Brussels / AFP The European Union begun training the Libyan coast guard as part of efforts to curb the growing influx of irregular migrants from North Africa, EU foreign affairs head Federica Mogherini said on Thursday. “Today we are starting the training of the Libyan coast guard in Operation Sophia which is a very important step,” Mogherini said as she ...

  London / AFP The British pound rallied briefly on Thursday on brighter-than-expected economic growth data, while European stock markets sagged amid a dearth of eurozone news. Sterling bounced after official data showed that Britain’s economy grew by a better-than-expected 0.5 percent in the three months following the country’s refere- ndum in favour of exiting the European Union. The currency ...

DUBAI / Reuters Banking shares that had been beaten down earlier this month by fears of slowing global economic growth headed for a seventh day of gains on Thursday, boosting Gulf stock markets despite weakness in Asian bourses and oil prices. The Saudi bank sector has been strong since last week’s big international bond sale by the government partially eased ...

  New York / AFP US stocks were flat early on Thursday despite mostly solid earnings reports, including from Tesla Motors and Twitter, as well as Qualcomm’s $47 billion takeover of Dutch rival NXP Semiconductors. Tesla jumped 5.4 percent after it announced a surprise third quarter profit of $22 million as it touted new product launches and store openings. Twitter ...

  EMIRATES BUSINESS BlackBerry Limited (NASDAQ: BBRY; TSX: BB), a global software leader in securing, connecting and mobilizing enterprises, recently announced the latest in its series of most secure Android smartphones, DTEK60. As part of BlackBerry’s transition towards a device software licensing strategy – which allows it to focus on putting “the smart in the phone” — the DTEK60’s hardware ...

  Emirates Business The new shine collection by Swiss watchmaker RAYMOND WEIL is dressing up in different colours. Feminine, elegant and sensual, this model is the perfect timepiece to complement the demands of a modern lifestyle thanks to its unique patented system enabling the strap to be changed in seconds to match the colour of any outfit. The shine ladies ...

  ABU DHABI / WAM Abu Dhabi’s non-oil foreign trade through various customs ports was AED84.349 billion, registering an increase of AED59 million compared to the same period last year, according to the General Administration of Customs Abu Dhabi. The value of imports reached AED57.363 billion and exports reached AED17.305 billion, representing a 2.9 percent increase compared to the same ...

  ABYAN/ WAM The first phase of Ju’ar power station in Abyan Governorate, Yemen, has been inaugurated by the UAE as part of its massive humanitarian, relief and development initiative to alleviate the suffering of the people of Yemen. Abyan had been experiencing power outage for more than a year and half as a result of the destruction of the ...

  DUBAI / WAM Expo 2020 Dubai is to join a high-profile delegation at Dubai Week in China (DWIC) to build and reinforce strategic relationships and highlight the opportunities that the mega-event presents. A team from Expo 2020 Dubai will attend ‘Dubai Week in China 2016’ from October 27-29, which aims to promote trade between Dubai and China. Expo 2020’s ...

  KHAZER / AP Iraqi special forces have moved more than 1,000 people out of villages near the front lines of the battle to retake the IS -held city of Mosul and surrounding areas, where the UN says militants have committed a number of abuses in recent days, officials said on Wednesday. Special forces Maj. Gen. Haider Fadhil said residents ...