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MBRF launches finance solution to spur start-ups

  DUBAI / EMIRATES BUSINESS The Mohammed Bin Rashid Fund (MBRF) in Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME) sector, announced the launch of a receivable finance facility through ‘Invoice/LPO Finance’ to help entrepreneurs launch their business projects without worrying about operating expenses or funds required to ...

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Shurooq lauds Sharjah-India ties during economic forum

  Sharjah / Emirates Business The Sharjah Investment and Development Authority (Shurooq) wrapped up its recent participation at the 2nd UAE – India Economic Forum 2016 (UIEF), which took place on October 19-20 at Madinat Jumeirah’s Mina A’Salam. Shurooq’s participation at UIEF, headlining as a platinum sponsor for its 2nd edition, resulted with a richer economic outlook on investments between ...

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Dubai to boost trade ties with Paraguay, Dominican Republic

Dubai / Emirates Business Paraguay and the Dominican Republic see tremendous opportunity to strengthen bilateral ties with Dubai and the UAE, especially in key sectors such as food, logistics and tourism. According to His Excellency Angel Barchini, Ambassador of Paraguay in Qatar and non-resident Ambassador to the UAE and GCC countries, Paraguay exports $40 million (AED 147 million) worth of ...

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Musanada begins construction of AED653mn Madinat Zayed-AlMarfa Road project

  Abu Dhabi / WAM The Abu Dhabi General Services Company (Musanada) announced that construction works have begun on the Madinat Zayed – Al Marfa road project, falling under the objectives of the Abu Dhabi Plan seeking to provide an effective transport system serving the community and economy. Part of Musanada’s efforts to realise the vision of President His Highness Sheikh ...

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NAMA to host ‘Women Economic Empowerment’ summit in 2017

  Sharjah / Emirates Business In what became one of this year’s most crucial announcements for global women’s economical empowerment, of Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, Chairperson of the NAMA, declared that NAMA will be organising the first edition ...

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Split your ticket

  There was a time when ticket splitting was common. Voters would support one party’s candidate for president and the other’s for Congress. At its peak in 1972, ticket splitters represented 30 percent of voters, reports political scientist Alan Abramowitz of Emory University. Since then, the practice has gone into eclipse. In 2012, only 11 percent of the electorate were ...

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E-mail isn’t really private, so think before sending

  I was in the middle of an e-mail to an old friend this week, and had written a sentence about a mutual acquaintance that was more than 50 percent positive but contained a snarky word or two. I paused. “Is that necessary?” I thought to myself. No, it wasn’t. So I deleted the sentence. Maybe it was the Neera ...

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The Philippines just blew up Obama’s Asia pivot

  Does anyone remember President Barack Obama’s pivot to Asia? The plan was to focus diplomatic and military assets in East Asia to contain a rising China. It was one of the reasons Obama said he was shrinking the American footprint in the Middle East. Well, the pivot is failing. On Thursday, the president of the Philippines, Rodrigo Duterte, announced ...

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CETA can be saved through mutual trust

  The EU-Canada Comprehensive Economic and Trade Agreement (CETA) took seven years of negotiations. But the proposed deal is on the verge of collapse in its final lap. As the Belgian region of Wallonia has refused to give it a go-ahead, the European Union (EU) leaders remain on tenterhooks. Canada’s patience is also running thin. On Friday, an emotionally-charged Canadian ...

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The liberal competition for the soul of economics

  In 2015, Forbes writer Adam Ozimek suggested that a “new liberal consensus” is forming in the economic-policy world. The data back him up. Many economics professors now tend to favor government intervention in the economy more than the general public. And the profession’s biggest public stars, from Paul Krugman to Thomas Piketty to Joseph Stiglitz, are now more likely to ...

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