our Correspondent / Emirates Business Smartphones are becoming central to our lives not only for communication and gaming but also for shopping, entertainment and managing utility needs. Over 80% of UAE residents use a Smartphone and spend a significant amount of time with it. In lieu of the upswing, UAE based startup Digital Concepts launched a new mobile app called ...

Abu Dhabi / WAM Obaid Humaid Al Tayer, Minister of State for Financial Affairs, opened on Monday the first Arab Fiscal Forum – Fiscal Policy and Growth, in Abu Dhabi, held in co-operation with the International Monetary Fund (IMF). The two-day event is being attended by Christine Lagarde, Managing Director of IMF, Arab Finance Ministers, senior officials, experts from regional ...

Paris / AFP World oil prices are unlikely to rise from current levels before 2017, and even then their recovery will be slow as massive oil stocks feed into the market, the IEA said on Monday. “We must say that today’s oil market conditions do not suggest that prices can recover sharply in the immediate future—unless, of course, there is ...