North Korean leader Kim Jong-un did what he does best and made headlines around the world on Friday by ordering the military to be ready to use nuclear weapons at a moment’s notice. Following the UN Security Council’s vote Wednesday to hit Pyongyang with the strongest sanctions yet over its latest nuclear test and rocket launch, the dictator said the ...
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March, 2016
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7 March
China does away with trade targets
Many observers have already rolled their eyes as Chinese Premier Li Keqiang, at the opening of China’s National People’s Congress this Saturday, announced a GDP growth target between 6.5 and 7 percent for next year. The Economist, in a bold, tongue-in-cheek prediction that is almost certain to be correct, notes that on January 17, 2017, when we’ll learn of China’s ...
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7 March
ME homeland security market to double by 2020
ALKESH SHARMA / Emirates Business Homeland security has become one of the most imperative issues in today’s fast-zooming world. At a time when the world is facing dozens of crisis situations, making countries vulnerable to various threats, global economies are pledging to earmark enhanced budgets to ensure the safety of mankind as well as infrastructure. Treading the same trend, Middle ...
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7 March
Industry vouches for resilient cyber-system in aerospace
RITIKA SHARMA / EMIRATES BUSINESS Cyber threats constitute some of the major challenges that aviation and aerospace industry is facing globally. Industry experts put emphasis upon dealing with them by adopting a cutting-edge scientific outlook. “Aviation industry has seen so many transformations in the past few decades. Last few years have seen a fast progression in terms of cyber threats ...
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7 March
UAE cosmetic industry to grow in 2016
Sunaina Rana / Emirates Business The UAE has been witnessing a growth in the sale of the solution-orientated products. Consumers have been focusing in on the style and personal well-being, leading to the premiumisation trend within the sector. The cosmetic market in the region continues to be at a rapid growth in 2016, considering the inclination of the youngsters towards ...
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7 March
GITEX Shopper Spring gets smarter with new trends
DUBAI / WAM The region’s largest and most anticipated consumer IT and electronics show, GITEX Shopper Spring 2016 is set to return next month with even more fantastic offers and exciting deals across the broadest range of consumer tech products to date. Shopper Smart Living also returns for its second year – a dedicated section offering visitors the chance to ...
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7 March
New property laws to widen investment opportunities for expats
Emirates Business Industry experts have declared the new property law will benefit Abu Dhabi’s real estate growth and have called for a measured response over the impact of the potential oil output freeze. The effect of the recently implemented Regulation of Real Estate Sector in Abu Dhabi (the Property Law) on financing and mortgage enforcement will be one of the ...
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7 March
Celebrating their success
Women in the UAE have come a long way beyond expectations. They have made their mark in all the fields from flying aircraft, giving away court decisions and forming policies to spearheading businesses and proving that they are no less than their male counterparts. Women have played a major role in shaping the economy of this young nation. According to ...
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7 March
Gulf Petrochemicals and Chemicals Association marks a decade in industry
Emirates Business The Gulf Petrochemicals and Chemicals Association (GPCA) celebrated its 10th anniversary last week, marking a decade of networking, thought leadership and advocacy for the downstream hydrocarbons industry in the Arabian Gulf. Since the inception of the association in 2006, the GCC’s petrochemical capacity has more than doubled from 65.8 million tons, to 142.5 million tons in 2015. The ...
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7 March
India’s coming oil drought will dwarf China’s shortfall, opine analysts
Bloomberg Watching the development of India, there’s often an assumption the country will follow China’s path. For commodity exports, China “is not the only game in town,†Australia’s resources minister Josh Frydenberg said in a speech last month, citing forecasts of India’s burgeoning demand for power, steel, and coal. Here’s one area where the two countries could scarcely be more ...
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