Cairo /Â WAM President of the Arab Republic of Egypt, Abdel Fattah El Sisi, received on Thursday at Al-Ittihadiya Palace, HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, and his accompanying delegation. During the meeting, they discussed cooperation between the UAE and Egypt, issues of mutual concern, and the latest regional and international developments. ...
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‘53 govt initiatives to help Dubai target 20mn tourists by 2020’
Dubai /Â WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, affirmed that he would closely monitor the progress of the tourism industry in Dubai so as to fulfil the vision of Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, to welcome 20 million tourists by ...
Read More »Liberty Media agree $8bn deal to buy Formula One
AFP Formula One entered a new era as US billionaire John Malone’s Liberty Media agreed a takeover that values the motorsport at $8 billion and raises questions over the role of its colourful, long-time mastermind, Bernie Ecclestone. In a deal that ends years of speculation over F1’s future, Liberty said it had struck an agreement to buy out Formula ...
Read More »Thousands of students to be affected, as ITT to shut institutes
AFP ITT Educational Services Inc said it would shut its flagship ITT Technical Institutes, following a U.S. Department of Education order, affecting thousands of students and employees. ITT’s move is the latest blow to the over $20 billion U.S. for-profit education industry, which has come under fire from the government in the past couple of years for its poor ...
Read More »Obama warns China over South China Sea ruling
Vientiane /Â AFP US President Barack Obama warned Beijing on Thursday it could not ignore a tribunal’s ruling rejecting its sweeping claims to the South China Sea, driving tensions higher in a territorial row that threatens regional security. The dispute has raised fears of military confrontation between the world’s superpowers, with China determined to cement control of the strategically vital ...
Read More »US, Russia hold fresh negotiations in bid to push for Syria peace deal
Geneva /Â AFP The US and Russia conducted last-minute negotiations on Thursday over a fresh bid for a Syrian peace deal ahead of an expected high-level meeting in Geneva. Foreign ministers from the two powers, which support opposite sides in the five-year conflict, were poised to hold a “personal meeting” in the Swiss city to push for a peace agreement, according ...
Read More »Dubai Design Week to host region’s creativity
Dubai / Emirates Business Dubai Design Week’s popular exhibition Abwab will return to this year’s program, festival organizers have announced. A showcase of emerging and established creative talent from the Middle East, North Africa and South Asia (MENASA) region, Abwab (‘doors’ in Arabic) will showcase entirely new work from designers and studios from Algeria, Bahrain, India, Iraq, Palestine and ...
Read More »MENA students join SAWA summer event in Sharjah
Sharjah / Emirates Business Students from the Middle East and North Africa will, for the first time, took part in the second edition of the cross-cultural SAWA Summer School initiative, held recently at the Sharjah Museum of Islamic Civilization. A joint collaboration between Sharjah Museums Department, Goethe-Institut Gulf Region, Staatliche Museen Berlin – Stiftung Preußischer Kulturbesitz and University of ...
Read More »Respite to global steel sector as Chinese exports ease
Bloomberg Steel exports from China slumped last month to the lowest level since February, offering some respite to world leaders just days after they expressed concern over a growing glut of the metal. Shipments from the biggest producer dropped to 9 million metric tons from 10.3 million in July and 9.7 million tons a year earlier, according to China’s ...
Read More »Record Oz iron exports seen presaging drop in prices
Bloomberg Iron ore shipments from the world’s largest bulk-export terminal in Australia swelled to a record, offering fresh evidence of strong supply and underpinning forecasts of lower prices through the year-end. Exports from Port Hedland totaled 42.9 million metric tons in August from 38.7 million in July and 39.2 million a year earlier, data from the Pilbara Ports Authority ...
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