News

  SHARJAH / WAM Talented Emiratis with disabilities were the target for Sharjah Investment and Development Authority (Shurooq) at the third Ajman Career Fair, which concluded on Tuesday, at the Emirates Hospitality Centre, Ajman. The authority used its presence at the fair to attract Emiratis living with physical challenges to join its growing workforce, in line with its strategy to ...

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) won a major award at the 2016 World Summit on the Information Society (WSIS) taking place in Geneva, Switzerland, until May 6 with the participation of representatives from countries all over the world. The award was handed to HE Eng. Majed Sultan Al Mesmar, TRA Deputy Director General and head ...

Abu Dhabi / WAM The Abu Dhabi International Book Fair (ADIBF) concluded its 26th edition with a record 272,320 visitors and having generated sales of AED25 million. The fair was held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and organised by the ...

  Cairo / WAM The UAE reiterates its deep concern over the escalation of attacks on civilians in Syria, especially in the city of Aleppo, including the government air force raids on hospitals and essential medical services in an unethical way, amid inhumane and dire conditions caused by the siege. The world community should move quickly to stop this bloodshed in ...

  Dubai / Emirates Business Noor Dubai Foundation (NDF), a Dubai based non-governmental organization (NGO) active in prevention of avoidable causes of blindness, and Dubai Islamic Humanitarian Foundation (DIHF) extended their partnership by signing a memorandum of understanding (MoU) for the sixth consecutive year. DIHF has helped sponsor eye treatment and surgeries in Asia and Africa and will now extend ...

  Mumbai / Bloomberg Jindal Steel & Power Ltd. will sell its 1,000-megawatt generator in central India to JSW Energy Ltd. as the company kicks off a restructuring plan to boost finances. Mumbai-based JSW will pay at least 40 billion rupees ($600 million), excluding net current assets, according to an exchange filing. Jindal Steel will be paid an additional 25 ...

  Beijing / Bloomberg China, the largest gold producer and consumer, is simplifying procedures for cross-border trade, a move that may speed up imports. The central bank and customs will allow companies that have “frequent imports and exports” of gold and gold products to apply for a single permit that can be used in as many as 12 shipments, the ...

  BEIJING / AP Apple Inc. has lost a legal fight with a Chinese company that a Beijing court says is allowed to use the iPhone name on wallets and handbags. The court said Apple failed to prove iPhone was a “famous brand” in China before the local company applied for a trademark in 2007, an official legal newspaper reported. ...

  KUALA LUMPUR / Bloomberg Malaysia’s ringgit slumped by the most in eight months after Federal Reserve Bank of Atlanta President Dennis Lockhart said a US interest-rate increase in June was “a real option.” The comments sparked a surge in the greenback, with the Bloomberg Dollar Spot Index rising from the lowest level in a year. Brent crude hovered around ...

  Jakarta / AFP Indonesia’s growth rate was slower than forecast in the first quarter of 2016, official data showed on Wednesday, in a blow to President Joko Widodo’s efforts to boost Southeast Asia’s top economy. The G20 economy grew 4.92 percent year-on-year from January to March, the official statistics agency said. This was slightly below economists’ forecasts and compared ...