Uncategorized

Dubai Now is best govt mobile app of year

  Dubai / Emirates Business Dubai Now, Smart Dubai Government’s innovative app that features more than 50 smart services provided by 22 government entities, has won the ‘Best Government Mobile App of the Year’ category at the ‘.GOV Awards 2016’ held recently in Dubai. The award-winning app offers customers a set of service packages built to meet their needs and ...

Read More »

GMU admission sees scramble for seats

  Emirates Business Gulf Medical University (GMU) established in 1998, the most sought-after private medical university in the region located at Ajman, UAE recently announced that it had started inviting applications for the upcoming academic year. As soon as the announcement was made, the Admissions Department of GMU started receiving a flood of applications for the different medical courses conducted ...

Read More »

Brexit campaigner Gove denies ‘project lies’ claim

  Bloomberg Justice Secretary Michael Gove, one of the leaders of the campaign to get Britain out of the European Union, defended its assertions about the costs of membership as he was accused of running “Project Lies.” Appearing on a Sky News television special the night after Prime Minister David Cameron made the case for staying in the EU on ...

Read More »

German bonds seen outperforming with elections vexing investors

  Bloomberg German government bonds may gain next week along with the rest of the euro region’s core debt market as investors seek havens before unprecedented political events later this month. Britain’s referendum on its European Union membership and Spain’s repeat elections are approaching, and bonds from Germany, France and the Netherlands have been outperforming their peripheral peers in the ...

Read More »

Colombia’s economy grows at slowest pace since 2009 crisis

  Bloomberg Colombia’s economy grew at the slowest pace since 2009 in the first three months of the year as consumer confidence slumped and prices fell for the nation’s oil, coal and coffee. The weaker-than-expected result caused bond yields to drop as traders pared bets on further interest rate increases. Gross domestic product expanded 2.5 percent from the year earlier, ...

Read More »

Traders urge Fed to wait until December after job data stun

  Bloomberg For bond traders, the stalling U.S. job market means the Federal Reserve will probably lift interest rates just once this year, in December. The nation’s employers added workers at the slowest pace in almost six years in May, government data showed. The report fueled a surge in Treasuries, driving yields on two-year notes down the most since September ...

Read More »

War of words escalates as Clinton knocks Trump

  San Bernardino / AFP Hillary Clinton launched stinging criticism of Donald Trump, even suggesting her likely Republican presidential opponent wants to be America’s “dictator,” as she proclaimed she will be the Democratic flag bearer once California votes next week. President Barack Obama lent his voice to the denunciation, saying Trump’s aggressive posture towards immigrants, Muslims and women is “feeding ...

Read More »

UAE undergoes WTO trade policy review

  Geneva / WAM   The third review of the UAE’s trade policies and practices under the World Trade Organisation (WTO) began at the organisation’s office in Geneva and will last three days in the presence of fellow WTO member countries. The UAE delegation is headed by Sultan bin Saeed Al Mansouri, UAE Minister of Economy, in the presence of Ambassador ...

Read More »

DEWA to plan 1,000 MW of solar-power plants by 2030

  DUBAI / Emirates Business HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) announced that DEWA will launch Concentrated Solar Power (CSP) projects that will generate 1,000MW by 2030, to carry out the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler ...

Read More »

Turkey fumes over Germany’s Armenian ‘genocide’ decision

  Berlin / AFP Turkey on Thursday recalled its envoy to Germany and threatened consequences, in a furious reaction over the Bundestag’s decision to adopt a resolution recognising the World War I massacre of Armenians by Ottoman forces as genocide. Only one MP voted against and another abstained, as the German parliament approved overwhelmingly by a show of hands the resolution ...

Read More »
Send this to a friend