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  ALKESH SHARMA / Emirates Business With an approximate annual growth of upto 5 to 10 percent, the Middle East has emerged as one of the record blossoming markets for yachts and boats globally. There has been a significant surge in buying of yachts, which has given a strong impetus to the manufacturing industry of yachts and boats in this ...

  Dubai / Emirates Business Veritas Technologies — the global leader in information management — has announced a set of solutions and services to help prepare organizations for the new European General Data Protection Regulation (GDPR) recently finalized by the European Union Parliament. Veritas Enterprise Vaultâ„¢ 12, Data Insight 5.1, Information Map and supporting services including the dark data assessment ...

  Bloomberg Britons eager to find out more about the pros and cons of European Union membership have a wealth of options this weekend, with campaigners for a “Leave” vote in next month’s referendum pledging a publicity “blitz” and their opponents promising “the biggest day of cross-party campaigning in U.K. political history.” Prime Minister David Cameron, opposition Labour Party leader ...

  Bloomberg After a week of warnings about the perils of Britain exiting the European Union, economic data next week may offer traders little reason to be bullish on the pound, the developed world’s worst-performing currency of 2016. For the period covering the June 23 referendum on EU membership, options traders are the most bearish on sterling since at least ...

  Caracas, Venezuela / AFP Embattled Venezuelan President Nicolas Maduro declared a three-month state of emergency late Friday to face “threats from abroad,” as his emboldened opposition geared for a vote to oust him from office. In an address to the nation, Maduro said he had signed a new state of emergency decree “to neutralize and defeat foreign aggression,” which he ...

  Dubai / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, and Matar Hamed Al Neyadi, Undersecretary for the Ministry of Energy, visited the Mohammed bin Rashid Al Maktoum Solar Park, along with the control-centre compound at Warsan. They were received by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), Mohammad ...

  Hanoi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, stressed that the UAE and the Socialist Republic of Vietnam are linked by distinct and friendly historical ties, based on a spirit of understanding and mutual respect and mutual desire to develop these relations and boost them for the benefit of ...

  Hanoi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Nguyen Xuan Phuc, Prime Minister of the Socialist Republic of Vietnam. During the meeting, HH Sheikh Abdullah conveyed the greetings of Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness ...

Aleppo, Syria / AFP The truce in Syria’s battleground city Aleppo expired on Thursday with no new last-minute extension, as a besieged town near the capital prepared to receive its first humanitarian aid in four years. World powers are to meet in Vienna next week to try to push faltering peace talks towards ending a five-year conflict that has killed ...

  ABU DHABI / Emirates Business Etihad Airways’ finance team has continued its winning streak by landing two key awards — for best treasury team and for securing a unique US$700 million bond agreement — from the Middle East chapter of the Association of Corporate Treasurers (ACT ME). Last year’s landmark finance transaction for Etihad Airways Partners’ (EAP), a brand ...