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London / Bloomberg U.K. house prices rose for an eighth month in February as rental investors rushed to purchase homes before a tax increase, Nationwide Building Society said. The average price of a home climbed 0.3 percent from January to 196,930 pounds ($277,000), the lender said in a statement on Thursday. The annual rate of growth accelerated to 4.8 percent ...

Abu Dhabi / WAM The United Arab Emirates, under the wise leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has strongly believed in the importance of its human resources in all fields, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said on Wednesday. ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, on Wednesday visited the 41st Middle East Electricity Exhibition, which is being held at the Dubai World Trade Centre. His Highness Sheikh Mohammed toured the exhibition, in which nearly 1,500 companies from 56 countries, including the UAE, are participating, to ...

Dubai / Emirates Business The Global Financial Markets Forum organized by National Bank of Abu Dhabi (NBAD) kicked off in Abu Dhabi on Wednesday. Several national and international policy makers, asset managers, sovereign wealth funds and bankers talked about regional and global financial trends, especially in the banking and capital markets sector. Speaking at the event, HE Sheikh Nahyan bin ...

Bloomberg Democrat Hillary Clinton and Republican Donald Trump emerged from Super Tuesday as the odds-on favourites to capture their parties’ presidential nominations, setting up a White House showdown between a longtime political stalwart and an electoral novice whose candidacy has rocked the Republican party. The pair each won seven states on their way to commanding victories yesterday, as Clinton used ...

Manila / AP A Philippine official said on Wednesday that he recently spotted five suspected Chinese coast guard and navy ships at a disputed atoll in the South China Sea and fears Beijing will take control of another area frequented by Filipino, Vietnamese and Malaysian fishermen. Mayor Eugenio Bito-onon Jr., who heads a Philippine-claimed region in the disputed Spratly Islands, ...

NEW YORK / Bloomberg Ford Motor Co., Fiat Chrysler Automobiles NV and Honda Motor Co. led automakers as the U.S. posted the best February sales since 2000, with buyers taking advantage of cheap gasoline, low interest rates and Presidents Day deals. The results bolstered prospects that the U.S. could see another record year for vehicle sales, a bright spot in ...

BAGHDAD / AP Iraqi officials hailed on Wednesday the progress achieved by government troops on the second day of a military operation aimed at dislodging IS militants from a key area north of the capital, Baghdad. On Tuesday, Iraqi troops, backed by aerial support and paramilitary forces, launched a new push to retake a sprawling desert area outside the central ...

Jalalabad / AFP Gunfire and an explosion echoed on Wednesday as militants attacked India’s consulate in the eastern Afghan city of Jalalabad, killing three people in the latest in a string of assaults on Indian installations in the country. No group has so far claimed the brazen attack, which coincided with a NATO change-of-command ceremony that saw US army general ...

ALKESH SHARMA / Emirates Business Credit cards could be alluring but at the same they could also land you in soup if not used wisely. UAE is known globally for the wide circulation of plastic money and penchant of its residents of using credit cards. A recent report stated over 50 percent of UAE residents prefers using credit card mechanism ...