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Luxembourg / AFP She fled Cuba with her bourgeois family as revolution brewed, and later married into one of Europe’s royal dynasties. Today, as the Communist-ruled island emerges from long economic isolation, Luxembourg’s Grand Duchess Maria Teresa says she hopes to return home to pitch the cause of micro-credit to help the country’s poor. A Unesco goodwill ambassador, Maria Teresa, ...

ALKESH SHARMA / Emirates Business Homeland security has become one of the most imperative issues in today’s fast-zooming world. At a time when the world is facing dozens of crisis situations, making countries vulnerable to various threats, global economies are pledging to earmark enhanced budgets to ensure the safety of mankind as well as infrastructure. Treading the same trend, Middle ...

RITIKA SHARMA / EMIRATES BUSINESS Cyber threats constitute some of the major challenges that aviation and aerospace industry is facing globally. Industry experts put emphasis upon dealing with them by adopting a cutting-edge scientific outlook. “Aviation industry has seen so many transformations in the past few decades. Last few years have seen a fast progression in terms of cyber threats ...

Sunaina Rana / Emirates Business The UAE has been witnessing a growth in the sale of the solution-orientated products. Consumers have been focusing in on the style and personal well-being, leading to the premiumisation trend within the sector. The cosmetic market in the region continues to be at a rapid growth in 2016, considering the inclination of the youngsters towards ...

DUBAI / WAM The region’s largest and most anticipated consumer IT and electronics show, GITEX Shopper Spring 2016 is set to return next month with even more fantastic offers and exciting deals across the broadest range of consumer tech products to date. Shopper Smart Living also returns for its second year – a dedicated section offering visitors the chance to ...

Emirates Business Industry experts have declared the new property law will benefit Abu Dhabi’s real estate growth and have called for a measured response over the impact of the potential oil output freeze. The effect of the recently implemented Regulation of Real Estate Sector in Abu Dhabi (the Property Law) on financing and mortgage enforcement will be one of the ...

Women in the UAE have come a long way beyond expectations. They have made their mark in all the fields from flying aircraft, giving away court decisions and forming policies to spearheading businesses and proving that they are no less than their male counterparts. Women have played a major role in shaping the economy of this young nation. According to ...

Emirates Business The Gulf Petrochemicals and Chemicals Association (GPCA) celebrated its 10th anniversary last week, marking a decade of networking, thought leadership and advocacy for the downstream hydrocarbons industry in the Arabian Gulf. Since the inception of the association in 2006, the GCC’s petrochemical capacity has more than doubled from 65.8 million tons, to 142.5 million tons in 2015. The ...

Bloomberg Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,” Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning demand for power, steel, and coal. Here’s one area where the two countries could scarcely be more ...

Bloomberg Just as Moody’s Investors Service warns of the strain on China’s finances of debt among state-owned enterprises, the companies are loading up on record overseas loans to buy assets around the world. China National Chemical Corp., or ChemChina, got $50 billion in such financing for its $43 billion purchase of Swiss pesticides producer Syngenta AG, including $35 billion that’s ...