March, 2016

• 8 March

  Abu Dhabi air expo gets off to a flying start

  

  Abu Dhabi / Emirates Business The Abu Dhabi Air Expo 2016 began on Tuesday in a spectacular fashion with two Etihad Airways’ Extra EA 330 LT Trainer aircraft conducting an aerial ribbon-cutting during an acrobatic display at Al Bateen Airport, Abu Dhabi. The expo is just one event that is taking place during Abu Dhabi Aviation Week 2016, which runs ...

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• 8 March

  Mubadala, Boeing ink pact on research & development initiatives

  

  Abu Dhabi / Emirates Business Abu Dhabi-based investment and development firm Mubadala Development Company and Boeing [NYSE: BA] on Tuesday announced a new strategic agreement for collaboration on Research and Development (R&D) initiatives to further expand aerospace manufacturing capabilities in the UAE. The agreement spans over five years and will see Boeing join Mubadala’s existing R&D ecosystem in Abu Dhabi, ...

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• 8 March

  ‘Youth empowerment need of the hour’

  

  DUBAi / Emirates Business To coincide with International Women’s Day 2016 theme, du on Tuesday released poll results from the first ever Global Women’s Forum Dubai. During the event, which occurred at the end of February, prominent UAE female figureheads gathered at du’s Social Impact Hub and discussed social issues in the society. Youth empowerment topped the list, according to ...

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• 8 March

  Nissan Sentra marks big sales in the region

  

  Sunaina Rana / Emirates Business Nissan’s compact saloon, the Sentra, emerges as a highly competitive C segment to have an increase in its sales by one percent in 2015. The region has witnessed a fall in the sales of the C segment cars by 13 percent, but Nissan Sentra has appeared as a winner by increase in the sales by ...

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• 8 March

  ENOC launches photovoltaic panels at service stations

  DUBAi / Emirates Business Emirates National Oil Company (ENOC) has commenced a solar photovoltaic (PV) panel pilot project which aims to reduce carbon emissions and achieve over 50 percent savings in energy consumption at individual service stations. The project is being implemented at ENOC’s Dubai Media City filling station on Sheikh Zayed Road, as part of the rebuild scheme for ...

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• 8 March

  Saudi real estate acquisition in Turkey soars 70% in 2 years

  

  Jeddah / Emirates Business Investors from Saudi Arabia will have a unique opportunity to discover Turkey’s diverse real estate landscape and meet with leading local and international developers and market experts at the inaugural Cityscape Turkey exhibition, which will be held on March 24-26 at the Istanbul Congress Centre. The latest addition to the Cityscape portfolio of global events, the ...

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• 8 March

  USA commercial property prices drop for first time in 6 yrs

  Bloomberg U.S. commercial real estate prices dropped in January for the first time since 2010, a sign of weakening demand by investors after a six-year rally that pushed values to records. The Moody/RCA Commercial Property Price Index slipped 0.3 percent from December, Moody’s Investors Service said. The decline was led by office and industrial buildings, which each had a price ...

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• 8 March

  Off-campus college dorms now resemble spring-break hotels

  

  Bloomberg Two resort-style pools, with deckside cabanas. A beach volleyball court, professional-grade barbecues, and around-the-clock staff. Sounds like a good place for a college student to spend spring break—if she didn’t already live there. Purpose-built student housing such as the Stadium Centre apartments—the 710-bed complex described above, a short walk to Florida State University’s Tallahassee campus—has become increasingly upscale over ...

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• 8 March

  India goes all out to keep its women working

  

  Bloomberg ‘Bring your mother-in-law to work’ day, ‘take your baby on your business trip’ programmes; longer paid maternity leaves and subsidized day care — companies in India, especially multinationals and tech firms, are rolling out initiatives to keep women from dropping out of the workforce when they get married or have children. As India’s government also prepares to extend mandatory ...

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• 8 March

  China’s ‘iron hand’ loosing grip over pollution

  

  Bloomberg Embracing a groundswell of public outrage about toxic air ahead of annual legislative meetings last year in Beijing, China’s President Xi Jinping threatened to punish polluters with an “iron hand.” Fast forward a year, as delegates with China’s legislature meet again in the capital, and evidence suggests the iron hand may be loosening its grip, highlighting tension between the ...

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