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Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council has attended the launch of the second edition of the Dubai Pulse Report. The report titled ‘Competitiveness and Resilience in a Changing World’ was prepared by the Executive Council of Dubai. HH Sheikh Ahmed bin Saeed Al ...

Dubai / WAM The Ministry of Finance (MoF), organised an introductory workshop on the ministry’s automated revenue matching system for employees from ministries and federal entities in Dubai. The workshop, which was attended by representatives of ministries and federal entities as well as a number of officials and directors of the departments in the ministry, aimed to explain the mechanism ...

Dubai / Emirates Business The UAE has the second highest net perception of service improvement over the past two years globally and ranks first in terms of the highest levels of satisfaction for services in comparison to the private sector, with 39.5% more UAE citizens using these services more often according to The Boston Consulting Group’s (BCG) 2016 Digital Government ...

Abu Dhabi / Emirates Business Hilton on Monday announced that Hilton Abu Dhabi Yas Island Resort will be part of the AED12 billion development plan announced by Miral for the southern end of Yas Island, in efforts to further position the island among the world’s most sought-after destinations by 2022. B.R. Kiran, Chief Portfolio Officer of Miral said: “We are ...

Bloomberg China’s Yanzhou Coal Mining Co. is holding fire on a counter offer for Rio Tinto Group’s Australian coal assets as it waits to hear whether Glencore Plc has succeeded in trumping the deal it struck six months ago. Glencore Chief Executive Officer Ivan Glasenberg has submitted a proposal to buy Rio’s Coal & Allied unit in New South Wales ...

Bloomberg China and Singapore pledged to cooperate on trade and regional infrastructure projects, in a sign the countries have begun to repair ties strained amid security disputes in Southeast Asia. Chinese Foreign Minister Wang Yi and Singaporean counterpart Vivian Balakrishnan said on Monday in a briefing in Beijing they reached agreement to work more closely on China’s “Belt and Road” ...

Bloomberg India’s judiciary must consider the interests of the economy and examine the impact of its verdicts on jobs, the country’s top court said in a judgment that could help reduce stalled projects in Asia’s third-largest economy. “The court needs to avoid that particular outcome which has a potential to create an adverse affect on employment, growth of infrastructure or ...

Bloomberg President Emmanuel Macron expanded his control of French politics as voters put his party on track to a sweeping majority in the National Assembly in the first round of legislative elections, ousting establishment stalwarts in the process. The new president’s year-old party, Republic on the Move, won 32.3 percent of the vote alongside its centrist ally MoDem, more than ...

Bloomberg After the shock comes the silver lining. Most business leaders are dismayed at the political chaos unleashed by the UK election, which left a damaged Prime Minister Theresa May trying to forge a shaky coalition government. But some are quietly hoping that it may lead to softer terms for the country’s exit from the European Union. UK Plc was ...

Bloomberg Canada’s labor market continued surprising in May, with a greater-than-expected 54,500 jobs gain that also finally came with signs of a pick-up in wages. The employment gain — the third biggest one-month increase in the past five years — was driven by the addition of 77,000 new full-time jobs, which offset falling part-time employment. Economists had forecast a 15,000 ...