December, 2016

• 28 December

  Hi2, UTPS team up to protect SME innovations and patents

  

    Dubai / Emirates Business The Hamdan Innovation Incubator (Hi2) in Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, signed a memorandum of understanding with the United Trademark & Patent Services [UTPS] to support innovation among Hi2 members and provide them with a competitive intellectual …

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• 28 December

  Dubai Properties opens Shorooq Community Centre in Mirdif

  

    Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, celebrated the opening of a new centre anticipated to bring different experiences and opportunities to the elegant and upmarket Shorooq Community in Mirdif. The centre features key retail shops giving residents an array of options for dining, leisure, fitness and entertainment. A …

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• 28 December

  MoE inks pact with SEDD to share coop to boost business in Sharjah

  

    Sharjah / WAM The Ministry of Economy (MoE) and the Sharjah Economic Development Department (SEDD) have signed an agreement mandating the Sharjah department to represent the federal ministry to process applications for setting up branches for partnership businesses, limited liability companies and simple commandite companies and collect relevant fees. The agreement, which seeks to promote co-operation and sharing experiences and knowledge, was …

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• 28 December

  ADNOC and Al Masaood open Autoserv Centre in Abu Dhabi

  

    Abu Dhabi / Emirates Business ADNOC Distribution, in collaboration with Al Masaood, launched an Autoserv Centre at its Rabdan service station in Abu Dhabi’s Mushrif area. Managed by Al Masaood, vehicle owners in Mushrif visiting the Autoserv Centre can benefit from the expertise of highly skilled technicians who ensure the delivery of best-in-class, reliable services. Vehicle repair services offered …

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• 28 December

  ‘Books for All’ programme to foster culture of reading

    Dubai / WAM Dubai Holding, the global investment holding company, has launched its ‘Books for All’ programme, an initiative that aims to provide greater access to books for residents across the UAE. Launched in collaboration with Amal Education, the programme is aligned with the Reading Nation campaign, which was launched earlier this year as part of the Mohammed bin Rashid …

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• 28 December

  Making USA 1953 again

  

    It is axiomatic that if someone is sufficiently eager to disbelieve something, there is no Everest of evidence too large to be ignored. This explains today’s revival of protectionism, which is a plan to make America great again by making it 1953 again. This was when manufacturing’s postwar share of the labor force peaked at about 30 percent. The …

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• 28 December

  Why low rates failed to boost business investment

  

    If you applied for a mortgage in the past few years, you probably noticed that the record-low rates during much of that period were only available to a lucky few. Lending standards tightened a lot after the subprime fiasco. The torturous process — supplying the lender with triplicate tax returns, W-2s, character references and so on — was a …

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• 28 December

  Nestle CEO’s past may keep it from giving up sugar

    Risk is back on, so who needs chocolate? Nestle SA needs to roll with the times, and investors have a lot of optimism that its brand-new Chief Executive Officer, Ulf Mark Schneider, can produce a quick change of gear. He’s certainly got the right background, but the tactics Nestle needs aren’t in his DNA. Investors should tread cautiously. The …

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• 28 December

  World should lend an ear to North Korea’s defector

    A high-ranking defector of North Korean has said that president Kim Jong-Un is planning a ‘prime time’ nuclear weapons push in 2017. The development comes as Pyongyang wants to take advantage of leadership transitions in South Korea and the United States. As per the revelation made by Thae Yong-Ho, who fled his post as North Korea’s deputy ambassador to …

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• 28 December

  Asian non-bank borrowers face $76.4bn of dollar bonds

  

    Bloomberg Singapore’s commodities-related defaults could turn out to be the canary in the mine. Despite a modest rebound in resource prices, restructuring specialists including KPMG and Hogan Lovells Lee & Lee see more Asia-Pacific commodities and shipping companies being pushed into delinquency. Law firm DLA Piper said there could be choppy waters ahead on rising interest rates and President-elect …

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