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  Bloomberg As Kazakhstan’s leader celebrated his 76th birthday this week, the social bargain that’s underpinned his more than quarter-century in charge is crumbling. President Nursultan Nazarbayev’s plans to retool his nation for an era of low-cost crude are meeting resistance from protesters opposed to land reforms and, more recently, from religious radicals. The struggle to implement his overhaul is ...

  Bloomberg India’s steel consumption dropped in June for the first time in at least 15 months, as curbs on imports raised prices in the domestic market. Demand fell 4.3 percent to 6.8 million metric tons from a year ago, the first drop since at least April 2015, when the Steel Ministry began to publish monthly data. Steel output in ...

  Dubai / WAM Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, announced the launch of the Dubai Maritime Cluster Office, which is aimed to help support efforts directed in helping realise the objectives of the Dubai Maritime Sector Strategy (MSS) to make the emirate a leading global maritime ...

  Sharjah / Emirates Business The administration of Children’s Cancer Hospital Egypt in Cairo, the largest dedicated paediatric cancer hospital in the Arab region, praised the support it has received from Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, Founder and Royal Patron of the Friends of Cancer Patients (FoCP), International Ambassador of the ...

  Sydney, Australia / AFP Australia heads to the polls on Saturday with a suave multi-millionaire former banker vowing only he can ensure stability in the wake of the Brexit vote for a nation used to a revolving door of prime ministers. Malcolm Turnbull, 61, became Australia’s fourth leader in just over two years when he ousted fellow Liberal Tony Abbott ...

  ALKESH SHARMA / Emirates Business Increasing availability of Muslim-friendly travel facilities in the UAE, coupled with easy access to travel information about the nation is facilitating Emirates to strengthen its position as one of the most-sought-after destinations in the global Muslim travel market. Travel industry is expecting a nearly 18 percent increase in the arrival of Muslim tourists to ...

London / AFP Brexit campaigner Michael Gove announced a surprise bid on Thursday to become Britain’s next prime minister, in a blow for his close ally Boris Johnson’s chances, as turmoil gripped both the country’s main political parties after the shock vote to leave the EU. The race for the leadership of the governing Conservative Party kicked off as impatient ...

  Sunaina Rana / Emirates Business The holy month of Ramadan brings in lots of joy. However, the season also witnesses an increased rate of food wastage. It is estimated that the over 50 percent of food is wasted every day during the period. According to Ivano Lanelli, CEO of Dubai Carbon Centre of Excellence, “Food wastage is generated across ...

  Bloomberg Chancellor Angela Merkel’s government is working on targets to cut pollution on Germany’s roads that may effectively force carmakers to switch most of their sales to electric vehicles by the end of the next decade. Merkel’s chancellery is reviewing a draft of her coalition’s Climate Protection Plan 2050, which would require fossil-fuel emissions cuts of 45% for cars ...

  PARIS / AFP President Francois Hollande said he expected the French economy to perform better than expected this year and add at least 200,000 new jobs, as the deeply unpopular leader shifts into campaign mode ahead of next year’s elections. In an interview published Wednesday on the website of Les Echos daily, the Socialist president also repeated a promise ...