April, 2017

• 11 April

  Saifzone, Sheraa partner to empower accelerator teams

  

    Sharjah / Emirates Business Sheraa (Sharjah Entrepreneurship Center)- a launch pad for aspiring young entrepreneurs in the UAE – announced a partnership with Sharjah Airport International Free Zone (SAIF Zone) to support and empower its accelerator teams in their bid to create a successful commercial enterprise. SAIF Zone will be providing the accelerator teams with a discounted two-year free …

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• 11 April

  ERC’s ‘For you Somalia’ drive to help famine victims

    ABU DHABI / WAM The Emirates Red Crescent (ERC) launched a donation campaign in the UAE under the slogan “For you Somalia” to help the victims of famine in the country. This campaign follows the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and is supported by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice …

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• 11 April

  FBR Ajman to kick-off from April 17-18

  

    Ajman / Emirates Business Under the patronage of His Highness Sheikh Ammar Bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Executive Council, the third edition of Franchise Brands Retail (FBR Ajman) will be held at Emirates Hospitality Center-Ajman from April, 17-18. FBR Ajman will feature more than 100 local and international brands from various sectors …

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• 11 April

  Festival of Media MENA returns to Dubai on Apr 26

    Dubai / Emirates Business Building on the hugely successful second edition in 2016, the Festival of Media MENA is returning to Dubai on April 26 at the Waldorf Astoria on Palm Jumeirah. The third edition of this global conference and awards program will bring together senior level executives from the world’s biggest brands, marketing agencies and media houses to …

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• 11 April

  Experience America at the time of the Great War

  

    “War is the health of the state. It automatically sets in motion throughout society those irresistible forces for uniformity, for passionate cooperation with the government in coercing into obedience the minority groups and individuals, which lack the larger herd sense.” — Randolph Bourne (1886-1918) One hundred years ago, two events three days apart set the 20th century’s trajectory. On …

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• 11 April

  Church bombings call for united front against terror

    Twin suicide bombings struck two Coptic churches in the northern cities of Tanta and Alexandria in Egypt killing 44 people during Palm Sunday services. Hours later IS group claimed responsibility for the attacks on the Mar Girgis church in the Nile Delta city of Tanta and St. Mark’s cathedral in Alexandria. At least 27 people were reported killed in …

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• 11 April

  China insurance probe won’t halt firms’ overseas urge

  

    Xiang Junbo, the man on whose watch China’s insurance industry flourished, is now himself under investigation. As Bloomberg News reported over the weekend, China’s anti-graft agency is probing the nation’s top insurance official as the government steps up a bid to rein in financial risks. But with so many firms still hungry for returns and diversification, that shouldn’t slow …

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• 11 April

  Let Europe compete for London’s business

    The race is on. As Britain and the European Union begin to negotiate the terms of Brexit, Europe’s financial centers are jostling to lure banks, insurers and asset managers away from the City of London. When providers of goods and services compete for business it’s almost always good for their customers, and this new post-Brexit rivalry needn’t be any …

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• 11 April

  China finally stems outflows. Now what?

  

    Is China finally making headway in its battle against currency outflows? On the surface, yes: People’s Bank of China foreign exchange reserves are effectively unchanged since December at $3 trillion, and data for February released by the State Administration of Foreign Exchange showed a significant narrowing of net outflows of capital based on international bank settlements and sales. That’s …

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• 11 April

  $7trn hazard that lies beneath M&A boom

    With a bankruptcy filing looming, the Westinghouse Electric Co. nuclear business delivered one last stinging blow to Japanese parent Toshiba Corp.’s balance sheet in February: a 712.5 billion yen ($6.4 billion) goodwill writedown. But Toshiba probably won’t be the last big company to rue overpaying for assets. The global M&A boom has left a giant footprint on corporate balance …

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