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  Sharjah/ Emirates Business Hotels across the Emirate of Sharjah recorded a seven per cent increase in revenue — which reached AED378 million — in the January-to-June period of 2016. Sharjah Commerce and Tourism Development Authority has strategically identified many new markets and worked with local partners to increase guests from these markets and the first half year figures are ...

  Dubai / Emirates Business Latest research by online social recruitment platform Bloovo.com reveals that job seekers consider employer branding one of the top factors when applying for new jobs. As much as 47.4% hold that brand reputation is the single most important criteria when looking for suitable positions. The results come from Bloovo.com’s recent survey, aimed at garnering insight ...

  Dubai / Emirates Business UAE homes are witnessing a momentous transformation, the most important one being the increased adoption of smart technologies, according to industry experts. Whether it is remotely switching off the lights and air conditioning to save energy, watching over loved ones while at work to make sure they are safe and sound, or checking-in while on ...

  Dubai / Emirates Business Dubai-based TURN8 has launched $60 million Venture Capital Fund for technology innovation. TURN8 Innovation Fund I L.P. makes TURN8 one of the largest providers of seed capital in the region catering to the global startup eco system. Kamal Hassan, General Partner, TURN8 said, “This strategic move comes from witnessing a major gap in the market ...

  Bloomberg Global investors can’t get enough of Taiwan. Overseas funds poured $5.4 billion into the island’s equities last month, taking inflows for the year to $11.6 billion and making Taiwan the most popular destination for investors among nine Asian markets tracked by Bloomberg. That’s helped send both the benchmark stock gauge and the currency to one-year highs. Fueling gains ...

  AFP When Indian artist Dattadri Kothur saw the pollution caused by an annual Hindu tradition of immersing elaborately decorated idols of the elephant-headed god Ganesha in the sea, he decided to do something about it. The 30-year-old has come up with an environmentally friendly alternative that will make its debut during this year’s festival in the western city of ...

  Bloomberg Aluminum climbed as inventories tracked by exchanges in London and Shanghai declined, signaling tighter supplies. Most other industrial metals rose, while copper posted its biggest weekly loss in a month. Stockpiles of aluminum held in Shanghai Futures Exchange warehouses fell this week to the lowest since 2011 and those tracked by the London Metal Exchange had the biggest ...

  Bloomberg Kirin Holdings Co. snapped four days of losses after reporting first-half operating profit beat its own forecast by 25 percent. Operating profit rose 1.5 percent to 58.8 billion yen ($581 million) for the six months ended June from a year earlier on increased sales of soft drinks domestically and growth in its pharmaceuticals and bio-chemicals operations, the Tokyo-based ...

  AGENCIES Revenue from Egypt’s Suez Canal reached $3.183 billion in the period between January 1 and August 6, up 4 percent from $3.059 billion in the same period last year, the Suez Canal Authority Chairman said. Mohab Mameesh, who was speaking at a one-year anniversary celebration of the opening of an expansion to the canal, said the canal’s revenues ...

  Bloomberg Apple Inc. acquired artificial intelligence startup Turi Inc. for about $200 million, according to people familiar with the situation, in the latest deal by the iPhone maker to accumulate advanced computing capabilities for its products and services. Turi helps developers create and manage software and services that use a form of AI called machine learning. It also has ...