DUBAI / WAM Shamma bint Sohail Faris Al Mazrui, Minister of State for Youth Affairs has announced the launch of ‘Youth Circles’ initiative in the UAE, which will hold its first meeting in Dubai on Wednesday, under the theme, ‘Youth and future skills’, with the participation of a number of youth leaders and university students. ‘Youth Circles’ is one ...
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Digital fluency can close gender gap
Sunaina Rana / Emirates Business To identify and better understand the role of digital fluency in workforce gender equality, a new report from Accenture stated the influence of digitalisation in the workplace and the increasing trend of women embracing the use of technology to become more knowledgeable, connected and effective, plays a key role in helping women achieve gender ...
Read More »Etihad receives Best First Class’ and ‘Best Frequent Flyer’ award
Dubai / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, was named ‘Best First Class’ and ‘Best Frequent Flyer’ programme at the Business Traveller Awards Middle East, which were held at the Palazzo Versace in Dubai on Sunday night. The awards are now in their fifth year and are a celebration of the region’s top ...
Read More »Leatherworld Middle East to begin today
DUBAI / Emirates Business From the most technologically advanced Abu Dhabi tannery to a Dubai-based start-up aiming to be a global name in leather accessories, UAE companies are set to steal the spotlight when the 2nd edition of Leatherworld Middle East opens on Tuesday. Some of the world’s leading manufacturers and suppliers are preparing for the Middle East’s only ...
Read More »120,000 visitors attend 8th edition of SCRF in five days
Sharjah / Emirates Business The number of visitors to the 8th edition of Sharjah Children’s Reading Festival (SCRF), the region’s foremost literary event for young people, exceeded 120,000 visitors during its first five days. The figure is a significant increase in the number of attendees recorded in the same period during last year’s festival. Organisers of SCRF 2016, which ...
Read More »Global carmakers see rising competition at China show
Beijing / AFP Global carmakers gathered in Beijing on Monday to show off their wares as competition intensifies and growth slows in the world’s biggest auto market, with the key SUV and new energy vehicle sectors the focus of attention. The flamboyant show, which alternates between the capital and commercial hub Shanghai, came after auto sales in China grew just ...
Read More »China to build $11bn airport to meet growing demand
Beijing / Bloomberg China plans to spend as much as $11 billion on a second airport in the southwestern city of Chengdu to help meet growing demand for air travel in the world’s second-biggest economy. The proposed facility will have three runways, one of them as long as 4,000 meters, according to a statement posted on the website of ...
Read More »Reliance profit falls in eight months to highest
Mumbai / Bloomberg Reliance Industries Ltd., which reported the highest quarterly profit in more than eight years on Friday, fell to the lowest in more than a month on concerns over cost-overruns and delays in projects. The shares declined as much as 2.6 percent to 1,012.30 rupees, the lowest since mid-March, and traded at 1,015 rupees as of 2:31 ...
Read More »Philip Morris pleads not guilty to tax dodge
Bangkok / AFP Tobacco giant Philip Morris on Monday pleaded not guilty to dodging hundreds of millions of dollars in import tax to Thailand, a crime carrying a massive fine of up to $2.27 billion. Thai prosecutors accuse the local unit of the company, which owns the Marlboro and L&M brands, of evading some 20 billion baht ($568 million) ...
Read More »Singapore consumer prices decline in record slump
Singapore / Bloomberg Singapore’s consumer prices fell for a 17th consecutive month in March, the longest period of decline on record, reflecting the impact of lower oil costs and a weakening economy. Consumer prices dropped 1 percent from a year earlier as transport and housing costs fell further, the statistics agency said in a statement on Monday. That compares ...
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