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  Dubai / Emirates Business Dubai Courts has launched ‘Rased,’ a judicial work indicator, as a major leap in its smart transformation efforts and a boost to its ongoing initiatives to achieve leadership in the judiciary sector. The smart technical system provides a unified tool to enhance corporate governance, effectively attain strategic goals, and promote high excellence in its main ...

  Honolulu / AFP Japanese Prime Minister Shinzo Abe travels on Tuesday to Hawaii’s Pearl Harbor, the site of a sneak attack by his country that provoked America into entering World War II, to reinforce what the leader calls “the power of reconciliation.” Abe, who was to be hosted by US President Barack Obama, would be the first Japanese premier to ...

  Istanbul / AFP Almost 30 Turkish police went on trial in Istanbul on Tuesday charged with involvement in the July 15 coup, the city’s first trial of alleged putschists in the massive crackdown that followed the failed bid to oust President Recep Tayyip Erdogan. With some 41,000 coup suspects under arrest in a state of emergency, the nationwide trials ...

  Bloomberg Toshiba Corp. can’t get past its accounting problems. The Japanese company, which paid a record fine a year ago for its bookkeeping practices, warned that it may now have to take another charge of several billion dollars related to an acquisition made by US unit Westinghouse Electric. The company’s shares fell 12 percent to 392 yen at the ...

  Bloomberg A private university in Thailand has begun accepting rice in payment for tuition fees as the nation struggles under a grain glut that’s hurting farm incomes. Students enrolled at Rangsit University in Bangkok’s northern suburbs can pay all or part of next semester’s costs with rice, said Worachat Churdchomjan, a dean who helped set up the program. The ...

  Bloomberg Issuance of CLOs (Collateralized Loan Obligation) in Europe in 2017 may exceed this year’s record for post- crisis sales with a well-stocked pipeline of new deals, no let-up in investor demand and supportive credit conditions. Themes seen in recent months look set to carry over into next year, with the issuer and investor base diversifying, more CLO refinancings ...

  London / AFP Britain’s economy grew faster than expected in the third quarter, revised official data showed, indicating no impact yet from the nation’s looming exit from the European Union. Gross domestic product expanded by 0.6 percent in the three months to the end of September, up from the previous estimate of 0.5 percent, the Office for National Statistics ...

  ABU DHABI / WAM The UAE leadership is looking forward to a national media industry that lives up to the standards of achievements and rises to the challenges while keeping pace with modern technology to strengthen its mission, reflect the image of the country’s progress, and project and support the UAE’s regional and international causes, said His Highness Sheikh ...

  Dubai / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan on Monday received a written invitation from King Abdullah II of Jordan to attend the Arab League Summit, to be hosted by Jordan in late March 2017. The written invitation was delivered to Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid ...

  Abu Dhabi / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Co-operation, on Monday visited the Wahat Al Karama (Oasis of Dignity) memorial, built to honour Emirati heroes who had died for their country. Accompanied by Dr. Anwar bin Mohammed Gargash, Minister of State for Foreign Affairs, Reem bint Ibrahim Al Hashemi, Minister ...