Dubai / Emirates Business Dubai International Financial Centre (DIFC), the global financial services hub connecting businesses and institutions with emerging market opportunities across the Middle East, Africa and South Asia (MEASA) region, on Saturday announces the addition of Geneva-based Pictet Asset Management, a leading asset management company for institutional clients. A subsidiary of the Pictet Group, Pictet Asset Management ...
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EEG mitigates 94 metric tonnes of CO2 emissions
Dubai /Â WAM In a nation-wide Can Collection Drive, the Emirates Environmental Group, collected on Saturday 6,250 kg of Aluminum Cans. Through this collection EEG has managed to mitigate 364 MTCO2 emissions and saved 589 cubic meters of landfill space. In its 20th year the Drive acts as a flagship programme to the Can Collection Campaign. The EEG organised and ...
Read More »Clinton faces FBI probe as race enters final 10 days
Des Moines / AFP Hillary Clinton embarks this weekend on the frenetic final 10 days of her White House campaign, determined to shake off renewed controversy over the FBI probe into her private emails. The 69-year-old Democrat—vying to become America’s first female president—is still the frontrunner to win the November 8 election over her Republican rival Donald Trump. Clinton has ...
Read More »Chinese vessels leave disputed shoal
Manila / AFP Chinese vessels have left the contested Scarborough Shoal in the South China Sea, a Philippine official said on Saturday, less than a week after President Rodrigo Duterte visited Beijing pledging closer ties. The firebrand leader used the trip to vaunt his move away from traditional ally the United States in favour of Beijing—which was previously at ...
Read More »Political concerns stopping North Korea flood aid
Beijing / AFP Political concerns over the North Korean regime are stopping vital relief aid from reaching the victims of a major flood there, the International Federation of Red Cross and Red Crescent Societies (IFRC) said on Saturday. Nearly 70,000 people are estimated to have lost their homes in disastrous flooding in North Hamgyong province in August and September ...
Read More »Spain on verge of ending 10-month political crisis
Madrid /Â AFP Spain turns the page on a 10-month political crisis on Saturday as lawmakers ready to vote the conservatives back in power, although at the head of a government with unprecedented opposition. Aided by divisions among his rivals, Prime Minister Mariano Rajoy is widely expected to win a crunch parliamentary confidence vote on Saturday evening which will see ...
Read More »Pressure on Myanmar over Rakhine abuses
Yangon / AFP Allegations that Myanmar soldiers are killing, raping and torturing villagers in Rakhine, a restive region that is home to the persecuted Muslim Rohingya, must be independently investigated, rights groups said. Northern Rakhine has been under a military lockdown since an attack on border guards three weeks ago left nine policeman dead. The government has blamed the ...
Read More »Thousands queue to pay respects to late Thai king
Bangkok /Â AFP Thousands of Thais streamed into the gates of Bangkok’s Grand Palace on Saturday as the public was granted its first chance to enter the throne hall where the body of late King Bhumibol Adulyadej is lying in state. Bhumibol, who died aged 88 two weeks ago, was adored by many of his subjects and seen as an ...
Read More »Pakistan sacks minister over ‘rift with army’
Islamabad / AFP Pakistan’s prime minister Nawaz Sharif on Saturday removed a key minister from his cabinet over a media leak that sparked a rift between his government and the powerful army, his office said. Pervez Rasheed, the information minister, was asked to step down over his alleged role as a source for the report, which said civilian officials ...
Read More »British Airways seeks US boost to help counter Brexit woes
Bloomberg British Airways is betting on a trans-Atlantic boost from the weaker pound to help offset the negative impacts of the U.K.’s Brexit vote. BA’s dollar bookings will be worth more following sterling’s near 20 percent decline against the US currency, while there’s scope for higher fares as US carriers rein in capacity, Willie Walsh, chief executive officer of ...
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