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The 2016 sovereign MENA art prize launched in UAE

  Dubai / Emirates Business The Sovereign Art Foundation launched its coveted Art Prize in the MENA region, the most prestigious art prize for contemporary artists, in association with START. Having executed 12 successful years of Art Prize events in Asia, most notably Hong Kong, this year the competition will arrive in the UAE for the very first time, culminating ...

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SMEs exempted from bank guarantees to bolster economy

  Abu Dhabi / WAM A new decree has been set by the Ministry of Human resources and Emiratisation to exempt small and medium-sized enterprises (SMEs) from bank guarantees by the beginning of October 2016. The new decree supports the initiation of fresh projects and classifies them within the ministry’s first category, according to the stipulated conditions. Saqr Ghobash, Minister of ...

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A reality check from America’s spy chief

WASHINGTON America’s top spymaster offered contrarian assessments of some key issues — warning against “hyping” the threat posed by the Syrian terror group Jabhat al-Nusra, cautioning against administration plans to share intelligence with Russia on Syrian targets, and questioning Turkish claims that last Friday’s coup was organized by a cleric living in America. Director of National Intelligence James Clapper made ...

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