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DAMAC Properties rolls out AED13bn projects this year

  Dubai / Emirates Business DAMAC Properties on Monday announced it had launched ten major projects so far in 2016 with a combined value in excess of AED 13 billion. The announcement coincided with the first day of Cityscape Global 2016 taking place from September 6 – 8 at the Dubai World Trade Centre. The new range of projects announced ...

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DLD showcases realty experience at Cityscape Global

  Dubai / Emirates Business Dubai Land Department (DLD) announced its participation at Cityscape Global 2016, and will provide the visitors with the opportunity to live the real estate experience. During this event that is taking place on September 06-08 at Dubai World Trade Centre, visitors are getting to know more about the latest DLD’s services on its platform number ...

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String of bomb blasts hit across Syria, 48 killed

  Damascus / AFP A string of bomb attacks hit across mostly government-controlled areas of Syria on Monday, killing several dozen people including at least 35 in President Bashar Al-Assad’s coastal stronghold of Tartus, state media said. At least 48 people died in the multiple blasts, with dozens also wounded in the double bombing outside of Tartus city, which is home ...

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Britain’s May faces obstacles to post-EU trade goals

AFP New British leader Theresa May sought to start shaping her country’s post-EU access to world markets on Monday, but faced a Japanese warning over the fallout from Brexit and the US saying it was not its first priority. In the wake of its vote to leave the European Union, Britain must renegotiate its access to world markets, an issue ...

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Syria peace talks intrude as G20 tackles global economy

Hangzhou / AFP G20 leaders met on Monday under pressure to reboot the world economy, but a stumbling push for a Syria ceasefire and Asia’s heated territorial disputes intruded on the summit in Hangzhou. There had been hopes of a breakthrough in stemming the Syria conflict after the US said it was close to a deal with Russia. But frantic ...

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Global Grad Show to host cutting-edge tech

  Dubai / Emirates Business On its second year, the Global Grad Show is opening in Dubai from October 24-29 attracting an unprecedented number of student innovators exhibiting their unique designs. The show returns with 145 projects from 50 leading global universities, representing an almost three-fold increase in participation over last year and, for the first time, includes schools from ...

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Sharjah int’l book fair looks to a record-breaking year

  Dubai / Emirates Business The 35th edition of the Sharjah International Book Fair (SIBF), taking place from November 2-12 has announced that 2016 is set to be another record-breaking year. The organisers of the third largest book fair in the world have revealed that its total exhibition area for publishers has been already sold out, with two more months ...

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China carmakers vouch for foreign ownership cap

  Bloomberg China should keep the 50 percent cap on foreign ownership in local passenger-vehicle joint ventures for at least another five to eight years to ensure Chinese carmakers are ready for full-fledged competition, according to the state-backed auto association. The government can consider lifting the limit on different parts of the automotive industry according to their maturity, starting with ...

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Hanjin Shipping to seek asset stay orders in 43 nations

  Bloomberg South Korea’s financial regulator said Hanjin Shipping Co. will seek stay orders in 43 countries to protect its vessels from being seized, after its court receivership filing last week roiled companies’ supply chain before the year-end shopping season. Applications in 10 countries will be made this week and the remainder soon, the Financial Supervisory Commission said in a ...

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Cabinet approves National Space Policy

  Dubai / WAM The UAE cabinet on Sunday adopted the National Space Policy of the UAE, the most important element in the national plan to develop the space sector. The Space Policy is rudimentary for driving the entire sector forward within the framework of the UAE National Agenda, part of the UAE Vision 2021. The UAE is working towards a stable ...

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