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Obama makes call for unity at Dallas memorial

  Dallas, United States / AFP President Barack Obama implored Americans of all races to show more unity and understanding as he addressed an emotional memorial for five slain policemen in Dallas. The president, accompanied by First Lady Michelle Obama, leaned heavily on scripture as he ministered to a country stunned by gun violence and torn asunder by race and ...

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Stocks climb with copper as Brexit-induced volatility subsides

  Bloomberg Wherever you look in global financial markets, signs are emerging that the fallout from Britain’s vote to leave the European Union is under control. Global stocks rose a fifth day, reclaiming almost $4 trillion in value lost in the days following the U.K.’s referendum as speculation grows that central banks will boost stimulus at the same time signs ...

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Post-Brexit Britain wakes up to smell pricier cup of coffee

  LONDON / Reuters U.K. coffee drinkers should brace to pay more for their morning fix as domestic roasters start to pass on increased import costs after Britain’s Brexit vote. London’s small-scale producers, who help supply the capital’s taste for a quality roast, are facing a steep rise in the price of coffee beans after the pound slumped to the ...

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Gulf stocks benefit from EM inflows ahead of stimulus moves

  DUBAI / Reuters Gulf stock indexes benefited from fund inflows into emerging markets on Wednesday, with all advancing for a second day, as central banks in major global markets signalled the prospect of further economic stimulus. The Bank of England is due to have its first post-Brexit policy meeting on Thursday, where analysts are expecting the central bank to ...

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Dubai shares best practices towards circular economy

  DUBAI / Emirates Business Dubai Chamber Sustainability Network in partnership with Dulsco organised the ‘Open Source Circular Economy’ Days. Dubai is the only city in the region to be part of ‘OSCE Days’ among 70 other global cities. Industry experts from Dubai shared best practices with regard to efficiently recycling resources, collaborating with peers and thereby creating a new ...

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Al Fajer, Neon Energy to contribute towards sustainable future

    RITIKA SHARMA / Emirates Business The recent partnership of Neon Energy — a leading global provider of green energy solutions — and Dubai-based Al Fajer Group is successfully providing affordable integrated solutions in the renewable energy and energy efficiency sectors, the company CEO affirms. According to the top executive, this partnership is expected to make huge contributions in ...

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LiFi-driven solutions soon for healthcare

  DUBAI / Emirates Business UAE-based LiFi Company, Zero.1 is in the final development stages for HEALTHCARE4U, a revolutionary management system for the healthcare sector. The UAE healthcare market is projected to reach $19.5 billion (Dh71.56 billion) by 2020, achieving an annual average growth of 12.7 per cent, marginally higher than the GCC growth average. Light Fidelity (LiFi) is a ...

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Green Key accolade for TIME Hotels

  Emirates Business UAE-headquartered hospitality company, TIME Hotels Management, has added another environmental accolade to its achievements with the announcement of its first Green Key status for all hotels and hotel apartments across the hospitality groups’ portfolio. A leading international standard of excellence in the field of environmental responsibility and sustainable operation within the tourism industry, the Green Key award ...

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Emirates NBD announces winners of innovation programme

  DUBAI / Emirates Business Emirates NBD, a leading banking Group in the region, announced the winners of the 2016 GEMS Citizens of Tomorrow Innovation Competition, an initiative undertaken as part of Emirates NBD Group’s External Innovation program, in partnership with Emirates Islamic. Three winning teams received gift vouchers worth AED 5,000, AED 3,000 and AED 2,000 for first, second ...

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GCC wellness sector set to grow

  Ritika Sharma / Emirates Business Driven by demand, spa and wellness industry in the region is poised for a double digit growth in next two years, experts say. Coming years are expected to see a considerable rise of 19 percent in the region as far as the number of wellness brands or spas are concerned. UAE alone is expecting ...

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