Dubai / Emirates Business Marka PJSC (DFM: MARKA), the first retail-focused listed company in the UAE, on Thursday released its audited full year 2016 financial results. For the 12 months ending December 31, 2016, the company reported total revenue of AED 294 million, an increase of 36.89 % over the full year results for 2015. The results revealed an ...

  Dubai / Emirates Business Mashreq Al Islami – the Islamic banking division at Mashreq bank, as part of its ongoing campaign to make a difference to the lives of the underprivileged, has tied up with Emirates Red Crescent to deliver its promise of the ‘contribute for good’ feature on its credit card. The bank, inspired by the UAE’s Year ...

  Dubai / Emirates Business Aster DM Healthcare, the Dubai based healthcare conglomerate, reported a healthy 2016-17 fiscal year led by its continued expansion and acquisition strategy. Over the past year, the group has expanded its network across GCC as well as India. Aster DM Healthcare also announced the closure of US$295 million, comprehensive group-wide credit facility with Axis Bank. ...

  MOSCOW / AP President Vladimir Putin on Thursday emphatically denied allegations of Russian meddling in the US presidential election and said Moscow would maintain hopes of improving relations while waiting for political infighting in Washington to stop. Putin also said he is ready to meet with President Donald Trump in Finland if that country hosts an Arctic leaders’ summit, ...

ANKARA / AP The United States and Turkey struggled on Thursday to resolve a deep dispute over the Kurdish role in the fight against the IS group, but appeared no closer to a resolution as US Secretary of State Rex Tillerson wrapped up his first trip to Turkey. As the US prepares an operation to retake the de facto IS ...

  BRUSSELS / AP NATO’s chief says the allies and Russia remain at loggerheads over the conflict in Ukraine but have exchanged briefings on their troop movements elsewhere in Europe to help ease tensions. NATO Secretary General Jens Stoltenberg said the “allies and Russia continue to have clear disagreements on the crisis in and around Ukraine.” Stoltenberg’s remarks came after ...

  GENEVA / AP The number of Syrians who have fled their country after six years of war has surpassed the 5 million mark, the UN refugee agency said on Thursday. UNHCR announced the milestone a year after participating countries at a Geneva conference pledged to “resettle and facilitate pathways for 500,000 refugees” from Syria — but that only half ...

  DUJIANGYAN / AP Failing eyesight, poor digestion, bad teeth, limbs no longer so limber: With captive giant pandas living longer than ever, the list of their physical and even emotional needs is growing. China, the pandas’ native home, is seeking to cater to those requirements with a special home for the old timers along with customized diets, exercise and other ...

  Bloomberg China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group Corp. and power generator China Datang Corp. to discuss a possible merger, according to people with knowledge of the situation. The talks are at an early stage and there’s no guarantee of a deal, said the people, who asked not to be identified as the information isn’t ...

  Bloomberg Signs of growing US fuel demand are propping up oil above $49 a barrel, with more refinery purchases seen helping ease a glut in American stockpiles. Futures in New York were holding gains after rising 2.4 percent on Wednesday, when US government data showed that gasoline inventories dropped more than expected. Additionally, refineries boosted the amount of crude ...