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Strategic partners top priority for Dubai Airports 2017-2025 plan

  Dubai / WAM Strategic partners are on top of Dubai Airports priorities regarding its strategic plan 2017-2025 to achieve their aspirations of making Dubai International Airport an international model in service and satisfying customers in compliance with the UAE government’s directives, said Majed Al Joker, Senior Vice President of Dubai Airports for Corporate Assurance and Governance. Al Joker praised the ...

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Future belongs to those who effect radical changes: Hamdan

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees at Dubai Future Foundation, met the heads of Dubai government entities to discuss next steps for Dubai 10X initiative launched by Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum ...

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SCTDA showcases Sharjah’s biz potential at India trade show

  Sharjah / Emirates Business The Sharjah Commerce and Tourism Development Authority (SCTDA) is leading a delegation of Sharjah-based tourism and hospitality organisations to the 23rd edition of the SATTE travel trade show, taking place in Pragati Maidan, New Delhi, India, from February 15-17. This marks the Authority’s first participation in the SATTE exhibition. SATTE is South Asia’s largest travel ...

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Putin more aggressive to NATO since Trump win, says Estonia

  Bloomberg Russia is testing NATO’s willingness to respond to provocation ahead of an expected meeting between President Vladimir Putin and his US counterpart Donald Trump, according to Estonian Defense Minister Margus Tsahkna. Russia’s build-up of forces and violations of international law, including in Ukraine, show the need for members of the North Atlantic Treaty Organization to increase spending on ...

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Carmakers’ plea for fuel economy review sets stage for showdown

  Bloomberg Automakers enjoying lucrative sales of trucks and sport utility vehicles are hoping President Donald Trump makes good on his vows to deregulate. Environmental groups are saying fuel efficiency standards won’t be watered down without a legal challenge. “We’ll see him in court,” Dan Becker, director of the Safe Climate Campaign, said of the group’s planned response if the ...

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British blue chips snub investor calls to reveal CEO pay ratios

  Bloomberg Some of Britain’s biggest companies are bucking calls to reveal more data about executive pay, risking a fresh rift with major investors who are urging the government to combat ballooning wage inequality. Four of the 16 FTSE 100 companies that responded to a Bloomberg survey — GlaxoSmithKline, AstraZeneca, Aviva and Anglo American — said they won’t publish a ...

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China flexes muscles in commodities trading

  Bloomberg China’s stepping up its campaign for greater clout in global commodities trading. The Asian nation’s state-run Sinochem Group is said to be in early talks to become a strategic investor in embattled commodities trader Noble Group Ltd. A potential deal could give the Chinese oil and chemicals behemoth access to Noble’s trading expertise and businesses around the world, ...

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Sleepless nights costing Japan’s economy billions each year

  Bloomberg Sleep deprivation is doing more harm in Japan than just making people grumpy and unhealthy. It is also holding back the world’s third-largest economy. The problem has been getting worse in recent years. Nearly half of full-time workers say they don’t get enough sleep, citing long overtime hours as a primary reason, according to a government white paper ...

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Strong consumer spending spurs Malaysia’s growth

  Bloomberg Malaysia’s economy grew at the fastest pace in a year last quarter, as stronger consumer spending and an export recovery helped counter falling government expenditure. Gross domestic product rose 4.5 percent last quarter from a year earlier, Bank Negara Malaysia said in an e-mailed statement on Thursday. The median estimate of 18 economists surveyed by Bloomberg was 4.4 ...

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Apple struggles to make bigger deals, hampering strategy shifts

  Bloomberg “We are always looking at acquisitions,” Apple Inc. Chief Executive Officer Tim Cook told analysts last month. “There’s not a size that we would not do.” It’s a message he’s increasingly stressed over the past year as investors question how the world’s most valuable technology company plans to use its $246 billion cash pile to meet ambitious sales ...

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