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40 Syrians die in Turkish shelling

  Beirut / AFP Turkish shelling and air strikes killed at least 40 Syrians on Sunday, a monitor said, in the first significant civilian casualties in Turkey’s intensifying campaign in northern Syria. Turkey’s state-run Anadolu news agency said the army had killed 25 Kurdish “terrorists” in air strikes as part of its unprecedented operation inside Syria. The bombardments came after Ankara ...

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Summer campaign gives Sharjah tourism a boost

  Dubai / Emirates Business Sharjah Commerce and Tourism Development Authority (SCTDA) said that this year’s international summer campaign had a positive effect on the tourist numbers in the Emirate. The SCTDA campaign which ran in collaboration with the emirates accommodation sector was run in parallel with the Sharjah Chamber of Commerce and Industry’s summer campaign which promoted the commerce ...

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Majority of UAE professionals prefer to be own bosses

  Dubai / Emirates Business Entrepreneurship is a source of economic growth in all parts of the world, and in many Middle Eastern countries it is one of the main economic drivers. Bayt.com, the Middle East’s leading job site, teamed up with YouGov, a pioneer in online market research, to ascertain the current levels of understanding and interest in entrepreneurship ...

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India to seek $15bn to double mining output

  Bloomberg India expects to woo 1 trillion rupees ($15 billion) of investment over five years to double mining output and cut mineral imports. The government’s goal is to fast-track exploration, including upfront payments for discovered deposits when the mines are auctioned, Mines Minister Piyush Goyal said in an interview. The administration will invite foreign companies to participate, he said, ...

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China turns to free markets to tame fossil-fuel pollution

  Bloomberg There are at least three good reasons why China is likely to succeed in starting the world’s biggest carbon-trading market when its efforts to limit pollution kick in next year. The government wants to put a cost on emissions of toxic smog to control pollution in industrial cities, starting with Beijing. The market may trade as much as ...

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Germany warns UK that Brexit talks will be very difficult

  Bloomberg German Deputy Foreign Minister Michael Roth warned that the U.K.’s negotiations to leave the European Union “will be very difficult” and that Britain won’t be allowed to “cherry pick” the best that the bloc has to offer. “If the British want full market access but want to limit the access of workers from Germany, France or Poland, they ...

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Obama presses Congress for Zika funding as worries grow

  Bloomberg US President Barack Obama called on Congress on Saturday to step up funding to combat the Zika virus, warning that delay is putting more Americans at risk. Obama’s latest appeal, in his weekly radio address, came the day after the US authorities expressed deepening worry about the spread of the mosquito-borne virus, urging that all donated blood be ...

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Khalifa Port announces major expansion plan

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of the Emirate’s ports and Khalifa Industrial Zone, on Saturday announced a major expansion plan in Khalifa Port. The expansion at Khalifa Port, one of the world’s fastest growing container, bulk cargo and roll-on roll-off vehicle transport ports, will add 1,000 metres of quay wall ...

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DEWA publishes ‘Sustainability Report’

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) published its third annual Sustainability Report 2015, as part of its strategy to enhance the competitiveness of the Emirate by transforming Dubai into a global hub for sustainable and green economy. “We are working to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ...

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MoF hosts ‘Woman and Innovation’ forum

  Abu Dhabi / WAM In line with national celebrations of Emirati Women’s Day, the Ministry of Finance (MoF) organised a forum titled “Woman and Innovation”, at its premises in Dubai. The forum aimed to highlight the country and the Ministry’s efforts to promote women’s empowerment across different fields. This commitment has led to the launch of a number of projects, ...

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