Ankara’s move to thaw tensions with both Tel Aviv and Moscow could counter the negative impact of terrorist attacks on Turkey’s tourism and economy, and end its current isolation. Tuesday’s attack on Ataturk airport in Istanbul came just as Turkey is rebuilding relations with Israel and Russia. Turkish Prime Minister Recep Tayyip Erdogan’s apology to Moscow prompted Russia’s President ...

    Mina Pollmann SPECIAL TO EMIRATES BUSINESS On June 23, British voters signaled their interest in leaving the European Union. The Brexit vote sent the Japanese yen shooting up in value, as risk averse investors turned to this traditionally “safe” currency. Japanese Prime Minister Shinzo Abe held an emergency meeting on Monday with the Bank of Japan (BOJ) and ...

    Overshadowed by the news of the British referendum on European Union (EU) membership held the same day, on June 23 Presidents Xi Jinping of China, Vladimir Putin of Russia, and Tsakhiagiin Elbegdorj of Mongolia signed a trilateral economic partnership agreement in Tashkent, Uzbekistan during the 11th meeting of the Shanghai Cooperation Organization (SCO). The agreement consists of 32 ...

  Abu Dhabi / Emirates Business UAE’s leading financial institution, Mashreq is in partnership with Arady Properties, an experienced Real Estate company set to launch the UAE’s first Qualified Investor Real Estate Fund which will be registered in the DIFC. The Sharia’h Compliant fund’s strategy will be the acquisition of select, income generating, diversified assets across the GCC with a ...

  Abu Dhabi / Emirates Business Designed to further enhance the passenger experience at Abu Dhabi International Airport (AUH), Abu Dhabi Duty Free has launched its website, www.ADDF.ae, to enable travellers to browse and shop online from where ever they are, prior to their arrival at the airport. The online store, which initially offers around 1000 of the most popular ...

  Sharjah / Emirates Business Souq Al Jubail, a project of Sharjah Asset Management property and the largest fresh produce market in Sharjah, has allocated a dedicated space for products designed by inmates of the Sharjah Punitive and Correctional Establishment. The move is part of the management’s efforts to boost partnership with government parties in the Emirate of Sharjah and ...

    Dubai / Emirates Business iMall, Sharjah’s newest mall, developed by Nice Home Real Estate — one of the leading real estate developers in the emirate of Sharjah — is all set to open its doors on June 30, with grand opening celebrations commencing on day one of Eid al-Fitr. Spread over a built-up area of 125,000 sq. ft., ...

  Istanbul / AFP Turkey on Wednesday pointed the finger of blame at IS extremists after a triple suicide bombing and gun attack at Istanbul’s main international airport killed at least 41 people, including foreigners. Witnesses described scenes of terror and panic on Tuesday evening as the attackers opened fire and then blew themselves up at the entrance to the ...

  Sydney / AFP A firebomb attack outside an Australian mosque while worshippers were at prayer was condemned on Wednesday by Prime Minister Malcolm Turnbull, with one Islamic leader calling it a “hate crime”. No one was injured in Tuesday night’s blast which destroyed a car parked outside a mosque and Islamic college in the Perth suburb of Thornlie. “It ...

  Beirut / AFP US-backed rebels advanced on a key IS group supply line between Syria and Iraq overnight, seizing a small airbase near the border, a monitor said on Wednesday. The New Syrian Army said the operation—launched on Tuesday—is aimed at the severing the supply line through the Albu Kamal crossing that links areas under IS control in eastern ...