Bloomberg Russian opposition leader Alexei Navalny was jailed for 15 days after the largest anti-government demonstrations for at least five years energized President Vladimir Putin’s critics as presidential elections loom. Navalny was imprisoned by a Moscow court on Monday after being convicted of disobeying police and fined 20,000 rubles ($352) for organizing an unsanctioned protest after more than 1,000 ...

  Abu Dhabi / WAM Emirati investments in the industrial sector amounted to AED112 billion in 2016, accounting for 86 percent of the total investments in this vital sector to the national economy, UAE Minister of Economy Sultan bin Saeed Al Mansouri has said. Ahead of the Global Manufacturing & Industrialisation Summit, GMIS, to be held on March 27-30 for ...

  Dubai / WAM The Emirate of Dubai is attracting a growing number of newly established Gulf companies, maintaining its competitive business and investment edge, according to statistics released by the Dubai Chamber of Commerce and Industry (DCCI) recently. In a statement to Sharjah-based Al Khaleej newspaper, Hamad Buamim, DCCI Director-General, said that up to 905 new Gulf companies joined DCCI ...

  Abu Dhabi / WAM Miyah – World of Water, an interactive installation illustrating the importance of global water sustainability, will debut at this year’s Mother of the Nation Festival taking place from March 26- April 4 on the Abu Dhabi Corniche. The installation aims to shed light on the value of water preservation while outlining its role in sustaining ...

  Dubai / WAM Over three million counterfeit products of more than 30 renowned brands were confiscated in Dubai within a week after Dubai Economy raided four warehouses in the emirate as part of its strategic focus to protect intellectual property and the rights of trademark owners and consumers. One of the warehouses had a stock of over one million pieces ...

  Bloomberg Like many Washington lobby groups, the US Travel Association was quick to congratulate the new president on his victory last November. “We are encouraged that Mr Trump’s extensive business and hospitality background … will make him a ready and receptive ear,” the trade organization said. Upon the Republican’s inauguration, the USTA’s chief executive, Roger Dow, pledged the industry ...

  Bloomberg BT Group Plc was fined a record 42 million pounds ($53 million) and ordered to reimburse another 300 million pounds to competitors after an investigation found the former phone monopoly failed to adequately compensate them for broadband service delays. The UK communications regulator Ofcom found a “serious breach” of rules in place to protect competitors who rely on ...

  Bloomberg Siemens AG says it’s going to continue to invest into its London and UK operations despite the “unclear” future following Britain’s decision to leave the European Union. Siemens UK Chief Executive Officer Juergen Maier, visiting Berlin with Rajesh Agrawal, London’s deputy mayor for business, said London specifically is an important part of the future for Europe’s largest engineering ...

  Bloomberg Dyson Ltd. continues to prove making high-priced vacuum cleaners is a lucrative and growing business. The closely held UK firm said total sales grew 45 percent in 2016, to 2.5 billion pounds ($3.12 billion), largely due to demand for a new line of battery-powered cordless cleaners. The models, first introduced two years ago and costing about 500 pounds ...

  Reuters Kuwait’s stock exchange will introduce a new equities benchmark next year after completing a reorganization of its listed companies into new market categories, the bourse’s chief executive officer said. Boursa Kuwait, as the exchange is known, will group companies in segments according to criteria including market capitalization and average daily traded volume as part of a program to ...