Sharjah / Emirates Business City Centre Sharjah, owned and operated by Majid Al Futtaim — the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa — will celebrate education and International Literacy Day in September. In line with ‘the year of reading’ initiative, the mall offers a range of education enhancing initiatives, culminating in ...

  Dubai / Emirates Business Xpress Money, one of the world’s most dependable money transfer brands, has partnered with Dubai based NGO SmartLife which is licensed by the Community Development Authority, Govt. of Dubai, to offer education support for the children of blue collar workers employed in the UAE. The initiative is spearheaded by Xpress Money’s Corporate Social Responsibility platform ...

  Ammar Enaya / special to Emirates Business As adoption of wearables becomes more mainstream in UAE, it brings added complexity to BYOD in an enterprise. One of the more interesting features of wearable tech is its ability to tether to, and control, smartphones over a remote connection. So even if wearables are denied access to enterprise networks, they may ...

  Bloomberg A two-month advance in U.S. equities ran out of steam amid signs investors are again growing skeptical of the long-awaited rebound in corporate profits. Stocks didn’t fall by much — at its close of 2,183.87, the S&P 500 Index slipped 0.01 percent over the five days — but that was enough to make it the second-worst week since ...

  Bloomberg Viacom Inc.’s controlling shareholders Sumner Redstone and Shari Redstone emerged victorious in a months-long legal battle to oust Chief Executive Officer Philippe Dauman, reaching a settlement that will see him leave the company with a $72 million severance package. Dauman will become non-executive chairman until Sept. 13, giving him an opportunity to present to the board a proposal ...

  Berlin / AFP Embattled automaker Volkswagen has been forced to suspend manufacture of the popular Golf model at its main production plant in Germany, a spokesman said on Saturday. But the decision by the car giant, locked in a legal battle with parts suppliers, will not affect its annual production target. Production of the Golf will be suspended “from ...

  Bloomberg The world’s worst-performing major currency of 2016 is starting to win some friends. Old Mutual Asset Managers Plc., which oversees 327 billion pounds ($427 billion), said it turned bullish on the pound after U.K. economic data signaled the country was resilient in the wake of the June vote to leave the European Union. Sterling bulls were immediately rewarded ...

  Hasakeh / AFP Syrian government warplanes were in the air again on Saturday over the flashpoint northeastern city of Hasakeh, despite a US warning against new strikes that might endanger its military advisers. In another escalation of the five-year war, regime planes this week bombarded positions held by US-backed Kurdish forces in the city fighting the IS extremist group. ...

  Kunduz / AFP Taliban militants on Saturday captured a district in northeastern Kunduz province, near the provincial capital where militants scored their biggest victory in 14 years last September. The militants, waging a bloody insurgency to topple the Western-backed Kabul government, have intensified their attacks nationwide and tightened their grip on the besieged capital of Helmand province southwest of Kunduz ...

  Washington / AFP US Vice President Joe Biden and Ukraine’s President Petro Poroshenko in a phonecall urged a speedy resolution to the conflict with pro-Russian separatists amid a spike in tensions with Moscow, the White House said. Biden and Poroshenko “expressed concern over the recent surge in fighting in eastern Ukraine, where ceasefire violations by combined Russian-separatist forces are at ...