Abu Dhabi / Emirates Business The pragmatic approach of the UAE towards its allies and neighbouring nations has enabled the country to build strong relations and play a key role in finding solutions to regional and international issues, stated His Excellency Omar Al Bitar, UAE Ambassador to China, while addressing a lecture on the topic ‘UAE 7 Star Diplomacy’ ...

  Emirates Business According to EY’s latest Global Fraud Survey, Corporate misconduct — individual consequences, only 29% of executives in the Middle East recognize cybercrime risk, compared to 47% globally. The survey found that many respondents maintain the view that fraudulent activity is not their problem, despite recognizing the prevalence of the issue in their own countries. Michael Adlem, EY’s ...

  Reuters Corral Petroleum Holdings is committed to injecting $680 million into its Moroccan refiner Samir to try to reverse a decision placing it in liquidation, a lawyer for Corral said. Morocco’s sole refiner halted production in August due to financial difficulties then a court ruling in March placed it in liquidation and named an independent trustee to run it. ...