Abu Dhabi /Â WAM Abu Dhabi International Airport (AUH) welcomed 2.3 million passengers in August 2016, marking an increase of 2.3 percent compared to the same period last year. Since the beginning of the year, passenger traffic has grown 6.2 percent from the same period last year, with 16,422,763 passengers between January 1 and August 31, according to Abu Dhabi ...
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DP announces 18 new buildings in Remraam
Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, on Wednesday announced 18 new buildings available for lease in one of its most vibrant communities in DUBAILAND – Remraam. The construction progress of the 18 new buildings, which contain 1441 units, has reached 90% and is moving forward in line with ...
Read More »IHAF to hold first-ever general assembly meet in UAE on Nov 6
Abu Dhabi / Emirates Business The International Halal Accreditation Forum (IHAF), the world’s first Halal international accreditation network, will hold a general assembly meeting in the UAE on November 6. This will be the first time IHAF will be conducting a general assembly meeting with the aim of bringing its founding members together to discuss the internal system of ...
Read More »Mall of Qatar to create 8,000 new job opportunities
Doha / Emirates Business In the lead-up to the soft opening of Mall of Qatar, it has been revealed that the multi-billion QAR project—designed to serve as the region’s ultimate shopping, entertainment and dining destination—will generate about 8,000 new jobs nationwide. This impressive figure indicates that Mall of Qatar is set to play a pivotal role in the country’s ...
Read More »Referendum fears for EU as Italy cuts growth forecast
Rome / AFP Italy has slashed its growth forecasts for this year and next, nine weeks before a referendum shaping up as make-or-break vote on the centre-left government’s record that could send shockwaves across Europe. Speaking after a cabinet meeting on updated budget plans for 2017, Prime Minister Matteo Renzi said he was now making a “prudent” prediction of ...
Read More »Greek lawmakers pass fresh reforms sought by creditors
Athens / AFP The Greek parliament has adopted fresh austerity measures sought by its international creditors, including expediting privatisation of utility companies. The reforms were passed by 152 of the 293 parliamentary deputies present, deputy speaker Yorgos Varemenos announced after the debate. The vote opens the way for 2.8 billion euros ($3.1 billion) in loans, which have been blocked ...
Read More »French government defends ‘serious’ pre-election budget
Paris / AFP The French government defended its 2017 budget on Wednesday, seven months ahead of the presidential election, after a top watchdog said it doubted it could hit its fiscal targets. France, which has repeatedly broken the European Union’s fiscal rules, is targeting a deficit of 2.7 percent of GDP for 2017, the lowest in a decade and ...
Read More »Nordic leaders seek EU agreement over post-Brexit power play
Bloomberg The Nordic members of the European Union have vowed to work closer together to make up for the potential loss of a key ally, the U.K. Meeting Wednesday in the Finnish island of Aaland, the leaders of Sweden, Denmark and Finland agreed to explore ways of cooperating on some of the crucial battles they will face in Brussels. ...
Read More »Health insurer to subsidize Apple Watch buys
AFP A major US health insurance company has said it will help buy Apple smartwatches for customers as part of a move to integrate the gadgets into wellness management programs. Aetna announced that, in the coming open enrollment period, it will make Apple Watch buys an option for large employers and individual customers, becoming the first major health care ...
Read More »Power outage grips S Australia
Agencies The entire state of South Australia lost electricity after severe winds and storms lashed the region, according to Adelaide-based SA Power Networks. The distributor, which services about 850,000 homes and businesses, said that Australia’s fourth-largest state by area is currently without power and there is “no upstream supply from the transmission network.†The state — about one and ...
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