Dusseldorf / DPA There’s a tremendous hullabaloo in the city concert hall as 1,000 primary school children aged between 6 and 10 chatter and laugh. But when the singing teachers step on to the stage and give a signal to each corner of the hall, silence descends in an instant. Moments later the hall resonates with the sound of ...
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A powerhouse of diversity
Our Correspondent EMIRATES BUSINESS Mulk Holdings is a multinational group of 20 companies with diversified business interests in manufacturing of Alubond USA brand of metal composites, interior and exterior design and fit outs, plastic industries, power generation, aluminium coil coatings, healthcare, real estate, commodities and solar energy. The company with its headquarters based in Hamariya Freezone Sharjah, UAE is ...
Read More »Health-boosting technology to serve your family
Our Correspondent EMIRATES BUSINESS As the summer heat in the Gulf region knocks fiercely on household doors, it mandates that families spend most of their time in the great ‘indoors’. A major concern often neglected or under considered is the quality of the air that looms within households. Numerous studies conducted over the past few years have indicated that ...
Read More »Non-oil sources key to Bahrain economic growth
Manama / TNS Bahrain’s future prosperity can be built around a three-point strategy of national economic development as Middle East governments take robust action to flourish in a new post-oil era, according to new analysis. A report, by PA Consulting Group, says the key for Bahrain and other GCC countries will be in developing human capital, developing economies and ...
Read More »Rajoy wins as Spain clings to establishment after Brexit
Bloomberg Caretaker Prime Minister Mariano Rajoy consolidated his position in Spain’s general election as voters backed away from insurgent political forces in favor of the relative security of the People’s Party. The outcome of Sunday’s voting confounded exit polls and suggested the electorate had shied away from the anti-establishment party Podemos at the last minute. With the U.K. engulfed ...
Read More »Contingency plans in place amid market volatility: Osborne
Bloomberg Chancellor of the Exchequer George Osborne said contingency plans were in place to shore up the economy amid ongoing market volatility as he sought to reassure financial markets after Britain’s shock vote to exit the European Union. Osborne, breaking a three-day silence, delivered a statement first thing Monday morning saying that he had been in contact with Bank ...
Read More »China ties boosted with new deals androutes: Rosneft’s CEO
Bloomberg Rosneft PJSC, the state-run crude producer that has helped turn Russia into the top oil supplier to China, aims to secure its hold by winning more clients and establishing new delivery routes amid increasing competition and stretched infrastructure. “We continue our work to strengthen our presence in China’s market,” Chief Executive Officer Igor Sechin said in comments sent ...
Read More »UK firms weigh job cuts post referendum
Bloomberg Some British companies are planning to freeze recruitment and are considering moving operations outside the United Kingdom following Britain’s decision to leave the European Union, according to a survey by a business group. An Institute of Directors poll of 1,092 United Kingdombusiness leaders found 24 percent of respondents plan to pause hiring plans, while 5 percent of companies ...
Read More »Hoarding cash in vaults more attractive after exit: Talanx AG
Bloomberg Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s third-biggest insurer. “Storing physical cash as an alternative to paying negative interest rates does look increasingly attractive,†CEO Immo Querner said in an interview. The aftershocks of the ...
Read More »The perfect cup of coffee costs $3,500
Bloomberg An espresso machine that can make anything from a concentrated ristretto espresso to a multilayered latte macchiato at the touch of a button. Price: Starts at $3,500 Why It’s Worth It: Because you can easily customize every aspect of your favorite drinks, your morning cappuccino can be perfect and easy. Enter the Jura Z6, which—in a very Swiss ...
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