August, 2016

• 15 August

  Livestreaming apps beyond Facebook Live

  

    AP Live video is growing more popular as a way for families to share big moments with faraway loved ones and for artists and athletes to connect with fans. Livestreaming has also made the news in recent weeks as House Democrats used Periscope to broadcast a sit-in over gun control after the Republican majority cut off television cameras. It ...

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• 15 August

  Pakistan rock climbers scale new heights

  

    AFP A dozen young men and women stand before a rock face on the outskirts of Islamabad, challenging and cheering each other on as they take turns scrambling up the limestone in front of curious onlookers. The country has long been a magnet for mountaineers, drawn by the grandeur of regions like Gilgit-Baltistan, where three of the world’s greatest ...

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• 15 August

  Inside the world of concours

  

    Relaxnews What makes a car go from collecting dust and rust to becoming collectible? Is it rarity, performance, aesthetics, pop culture clout or is it really all down to individual taste? For the world’s oldest carmakers, the definition is simple. “When a car has been out of production for 10 years we define it as a classic,” explains Jaguar’s ...

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• 14 August

  UAE leaders greet Pak President on I-Day

    ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, sent a congratulatory cable to the President of the Islamic Republic of Pakistan, Memnon Hussein, on the occasion of his country’s Independence Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin ...

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• 14 August

  DFG sells stake in EFG-Hermes

    DUBAI / EMIRATES BUSINESS Dubai Financial Group (‘DFG’), a subsidiary of Dubai Group, has sold its 11.8% interest in EFG-Hermes Holding Company S.A E (“EFG”) to Natixis Group (“Natixis”). A European banking leader, Natixis has an extensive international presence with offices in Europe, the Americas, Africa, Asia and Australia. Fadel Al Ali, Chairman, Dubai Group, commented: “The sale of ...

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• 14 August

  Julphar records AED133.8mn profit

    RAS AL-KHAIMAH / WAM Gulf Pharmaceutical Industries, Julphar, announced sales revenue of AED759.7 million in the first half of this year. The company posted a gross profit of AED465.7 million and its net profit for the period was AED133.8 million. Dr Ayman Sahli, Chief Executive Officer at Julphar said, “We have accomplished significant progress. We have launched the real-time ...

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• 14 August

  Emerging stocks extend rally as earnings buttress stimulus bets

  

    Bloomberg Emerging-market stocks posted the longest streak of weekly gains since Russia’s Crimean invasion ended a similar run in March 2014, on signs corporate earnings are recovering as central banks extend measures to support economic growth. Chinese shares rallied the most in a month as property companies advanced on speculation merger deals will accelerate. Hungary led gains in eastern ...

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• 14 August

  Gulf Arab stock markets rise after crude’s best week since April

  

    Bloomberg Stock markets in Dubai and Qatar led an advance across most Gulf equities after oil, the region’s main source of income, posted the best week since April. Dubai’s DFM General Index advanced 1.2 percent, the biggest gain in almost a month, as Qatar’s QE Index added 0.9 percent. Bloomberg’s GCC 200 Index, a measure of the largest and ...

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• 14 August

  Emaar launches high-end residences, villa townhouses

  

    Dubai / Emirates Business Emaar Properties is offering an exclusive lifestyle choice in Dubai Creek Harbour, the 6 sq km master-planned development defined by the iconic new tower that serves as a magnificent beacon of positivity in the heart of the city, and only 10 minutes from the Dubai International Airport. Designed by renowned Spanish/Swiss neo-futuristic architect, structural engineer, ...

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• 14 August

  Daman marks 10th anniversary with 3mn memberships

  

    Abu Dhabi / WAM The National Health Insurance Company, Daman, announced that it reached three million members in its 10th anniversary this year. The latest membership figures indicated that the Abu Dhabi Basic Plan has reached around 1.5 million, with membership of ‘Enhanced’ health insurance plans reaching upwards of 720 thousand members. The Thiqa Plan, which was first launched in ...

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