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  Dubai / Emirates Business Dubai has once again mesmerised the world with a magnificent New Year’s Eve fireworks spectacle by Emaar Properties, bidding farewell to 2016 and welcoming in 2017 in resplendent style. Hundreds of thousands of spectators from all over the world joined the celebrations in Downtown Dubai, Emaar’s mega-development in the heart of the city, centred around ...

  WASHINGTON / AFP Huawei Technologies Co. pledged to overhaul its culture and rethink the way it conducts business, expecting global uncertainty to mount in 2017 after sales growth slowed. China’s largest telecommunications equipment maker expects a 32 percent rise in revenue to 520 billion yuan ($75 billion) in 2016, rotating Chief Executive Officer Eric Xu said. That’s down from ...

  Bloomberg Apple Inc. wants India to offer tax concessions on iPhones that the company plans to manufacture in the country, a person with knowledge of the matter said. The company wrote to the industry ministry last month seeking lower import and manufacturing duties, the person said, asking not to be identified citing rules on speaking to the media. The ...

  Bloomberg Trade Minister Chrystia Freeland says Canada will seek to build on its EU trade deal within the UK once Brexit occurs, rather than striking a separate bilateral pact. The Canada-EU Comprehensive Economic and Trade Agreement is set to go into force provisionally in early 2017, about the same time the UK only begins official talks to exit the ...

  Bloomberg Electricity prices from Boston to Dallas sank to their lowest levels ever in 2016, presenting new challenges for generators more than a decade after the industry was deregulated. Power prices plunged this year as cheap natural gas cut fuel costs, and wind and solar alternatives came online. Consumers also used less electricity for the second straight year, despite ...

  Dubai / Emirates Business Azizi Developments – a leading UAE-based real estate developer with global reach into international markets – met with the Dubai Land Department on Thursday, following their recent announcement of 50 new projects for the coming year. The developer discussed Dubai’s economic situation, the current market conditions and predictions for the upcoming year as well as ...

  DUBAI / Emirates Business Dulsco, a regional leader in human resource solutions and waste management services, and Port of Fujairah jointly hosted a training session on ‘Safety Leadership’ for industry professionals across UAE. This is along the sidelines that UAE strictly follows international safety standards within the industrial and manufacturing sector and its endeavour for zero incidences at any ...

  Dubai / Emirates Business Messe Frankfurt Middle East has rounded off another prosperous year in 2016, reporting robust growth across its event portfolio as it expanded into new markets and industry sectors. The Dubai-based trade fair organiser’s nine exhibitions combined featured 6,000 exhibitors from 60 countries in 2016, six per cent more than 2015, and representing a compound annual ...

  Dubai / WAM Dubai Municipality recently launched the international star system for rating services, encouraging the provision of quality services and measuring the levels of customer happiness using scientific methods. Hussain Nasser Lootah, Director-General of Dubai Municipality, said that the adoption of the initiative aims to improve the work mechanism of service provision, and raise the competitive level of public ...

  Moscow / AFP Russia President Vladimir Putin on Thursday announced a nationwide ceasefire deal to come into effect across Syria from midnight and that the warring parties had agreed to sit down for peace talks. The deal brokered by Russia and Turkey could represent a major breakthrough in nearly six years of war in Syria and comes a week after ...