Dubai / Emirates Business Eight Dubai Government entities joined hands to inspect 12 companies in the emirate involved in the illegal trade of diesel. The inspections occurred over a two-day period in Ras Al Khor Industrial Area in Dubai from which a number of trading companies and agents were penalised for numerous violations ranging from use of unsafe fuel facilities …

Dubai / Emirates Business Contemporary French jewellery house ‘dinh van’ opened its first mono-store at City Walk, Dubai on Wednesday. The brand has been a symbol for elegant, eclectic designs in the UAE after having a strong following in the region. Founded by Jean Dinh Van in Paris in 1965, the House of dinh van was born from the will …

Beijing / AFP Ratings agency Moody’s on Wednesday cut its outlook on China’s sovereign bonds from stable to negative, warning of increasing government debt and further capital outflows and questioning Beijing’s ability to implement economic reforms. The Chinese government’s fiscal strength has weakened with borrowing increasing across the economy and financial system and stress mounting in state-owned enterprises, Moody’s Investors …