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US free trade deal making steady progress, avers EU

  Bloomberg The European Commission on Monday insisted talks on a huge US free trade deal were on track, rejecting German claims that irreconcilable differences had left the deal dead in the water. “The ball is rolling right now. The Commission is making steady progress,” Commission spokesman Margaritis Schinas said when asked about comments by German vice chancellor and economy ...

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IS-car bomb kills 60 Yemen recruits

  Beirut / AFP An IS group militant rammed his explosives-laden car into an army recruitment centre in Aden on Monday, killing 60 people in the deadliest extremist attack to hit the city in over a year. Yemen’s army, supported by a Saudi-led coalition, is training young recruits to join its nationwide war against Shiite Houthi rebels and their allies, as ...

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US alarm as Turkey warns Syrian Kurd militia of more strikes

  Istanbul / AFP Turkey warned on Monday it would carry out more strikes on a Syrian Kurdish militia if it failed to retreat beyond the Euphrates River, as Washington condemned their weekend clashes as “unacceptable”. Turkish forces pressed on with a two-pronged operation inside Syria against the IS extremists and the Syrian Kurdish People’s Protection Units (YPG), shelling over ...

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Don’t panic over China private investment crash

  Bloomberg Alarmed by a collapse in private investment in China and a surge in state spending? Calm down, say three analysts, who argue that data problems are exaggerating the trend. Investment numbers this year aren’t completely comparable with 2015 because they include firms that recently migrated from the private to the state sector, says Nicholas Lardy, a senior fellow ...

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Biggest Indian LNG refiner on buying binge

  Bloomberg Indian Oil Corp., the nation’s biggest refiner that’s also boosting its liquefied natural gas business, is lifting purchases of the fuel to take advantage of a price plunge amid a glut. The state-run company plans to buy two LNG shipments per month in the spot market for six months from October, according to Debasis Sen, director of planning ...

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Sharjah Expo Centre posts robust first half growth

  Sharjah / Emirates Business Expo Centre Sharjah, the region’s premier exhibition organiser & events venue, has reported strong performance in the first half of 2016, registering an impressive rise in the number of events held and increase in visitor turnout. According to H1 2016 figures, Expo Centre Sharjah (ECS) hosted 15 consumer & trade exhibitions and conferences as against ...

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French pavilion to host digital tech at GITEX

  Dubai / Emirates Business The French Tech pavilion, a Business France initiative, will be hosting 22 French exhibitors and start-ups that specialize in digital technology at this year’s GITEX in DWTC’s Hall 4 and the new Zabeel Hall from 16 – 20 October. With the help of Business France, the exhibitors will be amongst an estimated 500 start-ups attending ...

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ADFD organises seminar on ‘Women and Innovation’

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the UAE’s international development arms, hosted its annual Women and Innovation seminar to mark Emirati Women’s Day. Moderated by Fatima Al Balooshi, Head of Media and Communications at Abu Dhabi Fund for Development the seminar had key note contributions from Dr Omniyat Al-Hajri, Director of Public Health and ...

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FCSA unveils book on UAE’s inspiring women

  Dubai / WAM Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation and Chairwoman of the Federal Competitiveness and Statistics Authority (FCSA) unveiled “Emaratiyah – the UAE’s Inspiring Women”, a special edition book that documents the journey of 24 inspiring Emirati women who contributed to the development of the UAE and prospered in different domains of life such ...

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Manazil, Tamleek sign MoU on Adagio Hotel Apartments

  Dubai / Emirates Business Manazil Global Property Development, the Dubai based real estate developer, announced the signing of exclusive partnership with Tamleek Real Estate Co. to be its exclusive sales representative in the UAE for the Adagio Hotel Apartments in Dubai Jumeirah Village Triangle (JVT). Engineer Abdul Mohsen Al Hammadi, CEO Manazil Group, developer and owner of the Hotel ...

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