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  Kiev / AFP Ukraine said on Tuesday seven of its soldiers had been killed and 14 wounded in “very heated” fighting that marked the bloodiest clashes with pro-Russian separatists in two months. The announcement — the highest daily death toll since Ukraine reported seven of its soldiers dying on May 24 — follows a flurry of talks between world ...

  Dubai / Emirates Business Careem — the region’s leading app-based booking service — has announced a strategic partnership with NEXT Future Transportation, Inc. to bring battery-powered, self-driving electric pods to the MENA region. The partnership comes in line with the announcement of the launch of the Dubai Autonomous Transportation Strategy, a new initiative aimed at making 25 percent of ...

  ABU DHABI / Emirates Business Using innovative technology to recycle palm tree waste into high quality wooden board products made locally, Talah Board’s sustainable business model can contribute to the reduction of wooden board imports to the UAE. In 2015, the UAE imported around 1.25 million cubic metres of wooden board products at a total cost of AED 1.6 ...

  Dubai / Emirates Business The pressure on the UAE and the rest of the GCC countries to focus on new low-energy architecture will increase over the next eight years as billions of dollars are ploughed into infrastructure development across the region, new research shows. According to a regional market study issued on Monday, spending on building exteriors will increase ...

  Dubai / Emirates Business Emirates NBD, the UAE’s largest lender, delivered a solid set of financial results with net profit up 12% to AED 3.7 billion. The healthy operating performance was helped by an increase in total income, driven by asset growth and higher core fee income, coupled with higher recoveries. Emirates NBD’s solid financial and operating performance, along ...

  RITIKA SHARMA / Emirates Business As ‘digital’ becomes a global trend and experts point towards the Fourth Industrial Revolution, UAE has emerged as a leader representing this transition. The latest Global Information Technology Report 2016 by World Economic Forum ranks UAE among top 30 countries in terms of Networked Readiness Index (NRI), making the visionary efforts of the nation ...

  ALKESH SHARMA / Emirates Business UAE’s construction and real estate sector is poised for sturdy growth over the next five to ten years, as the industry is exploring an already favourable Public Private Partnership (PPP) investment structure. However, at a time when many banks are shying away from giving easy loans, PPP model emerges as a boon in the ...

  Bloomberg Growing demand from oil refiners and the continued filling of strategic crude reserves in the face of domestic production declines will support crude buying by the world’s second-largest consumer, according to analysts from Energy Aspects Ltd. and ICIS China. Coal imports will continue to rise to help fill a supply gap left by a mining slowdown. “Crude buying ...

  Istanbul / AFP Turkey launched fresh raids and sacked almost 9,000 officials on Monday in a relentless crackdown against suspects behind an attempted coup that left over 300 people dead, as Western allies warned against reinstating the death penalty. President Recep Tayyip Erdogan has vowed to wipe out the “virus” of the putschists after facing down the coup bid ...

  Nablus / AFP Clashes erupted on Monday as Israel’s military demolished the home of a Palestinian accused of involvement in a February attack outside Jerusalem’s Old City that killed a policewoman, officials said. The family home of Bilal Abu Zeid in Qabatiya, in the north of the occupied West Bank, was destroyed by a bulldozer around 2:00 am (2300 ...