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New Damas factory in Dubai

  Dubai / EMIRATES BUSINESS HE Sami Al Qamzi, Director General of the Dubai Department of Economic Development and Anan Fakhreddin, CEO of Damas, opened the Damas state-of-the-art production facility in Dubai on Wednesday. The factory opening represents a quantum leap in line with the company’s growth and market expansion strategy.

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Jebel Ali Free Zone starts business centre at Jafza One

  DUBAI / WAM Jebel Ali Free Zone (Jafza) launched a business centre at Jafza One, offering state-of-the-art office space to companies at competitive prices. Ibrahim Mohammed Aljanahi, Deputy CEO and Chief Commercial Officer of Jafza, inaugurated the business centre in the presence of Kory Thompson, Country Manager UAE, Oman and Kuwait. The centre, which is managed by Regus, a ...

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Rousseff stripped of presidency

  Beirut / AFP Brazil’s Dilma Rousseff was stripped of the country’s presidency on Wednesday in a Senate impeachment vote ending 13 years of leftist rule in Latin America’s biggest economy. Rousseff, 68, was convicted by 61 of the 81 senators of illegally manipulating the national budget. The vote, passing the needed two-thirds majority, meant she was immediately removed from office. ...

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