Bloomberg US President Donald Trump’s attempt to pressure India on trade may be intended as a symbolic shot across New Delhi’s bow, but its inopportune timing threatens broader political consequences. The Trump administration notified Congress that it wants to scrap trade concessions for India, the largest beneficiary of the so-called generalised system of preferences that impacts $5.7 billion worth of ...
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March, 2019
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5 March
DIFC net profit hits AED323mn
DUBAI / Emirates Business Dubai International Financial Centre (DIFC) has cemented its position as the leading financial hub in the Middle East, Africa, and South Asia region (Measa) with a record-breaking 12 months that saw the centre reach new heights as it enters its 15th year of operations. The centre achieved strong financial performance with net profit increasing by 11% ...
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5 March
Cardiovascular diseases most common cause of death, disability in women
Dubai / Emirates Business Cardiovascular diseases are the most common cause of death and disability in women, and in women between the ages of 45 to 64, one in nine women develops symptoms of some form of cardiovascular disease. After age of 65, the ratio climbs to one in three women, according to the National Center for Health Statistics and ...
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5 March
DPSS issues statement on its functioning, future goals
Dubai / Emirates Business DPS Society (DPSS) is non-profit, non-proprietary, private, educational organisation established in the year 1949 in India. It is a world reputed society operating a total of 214 number of schools with 203 schools in India and 11 schools abroad. The society has been imparting exemplary education to the community for the past seven decades while baring ...
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5 March
Dubai shuts 13,948 social media accounts
Dubai / WAM The Commercial Compliance and Consumer Protection (CCCP), sector in the Department of Economic Development in Dubai (DED), closed down 13,948 social media accounts in 2018 as part of protecting trademarks and the integrity of e-commerce in line with the strategy to enhance competitiveness and sustainable business growth in Dubai. The accounts were closed after they were found ...
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5 March
Sanofi opens its new logistics hub in Dubai
Dubai / Emirates Business Sanofi, a global biopharmaceutical company focused on human health, inaugurated its new logistics hub in the region at Dubai Logistics District in the presence of Dr Amin Hussain Al Amiri, Assistant Undersecretary for Public Health Policy and Licensing at the UAE Ministry of Health and Prevention. One of the largest facilities of its kind in Middle ...
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5 March
UAE governs healthiest oceans in region
ABU DHABI / WAM With effective and timely action, the world’s most valuable resource – its oceans – could be saved. In creating a sustainable ocean economy, countries around the globe have a real chance at protecting their biodiversity and safeguarding their food and climate security. These were the key takeaways on day one of the sixth World Ocean Summit, ...
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5 March
Dubai tops Mideast region in ease of building permits
Dubai / WAM Dubai Municipality announced that 29,000 building permits were approved by the municipality in 2018, while 6,043 buildings were completed last year. Dawoud Al Hajri, Director-General of Dubai Municipality said that the total area of construction completed in 2018 was 100 million square feet, a six percent increase in Dubai’s urban construction sector compared to that of 2017. ...
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5 March
UAE ranks third in global logistics index
Dubai / Emirates Business United Arab Emirates ranks first in the region and third globally, after China and India, for a fifth consecutive year, according to the 2019 Agility Emerging Markets Logistics Index. In Agility’s 10th annual ranking of 50 leading emerging markets, a broad gauge of competitiveness based on logistics strength and business fundamentals, Gulf countries outperform most others. ...
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5 March
UAE public, private sector to have equal holidays
Dubai / WAM The UAE Cabinet approved public holidays for the public sector for the years 2019-2020, and granted the private sector equal official holidays, a total of 14 official public holidays. The decision aims at enhancing the balance between the two sectors and supporting the national economy in its various fields. The decision will contribute to streamlining work in ...
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