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Obama to make historic visit to Hiroshima

  Washington / AFP Barack Obama will this month become the first sitting US president to visit atomic bomb-struck Hiroshima, but the White House said he will not offer an apology for the devastating attack on the Japanese city in 1945. Obama, accompanied by Prime Minister Shinzo Abe, will make the deeply symbolic visit on May 27, after attending a ...

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Nissan Patrol Nismo all set to roll out on UAE roads

  Sunaina Rana / Emirates Business A new exciting range of series of Nissan Patrol Nismo, with a blend of motorsports and concentrated power in the spirit of SUV, is all set to rule the UAE roads. Arabian Automobiles — the exclusive dealer for Nissan in Dubai and the Northern Emirates — has recently announced that the much-anticipated vehicle would ...

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Stubborn natural gas supply imperils best US rally in 14 years

  Bloomberg Natural gas futures have soared since March on speculation that supplies are finally falling after a decade of gains. Production numbers tell a different story. Prices have gained 28 percent from a 17-year low in March, the biggest advance for the period since 2002, as investors including Greenlight Capital’s David Einhorn bet the market would put a dent ...

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Innovation key to UAE’s future

  DUBAI / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, said that the UAE has adopted innovation as an institutional approach and a culture of the society that aims at developing its human factor as well government institutions, as part of its drive to build a sustainable ...

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UAE agencies discuss environmental radiation at FANR

  ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR) held a workshop on Monday to review progress towards establishing a present-day measurement of environmental radiation in the UAE. The 6th UAE National Workshop on “Baseline Environmental Radiation Mapping in the UAE”, was held at Zayed University in Abu Dhabi and was attended by representatives of the UAE ...

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Airport Show opens in Dubai

  Dubai / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, inaugurated the 16th Airport Show at the Dubai International Convention and Exhibition Centre (DICEC) with 300 companies from 55 countries participating in the three-day show, expected to be attended ...

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Dubai private sector growth shows upward momentum

  Dubai / Emirates Business Dubai private sector companies indicated a sustained recovery in growth momentum from the survey-record low experienced in February. At 52.7 in April, up slightly from 52.5 in March, the seasonally adjusted Emirates NBD Dubai Economy Tracker Index highlighted the fastest improvement in overall business conditions since November 2015. The headline index has now posted above ...

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Air Arabia net profit reaches AED114mn in first quarter

  Sharjah / Emirates Business Air Arabia PJSC reported strong financial results for the first quarter of 2016 exceeding analyst expectations as the Middle East’s first and largest low cost carrier continued to deliver outstanding performance and attract new customers. Air Arabia reported a net profit of AED114 million for the three months ending March 31, 2016, 34 percent higher ...

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Firebrand Duterte poised to win Philippine presidential elections

  Manila / AFP Anti-establishment firebrand Rodrigo Duterte was heading on Monday for a huge win the Philippine presidential elections, according to a poll monitor, after an incendiary campaign dominated by his profanity-laced threats to kill criminals. Duterte, the longtime mayor of the southern city of Davao, had hypnotised millions with his vows of brutal but quick solutions to the nation’s ...

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India’s auto sales rise at fastest pace in 5 months

  New Delhi / Bloomberg Maruti Suzuki India Ltd., Hyundai Motor Co. and Renault SA paced India’s biggest gain in passenger vehicle sales in five months, as new compact SUVs, hatchbacks and minicars drew buyers to their showrooms. Deliveries of passenger vehicles, including sport utility vehicles and vans, climbed 11 percent to 242,060 units last month, the Society of Indian ...

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