DUBAI / Emirates Business A novel strategy — the agglomeration business model — can help SMEs in the UAE and the GCC region to grow their businesses on a fast-track basis, according to an expert. Callum Laing, a Singapore-based entrepreneur and author who successfully deployed the business model along with his partners in Singapore, will reach Dubai by the ...
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Hala Abu Dhabi confirmed for Sir Bani Yas Island cruise launch
Emirates Business Hala Abu Dhabi, the destination management company of the Etihad Aviation Group (EAG), has been selected as the exclusive shore excursions and activities provider for Sir Bani Yas Island and Beach Oasis, the latest cruise destination stop in the UAE for the 2016/2017 season. The announcement was made at the Seatrade Cruise Med conference, being held between ...
Read More »USA toy industry bets on Pokemon Go for holiday sales
Bloomberg Coming off its best Christmas in years, the US toy industry is wagering that the Pokemon Go craze will command a lot of space on kids’ wish lists. Pokemon-branded video games from Nintendo Co. and a plush Pikachu character that wiggles its ears from Tomy Co. highlight the Toy Insider’s Hot 20 list, an industry publication’s best guess ...
Read More »VW balks at compensation as EU caves in showdown meeting
Bloomberg Volkswagen AG offered no hint of concessions after a meeting with European Union regulators over demands the company provide compensation to the bloc’s consumers hit by the diesel emissions scandal. VW will carry out an “EU-wide action plan†to inform customers and repair the vehicles, EU Justice and Consumer Affairs Commissioner Vera Jourova said after meeting with Francisco ...
Read More »MoE showcases trade, investment strengths at China-Eurasia Expo
Abu Dhabi / Emirates Business HE Abdullah Bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade and Industry, has emphasized the UAE’s role as a major trade gateway for Chinese businesses and investments coming into the region and expanding towards various European and African markets. He pointed out the solid economic relations with China, which ...
Read More »Azizi Developments unveils AED250mn project in Dubai
Dubai / Emirates Business Azizi Developments, a leading UAE-based real estate developer with a reach into multiple international markets, has announced its plans for its newest project, Azizi Shaista Residence—a modern, urban-luxury development located in the bustling and highly-accessible Al Furjan neighbourhood in Dubai. The property adds to Azizi Developments’ already impressive portfolio, with the developer currently involved in ...
Read More »Raids shake Aleppo as peace efforts falter
Aleppo / AFP Intense air raids shook Syria’s Aleppo on Wednesday as increasing tensions between Moscow and Washington poisoned efforts to revive a failed ceasefire. The UN Security Council is meeting for talks on salvaging the truce — which collapsed on Monday after only a week — but the mood was likely to be tense after the United States ...
Read More »Sarkozy, Juppe seek nomination that could decide French election
PARIS / AFP France’s presidential race started in earnest on Wednesday as seven rightwing candidates including ex-president Nicolas Sarkozy were confirmed to contest a November primary, with the nominee seen as the likely winner of next year’s election. The stakes are high with polls showing that the winner of a duel between the two leading candidates from the Republicans ...
Read More »â€˜Philippines’ crime war a risk for economy’
Manila / AFP President Rodrigo Duterte’s deadly war on crime is threatening the Philippines’ economy and endangering its democratic institutions, international credit rating agency Standard and Poor’s warned on Wednesday. S&P maintained its stable outlook for the Philippines, but highlighted a range of “weaknesses†under the new Duterte administration that also included his foreign policy and national security statements. ...
Read More »Samsung suffers backlash over smartphone response in China
Beijing / AP Liu Jingtang was a Samsung loyalist. The Shanghai technology consultant traded up steadily through its smartphones to the new Note 7. But Liu’s devotion was shaken by the Korean tech giant’s confusing response to its latest product safety scare. Liu, 32, said Samsung Electronics quickly confirmed his Note 7 wasn’t covered by a recall announced last ...
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