Uncategorized

  HANNOVER / AP President Barack Obama on Monday announced the deployment to Syria of an additional 250 US special operations forces to assist local troops who are trying to dislodge IS extremists, significantly broadening the American presence in the war-torn country. The move will bring the number of personnel to roughly 300, up from about 50 special operations forces ...

  DUBAI / WAM Arabian Travel Market (ATM) 2016, the region’s leading travel industry showcase, opens its doors on Monday for four days of business networking opportunities, insightful seminar sessions, leadership forums, and recognition of 12 months of industry achievement. Now in its 23rd year, the 2016 edition, which takes place at the Dubai International Convention & Exhibition Centre from ...

  Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Law No (4) of 2016 on the Dubai Economic Security Centre. The Centre aims to maintain Dubai’s position as a global financial and economic hub, ensure its financial stability and protect its investments ...

  Dubai / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Sunday reported its financial results for the first quarter ending March 31. Mashreq’s CEO, AbdulAziz Al Ghurair, said: “Given the challenging market conditions, Mashreq has approached the 2016 fiscal year with a pragmatic outlook. We responded quickly to the early signs of the market ...

  Sunaina Rana / Emirates Business Increasing role of social media sites in the domain of recruitments has been phenomenal. Considering the immense scope that the technology sector could open in the field of hiring, UAE-based organisations are putting much emphasis on refurbishing their online activities. While focussing on the role of technology in HR departments, delegates would primarily focus ...

  Beijing / AFP Electric cars have their highest-profile prophet in US-based entrepreneur Elon Musk and their widest adoption in Norway, but China’s vast auto market will decide their worldwide future, experts say. Top global brands will be fighting it out to electrify buyers at China’s premier car show opening on Monday in Beijing. The country is already the world’s ...

  AERZEN, Germany / AP President Barack Obama, began a visit on Sunday to Germany, hoping to build momentum for a U.S.-Europe trade deal that has become a tough sell, particularly in Germany. Other issues were on the agenda for talks with German Chancellor Angela Merkel, including efforts to counter the extremist IS group, improve cooperation on counterterrorism, and encourage ...

  Paris / AFP France’s energy giant EDF will give the final green light to the controversial construction of two nuclear reactors at Hinkley Point in Britain in September, Economy Minister Emmanuel Macron said on Sunday. French President Francois Hollande “has confirmed France’s engagement” in the project, and “the final decision on investment could be confirmed in September”, Macron said in ...

  AFP Persistent worries about the global economy and the possibility of Brexit — Britain’s pullout from the European Union — will probably keep the Federal Reserve on hold this week as it reviews interest rates. The policy-setting Federal Open Market Committee will also be buying time to be sure the US economy picks up from a modest first-quarter slowdown ...

SANAA / AP Hundreds of Yemeni troops loyal to the internationally recognized president have launched an operation to drive Al Qaida and IS fighters out of southern coastal areas the extremists have seized amid the country’s complex civil war, security officials said on Sunday. They said the forces loyal to President Abed Rabbo Mansour Hadi are receiving air support from ...