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  Dubai / Emirates Business The Dubai Airport Freezone Authority (DAFZA) discussed ways to develop mutual economic cooperation with the Spanish Business Council in order to enable Spanish companies to benefit from the available growth potentials at the Freezone, which provides an ideal gateway to the emerging markets in the Middle East, North Africa and South Asian regions (MENASA). This ...

  Abu Dhabi / Emirates Business Panasonic Avionics (Panasonic) and Yahsat on Wednesday announced the signing of a Memorandum of Understanding (MOU) to explore new ways to offer a broadband connectivity solution serving several mobility markets in the Middle East within the next three to five years. In addition, while final terms are still being negotiated, the MOU allows both ...

  Dubai / Emirates Business Promoting Dubai’s competitive business environment in the Russian market, the Dubai Chamber of Commerce and Industry’s international office in Azerbaijan recently participated in Innoprom 2016, which is the main International Industrial trade fair held in Ekaterinburg and is attended by over 48,000 visitors and 600 participating companies from more than 95 countries of the world. ...

  DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...

    Emirates Business A Dubai Cares delegation led by Chief Executive Officer, Tariq Al Gurg visited Ethiopia for the closing of Dubai Cares’ Home Grown School Feeding (HGSF) program. The program, launched in September 2015, is a component of the philanthropic organization’s wider Enhanced School Health Initiative (ESHI) pilot program that is being implemented by the World Food Program ...

  Brussels / AFP NATO said on Wednesday Turkey’s membership of the military alliance is “not in question” following the failed coup in July and stressed its “very clear position” of continued support for Ankara. “Turkey’s NATO membership is not in question,” spokeswoman Oana Lungescu said in a statement issued in response to “speculative press reports”. “NATO counts on the ...

  Berlin / AFP Germany’s Interior Minister Thomas de Maiziere is preparing to unveil a slew of new anti-terror measures, reports said on Wednesday, after two attacks in July claimed by the IS extremist group. The new measures to be announced Thursday include speeding up the expulsion process for asylum seekers convicted of crimes, Bild daily reported, quoting anonymous security ...

  Bloomberg EON SE posted a first-half loss after taking 3.8 billion euros ($4.2 billion) in charges linked to the listing next month of its Uniper unit. Its shares slumped the most in more than six weeks. The impairments and contingency losses for its power stations burning fossil-fuel and natural gas storage assets led to a net loss of 3.03 ...

  Bloomberg As loss-laden power distribution companies delay millions of dollars in payments for clean-energy capacity, India is looking to create a dedicated green energy trading platform in a bid to give the renewable sector more selling options. The country’s largest power exchange, Indian Energy Exchange Ltd., is looking to roll out a dedicated platform for the trade of clean ...

  Bloomberg China’s imports of corn and feed grains are set to slump after the government increased the amount auctioned from state reserves and domestic prices dropped to a decade low, according to analysts. The government is offering about 7.9 million metric tons of corn from its stockpiles for a third week. That compares with 6 million tons offered in ...