August, 2016

• 10 August

  Dubai to be springboard for floating homes

  

    DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...

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• 10 August

  Emirates NBD launches new payment service

  

    Dubai / Emirates Business Emirates NBD, one of the leading banking groups in the region, announced the launch of Emirates NBD Pay, a near-field communication (NFC) based mobile contactless payment service that enables customers to make in-store purchases instantly via their mobile banking app. The bank, a front-runner in digital and mobile banking solutions in the UAE, is the ...

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• 10 August

  Most holidaymakers buy ‘last-minute’ travel insurance

  

    DUBAI / Emirates Business Huge numbers of UAE citizens are risking missing out on valuable cover by neglecting to arrange their travel policies until the last hour, alarming insurance providers of the potential that holiday goers may not understand the value and necessity for these products to ensure a safe and happy vacation. In the midst of the Dubai ...

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• 10 August

  Curtains down for Dubai Cares’ programme in Ethiopia

  

      Emirates Business A Dubai Cares delegation led by Chief Executive Officer, Tariq Al Gurg visited Ethiopia for the closing of Dubai Cares’ Home Grown School Feeding (HGSF) program. The program, launched in September 2015, is a component of the philanthropic organization’s wider Enhanced School Health Initiative (ESHI) pilot program that is being implemented by the World Food Program ...

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• 10 August

  Foreign policy’s elite in a time of anti-elitism

  

    For 32 years, a group of Republican and Democratic foreign-policy experts has gathered here each summer to debate strategic issues facing the country. This year the bipartisan group had a strange imbalance: None of the Republicans was prepared to argue the case of the GOP nominee, Donald Trump. Trump would probably be pleased to know that he failed to ...

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• 10 August

  Trump campaign teeters on the brink

    Donald Trump did it again. He kicked up yet another controversy. This time over his reckless comments interpreted by some as a threat of violence against presidential campaign rival Hillary Clinton. Trump comment at a rally in Wilmington, North Carolina, about ‘Second Amendment people’ stopping a President Hillary Clinton from appointing judges has been blasted. He accused Hillary Clinton ...

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• 10 August

  Vivint Solar gets full marks for effort

  

    Vivint Solar was on fire. Think of this as a sudden flare rather than the start of a long, balmy afternoon, though. There’s no doubt the distributed solar-power company’s second-quarter results, released on Monday, took the market by storm. But context is all, and you don’t have to go back too far in Vivint’s history to get that context. ...

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• 10 August

  Emerging-markets debt mania threatens to burn out

  

    It’s hard to overstate the amount of money that has been rushing into the debt of developing nations. The biggest exchange-traded fund focused on emerging-markets bonds has almost doubled its assets this year, data compiled by Bloomberg show. Dollar-denominated debt of developing economies is poised for its best annual return since 2009. Yields on the debt have dropped to ...

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• 10 August

  UAE offers AED4.3 billion aid to Yemen in over a year

  

    Abu Dhabi / WAM The UAE offered AED4.34 billion (US$1.2 billion) in foreign aid to Yemen from April 2015 to July 2016 as part of its humanitarian and development aid to support the Yemeni people and its ongoing efforts to lay down the foundations for development, security, stability and peace in the Arab Republic of Yemen. The massive foreign aid ...

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• 10 August

  Al Tayer honours winners of 7th RTA Safety Award

    Dubai / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority (RTA) honoured sectors, agencies, firms and individuals selected as winners of the 7th RTA Safety Award 2015. The award, which is presented annually and recognises the best safety practices of all RTA processes, aims to honour the best consultant, ...

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