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Driverless cars rolled out on British streets

  Milton Keynes / AFP Driverless vehicles carrying passengers took to Britain’s streets for the first time on Tuesday in a landmark trial which could pave the way for their introduction across the country. The compact two-seater cars trundled along a pedestrianised zone in Milton Keynes, north of London, in a trial by Transport Systems Catapult (TSC) which plans to ...

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Russian jets resume heavy bombing on Syria’s Aleppo

  Aleppo / AFP Regime ally Russia carried out its heaviest strikes in days on Syria’s Aleppo on Tuesday, as at least five children were killed in rebel fire on a school in the war-torn country’s south. The raids in Aleppo killed at least 12 civilians, a monitor said, and caused massive damage in several residential areas of the city’s ...

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Dubai private sector scales up the business ladder

  DUBAI / Emirates Business Private sector companies in Dubai experienced another strong improvement in business conditions during September. This was highlighted by the seasonally adjusted Emirates NBD Dubai Economy Tracker Index posting 55.1, down fractionally from 55.7 in August but still well above the 50.0 no-change threshold. On average in the third quarter of 2016, the headline index signalled ...

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Spotlight on worker safety and health

  Dubai / Emirates Business A majority of the accidents in the workplace are caused due to either a poorly trained or supervised workforce or badly-equipped workers, according to a senior Dubai Municipality official, who was speaking at the recent BOHS Worker Health Protection Conference held in Abu Dhabi recently. Raed Al Marzouqi, Head of Occupational Health and Safety at ...

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ADIPEC to attract 100,000 oil, gas experts

  Dubai / Emirates Business World energy leaders, government officials, decision makers, and more than 100,000 oil and gas trade professionals from 125 countries are gearing up to attend the world’s most influential event for the oil and gas industry, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016). Preparations are underway as the UAE capital prepares to welcome ...

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DAMAC Properties launches new waterfront hotel apartments in Burj

  Dubai / Emirates Business DAMAC Properties on Monday announced the new release of units in DAMAC Maison Privé, waterfront hotel apartments in the Burj area with direct views of Business Bay’s marina. The leading luxury real estate developer is providing the opportunity for investors to own a luxury hotel apartment with superior services, presenting both an ideal vacation home ...

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Abu Dhabi e-Govt to showcase digital innovations at GITEX

  Abu Dhabi / Emirates Business Abu Dhabi e-Government, through the participation of 21 government entities, is preparing to showcase its array of digital achievements and innovations at the GITEX Technology Week 2016 that will be held at the Dubai World Trade Centre (DWTC), from October 16-20. Abu Dhabi e-Government’s fifth consecutive participation at GITEX is organised by Abu Dhabi ...

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SAM, Apleona sign joint venture pact

  Sharjah / WAM Sharjah Asset Management (SAM), the investment arm of the Government of Sharjah, and Apleona (formerly Bilfinger Facility Management and Building Services), today signed a joint venture agreement for a new world class facilities management company. The joint venture, facilitated by Waleed Al Sayegh, CEO of SAM, and Dr. Gert Riegel, COO of Apleona Facility Management, Frankfurt, is ...

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UK immigration plans would harm economy, warn biz chiefs

  Bloomberg UK government proposals to make companies list their foreign workers would harm the economy because they are “anti-business and dangerously naive,” more than 100 leaders of small and medium-sized businesses said in a letter to the Daily Telegraph newspaper. “The ability to hire both British and non-British people has historically helped business grow by bringing in varied skills ...

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Contract theory earns pair Nobel Economics Prize

  Stockholm / AFP British-American economist Oliver Hart and Bengt Holmstrom of Finland on Monday won the Nobel Economics Prize for their work on contract theory, the jury said. “This year’s laureates have developed contract theory, a comprehensive framework for analysing many diverse issues in contractual design, like performance-based pay for top executives, deductibles and co-pays in insurance, and the ...

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