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  Dubai / Emirates Business The United Arab Emirates (UAE) continues to serve as a hub for business innovation with a new study showing that the number of LinkedIn members noting entrepreneurship as their core job function nearly doubled in the past year. Moreover, the UAE is gaining the highest percentage of LinkedIn members identifying entrepreneurship as their job function ...

  NEW DELHI / Reuters Indian refiners have cleared part of the $6.4 billion owed to Iran for crude oil imports in euros through Turkey’s Halkbank, three sources privy to the payment said. This is the first payment to Iran by India since the lifting of Western sanctions against the Persian Gulf nation earlier this year and comes just ahead ...

  Kabul / AFP Afghanistan’s spy agency on Sunday said Taliban leader Mullah Akhtar Mansour was killed in a US bombing raid, the first confirmation from regional officials of his death, which marks a potential blow to the resurgent militant movement. The Taliban have not commented officially on the very rare American drone attack deep inside Pakistan on Saturday, authorised by ...

Vienna/ AFP Austrians voted on Sunday in a key presidential runoff which could usher in the European Union’s first extreme right-wing leader amid the continent’s worst post-war migrant crisis. A huge influx of asylum-seekers, growing unemployment and frozen reforms have left Austria deeply polarised and driven angry voters away from the centrist ruling coalition toward fringe groups. For the first ...

  Chittagong / AFP Thousands of Bangladeshis were left homeless on Sunday after Cyclone Roanu battered the impoverished southern coastal region, ripping apart flimsy houses and killing at least 24 people. The storm on Saturday ploughed through low-lying villages in the Chittagong and Barisal regions, where residents described seeing metres-high walls of water. Many Bangladeshis were returning safely home on ...

  RITIKA SHARMA / Emirates Business When a recent international report rated Abu Dhabi as 73rd best business tourism destination, a rank up by 35 places from last year, the UAE hospitality industry was the first one to rejoice. Not only does this rank affirm UAE’s position as a top business tourism hub, it also reflects the strong revenues that ...

  Abu Dhabi / Emirates Business Abu Dhabi Ports, the master developer, operator and manager of ports and Khalifa Industrial Zone (Kizad) in the Emirate, has announced the launch of the second phase of Kizad Logistics Park (KLP) — Non Free Zone warehousing. KLP has high-quality warehouses in Kizad’s logistics cluster and is set to become one of the leading ...

  Bloomberg Greek Prime Minister Alexis Tsipras braces for yet another vote on additional austerity measures, as European creditors remain at loggerheads with the International Monetary Fund about how much debt relief the country will get for its pain. Lawmakers in Athens were scheduled to vote Sunday night on an omnibus bill that includes measures ranging from the taxation of ...

  San Juan, Puerto Rico / AP Holders of bonds from Puerto Rico’s Government Development Bank are suing to challenge aspects of a debt-moratorium law that island officials say is crucial to maintaining essential services as the U.S. territory struggles under a nearly $70 billion debt load. The amended federal lawsuit filed late Friday in the U.S. District Court in San ...

  Bloomberg The electric-car revolution is here and Chile is looking to ramp up production of the lithium the industry needs for batteries. Or it would be, but for a bitter dispute between the government and the former son-in-law of a military dictator. After Chile’s government moved to withdraw its license to exploit one of the world’s largest deposits, Soc. ...