Uncategorized

  Dubai / Emirates Business SellAnyCar.com, the Middle East’s first and largest car buying service guaranteeing the purchase of any car within 30 minute, has released new research indicating that the price variance in classified ads for pre-owned car creates ambiguity and lowers the rate of successful transactions. The research is part of a SellAnyCar.com initiative to identify and address ...

  Manila / Bloomberg The Philippines economy grew faster than economists predicted last quarter, giving a boost to new President Rodrigo Duterte as he seeks to attract more investment and speed up infrastructure spending. Gross domestic product increased 7 percent in the three months through June from a year earlier, the fastest pace since the same period in 2013, the ...

  Beijing / Bloomberg China is adding new instruments to its economic dashboard that will incorporate big data to help better track innovation and entrepreneurship in the new economy. Three indicators tracking innovation, entrepreneurship and the new economy are rolling out this year to gauge output in those fast-moving, category-bending and hard-to-measure sectors. All three will be distilled partly from ...

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) organised the third batch of training sessions for 75 students of the Carbon Ambassadors Programme, the next generation of leaders and experts, who will implement ambitious national strategies and plans as well as contribute to innovating new initiatives and programmes, as part of the Dubai Clean Energy Strategy 2050. Conducted ...

  Abu Dhabi / WAM The Emirates Nuclear Energy Corporation (ENEC) announced the successful installation of its Unit 3 Steam Generators (SGs) marking another milestone in the development of the UAE’s first nuclear energy plant through the UAE peaceful nuclear energy programme. Steam Generators play a key role in the conversion of energy generated by nuclear fission into electricity which will ...

  Ankara / AFP Turkey on Wednesday began freeing the first of some 38,000 prisoners not linked to the failed coup who are to be released in a move aimed at relieving pressure on prisons overcrowded with putsch suspects. The parole decision came as Turkey presses on with the biggest purge in its modern history after the July 15 bid ...

  ABU DHABI / Emirates Business Aldar Properties PJSC (Aldar) — in its role as Platinum Sponsor for Yas Island’s ‘The District’ — will present the Aldar Innovation Lab, running from August 18 – September 17. The District, part of the Abu Dhabi Tourism & Culture Authority-organised Abu Dhabi Summer Season, is located in the du Forum and is a ...

  Sharjah / Emirates Business The talents of the UAE’S traditional craftswomen and its emerging designers have been successfully highlighted on an international stage following a trade delegation to London. The recently concluded mission, organised by Sharjah-based Irthi Contemporary Crafts Council (Irthi), that operates under NAMA Women Advancement Establishment (NAMA) offered a unique opportunity to showcase and support the creative ...

  Bloomberg Britain’s labor market isn’t cracking under the weight of Brexit yet. Companies added 172,000 jobs in the second quarter and the unemployment rate held at 4.9 percent, showing resilience in the buildup to the June 23 referendum when the UK decided to quit the European Union. While the data available for July—after the vote—are more volatile, they show ...

  Bloomberg Poland’s law restricting the proximity of turbines near homes is bringing the wind-energy industry to a standstill, according to environmental researchers. At stake are more than 500 million zloty ($131.4 million) spent by investors to date on developing wind projects, according to a survey published on the website of Ambiens sp. z o.o. Environmental consultants last month polled ...