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August 14, 2016 Stocks
Bloomberg Emerging-market stocks posted the longest streak of weekly gains since Russia’s Crimean invasion ended a similar run in March 2014, on signs corporate earnings are recovering as central banks extend measures to support economic growth. Chinese shares rallied the most in a month as property companies advanced on speculation merger deals will accelerate. Hungary led gains in eastern ...
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August 14, 2016 Gulf Stocks
Bloomberg Stock markets in Dubai and Qatar led an advance across most Gulf equities after oil, the region’s main source of income, posted the best week since April. Dubai’s DFM General Index advanced 1.2 percent, the biggest gain in almost a month, as Qatar’s QE Index added 0.9 percent. Bloomberg’s GCC 200 Index, a measure of the largest and ...
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August 14, 2016 Local News, Uncategorized
Dubai / Emirates Business Emaar Properties is offering an exclusive lifestyle choice in Dubai Creek Harbour, the 6 sq km master-planned development defined by the iconic new tower that serves as a magnificent beacon of positivity in the heart of the city, and only 10 minutes from the Dubai International Airport. Designed by renowned Spanish/Swiss neo-futuristic architect, structural engineer, ...
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August 14, 2016 Local News, Uncategorized
Abu Dhabi / WAM The National Health Insurance Company, Daman, announced that it reached three million members in its 10th anniversary this year. The latest membership figures indicated that the Abu Dhabi Basic Plan has reached around 1.5 million, with membership of ‘Enhanced’ health insurance plans reaching upwards of 720 thousand members. The Thiqa Plan, which was first launched in ...
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August 14, 2016 Local News
Dubai / WAM Dar Al Ber Society (DABS) contributed 226 blood pressure (BP) metres for poor and low-income patients in the emirate of Ras Al Khaimah. The move, part of the ‘Patient’s smile’ scheme, is meant to ease the suffering of destitute patients with chronic blood pressure and reduce the financial burden on their families. Ali Abdullah Al Shehi, Manager ...
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August 14, 2016 Local News
Dubai / Emirates Business The Mohammed bin Rashid Space Centre (MBRSC) announced the 2nd Annual EMM Science Workshop, which targets students, graduates and educational entities from various UAE universities. The workshop, which will be held on October 3 at The Westin Dubai, Al Habtoor City, will address the science of the Martian atmosphere, as well as various topics about ...
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August 14, 2016 Local News, Uncategorized
Dubai /Â WAM Google announced on Sunday the arrival of Fujairah in Street View, a feature by Google Maps that will allow users to view and navigate 360 degree street-level imagery of major streets across the city. Following Umm Al Quwain, Sharjah, Dubai, and Ajman, Fujairah is the fifth Emirate to be featured on Street View. Street View was launched ...
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August 14, 2016 International News, Uncategorized
London / Bloomberg The UK pledged to support British businesses and universities that receive billions of pounds a year from the European Union after the country leaves the 28-nation bloc. Projects approved before the government’s autumn budget statement will receive full funding, while the Treasury will make arrangements to assess guarantees for projects signed later, according to a statement ...
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August 14, 2016 International News
Bloomberg The UK may be a key ally of Denmark, but that doesn’t mean it should expect any favors from the government in Copenhagen when it negotiates its departure from the European Union. “Our objective is to make the best possible deal for Denmark,” Danish Foreign Minister Kristian Jensen told Bloomberg when asked about future Brexit talks. The small ...
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August 14, 2016 International News
Rome / AFP Italy is to seek a new deal with the European Union to allow it to kickstart its stalling economy with an expansionary 2017 budget, a government minister said. Economic Development Minister Carlo Calenda’s comments came three months after Rome was granted “unprecedented” leeway over its 2016 budget and warned by the European Commission that it should ...
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