News

  Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR) reached a key stage in preparation for an International Atomic Energy Agency (IAEA) review of efforts to advise personnel on radiation protection in the UAE. The final review, formally called an Education and Training Appraisal in Radiation Protection and the Safety of Radiation Sources, EduTA, is scheduled for February ...

  Bloomberg UK pension deficits surged by 100 billion pounds ($131.4 billion) in August, as the gap between company set-asides and their obligations to retirees ballooned by more than 16 percent in a month. So-called defined benefit pensions, which pay retirees fixed amounts based on service, were underfunded by 710 billion pounds as of August 29, according to PricewaterhouseCoopers LLP’s ...

  AFP Apple chief Tim Cook on Thursday slammed a European Commission ruling demanding the US tech behemoth pay Ireland €13 billion in back-taxes as “political crap”, urging the Irish government to launch an appeal. “It’s total political crap,” Cook told the Irish Independent newspaper, of European Competition Commissioner Margrethe Vestager’s assertion that the company had paid a tax rate ...

  London / AFP Britain’s manufacturing activity hit a 10-month high in August, rebounding strongly from a slump triggered by the country’s vote in favour of exiting the European Union, data showed Thursday. A slump in the pound caused by longer-term Brexit fears lifted export orders last month, according to the closely watched IHS Markit UK Manufacturing purchasing managers’ index. ...

  Brussels / AFP The European Union on Thursday cleared a mobile phone tie-up between Hong Kong’s Hutchison and Russia’s VimpelCom in Italy after they agreed to sell some of the business to boost competition. Hutchison, owned by Hong Kong tycoon Li Ka-shing, and VimpelCom agreed last year to merge their 3 Italia and Wind networks but the European Commission ...

  Washington / AFP The International Monetary Fund said that it could remove its unprecedented 2013 censure of Argentina in November after the country improved its reporting of key economic statistics. The IMF Executive Board said that Buenos Aires had made “extraordinary efforts and important progress” in improving the accuracy of growth and inflation data that they are required to ...

  Miami / AFP Some 8,000 heads of state, policymakers and environmentalists convene in Hawaii this week for the world’s largest gathering aimed at forging a path forward on the planet’s toughest conservation problems. US President Barack Obama is expected to be among the world leaders in Honolulu as the International Union for the Conservation of Nature (IUCN) opens its ...

  Abu Dhabi / Emirates Business According to demographic forecasts, the world population will reach 9 billion by the year 2050 with 70% living in urban areas, according to a United Nations survey. A strong emphasis on solving problems faced by people living in the world’s cities is therefore needed. Some of the main challenges lie in addressing unmet and ...

  Ajman / Emirates Business In a bid to educate students about the emirate of Ajman’s famous touristic destination and increase awareness of local tourism, the Ajman Tourism Development Department (ATDD) has organised city sightseeing tours for students of Ajman University. The two-day tour coincides with the opening of the new academic year and a total of 400 students visited ...

Abu Dhabi / Emirates Business Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise™, has reiterated its commitment to helping Middle East enterprises meet the requirements for round-the-clock availability by announcing its participation at GITEX Technology Week, which will be held between 16-20 October, 2016 at the Dubai World Trade Centre. The company will be ...