News

  Abu Dhabi / WAM As part of the UAE Innovation Week programme, Khalifa University has invited the public to view the cutting edge research the university is engaged in. A part of the week’s activities, open houses at two of the university’s eleven research centres was held on Sunday. The public is also invited to visit the Visual Signal Analysis ...

Lima / AFP Fast-growing Asia-Pacific economies will strike more trade deals among themselves as opposition grows in Europe and the US to globalization, analysts say, warning the West will lose out as the dynamic region powers ahead. The most high-profile victim of recent protectionist sentiments has been a major US-led trans-Pacific deal, which is as good as dead after the ...

  Bloomberg Asia-Pacific leaders are expected to send a strong message in defense of free trade on Sunday as they wrap up a summit that has been overshadowed by US President-elect Donald Trump’s protectionism. The broad consensus at the Asia-Pacific Economic Cooperation (APEC) summit, which features some of the world’s most powerful leaders on both sides of the Pacific, is ...

  Bloomberg Home-loan providers in Australia are selling mortgage bonds at the slowest pace in four years, flocking instead to cheaper debt that doesn’t require collateral. Just A$14.8 billion ($11 billion) of new residential mortgage-backed securities have been issued so far in 2016 by banks and other housing lenders, 36 percent less than at this stage last year, data compiled ...

  Bloomberg The country’s proposed national minimum wage amounts to 20 rand per hour and brings South Africa a step closer to tackling poverty, inequality and unemployment, South African Deputy President Cyril Ramaphosa said to reporters in Johannesburg on Sunday. “It is by no means the final figure of what the national minimum wage is going to be,” Ramaphosa said. ...

  Abu Dhabi / Emirates Business Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, will extend its support to the 3rd edition of the Arab Women in Leadership and Business Summit, which will be held in Dubai from November 21-22, as official partners of the ...

  ABU DHABI / WAM Emirati women are playing an increasingly important role in the UAE’s nuclear industry holding critical positions at different levels, said HH Sheikha Fatima bint Mubarak, Chairwoman of the General Women’s Union, Supreme Chairwoman of the Family Development Foundation, and President of the Supreme Council for Motherhood and Childhood, in a statement ahead of the 24th Women ...

  Dubai / Emirates Business Four winners of the Middle East Cleaning Technology (MECTW) ‘Excellence Awards’ for housekeeping category will be taking a trip to Karcher’s manufacturing factory in Germany. This was announced on the sidelines of Excellence Awards ceremony that identified the ‘achievers’ in the housekeeping, facility management and laundry sector. This year’s awards witnessed an overwhelming participation with ...

  Dubai / Emirates Business The Department of Economic Development (DED) in Dubai signed a Memorandum of Understanding with MCI Middle East, a global consulting company, to work together on developing strategies for more dynamic relations with the private sector and supporting the Business Community Engagement initiative, launched by DED earlier this year. The agreement is part of the efforts ...

  Dubai/ Emirates Business The new phase of the award-winning Jumeirah Golf Estates Clubhouse is now open for business, marking the introduction of a brand new F&B concept and 300-capacity events space to Dubai. Located at the heart of Jumeirah Golf Estates, the 12,150m2 Clubhouse has been expanded to include its fourth F&B outlet and first-of-its-kind banquet space in the ...