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RAKTDA organises conference on ‘World Tourism Day’

  Ras Al Khaimah / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), which develops the emirate’s tourism infrastructure and plans, initiates and drives its domestic and overseas promotions, on Thursday hosted the annual UAE World Tourism Day conference for the second year in a row. The half-day UAE World Tourism Day Conference, held at the Al Marjan Island ...

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India hits Pakistan terror launchpads

  New Delhi / AFP Indian commandos carried out a series of lightning strikes on Thursday along the de facto border with Pakistan in Kashmir, provoking furious charges of ‘naked aggression’ from its nuclear-armed neighbour. Amid anger in India over a recent deadly assault on one of its army bases in Kashmir, officials said troops had conducted “surgical strikes” several ...

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Thousands of Indonesian workers protest tax amnesty

  Jakarta / AFP Thousands of workers rallied on Thursday in the Indonesian capital Jakarta against a controversial government scheme to raise revenues that, critics claim, has allowed wealthy tycoons to avoid paying tax. The tax amnesty programme began in July, offering low rates to people who came forward to declare their untaxed wealth stashed at home and overseas. Wealthy ...

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Vietnam’s growth eases off in Q3

  Hanoi / AFP Vietnam’s economy dipped slightly in the third quarter year-on-year, data showed Thursday, but analysts say the communist country will remain one of Southeast Asia’s star performers. GDP growth in the three months to September hit 6.4 percent, down from 6.81 percent in the same period in 2015, the Government Statistics Office said in a statement. Vietnam ...

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600 wounded in Aleppo need medical evacuations

  Geneva / AFP The United Nations described on Thursday a desperate situation in Syria’s rebel-held eastern Aleppo, warning “hundreds” needed medical evacuation and that there was only enough food aid left for a quarter of the city’s population. “Utmost on our mind is the need to address the very concerning medical situation” in the east of Aleppo, UN deputy envoy ...

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Digitisation set to transform automotive aftermarket

  Dubai / Emirates Business More than 100 professionals of the Middle East’s automotive aftermarket gathered in Dubai to discuss the future trends in their industry, with the rise of digitisation likely to have a major impact on the way they do business in the region. Valued at US$367 billion in 2015, the global market for replacement parts is estimated ...

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du wins MoE award for tapping Emirati talent

  DUBAI / Emirates Business The Ministry of Economy recognised du as a pioneer in training and qualifying Emirati nationals in the profession, either for employees or the community with an award for The Emiratis in the Accounting, Auditing and Financial Management professions. du representatives, Amer Kazim, Chief Financial Officer, and Mohamad AlSaabri, Senior Director for National Development, received the ...

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Sharjah FDI Forum kicks off

  Sharjah / WAM Foreign Direct Investment (FDI) leads not only to wealth in economic terms, but also builds a nation’s culture, art and literature, His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has said. Sheikh Sultan made the remark during his opening address at the second edition of the Sharjah Foreign Direct ...

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Safe and secure environment key to development: Mohammed

  Dubai / WAM Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum commended the critical role of the State Security Apparatus in enhancing security and safety of the community and preserving its gains. A safe and secure environment is one of the key pillars of development, Sheikh Mohammed stressed on Wednesday, while ...

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Referendum fears for EU as Italy cuts growth forecast

  Rome / AFP Italy has slashed its growth forecasts for this year and next, nine weeks before a referendum shaping up as make-or-break vote on the centre-left government’s record that could send shockwaves across Europe. Speaking after a cabinet meeting on updated budget plans for 2017, Prime Minister Matteo Renzi said he was now making a “prudent” prediction of ...

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