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Twin blasts kill 57 in Homs

Beirut/ AFP A double bombing killed at least 57 people in Syria’s Homs on Sunday, as US Secretary of State John Kerry said a provisional deal had been reached on the terms of a ceasefire. World powers have been pushing for a break in fighting that was meant to go into effect by Friday, but have struggled to agree how ...

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UAE gives push to SMEs to shore up economy

Alkesh Sharma Emirates Business Small and Medium Enterprises (SMEs) are emerging as the lifeline of UAE economy. In 2014-15, the country registered its best economic performance in 44 years by growing its Gross Domestic Product (GDP) to AED1.47 trillion, thanks to 60 percent contribution from the SME sector. Giving a major boost to SMEs, Emirates’ financial institutions, including the major ...

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Arab world countries need major economic transformation: Experts

Ritika Sharma Emirates Business There is nothing more imperative for Arab leaders than creating job-generating economic growth and initiating formation of an Arab Economic Union. This thought reverberated during the launch of policy recommendations titled ‘Reconfiguring the Arab region and its global space beyond political economy and security threats’. The recommendations were drawn from Beirut Institute Summit held in Abu ...

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