Uncategorized

  RITIKA SHARMA / Emirates Business Gone are days when holidays meant just an escape from the world without any communication back home or office. With technology taking strides in almost everything around us, travel is no more an ‘out-of-sight out-of-mind’ case. From seeking a one-time experience during holidays to the era of instant feedbacks and reviews, things have changed ...

  Washington / AFP The “breakthrough” deal announced last Wednesday to resume handing out bailout money to Greece sounded like old times: the International Monetary Fund working with European countries again as official lenders to Athens. In the end, however, the anti-global crisis lender again refused to support Greece’s third rescue program with its own financial contribution. The IMF said ...

  Frankfurt / AFP Mario Draghi may have bought himself a brief respite from the threat of deflation. The cost? More than a quarter of a trillion dollars. On Thursday, the European Central Bank president should be able to deliver his first snippet of good news for a year on his mandate. Most economists in Bloomberg’s monthly survey predict the ...

  Bloomberg Noble Group Ltd. said Yusuf Alireza resigned as chief executive officer and announced a plan to sell a business that less than a month ago Alireza himself described as a core asset the trading company wanted to keep. Alireza, 45, decided “the time was right” to leave after shifting the trader toward an asset-light model, selling its agriculture ...

  Bloomberg Grupo BTG Pactual, the Brazilian bank that was forced to sell assets after the arrest of its founder last year, is exploring the sale of its 50 percent stake in an African joint venture with state-run oil company Petroleo Brasileiro SA, according to people with knowledge of the matter. BTG has held sales talks with independent oil explorers ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Mohamed Ould Abdel Aziz of Mauritania, on Sunday discussed fraternal relations as well as regional and international issues of common concern. The talks took place after HH Sheikh Mohamed received the ...

  DUBAI / WAM In implementation of directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, instructed that the Star Rating System for all service delivery channels be applied in all Government of Dubai services centres within ...

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, received President Idriss Deby of Chad in Zabeel Palace on Sunday, along with his accompanying delegation. In the presence of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Sheikh Mohammed welcomed President Deby and stressed ...

  Washington / AFP “Big data” could play a huge role in the 2016 US election, even if Donald Trump doesn’t think so. Trump, who sailed through the Republican primaries using unconventional campaign rallies and Twitter messages, has indicated that he sees little use for popular data analytics tools to help target specific voters. But analysts say he may be at ...

  Baghdad / AFP Iraq’s elite forces deployed around Fallujah, marking a new phase in efforts to retake the extremist bastion, as concern grew for trapped civilians there and in neighbouring Syria. After almost a week of shaping operations around Fallujah, the arrival of the counter-terrorism service (CTS) signalled that an assault on the IS group inside the city may ...