October, 2016

• 27 October

  Dubai Chamber hosts ‘road safety’ seminar

  

    Dubai / Emirates Business As part of their ‘Be Responsible — Drive Safe’ campaign launched in 2014, the Dubai Chamber Sustainability Network in partnership with RTA and Roadsafetyuae.com, conducted a Road Safety seminar ‘The Role of Leadership in Fleet Safety Management’ at the Chamber premises. The seminar, organised by Dubai Chamber’s Centre for Responsible Business’s Sustainability Network Road Safety ...

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• 27 October

  SIBF’s professional plan to attract 350 global publishers, literary experts

  

    Sharjah / Emirates Business The Sharjah Book Authority (SBA) announced the completion of its preparations for the sixth edition of the Professional Programme, to be held as part of the Sharjah International Book Fair (SIBF). Taking place at the Sharjah Chamber of Commerce and Industry from October 30 to November 1, this key event in the international publishing calendar ...

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• 27 October

  RAK lifestyle lures AED1bn investment

  

    Ras Al Khaimah / Emirates Business Its multicultural community is a hallmark of the popular Al Hamra Village neighbourhood in Ras Al Khaimah, as leading market developer Al Hamra Real Estate Development reveals in its latest investor nationality statistics for its flagship community. According to Barry Ebrahimy, Head of Commercial for the company, the established community welcomed investors from ...

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• 27 October

  Measuring economic progress and prosperity

  

    Where are living standards the highest? You might think that’s an easy question to answer. Just take a country’s total income (in the United States, that’s now about $18 trillion) and divide by the nation’s population (U.S.: now about 320 million). The result is per capita income (now about $56,000 for every man, woman and child in America). Compare ...

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• 27 October

  China’s new debt-for-equity swap won’t work

    With its debts surging and growth sluggish, China has hit on a new strategy to revitalize its ailing economy. It’s the same as the old strategy. Only this time, it won’t work. Earlier this month, China’s State Council released guidelines for a new swap program, in which companies can exchange troubled debt with banks in return for equity. The ...

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• 27 October

  Obamacare will survive, with some manageable tweaks

    Next Tuesday will be the start of open enrollment for Obamacare’s state exchanges, which offer health insurance to the 7 percent of Americans who buy their own coverage. It’s an anxious moment for the program: Enrollment is expected to remain significantly less than originally hoped. Some insurers have pulled out of the exchanges altogether. And those that remain have ...

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• 27 October

  Business models must adapt to climate risks

    Former deputy head of the Bank of England’s Prudential Regulation Authority Paul Fisher has made an emphatic remark: Climate change could trigger the world’s next financial crisis. This should ring alarm for the policy makers. Fisher has warned that sudden repricing of assets due to climate change could hugely affect businesses across the globe. His comments come close on ...

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• 27 October

  Globalization looks like it has shifted into reverse

  

  There’s a backlash against globalization underway in many Western countries. Although Americans still say positive things about international trade and immigration, political candidates like Donald Trump and Bernie Sanders have gotten a lot of support for opposing both to a degree that would have been unthinkable a decade ago. Meanwhile, trade deals like the relatively innocuous Trans-Pacific Partnership are suddenly ...

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• 27 October

  Indian companies need to let their heirs breathe

  

    India’s Tata group of companies, which sells everything from salt to software, is known for being, well, old-fashioned. Genteel, even. It tries very hard to avoid any sort of controversy. That’s why the sudden removal of the group’s young chairman, Cyrus Mistry, and his replacement by his predecessor, Ratan Tata, is particularly startling. Apparently, not even Tata Sons Ltd., ...

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• 27 October

  Farmers have tech on their side. Weeds have evolution

    Some 12,000 years ago, with the invention of farming, humans started a war against weeds — and the weeds are still a step ahead. As farmers advanced from using hard labor to protect their crops to using chemicals and genetic engineering, the weeds survived thanks to the oldest weapon known to living things: evolution. Now, while scientists work on ...

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