Dubai / Emirates Business The summer travelling season has kicked off with a bang and, with Dubai Airports reporting ever-increasing numbers of travellers month on month, drawing in an impressive 7.24 million passengers in March of this year, travel insurance providers are preparing themselves for the surge in claims. A recent survey found that as many as 80 per ...

  Emirates Business Hamdan Bin Mohammed Smart University (HBMSU) recently underscored the crucial role of smart learning in the contemporary world during the prestigious 11th eLearning Africa, the latest edition of the Africa’s largest key networking conference on technology-driven style of learning. HBMSU joined the prestigious event as a partner, held in Cairo, Egypt in accordance with its mission of ...

  ABU DHABI / Emirates Business Researchers from the Masdar Institute of Science and Technology have leveraged the unique capabilities of additive manufacturing — or 3-dimensional (3D) printing — to design strong, ultra-lightweight ‘architectured foam’ structures that have the potential to make vehicle bodies much lighter and stronger and improve water production and oil and gas operations. The novel foams ...

  DUBAI / Emirates Business The Startup Focus Program supports more than 3,400 startups worldwide, providing startups with free access to tools, support, and training to develop innovations on the SAP HANA Cloud Platform, and bring them to market in an ecosystem of 2 million people and 310,000 customers in 190 countries. The SAP Training and Development Institute launched the ...

  According to Czech Foreign Minister Lubomir Zaoralek, Russia is pursuing a “divide and conquer” policy in Europe by trying to boost the eurosceptic populists. “It’s regularly discussed,” Zaoralek told Financial Times. “We have no doubt Russia is finding ways to finance this.” Others before him have made similar allegations but, like Zaoralek, they have been unable to produce proof ...

  The world’s central banks are increasingly employing a controversial method to stimulate economic growth: negative interest rates. I’m convinced that this can be a valuable tool, but its power depends a lot on how it’s used. First, some context. A bond that promises to pay $1,000 in a year’s time is said to have a negative interest rate if ...

  Yuki Tatsumi SPECIAL TO EMIRATES BUSINESS On June 9, a Chinese People’s Liberation Army Navy (PLAN) frigate sailed near Senkaku Island. Although the naval vessel stayed in the contiguous zone, and therefore did not enter Japan’s territorial waters, this is the first time that a PLAN vessel came this close to the Senkakus, which are also claimed by China ...

  AFP Will he stay or will he go? That’s the question gripping India as speculation whirls about the future of central bank chief Raghuram Rajan, dubbed ‘rock star’ and ‘James Bond’. Rajan’s three-year term as Reserve Bank of India (RBI) governor ends in September and the Indian media is abuzz with predictions about whether he will be given a ...

  Bloomberg Brazil antitrust regulators approved Banco Bradesco SA’s acquisition of the local unit of HSBC Holdings Plc, adding a restriction that the buyer refrain from additional purchases for 30 months. Bradesco will also have to improve quality control, invest in worker training and disclose to its clients the local law that allows customers to switch banks, Cade, the antitrust ...

  AP Poland’s lawmakers have approved economist Adam Glapinski to be the nation’s new top banker. Glapinski succeeds Marek Belka, whose six-year term as head of the National Bank of Poland expired. The 66-year-old Glapinski is a member of the bank’s Monetary Policy Council and its board of managers, and is considered to be a moderate. He has vowed to ...