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ACCI organises meet to discuss economic coop, trade exchange

  AJMAN / WAM The Ajman Chamber of Commerce and Industry (ACCI) organised the 4th edition of its annual Ramadan Diplomatic Forum aimed at enhancing economic cooperation and trade exchange. A number of ambassadors, consuls-general and representatives of business offices from different Arab and other countries attended the forum held at the Asateer Tent, Atlantis The Palm, in Dubai. Mohammed ...

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Fallujah fully liberated from IS: Iraq

  BAGHDAD / AP A senior Iraqi commander declared that the city of Fallujah was “fully liberated” from IS group militants on Sunday, after a more than monthlong military operation. Iraqi troops have entered the northwestern Al Julan neighborhood, the last area of Fallujah to remain under IS control, the head of the counterterrorism forces in the operation, Lt. Gen. Abdul-Wahab ...

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GCC online ads poised for big leap

  Emirates Business Increased internet penetration in the Arab World has led to a jump in the GCC region’s online ad spending for this year with internet ads in the GCC set to grow 20 per cent in 2017, according to a market research report recently launched by Orient Planet Research, an Orient Planet Group venture. The report, entitled, ‘GCC ...

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TransCanada files $15bn NAFTA claim on Keystone XL rejection

  Bloomberg TransCanada Corp. is seeking to recoup $15 billion for the Obama administration’s rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals to challenge U.S. policy. The Calgary-based pipeline operator filed papers late Friday seeking arbitration under the North American Free Trade Agreement, arguing that TransCanada had every ...

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Obama calls West Virginia flood a disaster, announces federal aid

  CLENDENIN / AP Offering his condolences, President Barack Obama approved federal aid for the West Virginia communities devastated by floods that have killed at least 24 people and rendered many more homeless. Obama’s signature on the federal disaster declaration lets residents in three counties get aid for temporary housing and home repairs, receive low-cost loans to cover uninsured property ...

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SDG organises session on happiness for Dubai society

  Dubai / Emirates Business Smart Dubai Government Establishment (SDG), in co-operation with a number of its strategic partners in government entities, has organized a brainstorming session titled “Challenges of connected services” as part of its innovative activities and its efforts for developing government shared services, which are offered in partnership or collaboration with several government entities to ensure sustainable ...

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UAE energy-mix to have 10pc renewables by 2030

  RITIKA SHARMA / Emirates Business The cost-competitiveness of renewable energy gives the UAE an opportunity to invest in renewables and make sure more of the natural energy is used. Experts believe that based on the current trends in the energy sector, the UAE will achieve at least 10 percent use of renewable energy in its energy-mix by 2030 and ...

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Customer experience top priority of ME telcos

  DUBAI / Emirates Business According to EY’s latest telecommunications report ‘Navigating the Road to 2020 — Opportunities and challenges for telecom operators in the Middle East’, 68% of telecommunications C-suite respondents cite customer experience management as their top strategic priority over the next three years. Wasim Khan, Partner and Chief Operating Officer, EY, says: “A better customer experience can ...

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Australia needs stability post Brexit vote, says Turnbull

  Canberra / AP Australia’s prime minister used his official campaign launch on Sunday to warn against a change of government during the economic fallout from Britain’s decision to leave the European Union. Polls project Prime Minister Malcolm Turnbull’s conservative coalition is widely expected to be returned next Saturday for a second three-year term with a reduced majority. Turnbull said his ...

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Rosneft agrees to sell Siberia stake as Putin boosts China ties

  Bloomberg Rosneft PJSC, the world’s largest publicly traded crude producer, agreed to sell a stake in a key unit to China as Russian President Vladimir Putin seeks to bolster energy ties with Asia. The state-run company committed to negotiating the sale of 20 percent of its Verkhnechonsk unit to Beijing Enterprises Group Co., Rosneft said in a statement. The ...

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