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Bahrain / Emirates Business CFA Society Bahrain and CFA Institute, the global association of investment professionals, are to host the seventh annual Middle East Investment Conference 2016 (MEIC) on April 13 for the second time in Bahrain. The event is open to all CFA charterholders and investment professionals from across the Middle East region and will be held at the ...

Brussels / Bloomberg With some 50,000 movies made every year across the world, how can Arab filmmakers find their footing in the international market? This was one of the key topics discussed at the second edition of Qumra, the annual industry event by the Doha Film Institute designed to nurture talents of emerging filmmakers. Through a series of one-on-one meetings, ...

BLOOMBERG FastJet Plc will start closing routes after burning through cash in its efforts to become the first pan-African discount airline, predicting 2016 earnings will fall “materially” below analyst estimates. The share price almost halved in the biggest decline since the company was founded in 2012. The impact of challenging market conditions and currency fluctuations has proved “a lot more ...

Bloomberg Thai Union Group Pcl, producer of “Chicken of the Sea” canned tuna and other seafood products, is planning at least two overseas acquisitions this year to boost revenue by about $500 million, following a failed bid for the rival Bumble Bee Foods LLC last year. The Samutsakorn-based company is considering purchases of seafood producers in Europe and developing countries ...

Bloomberg Lindt & Spruengli AG is challenging Godiva as the Swiss company set a goal of becoming the world’s largest premium chocolate retailer by 2020, bolstering its direct sales to consumers. Lindt plans to open 20 to 30 shops each year, the Kilchberg, Switzerland-based maker of Lindor balls said in a statement on Tuesday as it reported full-year profit growth ...

Bloomberg The US Supreme Court has rejected an appeal from Apple Inc. and left in place a ruling that the company conspired with publishers to raise electronic book prices when it sought to challenge Amazon.com’s dominance of the market. The justices’ order lets stand an appeals court ruling that found Cupertino, California-based Apple violated antitrust laws in 2010. Apple wanted ...

Addis Ababa / Bloomberg Ethiopian Airlines Enterprise, Africa’s largest carrier by revenue, increased its profit by 12 percent to 3.53 billion Ethiopia birr ($165.4 million) in 2014-15 despite declining air traffic on the continent. The fiscal crisis in African oil producers due to the falling crude price, the effects of the Ebola crisis on travel and instability in Africa and ...

ABU DHABI / WAM The first-ever Abu Dhabi Aviation and Aerospace Week (ADAAW) 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, welcomed thousands of executives, exhibitors, and other key stakeholders to the UAE capital since its doors opened on March 6, ...

ABU DHABI / WAM The UAE on Monday signed three more deals worth over AED 1.47 billion with local and International companies on the second day of Unmanned Systems Exhibition and Conference, UMEX 2016, at the Abu Dhabi National Exhibition Centre (ADNEC). The announcement was made at a press conference by Brigadier General Rashid Mohammed Al-Shamsi, Chairman of the Higher ...

ABU DHABI / WAM US Vice President Joseph R. Biden on Monday visited Masdar City as part of his series of official engagements with senior UAE leaders. The visit is the latest milestone in a bilateral relationship that has helped drive global efforts to foster the widespread adoption of renewable energy, the acceleration of clean technology innovation and research as ...