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  Dubai / Emirates Business The latest Economic Impact Assessment report released by Dubai World Trade Centre (DWTC), revealed that the spend associated with large-scale exhibitions, trade events, conventions and conferences hosted at DWTC in 2015 has contributed AED 12 billion in retained value towards Dubai’s economy, equivalent to 3.1 percent of the emirate’s GDP (Gross Domestic Product). The 2015 ...

  Dubai / Emirates Business Dubai Land Department (DLD) recently announced the launch of the ‘Ejari’ smart application at the Dubai Real Estate Institute (DREI)’s forum for leasing and property management companies, at an event which was attended by DLD’s senior management and a number of senior managers, The new Ejari electronic platform is expected to make a quantum leap ...

  Madrid / AFP Spain’s ruling conservatives made a fresh push on Monday to form a government and unblock months of political paralysis after emerging stronger from another inconclusive general election. The Popular Party (PP) was the big winner of Sunday’s elections, the second in six months, which played out against a background of turbulence from Britain’s shock vote to leave ...

  Al-Qaa / AFP A string of suicide bombings early on Monday killed at least five people in a Lebanese village near the volatile border with war-ravaged Syria. The attack came just hours after the IS group on Sunday claimed responsibility for a suicide bomb that killed seven soldiers on Jordan’s border with Syria. Monday’s deadly blasts struck Al-Qaa, a predominantly ...

  Dubai / Emirates Business Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, has been announced as the winner of the Government Green IT Initiative of the Year 2016 at the .Gov Dubai & Northern Emirates Awards Ceremony. The prize recognises the Information Technology Department at Dubai Culture, for their ongoing work ...

  Beijing / Bloomberg China’s second- and sixth-largest steelmakers by output have entered restructuring talks, which analysts say could presage a merger that would create the nation’s biggest mill, and a company with the scale to rival the likes of ArcelorMittal SA. Trading was suspended in the listed units of state-run Shanghai Baosteel Group Corp. and Wuhan Iron & Steel ...

  New Delhi / Tribune News Service Asean countries will propose to the 16 member states of the Regional Comprehensive Economic Partnership (RCEP) to eliminate tariffs on 92 percent of trade in goods to promote economic integration of the grouping soon. Sirinart Chaimun, director-general to the Trade Negotiations Department, said although Asean countries wanted the agreement to be finalised by ...

  Bloomberg Caretaker Prime Minister Mariano Rajoy consolidated his position in Spain’s general election as voters backed away from insurgent political forces in favor of the relative security of the People’s Party. The outcome of Sunday’s voting confounded exit polls and suggested the electorate had shied away from the anti-establishment party Podemos at the last minute. With the U.K. engulfed ...

  Sanobar Sabah / Special to Emirates Business Shrinking employment opportunities across various sectors in the UAE are triggering greater interest in entrepreneurship, say experts and local entrepreneurs. This appears to be the case among nationals as well as expatriates. “People are inspired by the success of startups with disruptive business models, and by internet-powered businesses which have managed to ...

  Ottawa, Canada / AFP Canada, Mexico and the United States will look to dovetail their climate and other policies into a continental strategy when Prime Minister Justin Trudeau hosts Barack Obama and Enrique Pena Nieto on Wednesday. But Britain’s shocking vote to quit the European Union has also abruptly shoved itself onto the agenda of the summit, which the countries ...