AP The number of Germans without jobs dropped slightly in August in seasonally adjusted terms, leaving the unemployment rate in Europe’s largest economy unchanged at 6.1 percent. The Federal Labor Agency said on Wednesday that the number of unemployed dropped by 7,000 in August over July, slightly more than the decline of 4,000 expected by economists. In unadjusted terms, ...

  Dubai / Emirates Business Rents on prime office assets across the MENA region continued to increase at around the same pace recording an average growth of 11.3% per annum in the year to Q2 2016 compared to 11.9% per annum in the year to Q1.This confirms the ‘2 tiered’ nature of the market across the region with demand for ...

  Dubai / Emirates Business Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, has successfully wrapped up its ‘Reading Corner’ installation at the 2016 edition of Modhesh World. The ‘Reading Corner’ by Dubai’ Culture’s Centre of Studies and Research, focused on inspiring children and young adults from across Dubai to pick up ...

  Emirates Business Azizi Developments, a leading UAE-based real estate developer with global reach into international markets, completed the official handover to owners of its Dubai-based property development – Azizi Yasamine Residence, in Al Furjan. Located just minutes away from the World Expo 2020 site, Azizi Yasamine Residence is a 12-storey property that boasts a mix of one to three-bedroom ...

  Dubai / Emirates Business IMG Worlds of Adventure, the world’s largest indoor theme park, opened its doors on Wednesdayfor the very first time. Wholly owned by the Ilyas and Mustafa Galadari Group and managed by IMG Worlds, IMG Worlds of Adventure is the first international mega-themed park to open in Dubai and will redefine the modern theme park experience ...

  By ordering Apple to pay 13 billion euros ($14.5 billion) in back taxes to Ireland, the European Union has created a somewhat farcical situation. Ireland doesn’t want the money, which amounts to more than four months’ tax revenue for the small nation, and the U.S., where the iPhone maker is headquartered, is on the tax-avoidant company’s side. European Competition ...

  One of the big debates in health care right now is whether to create a public option for health insurance. Most observers of Obamacare agree that the big problem is private insurers pulling out of health-care exchanges. That leaves smaller states with only one or two insurers participating, which kills competition in insurance markets and raises costs. Although there ...

  It’s been a tough summer for China’s movie business. In what’s usually blockbuster season, box-office sales declined for the first time in five years. In July alone, theater visits fell 15 percent. Things are looking especially grim for Chinese films: They’ve been underperforming foreign competition so badly that the government suspended a longstanding moratorium on summer Hollywood flicks intended ...

  The Transatlantic Trade and Investment Partnership (TTIP) between the US and European Union (EU) has apparently been hit by trust deficit and there are signs that will be dragged out. Germany and France have showed a joint front to oppose the proposed deal as it stands today. The most stinging remark came from France’s junior trade minister Matthias Fekl, ...

  I argued last week that the high cost of housing in cities such as New York and San Francisco has a bright side for the larger U.S. economy: As people who would like to live in these highly desirable but dauntingly expensive areas are priced out, they choose instead to settle in upwardly mobile communities that benefit from the ...