May, 2016

• 2 May

  G7 moves to ensure energy efficiency

    The G7 energy ministers in Japan again reflected on the issue of power. They agreed on Monday to step up energy security and boost investment to counter price instability caused by the fall in crude oil prices. Ministers from Japan, Canada, Germany, Italy, the US, Britain and France and representatives from the International Energy Agency (IEA) and The International ...

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• 2 May

  China’s impressive auto industry

    Sara Hsu SPECIAL TO EMIRATES BUSINESS Despite China’s downturn, its automobile industry is performing well, as may be surmised from the enthusiasm generated at the Beijing Auto Show and, of course, sales statistics. Auto sales have been on the rise, growing 4.7 percent in 2015 from 2014, with passenger cars making up the lion’s share of purchases. Auto sales ...

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• 2 May

  Why currency markets appear out of whack

    Last year, a few influential voices urged the Federal Reserve not to raise interest rates out of concern that it would slow global growth and fuel financial disruptions. Fed officials listened politely, then hiked rates in December and subsequently paused. Given recent developments in the foreign-exchange markets, some of these voices may now be wondering if the Fed should ...

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• 2 May

  Australia-Japan defense ties run deep

  

    Recently, Australian Prime Minister Malcolm Turnbull announced that France had secured a $50 billion contract to build Australia’s new submarine fleet, confirming weeks of speculation that Japan had lost out in the three-way competitive evaluation. While the outcome is definitely a missed strategic opportunity to enhance Australia-Japan defense ties, an overemphasis on it also risks missing the broader story ...

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• 2 May

  Why the US should send Biden to Taiwan

  

    The inauguration of Tsai Ing-wen as president of Taiwan offers a unique opportunity for Washington to address two fraught issues in U.S.-China relations. First, sending an appropriate high-level American official to Taipei would signal U.S. commitment to the democratic security of Taiwan in the face of Beijing’s intensifying pressure. Second, it would elevate Taiwan’s status as a regional security ...

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• 2 May

  Building innovative trends in street food culture

  

    OUR Correspondent / Emirates Business Innovative food concepts, natural ingredients and a customer-focussed service environment, that’s what Doner Deli is all about. Ever since Hazem Elgendy and Mustafa Alrefaie founded their fast casual restaurant brand in 2014 in Dubai, it has quickly established itself as a synonym for authentic wholesome German street food across the UAE. Mustafa Alrefaie told ...

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• 2 May

  Offering sound investment opportunities

  

    Our Correspondent / EMIRATES BUSINESS Vendome International Property (VIP) is one of the most successful international real estate consultancy companies based in the Middle East that was founded by a French developer Laurent Bailet, back in 2010. The company is solely owned by the parent company, LB Creations, with head office in France. VIP has a strong background of ...

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• 2 May

  Dubai to host largest materials library

  

    Dubai / WAM The first materials library of its kind in the world is all set to open in Dubai this year. The pioneer project will be the first in the world accessible to both design related industries and the public. D-Town Library will have capacity to display thousands of materials — becoming the largest archive in the globe. ...

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• 2 May

  Phoenix Contact aims to surpass AED8.2bn in revenues in 2016

  

    Dubai / Emirates Business Phoenix Contact, an electrical engineering company recently released the company’s growth figures for 2015 and strategic growth plans for 2016. “We achieved our planned revenue growth of eight percent in 2015 and are therefore in a strong, secure market position,” stated Chief Executive Officer Frank Stührenberg at a press conference, expressing his satisfaction with Phoenix ...

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• 2 May

  du and Ticketmaster join forces to enhance customers’ experiences

  

    Dubai / Emirates Business In line with its steadfast mission to add life to its valued customers’ entertainment experiences, du has partnered with Ticketmaster to launch an exclusive discount offer. Now onwards, all du customers can enjoy 15 percent off main events’ tickets booked through the entertainment giant’s website, which was specifically created for du and will host tickets ...

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