistics, published this month by Guardian Wealth Management, a global financial planning company, claim that up to 80 percent of expatriate residents living in ...

  Sharjah / Emirates Business Sharjah Commerce and Tourism Development Authority carries on with its Summer Campaign programme in a bid to position the emirate as a year-long destination for families in the region and the world. GCC countries have proven a prime source market for the emirate’s tourism sector; the region topped the list of visitors to Sharjah as ...

  Dubai / Emirates Business To celebrate Independence Day of India on 15 August 2016, Legoland® Dubai, part of Dubai Parks and Resorts, has for the first time shared a sneak peek into one of its most highly anticipated attractions- MINILAND- with the unveiling of the stunning Taj Mahal LEGO® model. The impressive and realistic model is made from 280,741 ...

  Bloomberg Santos Ltd. will take a $1.05 billion writedown on its Gladstone LNG project due to rising prices for third-party gas supplies and slower-than-expected ramp up of its own equity output to feed the export project. The non-cash charge on the liquefied natural gas development in Queensland, which is $1.5 billion before taxes, will be recorded in its half-year ...

  Bloomberg Egypt, the world’s largest wheat importer, is being asked to consider a wheat storage program offered by a U.S. company before Algeria gets a chance to grab the $250 million investment. Blumberg Grain expects to reach an agreement with Egypt in the next two weeks to expand its wheat storage network, according to a company statement issued Sunday. ...

  Reuters Qatar’s central bank is offering 3 billion riyals ($825 million) of government bonds in its first domestic bond sale this year, suggesting liquidity conditions are easing in a banking system pressured by low oil and gas prices. A central bank official said results of the offer would be known on Tuesday. If it succeeds, it would be the ...

  AFP Japan’s economy stagnated in the second quarter, data showed Monday, falling below expectations and rekindling worries about the government’s faltering bid to stoke a recovery. Growth in the world’s third largest economy was flat at 0.0 percent quarter-on-quarter, missing economists’ predictions for a 0.2 percent expansion in the April-June period as weak exports and a fall in business ...

  Bloomberg Singaporeans are the most pessimistic about the economy in seven years as they’ve grown more gloomy about their quality of life, their income and job security. Mastercard’s consumer confidence index for the city-state plunged to 33.6 in the first half of 2016, down from 44.3 for the previous six months, the company said in a statement on Aug. ...