May, 2016

• 7 May

  Does Australia lack commitment to building up its cities?

    On Tuesday night, the Australian federal government delivered its budget for the forthcoming Australian financial year (1 July 2016 – 20 June 2017). The budget contained no dramatic announcements or big concepts. With an election to be held on July 2, and current polls indicating an erosion of its favorability, the conservative coalition government felt an inability to propose ...

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• 7 May

  Housing must be job no. 1 for London’s new mayor

  

    The bookies and polls called it correctly. Londoners chose the son of Pakistani immigrants as their next mayor over the Eton-educated heir to a family fortune. Now it will be up to Mayor Sadiq Khan to fulfil his promise to address the greatest source of London’s growing inequality: the city’s housing crisis. London housing is both expensive and scarce. ...

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• 7 May

  Machines will never put humans out of work

    Leonid Bershidsky It is now widely accepted that technological advances, especially ones that make machines more like humans — such as robotization or artificial intelligence — are putting people out of work and will only destroy more jobs in the future. The wealth will accrue to those who own the machines, not to what’s known as the middle class ...

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• 7 May

  Corruption, economic development and poverty alleviation

    Asit K. Biswas / Augustin Boey SPECIAL TO EMIRATES BUSINESS Corruption has probably existed since the dawn of human civilization. With a steadily increasing population, accelerating economic activities accelerating, and intensification of global inequalities, corruption has become increasingly commonplace and pervasive. Alan Greenspan, former Chairman of the Federal Reserve of the United States of America, has observed: “Corruption, embezzlement ...

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• 7 May

  Region’s largest auto aftermarket show opens doors today in Dubai

  

    Sunaina Rana / Emirates Business As the automotive industry vrooms into the lane of fast growing sectors in the region, the demand for automobile spare parts also soars high. Underlining the boost in the industry, exhibitors from around the world have come together on the same platform to exhibit their products at the region’s largest auto aftermarket trade show ...

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• 7 May

  Workshop on UAE’s information society

  

    Emirates Business The Telecommunications Regulatory Authority (TRA) hosted two major workshops outlining UAE’s success in building a dynamic information society along a set of related matters, such as digital security and students’ empowermentat the 2016 World Summit on the Information Society (WSIS) in Geneva, Switzerland. High-ranking government officials were invited to speak on national initiatives related to digital safety, ...

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• 7 May

  UAE hones skills in ‘Manga’ comic art

    Emirates Business The UAE Board on Books for Young People (UAEBBY) and Goethe —Institut Gulf Region concluded their ‘Manga’ comic art workshop recently at Al Jalila Cultural Centre for Children in Dubai (AJCCC). Aiming to develop the skills of Emirati talented illustrators in the field of Manga comic art, the workshop was held as part of the 5th edition ...

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• 7 May

  World Free Zones Organization to Kick-off 2nd Annual International Conference and Exhibition in Dubai Tomorrow

  

    Dubai / Emirates Business Dubai-based World Free Zones Organization (FZO) will kick-off its 2nd Annual International Conference and Exhibition tomorrow (May 9) under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Titled ‘Global Value Chain: Opportunities for the Free Zone of the Future’, the ...

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• 7 May

  Middle East airports look to a ‘smart’ future

  

    ALKESH SHARMA / Emirates Business Huge investments in aviation sector in the region, especially in the UAE, will steer the Middle East smart airports market to surpass $850 million within the next three years. Revolutionary concept of smart airport, driven by latest marvels of technology and applications, is all set to enhance traveller’s experience in a big way. The ...

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• 7 May

  Sobha Group unveils luxury show villas

  

    Emirates Business Sobha Group — the leading luxury real estate developer — has unveiled its luxury show villas at its eight million sq.ft Sobha Hartland project to the public. Sobha Group revealed the ultra-contemporary villas which will be on offer to prospective buyers at the mixed-used waterfront development in Mohammed Bin Rashid Al Maktoum City and beautifully set within ...

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