Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is hosting its largest ever group of travel trade professionals from Africa, during a six-day familiarisation trip aimed at positioning Dubai as a leading destination of choice. The familiarisation trip, which ends on June 7, has given over 300 senior management executives from 12 African countries ...
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MBRSC, UAEU to develop Emirati talent in space technology
Dubai / Emirates Business Within the framework of strengthening cooperation links with educational entities in the UAE, the Mohammed bin Rashid Space Centre (MBRSC) signed a Memorandum of Understanding (MoU) with the United Arab Emirates University (UAEU) in order to develop qualified national human resources to work in the space science and technology sector. The MoU was signed by ...
Read More »â€˜Leave’ takes Brexit poll lead as Major turns fire on Johnson
Bloomberg Campaigners to get Britain out of the European Union have moved into the lead, according to a YouGov poll that increases the pressure on Prime Minister David Cameron with less than three weeks until the referendum. The online poll for ITV’s Good Morning Britain programme on Monday put “Leave†voters at 45 percent and “Remain†at 41 percent, ...
Read More »VP launches Ramadan book campaign
Sharjah /Â WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, on Sunday launched a special Ramadan campaign in the UAE that aims to provide 5 million books for children in refugee camps and students in under-privileged schools across the world. The campaign will distribute two million books to children and ...
Read More »Kerry warns on South China Sea during Mongolia visit
Ulan Bator / AFP US Secretary of State John Kerry on Sunday warned Beijing against setting up an air defence identification zone (ADIZ) over the disputed South China Sea during a visit to Mongolia. Washington would consider the establishment of such a zone—which would require civilian aircraft to identify themselves to military controllers—â€a provocative and destabilising act,†Kerry said in ...
Read More »UAE non-oil growth surges to eight-month high in May
Dubai / Emirates Business The upturn in the UAE’s non-oil private sector regained some momentum midway through the second quarter, thanks mainly to a sharp expansion of output. Activity increased at the fastest pace in eight months during May, helped by a pick-up in new business growth. However, data pointed to areas of underlying fragility, as both employment and ...
Read More »Smart phones set to take over plastic money in UAE
ALKESH SHARMA / Emirates Business Financial dynamics are continuously transforming for good reasons in the UAE, which boasts of a much denser concentration of credit cards when compared with other countries in the Middle East. Plastic money has taken the society with a storm and has become regular norm of the daily life. However, economists believe that plastic money ...
Read More »Anger seethes over fish deaths in Vietnam
Hanoi / AFP Dozens of activists were detained in Vietnam’s two biggest cities on Sunday as they tried to hold protests calling for greater government transparency over a recent spate of mass fish deaths. Tonnes of dead fish and other marine life began washing up on central Vietnamese shores two months ago and continued to appear for two to ...
Read More »Swiss reject basic income, pay limit initiatives in plebiscite
Bloomberg The Swiss probably rejected two popular initiatives that constituted the latest threat to the country’s business-friendly environment. Voters dismissed a measure that would have reduced the pay of Swisscom AG’s chief executive officer by three quarters and also shot down a proposal to establish a universal basic income, according to projections broadcast on Swiss television SRF on Sunday. ...
Read More »Oil price plasters over OPEC rifts, for now
Vienna / AFP OPEC looks to be in a happier place with oil prices recovering, but its inability to agree an output ceiling to restrain the flow of crude betrays lingering divisions that could spell trouble ahead, analysts warn. Meeting in Vienna on Thursday, the Organization of the Petroleum Exporting Countries expressed confidence that the crisis of the past ...
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