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DAFZA showcases investment plans to 300 investors from USA, France

  Abu Dhabi / Emirates Business The Dubai Airport Freezone Authority (DAFZA) is showcasing its comprehensive corporate packages designed to drive regional and global business growth during its participation at Arab Health 2017, the latest edition of the Middle East’s largest healthcare exhibition and medical congress running from January 30 to February 2 at the Dubai International Convention and Exhibition ...

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MBRSC bids to host ‘Int’l Astronautical Congress’

  Dubai / Emirates Business Yosouf Hamad Al Shaibani, Director General of the Mohammed bin Rashid Space Centre (MBRSC), announced that the centre has submitted a request to the International Astronautical Federation (IAF) to host the 71st session of the International Astronautical Congress (IAC), which will be held in 2020, in coordination with the UAE Space Agency. Al Shaibani made ...

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DFSA to regulate loan-based crowdfunding for SMEs

  Dubai / Emirates Business The Dubai Financial Services Authority (DFSA) launched a consultation on its proposed framework for regulating loan-based crowdfunding platforms. The consultation is the first in a series of papers which set out the DFSA’s approach to the regulation of crowdfunding platforms and the financial technology (FinTech) industry within the Dubai International Financial Centre (DIFC). The DFSA ...

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Dubai gets ‘World Festival and Event City’ award

  Dubai / Emirates Business Dubai’s growing appeal as a destination for staging and attending events was recently recognised at prestigious awards, reflecting the combined efforts of the emirate’s public and private sectors to continuously expand and evolve the city’s offering across both business and leisure events, festivals, meetings and conferences. For the fifth time since 2011, Dubai was named ...

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Etihad introduces third daily flight to Bengaluru

  Abu Dhabi / Emirates Business Etihad Airways is launching a third daily flight on the Abu Dhabi – Bengaluru route, effective March 26. The triple daily schedule will provide greater choice to local passengers travelling between the two cities, and improved connectivity to destinations across the GCC, North America and Europe via the airline’s Abu Dhabi hub. The capacity ...

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Clash over Trump refugee ban brings firing of attorney general

  WASHINGTON / AP In an extraordinary public showdown, President Donald Trump fired the acting attorney general of the United States after she publicly questioned the constitutionality of his refugee and immigration ban and refused to defend it in court. The clash Monday night between Trump and Sally Yates, a career prosecutor and Democratic appointee, laid bare the growing discord and ...

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Militants say 20 soldiers killed, wounded in Sinai

  CAIRO / AP The local affiliate of the IS group in Egypt’s restive northern Sinai Peninsula says its fighters have killed and wounded 20 Egyptian soldiers in four days of fighting south of the city of el-Arish. In a statement released early Tuesday and posted on a pro-IS group website, the group said the fighting also resulted in the ...

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Iran refuses to confirm conducting missile test

  TEHRAN / AP Iran’s foreign minister is refusing to confirm that the country conducted a missile test, saying Iran’s missile program is not part of a 2015 landmark nuclear deal between his country and world powers. The White House said Monday it is studying the details of an Iranian ballistic missile test. Iran is the subject of a United ...

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UN children agency seeks $3.3bn in support in 2017

  GENEVA / AP UNICEF is appealing for $3.3 billion this year to help millions of children worldwide facing conflict, malnutrition and other humanitarian emergencies. The UN children’s agency says more than 40 percent of the appeal would provide funds for children either displaced within Syria or who have fled abroad to escape the country’s nearly six-year war. UNICEF said ...

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UN resumes airdrops to besieged Syrian city

  BEIRUT / AP The World Food Program says it has resumed food airdrops to the besieged Syrian city of Deir al-Zour. The U.N. agency said on Tuesday it was using a new drop zone after IS group militants took control of the primary zone two weeks ago. The extremist group laid siege Deir al-Zour in 2015, trapping Syrian government ...

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