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  DUBAI / WAM In a far-reaching move to tackle hazardous liquid pollution at its flagship Jebel Ali Port, DP World UAE Region signed a Memorandum of Understanding (MoU) with the Department of Planning and Development – Trakhees, the regulatory arm of Ports, Customs and Free Zone Corporation in Dubai, PCFC, to enforce the International Convention for the Prevention of ...

  ABU DHABI / WAM A student from the Masdar Institute of Science and Technology capitalised on the latest technological advances in computer science and signal processing to innovate one of the UAE’s oldest and cherished pastimes – camel racing. Recognising the novelty and potential commercial applications of the student-led innovation, Masdar Institute has filed a provisional patent with the ...

  London / WAM Dubai Electricity and Water Authority (DEWA) won the Cyber Risk Strategy of the Year award at the Global Risk Management Awards in London. The award was presented by The Institute of Risk Management (IRM) in the UK, a leading global organisation in setting risk management standards and recognising global best practices. Saeed Mohammed Al Tayer, MD ...

  Dubai / Emirates Business Credit card holders in Dubai and Northern Emirates will soon be able to settle their card payments in over 150 petrol and Zoom outlets, making it easier to pay their bills at any time of the day. The new service is initiated by Wall Street Exchange and the retail divison of Emirates National Oil Company ...

  New Delhi / Bloomberg Infosys Ltd. forecast better-than-expected sales growth this fiscal year, as India’s second largest software exporter captures new contracts for information technology services. Sales will rise between 11.8 percent and 13.8 percent in US dollar terms for the 12 months ending March, the Bangalore-based company said. That compares with the 10.5 percent to 12.5 percent median ...

AFP The International Monetary Fund said that the fiscal projections underpinning Greece’s proposals for moving ahead in its bailout programme are not realistic. Poul Thomsen, director of the IMF’s European Department, raised questions about the forecast that Greece could maintain a 3.5 percent budget surplus for years as part of its plan for debt relief from European Union creditors. “We ...

  Bloomberg There’s a slew of data out of the U.K. next week, some of it likely to show the economy is in good shape. Yet still currency strategists remain preoccupied with the European Union referendum in June and the potential for further losses in the pound. Data due April 20 will show U.K. unemployment remained at a decade-low of ...

  Bloomberg Volkswagen AG’s European first-quarter market share reached a five-year low as auto buyers snubbed the German carmaker’s efforts to resolve its emissions-cheating scandal and turned to models from BMW AG, Fiat Chrysler Automobiles NV and Daimler AG. Volkswagen’s brands, including mass-market Skoda and up-market Audi, accounted for 23.4 percent of new registrations in the three months ended March ...

Bloomberg The US is urging Russia to help halt an offensive by President Bashar Al Assad’s forces on rebel-held Aleppo, once the most populous city in Syria, warning that it’s putting an almost seven-week cease-fire under increasing strain. The Obama administration expressed its strong concerns to Russia, which committed to not participate in any attacks on groups which are adhering ...

  Dubai / WAM The 16th edition of the Dubai Derma Conference and Exhibition concluded on Thursday after three days of tremendous success with a consensus from all its visitors, participants, and speakers that Dubai Derma has surpassed all expectations and witnessed a great success. The event succeeded to attract over its 3 days 12,500 visitors and participants. Dr Abdul ...