March, 2016

• 13 March

  Curtains fall on Abu Dhabi Aviation & Aerospace Week

  

  ABU DHABI / Emirates Business The inaugural Abu Dhabi Aviation & Aerospace Week (ADAAW) — held under the patronage of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, came to a close on Saturday, after being attended by thousands of participants, guests, and key industry stakeholders ...

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• 13 March

  A10 networks launches new line of products

  

  Dubai / Emirates Business A10 Networks, a leader in application networking and security, announced the worldwide availability of Thunder SSL Insight (SSLi), a standalone security product built on A10’s market-leading SSL inspection technology and ACOS Harmony platform. Lee Chen, CEO of A10 Networks, said “We are seeing increasing demand for A10’s proven SSL inspection technology. Customers are demanding a purpose-built ...

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• 13 March

  Kalyan Jewellers to foray into Qatar with 7 outlets

  Emirates Business Kalyan Jewellers, one of the most trusted and leading jewellery brands in the GCC and India, has announced its foray into Qatar. The company will make an emphatic entry by opening seven showrooms in Doha on a single day later in the month — marking the largest number of showrooms inaugurated in a single day in the company’s ...

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• 13 March

  Aficionados saddling up for an equestrian extravaganza

  

  Dubai / Emirates Business Passionate horse breeders, traders, professionals and enthusiasts across the region are gearing up for the 12th Dubai International Horse Fair, held alongside the 13th Dubai International Arabian Horse Championship, this month. Held under the patronage of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, the Dubai International Horse ...

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• 13 March

  Osborne warns of austerity as UK faces trying times

  

  Bloomberg U.K. Chancellor of the Exchequer George Osborne started the week of his eighth budget by warning that he must set out more austerity measures as economic conditions remain difficult. “My message in this budget is that the world is a more uncertain place than at any time since the financial crisis,” Osborne told the BBC’s “ Andrew Marr Show” ...

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• 13 March

  Chancellor plans to crackdown on UK off-payroll tax evasion

  Bloomberg U.K. Chancellor of the Exchequer George Osborne will use the budget he unveils on Wednesday to announce a crackdown on the use of personal-service companies to avoid taxes. The measures will require people hired off-payroll to pay employment taxes that are due, according to a government official briefed on the matter who declined to be identified in line with ...

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• 13 March

  Social democrat leaders to map EU’s future

  

  Paris / Bloomberg French President Francois Hollande hosted a dozen EU social democrat leaders who called for a relaunch of the European project to stop the growth of the far-right. Those attending the informal gathering included Italian Prime Minister Matteo Renzi, German Vice-Chancellor Sigmar Gabriel and Greek Prime Minister Alexis Tsipras who, representing the radical leftist Syriza party, was granted ...

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• 13 March

  German-born MP to lead ‘Leave EU’ push

  London / AFP A German-born lawmaker is taking over as head of one of the main campaigns pressing for Britain to leave the European Union, the group announced on Sunday. Gisela Stuart, an MP with the main opposition Labour Party, will take over from 1980s finance minister Nigel Lawson as the chair of Vote Leave. Meanwhile influential London Mayor Boris ...

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• 13 March

  ‘Brexit’ blues as plunging currency pounds UK vacationers

  

  Bloomberg Rachel Holdsworth has the “Brexit” blues. The 38-year-old London resident is anxious that her already expensive planned holiday to Norway is getting pricier with each passing day. The pound is sinking under the weight of worry that her fellow subjects will vote to quit the EU. “How much I pay will be entirely dependent on the exchange rate,” says ...

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• 13 March

  Strong USA, weak world picture challenges Fed

  

  Washington / AFP Federal Reserve policymakers will hold their finger away from the rate-hike trigger when they meet next week, analysts say, but chances are it could move a bit closer. Meeting after the European Central Bank cut interest rates on Thursday in the face of weakening eurozone economic growth and inflation, the Fed is expected to heed caution even ...

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