Dubai / Emirates Business Celebrated annually on 15th August, Indian Independence Day commemorates the end of British rule in India. The occasion is marked with a national celebration of the spirit of unity, freedom, sacrifice and patriotism. To help a group of underprivileged workers in Dubai, who are living away from their families and home country, connect with the ...

  Bloomberg European stocks rose on Thursday as traders reacted to the outlook for US interest rates and some healthy post-Brexit data in Britain. Tokyo’s main index however sank as the dollar fell against Japan’s haven yen currency, hurting share prices of the country’s exporters. Wall Street meanwhile opened up with a slight boost from Wal-Mart Stores’ better-than-expected second-quarter earnings. ...

  Reuters Gulf stock markets were narrowly mixed in quiet trade on Thursday as petrochemical shares supported Saudi Arabia’s index but Qatar pulled back after a surge this week due to hopes for inflows of foreign funds. The Saudi stock index closed 0.1 percent higher as the petrochemical sector’s sub-index gained 1.1 percent after Brent crude oil futures hit a ...

  AFP Oil prices rose on Thursday with Brent briefly topping $50 thanks to a weaker dollar and a drop in US crude stockpiles, traders said. Brent North Sea crude reached $50.05 a barrel — breaching $50 for the first time since early last month. Later around 1230 GMT, Brent North Sea crude for delivery in October was up two ...

  Dubai / Emirates Business The first half of the 19th edition of Dubai Summer Surprises (DSS) has seen an upswing in economic activity across diverse sectors in the emirate from retail to hospitality, automotive to entertainment and financial services, as the region’s popular family extravaganza continues to further enhance Dubai’s position as the summer destination of choice. With special ...

  Dubai / WAM Dr. Hanif Al Qasim, Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, hailed the UAE’s contributions and achievements in the provision of humanitarian work in various countries and regions across the world, especially those witnessing natural catastrophes and armed conflicts. He also stressed the confidence of the international community and its operating organisations ...

  Dubai / WAM Emirates is set to upgrade its service between Dubai and Khartoum with the deployment of a larger Boeing 777-300ER on the route from September 1. The Boeing 777 will replace the current Airbus A340-300 and offer travellers on the route an enhanced on-board product experience and additional seats in Economy Class. Enhancements include an updated ice entertainment ...

  Dubai / Emirates Business Al Yasmina Academy, part of Aldar Academies, the UAE’s leading provider of private education, is celebrating its students’ best-ever A-level results. Among those finishing the final year of A-levels, 74% percent achieved one or more A* to B grades, a 10% increase over 2015. Meanwhile, 35% of pupils earned all A* or A grades, a ...

  London / AFP Retail sales in Britain, a key driver of the economy, rebounded 1.4 percent in July from June’s drop, official data showed on Thursday, indicating no immediate fallout from Brexit but analysts warn of a tough year ahead. Sales by volume rose far higher than expected following a 0.9-percent drop in June that had been caused by ...

  Bloomberg United Bankshares Inc. agreed to buy Cardinal Financial Corp. in an all-stock deal valued at about $912 million to expand in the Washington, D.C, region. The buyer will pay 0.71 United share for each Cardinal share, a price that represents 2.24 times Cardinal’s tangible book value as of June 30, the companies said Thursday in a statement. The ...