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  Emirates Business Underscoring Majid Al Futtaim’s leadership in the retail sector, the Luxury Wing has undergone a complete revamp as part of the mall’s Evolution 2015 AED1 billion multi-stage redevelopment journey, contemporising the avenue to offer a premium location for international luxury brands. Most recently, Mall of the Emirates has welcomed MCM, Boucheron, Brunello Cucinelli, Etro, Marc Jacobs, Roger ...

  Bloomberg More than 6,000 workers cycle through the world’s biggest nuclear plant every day to operate and maintain a facility that hasn’t sold a kilowatt of electricity in more than four years. The buzz at Tokyo Electric Power Co. Holdings Inc.’s Kashiwazaki-Kariwa plant plays out daily across Japan, where utilities employ thousands of workers and spend billions of dollars ...

  Yangon / AFP Myanmar cheered a US promise to end sanctions on Thursday, with residents in its commercial capital clamouring for American brands while politicians and business moguls heralded a new era of transparency and trade. US President Barack Obama vowed to scrap the trade limits during Aung San Suu Kyi’s first visit to the White House since her ...

  Bloomberg The U.K. government has approved Electricite de France SA’s controversial plan to build two nuclear reactors for 18 billion pounds ($24 billion) in southwest England. Hinkley Point C will proceed under the condition that EDF won’t be able to sell down its controlling stake prior to completion of construction without government approval, the Department for Business, Energy and ...

  Paris / AFP Protesters took to the streets across France on Thursday for fresh demonstrations against the Socialist government’s labour reforms, although opposition to the measures appeared to be running out of steam. Demonstrators also marched through the eastern city of Belfort where the government is locked in a battle with train-building giant Alstom over the future of an ...

  DUBAI / Emirates Business A long-term drop in oil prices makes investment in Small and Medium Enterprises (SMEs) essential for GCC countries. The findings are part of BLOOVO.COM’s latest research on the beneficial role SMEs play in catalysing economic diversification and employment. BLOOVO.COM’s latest research shows that SMEs already account for 90% of all registered companies in the MENA ...

  Emirates Business Etihad Airways was named ‘Best International Airline – Offline’ at the 2016 Travel Agents’ Association of New Zealand (TAANZ) National Travel Industry Awards held in Auckland on 10 September. Voted for by the New Zealand travel industry, the award recognises the airline’s world-class product and service. Etihad Airways’ General Manager for Australia and New Zealand, Sarah Built, ...

  ROME / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, arrived in Rome on Wednesday to begin an official visit to the Vatican City where on Thursday he is due to meet with Pope Francis. Sheikh Mohamed and Pope Francis will discuss bilateral ties ...

  Dubai / Emirates Business Jumeirah Golf Estates has been honoured by Forbes Middle East as a Top Real Estate Company in the Arab World, citing its contribution to shaping the country’s landscape as key to its accolade. Senior executives from Jumeirah Golf Estates received the award at a gala dinner at Waldorf Astoria Dubai Palm Jumeirah this week, against ...

  Sharjah / Emirates Business With the holiday season upon us, HolidayMe, a unique website offering on-the-fly customized travel solutions to customers across the Middle East, revealed the findings of its travel survey. The survey which was conducted online with over 1500 HolidayMe customers in the UAE, revealed Maldives (27.1%), Georgia (16.8%) and the United Kingdom (13%) as the top ...