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DAFZA adopts ‘corporate national responsibility’ approach

Dubai / Emirates Business As a proactive step to enhance the contributions of the business sector to overall development, the Dubai Airport Freezone Authority (DAFZA) recently developed a new and unique model of corporate governance based primarily on spreading the concept of ‘Corporate National Responsibility’ (CNR), a more comprehensive version of the ‘Corporate Social Responsibility’ (CSR) paradigm. The new model ...

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Wind and solar are beating fossil fuels with its ‘cheap’ label

Bloomberg While two years of crashing prices for oil, natural gas, and coal triggered dramatic downsizing in those industries, renewables have been thriving. Clean energy investment broke new records in 2015 and is now seeing twice as much global funding as fossil fuels. One reason is that renewable energy is becoming ever cheaper to produce. Recent solar and wind auctions ...

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China restricts trade with N Korea over nuclear tests

BEIJING / AP China has banned most imports of North Korean coal and iron ore, the country’s main exports, in a significant increase in pressure on the North under UN sanctions against its nuclear and missile tests. China buys an estimated two-thirds of impoverished North Korea’s exports, making Beijing’s cooperation essential for trade penalties approved by the UN Security Council ...

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