Amman /Â AFP A car bomb outside a Syrian refugee camp in Jordan killed six soldiers on Tuesday in a remote desert area where hundreds have been held for screening for suspected links to the IS group. There was no immediate claim for the bombing but Jordan is a leading member of the US-led coalition fighting IS in neighbouring Syria ...
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Brexit vote close to a photo-finish
Bloomberg Britain’s referendum on European Union membership remained too close to call two days before the vote, with separate polls showing leads for both sides and billionaire investor George Soros warning of a slump in the pound should voters back Brexit. A YouGov poll of 1,652 voters for the Times newspaper published late on Monday showed “Leave†at 44 ...
Read More »UAE hospitality set to boom
Ritika Sharma / Emirates Business Despite speculations about a slower economy affecting various sectors, the tourism and hospitality industry in the UAE is expected to experience an escalating capacity and exponential growth in the coming months, experts affirm. UAE, which is home to over 200 nationalities, is among the top five countries in the world in regard to the ...
Read More »Tejar Dubai programme launches new commercial project in Hatta
Dubai / Emirates Business The Tejar Dubai entrepreneurship development programme, a Dubai Chamber of Commerce and Industry initiative, launched its 20th commercial project, Familia Emirati clothes store on Dubai-Oman Highway in Hatta recently. The new commercial project which is the 4th launched by Tejar Dubai this year has come as part of the entrepreneurship development programme’s efforts to support ...
Read More »Apple closer to open India stores after govt eases curbs
New Delhi / Bloomberg Apple Inc. may be closer to opening stores in India after the government eased onerous local sourcing requirements on retailers. The world’s second-most populous country on Monday announced the easing as part of a raft of measures intended to boost foreign direct investment and expand the leeway afforded multinational corporations. It loosened policies that require ...
Read More »Brexit race tight as murder upends campaign
London / AFP Britain’s referendum on European Union membership could go either way, polls indicated on Tuesday, after a day of tearful tributes to slain lawmaker Jo Cox whose brutal murder has overshadowed the campaign. The killing last week sparked accusations of hate-mongering in an already heated battle for votes before the momentous ballot on Thursday that could determine ...
Read More »DEWA receives ‘training initiative of year’ award
Dubai / Emirates Business Dubai Electricity and Water Authority (DEWA) won the Training Initiative of the Year Award from the Emirates Green Building Council, for the Carbon Ambassadors Programme. DEWA sponsors the programme to involve youth in environmental and sustainability issues. Dr Yousef Al Akraf, Executive Vice President of Business Support and Human Resources at DEWA, received the award ...
Read More »Ajman announces AED 75mn sewerage expansion projects
AJMAN / Emirates Business As a result of Ajman’s steady growth, Ajman Sewerage has announced the commencement of two strategic projects, which will enable the utility company to further expand its network coverage while increasing the overall capacity and safety performance of its wastewater collection and transportation system. The projects, which are worth AED 75 million, include the construction ...
Read More »With huge London footprint, US banks gird for Brexit vote
New York / AFP Two days before Britain’s referendum on breaking with the European Union, the largest US banks are preparing for a catastrophic scenario that could cost them billions of dollars. Amid the volatile atmosphere in Britain, the banks are outwardly keeping a straight face. “We are locked down on this,†said Michael Duvally, spokesman for Goldman Sachs, when ...
Read More »Etihad Cargo wins ‘airline of the year’ award in China
Abu Dhabi / Emirates Business Etihad Cargo, the freight division of Etihad Airways, has been successful at the Air Cargo Week Awards in Shanghai winning the coveted ‘Cargo Airline of the Year’ award. This is the second successive year that the airline has won the award, having collected it in Munich in 2015. The annual awards are voted by ...
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