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Sharjah / WAM The most effective ways of enhancing business between Sharjah and Portugal were high on the agenda at a key meeting organised by Sharjah Investment and Development Authority (Shurooq) in collaboration with AICEP Portugal Global Trade and Investment Agency. More than 50 business stakeholders attended the premium roundtable event, which was held at Sharjah Chamber of Commerce and ...

Greece / AFP Greece on Saturday demanded “explanations” from the International Monetary Fund (IMF) after Wikileaks said the lender sought a crisis “event” to push the indebted nation into concluding talks over its reforms. IMF officials, in an internal discussion, allegedly voiced exasperation with Greece on its slow pace of reform, complaining Athens only moved decisively when faced with the ...

Bloomberg Benchmark Treasuries logged their best week since January even as data pointed to U.S. job-market strength. The rally shows traders are betting the Federal Reserve is focusing more on the struggling global economy than on data back home, according to Aaron Kohli of BMO Capital Markets. Treasuries are off to their best annual start since 2008 as slowing economies ...

Abu Dhabi / WAM Masdar City in Abu Dhabi, one of the world’s most sustainable urban developments, will undergo significant expansion over the next five years driven by its emergence as a hub for R&D and the commercialisation of clean technologies. “Around 35 percent of the planned built-up area will be completed over the next five years — up from ...

Istanbul / AFP Turkish authorities on Saturday raced to set up reception centres to process Syrian and other migrants two days ahead of the implementation of a hugely controversial deal with the EU for them to be sent back from Greece to Turkish soil. Turkey is due to start receiving migrants who crossed the Aegean Sea for EU member Greece ...

United Nations / AFP The UN Security Council unanimously backed a resolution that lays the groundwork for deploying a UN police presence in Burundi to help quell nearly a year of violence. Drafted by France, the resolution tasks UN Secretary-General Ban Ki-moon with drawing up within 15 days a list of options for the proposed police force, in consultation with ...

Ritika Sharma / Emirates Business As we advance towards technically intertwined work environment, it is imperative to be informed and alert about the possible cyber threats and the misuse of social media, UAE cyber experts warn. According to ‘Global Economic Crime Survey 2016: Middle East’ report by pwc, cybercrime has been cited as the second most reported economic crime affecting ...

Geneva / WAM The United Arab Emirates has said that it will support the voluntary, safe, and dignified return of Syrians to their homeland, once the foundations for peace has been laid in Syria. “But until that day comes, the UAE will continue to stress the importance of meeting the needs of refugees as well as the needs of host ...

Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of DEWA, has highlighted some of DEWA’s most important initiatives to achieve the UAE Vision 2021 at a meeting with Dr. Thani Al Zeyoudi, Minister of Climate Change and Environment, at DEWA’s head office. He also threw light on the efforts to make the UAE one of the best countries ...

ABU / WAM Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, on Thursday announced its full year audited financial and operational results for 2015, showing that the revenues increased to AED 34.1 billion as profit remains stable at AED 1.2 billion. Group CEO and Managing Director, Khaldoon Khalifa Al Mubarak, said: “Mubadala managed through the significant macroeconomic ...