News

  Dubai / Emirates Business Dubai Trade, the single innovative window for trade and logistics e-Services, announced a new partnership with Abu Dhabi Islamic Bank (ADIB) to offer users of the e-Payment gateway “Rosoom” the bank’s direct debit service to pay Dubai Trade and DP World e-Services transaction fees. Commenting on the partnership with ADIB, Dubai Trade CEO, Eng. Mahmood ...

  Dubai / Emirates Business The fifth installment of the Digital Media Forum (DMF) and the third edition of MENA Digital Awards (MDA) will take place on April 26 at The Westin Dubai Mina Seyahi, Serdaal Ballroom. This season will be launched under the theme of “The Future Restarts at 2016 DMF,” which will comprise of ‘Media and Performance’, ‘Creative ...

  Sunaina Rana / Emirates Business To bring a dream wedding come to life, even the minutest of details and elements must be addressed to with utmost care. And for brides, since it is the ‘bridal dress’ which contributes to making the day perfect, it assumes the biggest importance. Bride Show Abu Dhabi 2016, held at Abu Dhabi National Exhibition ...

  Dubai / Emirates Business Engineer Saeed Al Mansoori, Head of the Applications Development and Analysis Centre at the Mohammed bin Rashid Space Centre (MBRSC), presented a workshop entitled “Space investment to Serve Earth”, at the 4th edition of Dubai International Government Achievements Exhibition (DIGAE) organised by the Dubai Government Excellence Programme (DGEP) of the General Secretariat of the Executive ...

  Beijing / AFP Chinese exports surged in March, the first gain in nine months and the latest positive data out of the world’s number two economy, but analysts warned on Wednesday’s headline figure masked ongoing weakness in overseas demand. Official figures showing a better-than-expected jump in shipments abroad come just days after another strong inflation reading and last week’s ...

  New Delhi / Reuters India’s 2016/17 wheat imports are expected to surge more than five-fold to the highest in a decade, as a severe drought linked to an El Nino weather event and unseasonal rains push domestic output down to the lowest since 2011, a Reuters survey shows. A spike in overseas purchases by India, the world’s second largest ...

  Islamabad / Reuters Pakistan’s government will guarantee 100 billion rupees ($955 million) worth of Islamic bonds to fund what would become the country’s fourth largest hydropower plant, aiming to address power shortages that have hindered economic growth. The deal would be one of largest infrastructure sukuk sold to date, helping expand a funding format that has largely been confined ...

  TOKYO / Reuters Japan’s Mori Building Co said on Wednesday it would spend about 400 billion yen ($3.7 billion) on constructing three high-rise towers as part of a grand plan to redevelop a central Tokyo district, and may seek a partner to fund the project. The development is part of Mori’s 1 trillion yen plan to redevelop the Toranomon ...

  MANILA / WAM Emerging risks and destabilisers as diverse as widening income inequality, slower growth, and climate change, are reshaping Asia’s economic landscape at such a rapid pace that governments must build far greater resilience into their national plans, says the Independent Evaluation at Asian Development Bank (ADB). “The urgency for countries to adapt to the new environment is ...

Bloomberg Greek PM Alexis Tsipras will seek help from French President Francois Hollande after talks between his government and its creditors failed — again — to produce the approval needed to release funds from his country’s third bailout. Tsipras will meet his French counterpart in the Elysee Palace with Greek officials still struggling to convince inspectors from the European Commission, ...