Uncategorized

‘How to rocket’ to enter UAE SMEs

  Emirates Business HOW TO ROCKET —an exciting new event connecting small business owners to key service providers — will be launched in the Emirates on Tuesday. Focusing on showcasing outstanding quality companies that offers their business related services and products to micro- and small- businesses, the event will feature quality brands showcasing their services, engaging presentations and seminars, hands-on ...

Read More »

Crisis in LatAm threatens Nicaragua plans

  Managua, Nicaragua / AFP The political and economic crises buffeting Brazil and Venezuela are having a big impact in Nicaragua, where the future of billion-dollar projects have been thrown into uncertainty. Venezuela was to have invested $6.5 billion in a petrochemical plant in the Central American country, while Brazil was set to spend $1.1 billion on a hydroelectric facility. They ...

Read More »

EIG submits bid to wrest Pacific Exploration from catalyst

  Bloomberg EIG Global Energy Partners has submitted a new bid for Pacific Exploration & Production Corp. with $830 million in creditor recovery that the private-equity firm argues is “vastly superior” to one selected last month by the board of the Colombia-based oil producer. The new bid comes ahead of a Tuesday court hearing in Canada on Pacific’s restructuring plan. ...

Read More »

MBRCGI, MIT to launch ‘innovative’ workshops

  Dubai / WAM Mohammed Bin Rashid Centre for Government Innovation (MBRCGI) signed a cooperation agreement with Massachusetts Institute of Technology (MIT) in Boston, USA, to launch a series of knowledge workshops to spread the culture of innovation among employees in the UAE government, and enhance their knowledge in line with the latest global innovation trends. The agreement was signed by ...

Read More »

59% of Mafraq-Ghuwaifat Highway complete

  Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada), in collaboration with the Department of Municipal Affairs and Transport (DMAT), revealed that it has completed 59% of the Mafraq-Ghuwaifat International Highway project, linking western region cities and facilitating commercial transport on the international road. The move is part of the efforts to implement the vision of President His ...

Read More »

Residents return as truce extended in Syria’s Aleppo

  Aleppo / AFP Displaced families returned home and schools reopened in rebel-held districts of Syria’s Aleppo on Saturday after a temporary truce was extended for 72 hours in the battleground northern city. Residents trickled back into eastern areas of Aleppo, encouraged by a halt in the deadly violence that hit last month, an AFP reporter said. More than 300 civilians ...

Read More »

USA sends troops to Yemen

  Washington / AFP The Pentagon acknowledged for the first time that it has deployed US troops to Yemen since the country’s collapse last year to bolster government and Arab coalition forces battling Al-Qaeda. Spokesman Navy Captain Jeff Davis said the US military has also stepped up air strikes against fighters with Yemen-based Al-Qaeda in the Arabian Peninsula (AQAP). A “very ...

Read More »

Middle East airports look to a ‘smart’ future

  ALKESH SHARMA / Emirates Business Huge investments in aviation sector in the region, especially in the UAE, will steer the Middle East smart airports market to surpass $850 million within the next three years. Revolutionary concept of smart airport, driven by latest marvels of technology and applications, is all set to enhance traveller’s experience in a big way. The ...

Read More »

Protests build in Myanmar over Chinese-backed mine

  Yangon / AFP Hundreds of Myanmar villagers rallied on Saturday against a controversial Chinese-backed copper mine, activists said, reigniting a contentious issue that could pose an early challenge to Aung San Suu Kyi’s new government. The Letpadaung mine in the central town of Monywa has for years been dogged by complaints of land-grabbing, environmental damage and brutal police crackdowns on ...

Read More »

Strike over pension reforms and tax hikes paralyses Greece

  Athens / AFP Public transport ground to a halt in Greece as trade unions launched a 48-hour general strike against government plans to overhaul pensions and increase taxes, as demanded by international creditors. No trains were running across the country, and boats linking the Greek mainland to the islands were anchored at ports. In the capital Athens, the metro, ...

Read More »
Send this to a friend