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 ...
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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 ...
Read More »Rak Properties Julphar Residence to open in 2018
Ras Al Khaimah / Emirates Business RAK Properties PJSC, Ras Al Khaimah’s biggest property developer listed on the Abu Dhabi Stock Exchange, revealed that its Julphar Residence property – the developer’s 24-floor residential tower on Abu Dhabi’s Al Reem Island – will be completed in Q4 2018. Speaking during this week’s Cityscape Global 2016 — the Middle East’s leading ...
Read More »Hamdan takes stock of Dubai Future Foundation projects
Dubai /Â WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees at Dubai Future Foundation, re-affirmed the words of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, who said that “the future is to be turned into reality today, ...
Read More »China under pressure at Asia summit over sea dispute
Beirut /Â AFP Beijing came under pressure at an Asian summit on Wednesday over its “illegal” island-building in the South China Sea, after the Philippines produced photos it said showed fresh construction activity at a flashpoint shoal. Any artificial island at Scarborough Shoal could be a game-changer in China’s quest to control the South China Sea and raises the risk ...
Read More »As Obama caps Asia pivot, Thailand ‘a missing piece’
Vientiane / AFP President Barack Obama attends a farewell dinner with Southeast Asian leaders on Wednesday, capping eight years of careful courtship that has created new friends, but left links frayed with America’s oldest regional ally—Thailand. When Obama looks around the gala dinner table in Vientiane, he will find a bevy of new partners. His engagement with former Communist foes ...
Read More »Dubai Property Show to return to Mumbai
Dubai / Emirates Business Geared by the successful Mumbai exhibition last year that raked in approximately AED 400 million into Dubai real estate and attracted almost 6000 visitors, Dubai Property Show is all set to return to the Indian metropolis this year in December. The realty expo is being organised by Sumansa Exhibitions in partnership with Dubai Land Department. ...
Read More »Ajman gears up to welcome Eid visitors
Ajman /Emirates Business Hotels and hotel apartments in Ajman are all set to welcome visitors to the emirate during the Eid Al Adha holiday. Majority of the establishments have reported 80% occupancy but expecting to reach full occupancy this week from last-minute bookings after the announcement that the public sector would enjoy a week-long Eid holiday and three days ...
Read More »Danaher strikes $4bn Cepheid deal
Reuters Danaher Corp said it would buy medical diagnostics company Cepheid in a deal valued at $4 billion, including debt, that will strengthen its presence in molecular diagnostics. Danaher, which develops technology for the dental, life sciences, diagnostics and environmental industries, spun off its industrial division in July to focus on science and technology. Piper Jaffray analysts said the ...
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