Alkesh Sharma / Emirates Business Creativity and innovation are the buzzwords around which the future economic plans and strategies of the United Arab of Emirates revolve around these days. UAE leadership announced a detailed plan worth over AED300 billion to become a “knowledge-based economy†and end dependence on oil for sustainable growth. “UAE is witnessing burgeoning corporate ecosystem where ...
Read More »Blog Layout
Emirates lures visitors with its sea charm
Ritika Sharma / Emirates Business After the desert safaris and picturesque road trips, increasing number of tourists are exploring the UAE waters to know the Emirates from a different angle. In recent years, there has been a rise in the number of ferry or jetty services as tourists demand more options to explore UAE. Offering a stimulating alternative to ...
Read More »Pink Caravan Ride reviews achievements
Sharjah / Emirates Business Pink Caravan Ride (PCR), the UAE breast cancer initiative that travels the emirates spreading awareness of and providing early detection for breast cancer, has held its annual Higher Steering Committee meeting to review its most recent activity. Taking place at Al Jawaher Reception & Convention Centre in Sharjah, the event discussed the results of the ...
Read More »Visa launches carpool drive ahead of Rio Games
Dubai / Emirates Business This week, Visa Inc. (NYSE:V), the exclusive payment provider at the Olympic and Paralympic Games, launched its most ambitious integrated global Olympic Games campaign in the company’s history. Marking a bold new direction in Visa’s marketing and communications, the “Carpool†campaign will air in the lead-up to, and throughout, the Rio 2016 Olympic Games — ...
Read More »EMAC adopts fast-track rules to hasten dispute resolution
Dubai / Emirates Business The Board of Trustees of the Emirates Maritime Arbitration Centre (EMAC), has adopted advanced global arbitration rules and is implementing special fast-track arbitration rules to ensure speedy decision-making and less time, effort and cost for all parties involved. The decisions were made during the Centre’s first official meeting at the Dubai International Financial Centre (DIFC) ...
Read More »UK, EU plunge into uncertainty post vote
LONDON / AP Britain has jumped. Now it is wildly searching for the parachute. The UK’s unprecedented decision to leave the European Union sent shockwaves through the nation and around the world, rocking financial markets, toppling Prime Minister David Cameron and even threatening the ties that bind the United Kingdom. Britons absorbed the overwhelming realization that their anti-establishment vote ...
Read More »23 killed in West Virginia floods, many stranded
Washington / AFP Flooding in the US state of West Virginia killed 23 people and stranded others who had to be plucked from rooftops and rescued from fast-moving waters, state officials said. “The damage is widespread and devastating. Our focus remains on search and rescue,†Governor Earl Ray Tomblin told a news conference after floods caused by a day of ...
Read More »2 die in California wildfire
LAKE ISABELLA / AP A deadly wildfire that roared through dry brush and trees in the mountains of central California gave residents little time to flee as flames burned dozens of homes to the ground, propane tanks exploded, and smoke obscured the path to safety. An elderly couple trying to flee from the flames were overcome with smoke outside ...
Read More »Oppn claims enough signatures for Maduro recall vote
Caracas / AFP Opposition leaders in Venezuela said they have finished the process of authenticating signatures on a petition to recall President Nicolas Maduro, and have enough to hold a referendum on removing him. “The number of signatures has clearly exceeded the minimum needed,†said Vicente Bello, coordinator for the referendum effort. Government election authorities now have 20 days to ...
Read More »Iceland elects new president under Brexit shadow
Reykjavik / AFP Iceland began voting in a presidential election Saturday, two months after the Panama Papers scandal tainted part of the political elite, with newcomer Gudni Johannesson seen clinching an easy victory. Polling stations opened at 0900 GMT, with 245,000 Icelanders eligible to cast ballots. Polls were to close at 2200 GMT, with the first results expected shortly ...
Read More »