Abu Dhabi / Emirates Business The ‘UAE Summit of Marine and Maritime Leaders’ and the ‘Abu Dhabi Maritime Youth Summit for Empowering Emirati Youth Leaders in Maritime Domain’ have successfully concluded in Abu Dhabi. They were held under the patronage of HE Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, and Chairman of the Federal Transport …

  Dubai / Emirates Business Al Fajer Emergency Medical Services, the UAE’s first non-hospital training centre for medical professionals accredited by the American Heart Association, signed a MoU with Australia-based Fink Engineering, the global leader in Hyperbaric chambers. This key partnership has been announced at the first participation of Al Fajer EMS at the Arab Health Congress 2017, reputed for …

  Abu Dhabi / Emirates Business The UAE Space Agency will exhibit a range of cutting edge innovations and state of the art technology at the Global Space Congress – the region’s premier space event, which runs at The St. Regis Saadiyat Island Abu Dhabi on January 31 and February 1. The stand will include a 3D printing station which …

  Bloomberg Germany is cursed by its own economic strength. For eight years, the nation of 83 million people has been the euro area’s growth driver. Now it’s at the forefront of the currency bloc’s reflation, with price increases potentially exceeding 2 percent, and dissatisfaction with the European Central Bank has morphed into outrage. Critics and media are slamming the …

  Bloomberg A European proposal for a tax on financial transactions is trapped in limbo: financial realities won’t let it come to life while political opportunism is preventing a quick death. The tax initiative is being kept alive largely for domestic political reasons as German Chancellor Angela Merkel bids for a fourth term and France prepares for presidential elections this …

  CHICAGO / AP Shoppers in Chicago will soon have to pay a checkout tax of 7 cents per bag at all retailers in the city unless they bring their own bags to stores. The tax, which starts Wednesday, is the city’s latest attempt to cut down on the use of disposable bags, which are usually given for free at …

  Bloomberg It’s a good time to be Elon Musk. Shares of the billionaire’s Tesla Motors Inc. have surged 40 percent since December 1, putting the stock within reach of a 52-week high. The acquisition of SolarCity is complete. Musk’s sprawling Gigafactory is now producing battery cells. And the clean-energy evangelist has the ear of a surprising fellow in Washington: …

  Bloomberg President Donald Trump and Russian President Vladimir Putin pledged cooperation in fighting the IS, the two sides said, as they seek to ease tension after Russia’s invasion of Ukraine, its support for Syria, and allegations that Russian hackers sought to sway the US election. “The positive call was a significant start to improving the relationship between the United …

  SANAA / AP The US military said on Sunday that one service member was killed and three others wounded in a raid in Yemen targeting its local al-Qaida branch, marking the first-known combat death of a U.S. soldier under President Donald Trump’s new administration. U.S. Central Command said in a statement that a fourth service member was injured in …

  KUALA LUMPUR / AP Twenty-five, mostly Chinese tourists, were rescued on Sunday after spending more than a day drifting in Malaysian waters after their boat sank, officials said. Six of the 31 people on board were still missing Sunday evening, Shahidan Kassim, a minister in the prime minister’s department, told reporters in Sabah state. The boat’s captain and a …