News

Bloomberg Turkish stocks declined the most in the world and the lira slid after an eruption of violence on the border with Syria triggered concern security risks were escalating. The Borsa Istanbul 100 Index fell 1.5 percent, the most among more than 90 gauges tracked globally by Bloomberg. The currency had the biggest decline in a week as Turkish artillery ...

Tokyo / AFP Japan’s economy contracted in the last quarter of 2015, official data showed on Monday, dealing another blow to Prime Minister Shinzo Abe’s faltering bid to boost growth. The figures will fan talk of fresh Bank of Japan measures, after policymakers shocked markets last month with an unprecedented negative interest rate policy—widely seen as a desperate move to ...

Bloomberg Poland’s new leaders are eroding the country’s democratic record through laws that give the government new powers, three US senators said in a letter to Prime Minister Beata Szydlo. The dispatch by Senators John McCain, Benjamin Cardin and Richard Durbin follows an unprecedented move by the European Union’s executive last month to start a probe into whether rule of ...

PYONGYANG / AP The United States and Japan have already announced plans for new sanctions over North Korea’s recent nuclear test and rocket launch, and the UN Security Council is likely to deliver more soon. Cross-border tensions with Seoul are escalating quickly and even China is starting to sound more like an angry neighbour than a comrade-in-arms. But with a ...

Bloomberg Democrats pushed for Congress to vote upon a Supreme Court nominee from President Barack Obama, sharpening a fight with Republican leaders who said they won’t consider a replacement for Justice Antonin Scalia until after the 2016 election. Presidential candidate Hillary Clinton, in a Twitter message, said Obama will occupy the White House until January. “It’s his job to nominate ...

DUBAI / WAM H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday attended the inaugural session of the 7th International Conference on Drug Discovery and Therapy (ICDDT) and 4th Biotechnology World Congress, BWC, at the College of Medicine and Health Sciences, University of Sharjah. Held under the patronage of H.H. the Ruler ...

DUBAI / Emirates Business His Excellency Humaid Al Qatami, Chairman of the Board and Director-General of the Dubai Health Authority (DHA) highlighted that the private sector is a key partner in the development of the health sector. Al Qatami said that DHA is keen to provide further investment opportunities in the medical sector with an aim to further strengthen and ...

ADEN / WAM Yemen’s Armed Forces General Staff mourned the martyrdom of Emirati martyr, Juma Abdullah Hassan Al Shamsi, who fell on Sunday morning while on the national duty, participating in the Arab coalition forces’ Restoring Hope Operation in Yemen. In a statement, the Yemen’s Armed Forces General Staff said that the people of Yemen would never forget the UAE ...

ABU DHABI/ WAM Saqr bin Ghobash Saeed Ghobash, Minister of Human Resources and Emiratisation, has met with Dr. Ruba Jaradat, Assistant Director-General and Regional Director for Arab States of the International Labour Organisation, ILO, to promote co-operation between the UAE and the organisation. During the meeting, which was held at the Ministry in Abu Dhabi, the two sides discussed their ...

Abu Dhabi / EMIRATES BUSINESS The inaugural Middle East Aviation Careers Conference and Exhibition (MEAC), will be held on the March 8-10 March, in parallel with Abu Dhabi Air Expo 2016. Anyone interested in a career in the aviation or aerospace sectors will be able to get an overview of the exciting opportunities to look out for in these industries over ...