Dubai / Emirates Business The Board of Trustees of the Emirates Maritime Arbitration Centre (EMAC), has adopted advanced global arbitration rules and is implementing special fast-track arbitration rules to ensure speedy decision-making and less time, effort and cost for all parties involved. The decisions were made during the Centre’s first official meeting at the Dubai International Financial Centre (DIFC) ...

  LONDON / AP Britain has jumped. Now it is wildly searching for the parachute. The UK’s unprecedented decision to leave the European Union sent shockwaves through the nation and around the world, rocking financial markets, toppling Prime Minister David Cameron and even threatening the ties that bind the United Kingdom. Britons absorbed the overwhelming realization that their anti-establishment vote ...

  Washington / AFP Flooding in the US state of West Virginia killed 23 people and stranded others who had to be plucked from rooftops and rescued from fast-moving waters, state officials said. “The damage is widespread and devastating. Our focus remains on search and rescue,” Governor Earl Ray Tomblin told a news conference after floods caused by a day of ...