August, 2016

• 20 August

  1,200 students enrol at AUS for Fall semester

  

    Sharjah / WAM More than 1,200 freshmen and their parents were welcomed to an orientation session held at the American University of Sharjah (AUS) on August 19. The event was aimed at enabling new students to gain a comprehensive understanding of the university and to familiarise them with life at AUS. The new students, who come from the top 20 ...

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• 20 August

  Doctors save new-born’s life in ‘rare, complex’ surgery

    Abu Dhabi / WAM Surgeons in Abu Dhabi successfully treated an Emirati newborn baby suffering from a rare congenital malformation of the intestine, which led to perforation of the small bowel, filling his whole abdomen with fluid which required immediate intervention to save his life. The case was diagnosed at the Fetal Medicine Unit of Danat Al Emarat Hospital, part ...

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• 20 August

  ENEC internship gives Emirati students a peek into N-energy

  

    ABU DHABI / Emirates Business Ten Emirati students have returned to the UAE from the South Korea where they gained invaluable hands-on experience, nuclear industry insight, and an introduction to Korean culture through the Emirates Nuclear Energy Corporation (ENEC) summer internship program, organized in partnership with KEPCO International Nuclear Graduate School (KINGS). The students from Khalifa University of Science, ...

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• 20 August

  City Centre Sharjah celebrates learning

  

    Sharjah / Emirates Business City Centre Sharjah, owned and operated by Majid Al Futtaim — the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa — will celebrate education and International Literacy Day in September. In line with ‘the year of reading’ initiative, the mall offers a range of education enhancing initiatives, culminating in ...

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• 20 August

  Xpress Money offers educational grants for kids

    Dubai / Emirates Business Xpress Money, one of the world’s most dependable money transfer brands, has partnered with Dubai based NGO SmartLife which is licensed by the Community Development Authority, Govt. of Dubai, to offer education support for the children of blue collar workers employed in the UAE. The initiative is spearheaded by Xpress Money’s Corporate Social Responsibility platform ...

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• 20 August

  BYOD could mean ‘bring your own disaster’

    Ammar Enaya / special to Emirates Business As adoption of wearables becomes more mainstream in UAE, it brings added complexity to BYOD in an enterprise. One of the more interesting features of wearable tech is its ability to tether to, and control, smartphones over a remote connection. So even if wearables are denied access to enterprise networks, they may ...

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• 20 August

  US stock rally sputters as S&P profit outlook dims

  

    Bloomberg A two-month advance in U.S. equities ran out of steam amid signs investors are again growing skeptical of the long-awaited rebound in corporate profits. Stocks didn’t fall by much — at its close of 2,183.87, the S&P 500 Index slipped 0.01 percent over the five days — but that was enough to make it the second-worst week since ...

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• 20 August

  Viacom saga comes to end with Redstones emerging victorious

    Bloomberg Viacom Inc.’s controlling shareholders Sumner Redstone and Shari Redstone emerged victorious in a months-long legal battle to oust Chief Executive Officer Philippe Dauman, reaching a settlement that will see him leave the company with a $72 million severance package. Dauman will become non-executive chairman until Sept. 13, giving him an opportunity to present to the board a proposal ...

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• 20 August

  VW suspends Golf production amid supplier standoff

  

    Berlin / AFP Embattled automaker Volkswagen has been forced to suspend manufacture of the popular Golf model at its main production plant in Germany, a spokesman said on Saturday. But the decision by the car giant, locked in a legal battle with parts suppliers, will not affect its annual production target. Production of the Golf will be suspended “from ...

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• 20 August

  Old Mutual goes bullish on pound as post-Brexit data surprise

    Bloomberg The world’s worst-performing major currency of 2016 is starting to win some friends. Old Mutual Asset Managers Plc., which oversees 327 billion pounds ($427 billion), said it turned bullish on the pound after U.K. economic data signaled the country was resilient in the wake of the June vote to leave the European Union. Sterling bulls were immediately rewarded ...

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