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  BEIRUT / AP IS militants entered a Syrian opposition stronghold in the country’s north on Saturday, clashing with rebels on the edges of the town as the extremist group built on its most significant advance near the Turkish border in two years, Syrian opposition groups and IS media said. More than 160,000 civilians are trapped in the fighting, which ...

  Sharjah / WAM Promoting Sharjah’s array of investment opportunities to Germany’s business community was the basis of a recent visit to Berlin which was successfully concluded by the Sharjah Investment and Development Authority (Shurooq) on Friday. During their visit, Shurooq was at the German capital as it organised the Sharjah-Berlin Seminar, while on the second day, it participated at the ...

  ALKESH SHARMA / Emirates Business The GCC nations are witnessing one of the fastest monetary growth and infrastructure developments in the entire MENA region. However, this sky-rocketing progress also calls for special attention as it has resulted into increased concerns in the cyber domain. According to a recent report of Frost & Sullivan, the GCC’s network security spend is ...

  Ritika Sharma / Emirates Business The UAE is fast cementing its position as a luxury destination, where tourists are willing to spend more on their holidays. Experts have been talking about exponential growth in luxury tourism in the country, and researches based on travellers’ booking and behaviour confirm the same. A recent research by a travel data platform states ...

  Tokyo / Bloomberg Japan Prime Minister Shinzo Abe plans to propose a fiscal stimulus package of as much as 10 trillion yen ($90.7 billion) after warning Group of Seven leaders that the global economy faces significant risk of another crisis, according to the Nikkei newspaper. Abe will seek a second supplementary budget worth 5 trillion yen to 10 trillion ...

  Beijing / AP China’s largest private property developer, the Wanda Group, opened an entertainment complex on Saturday that it’s positioning as a distinctly homegrown rival to Disney and its $5.5 billion Shanghai theme park opening next month. Wanda executives unveiled their $3 billion “Wanda City” in the southeastern provincial capital of Nanchang to thundering music reminiscent of the “Pirates of ...

  Paris / AFP The French government maintained a hard line on Saturday ahead of a fresh wave of protest over a bitterly-disputed labour law that has seen demonstrators blockading oil refineries and strikes paralysing the transport network. The escalating unrest, which has gathered pace over the last week sparking petrol shortages that forced the government to dip into strategic ...

  Bloomberg   Federal Reserve Chair Janet Yellen threw her support behind a growing consensus at the central bank in favor of another interest rate increase soon, while steering clear of specifying the timing of such a move. “It’s appropriate — and I’ve said this in the past — for the Fed to gradually and cautiously increase our overnight interest ...

  Bloomberg Argentine President Mauricio Macri announced an amnesty on an estimated $500 billion of unregistered funds stashed abroad to pay pensioners and help fund a multi-billion dollar infrastructure program. The funds will pay a tax of zero percent to 15 percent depending on the amount and when they are brought back into the country, the government said in a ...

  ABU DHABI / WAM Etihad Airways, the national carrier of the United Arab Emirates, has been presented with the title of ‘Most Innovative Airline of the Last Ten Years’ at the Telegraph UltraTravel Awards, which were held at the London Savoy Hotel. The awards are known as the ULTRAs and are conducted by an annual survey where readers of ...