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  Beirut / AFP US-backed Syrian fighters and Iraqi forces on Thursday pursued twin assaults against the IS group, but experts warned the battles will be drawn out. The offensives on key regions of IS-held territory are the two most significant ground efforts against the extremists since they formed a self-styled “caliphate” in 2014. In Syria, an alliance backed by ...

  Ise, Japan / AP Japanese Prime Minister Shinzo Abe is urging fellow leaders of the Group of Seven advanced economies to avert another global crisis by acting to rescue the faltering global recovery. Abe and his counterparts got down to business on Thursday after strolling through the grounds of Ise (Ee-say) Shrine, a tranquil, densely forested landmark that is ...

  Dubai / Emirates Business According to stats from the UAE’s top finance comparison site compareit4me.com, recent figures show a 115 percent increase in the number of consumers searching for business loans on the site between January and March of this year, compared with the same period last year. Currently in the UAE, SMEs contribute an estimated 40-46 per cent ...

  Sunaina Rana / Emirates Business The youngest Emirati real estate professional, Khaled Ali Al Shawy, will collaborate with JK Properties and The Heart of Europe to host a private event which will give a sneak-peak into the Limited Signature Edition Floating Seahorse ocean villas in Dubai on May 30. The one-day event will feature the limited Signature Edition Floating ...

  RITIKA SHARMA / Emirates Business Driven by a growth in number of medical tourists opting for cosmetic surgery, UAE grabs prominence in the medical tourism industry at a global level. High quality control, luxury centric market and cost effective follow ups, coupled with a world class medical infrastructure, ensure that the country stays atop the list. Global Cosmetic Surgery ...

  Tokyo / AFP Japan passed a law regulating virtual currency, after the country found itself at the epicentre of a multi-million dollar embezzlement scandal following the spectacular collapse of the Tokyo-based MtGox Bitcoin exchange. Once one of the largest, most established exchanges for the cryptocurrency, MtGox collapsed in 2014 after a suspected theft worth nearly half a billion dollars, which ...

  Mumbai / Bloomberg Reliance Industries Ltd. and BP Plc are seeking to end their disputes with the Indian government over an offshore natural gas block, one requirement for the companies before they can take advantage of new pricing policies, according to people familiar with the development. The two explorers and a third partner, Canada’s Niko Resources Ltd., are preparing ...

  Bloomberg Some Electricite de France (EDF) workers joined strikes at oil refineries, cutting power output, as the government vowed not to back down revising a labour law and businesses warned of economic damage if the protests continued. “What are the alternatives – a withdrawal of the text? That’s impossible,” Prime Minister Manuel Valls said on Thursday on RMC radio. ...

  Bloomberg The number of U.S. jobs in solar energy overtook those in oil and natural gas extraction for the first time last year, helping drive a global surge in employment in the clean-energy business as fossil-fuel companies faltered. Employment in the U.S. solar business grew 12 times faster than overall job creation, the International Renewable Energy Agency said in ...

  Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, on Wednesday opened the Burj Al Arab Terrace in the presence of Deputy Ruler of Dubai HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum. A world-first in marine and off-site construction, the Burj ...