PESHAWAR / AP In a scathing indictment of Pakistan’s treatment of Afghan refugees, a human rights group charged on Monday that the country is forcing hundreds of thousands of Afghan refugees back to their homeland, which is still beset by war and crushing poverty. It also said that a $400 stipend the United Nations refugee agency gives to refugees ...
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Arabtec drags down Dubai index, Egypt food makers up
Reuters A slump in shares of Dubai’s Arabtec dragged Dubai’s stock market lower on Monday after the builder reported a larger fourth-quarter net loss, while other markets were mixed. Dubai’s index dropped 1.8 percent, its largest single-day decline since October 2015, after Arabtec plummeted by its 10 percent daily limit having reported a net loss of 2.95 billion dirhams ...
Read More »Global stocks keep climbing as treasuries decline
Bloomberg Investors continued to add to reflation trades that were reinvigorated last week when President Donald Trump indicated details on his pro-growth policies were imminent. US stocks rose, the dollar strengthened and bonds retreated before data this week provide detail on the strength of US consumer prices. Speeches from a range of Federal Reserve officials will provide clues on ...
Read More »ADNOC to double sulphur production in UAE
Abu Dhabi / Emirates Business The Abu Dhabi National Oil Company (ADNOC) plans to capitalise on increased sulphur processing capabilities, by doubling production and targeting new markets in Africa, Asia, South America and Australia, according to Omar Suwaina Al Suwaidi, ADNOC’s Gas Management Director. During his keynote speech, today, at the inaugural Middle East Sulphur Conference, Al Suwaidi said ...
Read More »Solar Decathlon Middle East 2018 to be held at Al Maktoum Solar Park
Dubai / Emirates Business Saeed Mohammed Al Tayer, Vice Chairman of the Dubai Supreme Council of Energy (DSCE), and MD & CEO of DEWA, announced that the Solar Decathlon Middle East will be organised at the Mohammed bin Rashid Al Maktoum Solar Park. The announcement was made at a press conference at the World Government Summit in Dubai, where ...
Read More »OIC, Bupa Global launch new health plans for SMEs in Dubai
Dubai / Emirates Business Oman Insurance Company (OIC) and Bupa Global have launched on Monday a new range of tiered international private medical insurance (IPMI) plans, catered specifically to the needs of SMEs in Dubai. The new products are a result of extensive customer research, which revealed SMEs in the UAE want more flexible products with more cost-containment options ...
Read More »DSCD eyes talented Emiratis at career expo
Sharjah / Emirates Business Sharjah Department of Statistics and Community Development (DSCD) announced its participation in the National Career Exhibition 2017, which takes place from February 15-17 at Expo Centre Sharjah. During their participation at the forum, DSCD will accept CVs from candidates interested in employment with the department and use the opportunity to answer any questions they may ...
Read More »68 entities join SDG happiness initiative
Dubai/ Emirates Business As many as 68 private entities have joined the ‘Happiness Meter’ initiative developed by the Smart Dubai Government Establishment (SDG), which is a tool for measuring happiness in alignment with the Happiness Agenda. The agenda, which has been implemented under the supervision of the Smart Dubai Office (SDO), aims to explore and measure the sources of ...
Read More »The danger of an IS breakout
Michael Flynn, the national security adviser to President Trump, shows visitors a map predicting what will happen to the IS after its stronghold in Mosul is captured. It shows menacing black arrows reaching west toward other, future battlefronts in Iraq, Syria and beyond. That’s the worry that motivates the Trump administration as it plans strategy against the terrorist group: Rather ...
Read More »Leaving Greece in limbo helps no one
Greece is back in the news, for all the wrong reasons. Wrangling between the International Monetary Fund and the European Union threatens to prevent a bailout deal by the time euro-region finance ministers gather in Brussels on Feb. 20. Both sides should acknowledge the efforts Greece has made to boost tax revenue, sell off state assets and return the ...
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