Sharjah / Emirates Business The stage is set for the region’s most anticipated shopping and entertainment extravaganza during the holy month of Ramadan – the Ramadan Village 2016. The Ramadan Village 2016 was inaugurated on Thursday, by HE Abdalla Sultan Al Owais, Chairman Sharjah Chamber of Commerce & Industry. The opening was attended Saif Mohammed Al Midfa, CEO, Expo …

  Sydney / Bloomberg Australia’s coalition government will provide A$49.2 million ($36 million) to support struggling steelmaker Arrium Ltd., Prime Minister Malcolm Turnbull said. The funds will be spent on new machinery at two mines in South Australia to help Arrium remove waste materials from its iron ore, Turnbull said in a statement on Sunday. The equipment will enable Arrium …

  Bangkok / Tribune News Service The Commerce Ministry says it has found 15 companies in Phuket and two in Phang Nga in likely breach of the Foreign Business Act (FBA) for having a nominee structure in businesses reserved for Thais. In two cases, foreigners were allegedly using Thai identity cards illicitly. Sarote Suwattigul, deputy director-general of the Foreign Trade …