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  Abu Dhabi / Emirates Business Abu Dhabi Art 2016 will continue to present a variety of offerings to the public at Manarat Al Saadiyat, inspiring visitors with intellectual discussions and live performances as part of a diverse arts programme taking place from November 16-19. Held under the patronage of HH Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of ...

  Aleppo / AFP Syrian government and Russian warplanes pounded rebel-held parts of northern Syria on Wednesday, including battered second city Aleppo, where food aid rations were all-but-exhausted after months of regime siege. The renewed bombardment has killed at least 20 people, including nine children, in Aleppo alone in the last 24 hours, and sparked anger from the United States and ...

Athens/ AFP Globalisation has brought many economic benefits to the world but needs a “course correction” to address growing inequality, US President Barack Obama said on Wednesday on his European farewell tour. Obama spoke during a visit originally planned as a valedictory lap, but which has become focused on reassuring jittery allies after the shock election victory by Donald Trump, a ...

  Abu Dhabi / Emirates Business International Petroleum Investment Company (‘IPIC’ or ‘the Group’), wholly-owned by the Government of the Emirate of Abu Dhabi, recorded an operating profit of US$ 1.43 billion for the first half of 2016, with its core energy investments producing a robust performance despite the lower oil price environment. IPIC, which invests across the energy value ...

  DUBAI / Emirates Business The digital age has drastically altered how businesses market their products. Thanks to the meteoric rise of digital solutions, marketing has now emerged as a more powerful and a resource-rich function of business. Marketing, now more than ever, is the most integral function responsible for creating and sustaining an enduring relationship with the most important ...

  Bloomberg Shenhua Group Corp., China’s biggest coal producer, is seeking to limit sales of the fuel to end-users and choke off supplies to traders amid government pressure on the nation’s major miners to cool surging prices. The Beijing-based company has changed its thermal coal sales policy to limit how much trading companies can buy and allow some sales to ...

  Bloomberg Tencent Holdings Ltd. posted a 43 percent rise in third-quarter profit that only just missed expectations, as its consistent ability to attract Chinese gamers and social media mavens fueled advertising growth despite growing competition. Net income climbed to 10.6 billion yuan ($1.5 billion) in the three months ended September, the Shenzhen-based company said Wednesday. That compares with the ...

Äänekoski / AFP Nokia was once the motor of Finland’s economy, but since the demise of the company’s mobile phone business the Nordic country has struggled to find a new engine for growth. But after nine sluggish years and a three-year recession that ended in 2015, could Finland’s centuries-old, if unglamorous, forestry sector, hold the answer? A rare bit of ...

  Bloomberg The US has more gasoline than it knows what to do with. Exports have risen above imports for three consecutive weeks as recurring pipeline outages and higher production levels by refiners caused Gulf Coast inventories to grow. Typically a net importer of gasoline, the US has shipped a record amount of the motor fuel abroad and doesn’t show ...

  Sharjah / Emirates Business Hotels and hotel apartments across the Emirate of Sharjah welcomed a combined 1,318,748 guests in the first nine months of 2016 (January to September). The Sharjah Commerce and Tourism Development Authority (SCTDA) released the statistics as it took part in the World Travel Market (WTM) in London on November 7-9. The Authority headed a delegation ...