June, 2017

• 12 June

  NAMA highlights achievements of of Emirati women

  

  Dubai / Emirates Business The spirit of giving across different generations and pillars was celebrated at the NAMA Women Advancement Establishment (NAMA)’s Ramadan gathering, which was held under the theme ‘The good begins and ends with you’ at Al Jawaher Reception and Convention Centre in Sharjah. Grandmothers, mothers and daughters took part in the event, which paid tribute to the ...

  Read More »
• 12 June

  UAE 2nd best in improvement of government’s e-services

  

  Dubai / Emirates Business The UAE has the second highest net perception of service improvement over the past two years globally and ranks first in terms of the highest levels of satisfaction for services in comparison to the private sector, with 39.5% more UAE citizens using these services more often according to The Boston Consulting Group’s (BCG) 2016 Digital Government ...

  Read More »
• 12 June

  Hilton, Miral to build resort on Yas Island

  

  Abu Dhabi / Emirates Business Hilton on Monday announced that Hilton Abu Dhabi Yas Island Resort will be part of the AED12 billion development plan announced by Miral for the southern end of Yas Island, in efforts to further position the island among the world’s most sought-after destinations by 2022. B.R. Kiran, Chief Portfolio Officer of Miral said: “We are ...

  Read More »
• 12 June

  Transguard Group annual turnover hits record AED1.9bn

  Dubai / Emirates Business UAE-based Transguard Group on Monday released its annual figures for the financial year ending March 31, which was another record year for the business support services provider, with a set of exceptional financial figures and operational milestones. According to the figures audited by PricewaterhouseCoopers, Transguard Group, generated revenue in excess of AED1.9 billion a 33% increase ...

  Read More »
• 12 June

  China’s coal giant awaits Rio response to Glencore’s offer

  

  Bloomberg China’s Yanzhou Coal Mining Co. is holding fire on a counter offer for Rio Tinto Group’s Australian coal assets as it waits to hear whether Glencore Plc has succeeded in trumping the deal it struck six months ago. Glencore Chief Executive Officer Ivan Glasenberg has submitted a proposal to buy Rio’s Coal & Allied unit in New South Wales ...

  Read More »
• 12 June

  China, Singapore vow trade cooperation in sign of warmer ties

  

  Bloomberg China and Singapore pledged to cooperate on trade and regional infrastructure projects, in a sign the countries have begun to repair ties strained amid security disputes in Southeast Asia. Chinese Foreign Minister Wang Yi and Singaporean counterpart Vivian Balakrishnan said on Monday in a briefing in Beijing they reached agreement to work more closely on China’s “Belt and Road” ...

  Read More »
• 12 June

  Economy must play role in verdicts, India top court rules

  

  Bloomberg India’s judiciary must consider the interests of the economy and examine the impact of its verdicts on jobs, the country’s top court said in a judgment that could help reduce stalled projects in Asia’s third-largest economy. “The court needs to avoid that particular outcome which has a potential to create an adverse affect on employment, growth of infrastructure or ...

  Read More »
• 12 June

  Macron secures grip on French assembly as old guard ejected

  

  Bloomberg President Emmanuel Macron expanded his control of French politics as voters put his party on track to a sweeping majority in the National Assembly in the first round of legislative elections, ousting establishment stalwarts in the process. The new president’s year-old party, Republic on the Move, won 32.3 percent of the vote alongside its centrist ally MoDem, more than ...

  Read More »
• 12 June

  Finnish PM moves to dissolve government

  Bloomberg Prime Minister Juha Sipila moved to dissolve the three-party ruling coalition after junior partner The Finns was taken over by its anti-immigrant wing, throwing into doubt the next steps in a process that has helped Finland battle back from an economic slump. The Finns’ shift to the right over the weekend was too much to stomach for Sipila’s Center ...

  Read More »
• 12 June

  Italy’s anti-Euro Five Star Movement suffers setback

  Bloomberg Italy’s opposition Five Star Movement suffered heavy setbacks in local elections on Sunday, dimming the party’s prospects of leading the national government after parliamentary elections next year. Five Star, led by former comedian Beppe Grillo, failed to make it to the second round of voting in Genoa, Palermo, Parma and Verona, according to projections. Centrist-oriented parties fared better in ...

  Read More »