News

  ALKESH SHARMA / Emirates Business UAE’s real estate industry is gradually bouncing back, especially sale-purchase segment. Market pundits have observed a good rise in the property buyers’ interest that has been recorded at maximum levels in the last couple of years. Industry experts maintained that upcoming mega events in the region, including Expo 2020 and FIFA World Cup, have ...

  Dubai / Emirates Business The Chartered Institute of Procurement and Supply (CIPS) awarded eleven regional companies for their outstanding procurement and supply management best practice and contribution to enhancing the role of the profession in the Middle East. The 2016 winners of the CIPS Middle East Awards were announced recently at The Address Dubai Marina. The Supply Management Awards ...

  Ajman / Emirates Business A delegation from Ajman’s Municipality and Planning Department headed by Khaled Al Hosani, Executive Director of Support Services, recently visited Smart Dubai Government Establishment (SDG). The delegation was briefed on SDG’s best government practices in the field of evaluating government websites and electronic and smart services as part of sharing knowledge among government entities. The ...

  Dubai / WAM Huawei, a leading global ICT solutions provider, is hosting a two-day global gathering of government leaders from the public safety and security sector at its Safe City Summit 2016, being held in Dubai on May 17 and 18. Themed, ‘Leading New ICT, Making Cities Safer’, the event will see local, regional and international guests attend workshops to ...

  Dubai / Emirates Business In a bid to consolidate the efforts of the UAE initiative for the care of orphans and minors launched in 2015 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, a delegation from Al Jalila Cultural Center for Children (AJCCC) recently visited Awqaf ...

  Emirates business Infoblox Inc., the leader in DDI and DNS Security, and Fortinet, global leader in high-performance cybersecurity solutions, will jointly host a security seminar entitled ‘Together We Protect’ at the Four Seasons Hotel in Riyadh, Saudi Arabia on Monday, May 30. Cherif Sleiman, General Manager, Middle East at Infoblox says, “We are in the midst of a wave ...

  New Delhi / AFP Narendra Modi was elected two years ago this week promising to ease India’s notorious red tape and unpack regulatory tangles, but for foreign firms, doing business in the world’s fastest-growing large economy can still be a costly headache. With a billion consumers and rising middle class, India holds dazzling potential — yet despite signs of ...

  Beijing / Bloomberg China’s home sales continued to grow in April, signaling that tightening measures designed to stem a home-price surge in some large cities have yet to slow the market’s upward momentum. New-home sales gained 63.5 percent to 793.7 billion yuan ($122 billion) last month from a year earlier, according to Bloomberg calculations based on data the National ...

  Singapore / AFP Singapore Telecom (Singtel) reported a full-year net profit rise, driven by increased mobile data usage as more customers browse the Internet on handheld devices. Investments in high-speed Internet networks and services are paying off as the easy mobile connections allow people to consume more data while on the go, said Singtel, Southeast Asia’s biggest telecom firm ...

  Kolkata / Bloomberg The monsoon in India, which accounts for more than 70 percent of the annual rainfall, will arrive a week later this year, prolonging a drinking water shortage and delaying planting of crops from rice to cotton and sugar cane. Southern Kerala state will start receiving the seasonal rains from June 7, the India Meteorological Department said ...