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  Dubai / Emirates Business Travel trade professionals from across the world’s hospitality industry will descend upon Dubai on Monday for the opening of Arabian Travel Market (ATM) 2017, the region’s leading travel industry showcase. Simon Press, Senior Exhibition Director, ATM, said: “We have visitors registered from all corners of the globe and all facets of the hospitality industry for ...

  Sharjah / Emirates Business An impressive 110,000 people from around the region have stepped through the doors of the Expo Centre Sharjah during the first four action-packed days of the Sharjah Children’s Reading Festival (SCRF). The enormous variety of interactive activities, seminars, workshops and debates is drawing hoards of families and schoolchildren as well as renowned authors, historians, researchers ...

  Sharjah / Emirates Business Celebrating Russia’s culture of literary genius and the outstanding titles that have enriched world literature, representatives from the Russian section of the International Board on Books for Young People (IBBY) have attended the Sharjah Children’s Reading Festival 2017 (SCRF) as the UAE Board on Books for Young People’s Guests of Honour. Russian representatives showcased and ...

  Bloomberg Samsung BioLogics Co., an arm of South Korea’s biggest conglomerate, said it is in negotiations to manufacture drugs for more than 15 international pharmaceutical companies as it tries to expand in the growing industry for complex biologic medicines. The talks mostly involve US and European firms, Chief Executive Officer Kim Tae-han said in an April 19 interview at ...

  Bloomberg China should open up its services sector to ease trade tensions with the US and bolster global trade, according to a senior official from the International Monetary Fund. The medical, health, legal and financial services sectors are among areas that could be liberalized, Changyong Rhee, the Asia-Pacific director at the IMF, said in an interview at a gathering ...

  Bloomberg US President Donald Trump’s plan to upgrade the nation’s roads, ports and bridges will drive demand for steel and support iron ore prices, Australia’s Finance Minister Mathias Cormann said. “The US and the Trump administration has put out a very ambitious infrastructure investment program” and the steel will have to come from somewhere, Cormann said in an interview ...

  Bloomberg Britons’ confidence in the housing market stayed near a three-year low in March as sentiment toward the economic outlook soured, according to Halifax. An index of home-value expectations climbed to 44 from 42 in October, when Brexit pushed it down by a record to its lowest level since June 2013, the lender said. Fifty-eight percent of respondents predict ...

  Bloomberg After almost three years of booming health-care dealmaking in the US, 2017 is off to a slow start. Pharmaceutical and biotech acquisitions totaled $44 billion last quarter, down 13 percent from a year earlier, and 35 percent below the first quarter of 2015, according to data compiled by Bloomberg. And exchange-traded funds, a good indicator of investors’ appetite ...

  Bloomberg Central and eastern Europe has long been considered a relatively cheap manufacturing hub to make sophisticated products like cars and electronics goods at a fraction of what it would cost in the West. Accelerating salary growth may now be changing that perception. Average nominal wages rose 10.7 percent in Hungary in February from a year ago, the most ...

  Dubai / WAM Dubai Crown Prince and Chairman of Dubai Executive Council HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum inaugurated the permanent headquarters of “City Makers” on Thursday, a subsidiary of the General Secretariat of the Executive Council of Dubai, located at Alserkal Avenue in AlQuz area in Dubai. “City Makers” aims to design the journey of the ...