Emirates Business ArabiaWeather — a company specialized in meteorology in the Arab World — reviewed the most significant weather conditions in the region from the beginning of last year until this day, marking World Meteorological Day observed annually on March 23. Some of these conditions were extreme, resulting in physical injuries, property damage and even losses of life. The occasion ...
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Pak bizmen tap prospects at Kizad
RITIKA SHARMA / Emirates Business Encouraging businessmen from Pakistan to add on to the already flourishing bilateral economic relations between UAE and the South Asian nation, Abu Dhabi Ports and Abu Dhabi Terminals (ADT) elaborated upon the integrated offerings from Kizad and Khalifa Port. The exclusive business event organised by Abu Dhabi Ports and ADT, in collaboration with the Islamic ...
Read More »Next-gen cloud services to fortify ME business
RITIKA SHARMA / Emirates Business As governments across the GCC embark on more and more ambitious e- and m-government programmes, it will fall upon businesses to keep up with citizens’ expectations, experts opined during Dynamics Summit 2016 held in Dubai. Keeping the same in mind, Microsoft has taken another step forward in helping Middle East businesses achieve more, as the ...
Read More »EMGAS unveils new CNG station
Sunaina Rana Emirates Business Contributing its bit in the overall cycle of sustainable development, Emirates Gas (EMGAS), a subsidiary of Emirates National Oil Company (ENOC) has inaugurated its one-of-its-kind mini Compressed Natural Gas (CNG) daughter station at Emirates Driving Institute (EDI) in Al Qusais area of Dubai on Tuesday. This new state-of-the-art CNG station has the storage capacity of 1,500 ...
Read More »Gustav Mahler Orchestra to join Abu Dhabi Classics
Emirates Business The Gustav Mahler Youth Orchestra, one of the leading young musical ensembles in the world, will perform two concerts this week at two stunning locations in Abu Dhabi as part of the emirate’s Abu Dhabi Classics international concert season. The orchestra, based in Vienna, Austria and founded in 1986, comprises 120 musicians, last week made its debut appearance ...
Read More »Osborne budget forecast in peril after disappointing Feb
Bloomberg Britain posted a larger-than-predicted budget deficit in February, leaving Chancellor of the Exchequer George Osborne little room to meet his full-year fiscal forecast. Government spending exceeded revenue by £7.1 billion ($10.1 billion) compared with 7.5 billion pounds a year earlier, figures from the Office for National Statistics show. Economists in a Bloomberg survey had predicted a £5.9 billion-shortfall. In ...
Read More »Â£ plunges amid Brussels tragedy, Brexit fears
Bloomberg The pound posted the biggest decline among major currencies amid speculation the Brussels explosions will boost the case of campaigners who want Britain to quit the European Union. The tragedy risks making sterling into even more of a political football as the debate over a potential “Brexit†rages. Anti-EU politicians have argued that migration leaves the U.K. vulnerable to ...
Read More »German manufacturing grows at slowest pace in 16 months in March
Bloomberg German manufacturing grew at the slowest pace in 16 months in March, evidence that the economy is feeling the pressure of cooling global demand. Markit Economics said its Purchasing Managers Index slipped to 50.4 from 50.5 in February, just above the 50 level that separates expansion from contraction. While a separate report showed services improved this month, a gauge ...
Read More »Euro-area deflation persists even as Markit sees growth
Bloomberg Economic growth in the euro area probably picked up at the end of the first quarter, according to Markit Economics, which also said that concerns remain about the health of the region. Markit’s composite Purchasing Managers Index of manufacturing and services rose to a three-month high of 53.7 in March from 53 in February. That keeps the measure well ...
Read More »Crumbling German Autobahn leaves drivers stuck in jams
Bloomberg On a typical weekday, hundreds of heavy trucks arrive at the Chempark Leverkusen, a sprawling complex of refineries flanking the Rhine River in western Germany. For the past two years, the trucks have been forced to make long detours to avoid a crumbling Autobahn bridge that dates to when the Beatles were singing Twist and Shout in Hamburg. Designed ...
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