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Smartworld signs investor pact with DQG

  Dubai / Emirates Business Smartworld, UAE’s leading systems integrator and next generation ICT services provider, has signed an investor partnership agreement with Dubai Quality Group (DQG) which will focus on mutual cooperation toward encouraging quality, business excellence, innovation, technology performance, and leadership in innovative technologies. The partnership aims to contribute to the vision of the National Innovative Strategy of ...

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National Media Council unveils new logo

  Abu Dhabi / WAM Dr Sultan Al Jaber, Minister of State and Chairman of the National Media Council, said that the Council was determined to raise the standards of the UAE media to newer heights in cooperation with the various media organisations in the country. This is part of NMC’s efforts to disseminate the UAE’s messages across the world, and ...

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City Centre Mirdif Carpark to undergo AED335mn expansion

  Dubai / Emirates Business Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, announced on Wednesday that as part of its commitment to enhance customer experience and convenience, the City Centre Mirdif Carpark will undergo a AED 355 million redevelopment set for completion in early 2018. The expansion will add ...

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China’s currency policy approaches breaking point

  In his first few weeks in office, President Donald Trump has ordered the U.S. to withdraw from the Trans-Pacific Partnership and confirmed his intention to renegotiate the North American Free Trade Agreement. The consensus is that it won’t be long before he turns his focus to China, which he calls a currency manipulator. China can weather such criticism, for ...

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A climate change economist sounds the alarm

  Some people who study climate change believe that addressing it later — when economic growth has made humanity wealthier — would be better than taking drastic measures immediately. Now, though, one of this group’s most influential members appears to have changed his mind. In the early 1990s, Yale’s William Nordhaus was among the first to examine the economics of ...

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Smartphones have an unexpected new rival

  Last week, an Indian government official announced that iPhones will start rolling off an assembly line in Bangalore by the end of April, targeted at local customers. It’s a big moment for Apple Inc., which is counting on India’s emerging middle class to make up for slowing sales in other markets. But don’t bet on the iPhone conquering India, ...

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How pharma can get Trump off its back

  Drug pricing is a conundrum for the country, and apparently for Donald Trump too. Last week, some pharma CEOs came out of a meeting with the new president believing he’d dropped his previously stated support for direct Medicare negotiation of drug prices. But at a press conference on Tuesday, Press Secretary Sean Spicer said Trump had not, in fact, ...

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The North Korean red line

The Cold War was waged and won in many places, including this beach city, home to the RAND Corp. Created in 1948 to think about research and development as it effects military planning and procurement, RAND pioneered strategic thinking about nuclear weapons in the context of the US-Soviet competition. Seven decades later it is thinking about the nuclear threat from ...

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India’s RBI has to choose its spice

  Goldman Sachs Group Inc. is forcing the Reserve Bank of India (RBI) to make a choice. The central bank will have to decide whether to let the masala bond market die slowly or gain new life in a different form than was envisaged when it allowed Indian companies to raise debt in rupees overseas. ReNew Power Ventures Private Ltd, ...

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One way for Trump to help small business

  At a meeting with small-business leaders this week, President Donald Trump pledged to do “a big number” on the 2010 Dodd-Frank Act, which he blamed for cutting off the bank lending needed for growth. “It’s almost impossible now to start a small business and it’s virtually impossible to expand your existing business,” he said. Trump is wrong about small-business ...

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