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  Berlin / AFP Germany’s parliament votes Thursday on a resolution that qualifies the massacre of Armenians by Ottoman forces as “genocide”, despite a strong warning from Turkey. Drawn up by the ruling left-right coalition and the opposition Greens, the resolution entitled “Remembrance and commemoration of the genocide of Armenians and other Christian minorities in 1915 and 1916” also carries ...

  BEIRUT / AP A wave of late night airstrikes pummeled the northwestern Syrian city of Idlib, killing at least 23 people, wounding dozens and trapping several under the rubble of their homes, opposition activists said on Tuesday. At least seven children were among those killed in the strikes, said the Britain-based Syrian Observatory for Human Rights, a monitoring group ...

  ALKESH SHARMA / Emirates Business Public-private partnerships (PPP) might be a comparatively new investment model, however, over the years it has been embraced in most of the corporate circles in the country. Fuelled by the government’s strong will and decision to diversify from an oil-based economy, PPP engagements — accounting to millions of dhirams — are presently evolving at ...

  Dubai / Emirates Business Dubai’s strategic vision for cruise tourism targets one million cruise passengers to visit the emirate per year starting 2020, revealed Sultan Ahmed bin Sulayem, Chairman and CEO of DP World and Chairman of Ports, Customs and Free Zone Corporation. The strategy was the focus at a meeting that brought together Sultan Ahmed bin Sulayem, Major ...

  RITIKA SHARMA / Emirates Business Cutting-edge latest technology in payments saw the light of day at the 2016 edition of Cards & Payments Middle East — the region’s largest payment and banking solutions gathering, which opened at the Dubai International Convention & Exhibition Centre. While on one hand, visitors explored how to recharge from a fuel station, on the ...

  Sharjah / Emirates Business A delegation from Knowledge without Borders (KwB), the Sharjah based cultural project, recently visited the Department of Punitive and Reformatory Establishments in Sharjah. On the agenda for the meeting was the effective rehabilitation of criminals through the habit of reading, with the aim being to successfully reintroduce them into society as model citizens. Headed by ...

  New Delhi / Bloomberg India may spend as much as $16 billion — over $1 billion more than initially estimated — on the nation’s first bullet train to elevate the entire railroad, a person with direct knowledge of the matter said. Land acquisition hurdles, as well as people and animals potentially wandering in front of carriages speeding at 350 ...

  Bloomberg Euro-area consumer prices failed to increase for a fourth consecutive month, highlighting policy makers’ struggle to stoke inflation despite multiple rounds of stimulus. Prices fell 0.1 percent in May from a year earlier, the European Union’s statistics office in Luxembourg said on Tuesday. That’s in line with the median estimate in a Bloomberg survey of economists and follows ...

  Bloomberg Treasuries have lost their edge over stocks as the U.S. economy expands enough to push the Federal Reserve toward raising interest rates. U.S. government securities stagnated for a second month in May, leaving them little changed for the second quarter. The S&P 500 Index of shares has returned 2.3 percent since the end of March, based on data ...

  Dubai / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, accompanied by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, visited the headquarters of Dubai Land Department (DLD). During his visit, HH Sheikh Hamdan toured the offices of the department and was briefed on the performance and functions of each ...