June, 2016

• 27 June

  India among Asia’s least exposed to UK’s vote to exit

  

    Bloomberg India’s economy will be among the least impacted in Asia by the UK’s vote to exit the European Union given its relatively low exposure to trade, according to Morgan Stanley. “Increased uncertainty in the external environment due to UK’s vote should add to downward pressures on growth and inflation in the region,” Morgan Stanley economists including Chetan Ahya ...

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• 27 June

  Suicide bombings kill 5 in Lebanon-Syria border village

  

    Al-Qaa / AFP A string of suicide bombings early on Monday killed at least five people in a Lebanese village near the volatile border with war-ravaged Syria. The attack came just hours after the IS group on Sunday claimed responsibility for a suicide bomb that killed seven soldiers on Jordan’s border with Syria. Monday’s deadly blasts struck Al-Qaa, a predominantly ...

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• 27 June

  IS claims responsibility for Jordan border attack

    AMMAN / AP The extremist IS group claimed responsibility for last week’s deadly suicide attack on a Jordanian army post on the Syrian border, posting a video online on Monday it said shows the car bomb blast. The video, which was posted on the Facebook page of the IS news agency Amaq, shows a vehicle kicking up dust as it ...

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• 27 June

  Former Afghan warlord scuttles peace deal with Kabul

    ISLAMABAD / AP A former Afghan warlord has announced that a much-touted peace deal between his militant group and the Kabul government is effectively “dead.” The comments by Gulbuddin Hekmatyar came after his Hezb-i-Islami effectively scuttled the deal, drafted weeks ago, with new demands. Hekmatyar offered a lengthy diatribe against Kabul in the Daily Shahadat magazine belonging to his ...

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• 27 June

  India joins ‘missile tech group’ controlling global sale

  

    NEW DELHI / AP India on Monday joined an exclusive club of countries controlling exports in missile technology, just a day after bemoaning its exclusion from another elite group that governs international nuclear fuel and technology. Foreign Secretary S Jaishankar signed onto the Missile Technology Control Regime aimed at preventing the unchecked proliferation of missiles and their delivery systems. ...

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• 27 June

  5 foreigners kidnapped in Nigeria released

    Port Harcourt/ AFP Five foreign construction workers kidnapped last week with two Nigerian colleagues after their vehicle was attacked and driver killed have been released, officials said on Monday, with two suffering serious injuries. The commissioner of police in Cross River state, Jimoh Ozi-Obeh, said that the men, including three Australians, a New Zealander and a South African, had ...

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• 27 June

  Premier says China wants ‘united and stable’ EU

  

    BEIJING / AP China’s premier called on Monday for joint efforts to restore global economic confidence following the shock of Britain’s vote to leave the European Union. Last week’s referendum “has had an obvious impact on international financial markets. We are seeing increasing uncertainties in the world economy,” said Li Keqiang, speaking at the World Economic Forum in the ...

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• 27 June

  Dubai Culture bags Green IT award

  

    Dubai / Emirates Business Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for heritage, arts and culture, has been announced as the winner of the Government Green IT Initiative of the Year 2016 at the .Gov Dubai & Northern Emirates Awards Ceremony. The prize recognises the Information Technology Department at Dubai Culture, for their ongoing work ...

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• 27 June

  Emirates NBD banking app links to Smart Dubai Happiness Meter

  

    Dubai / Emirates Business Emirates NBD, one of the leading banking Groups in the region, on Monday announced the linking of Dubai Government’s Smart Dubai Happiness Meter to its Mobile Banking App. The strategic partnership between Dubai Government and Emirates NBD solidifies the bank’s goal of providing superior customer experience through its digital services. It is a first in ...

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• 27 June

  Masdar works on tech to delay food spoilage

  

    Abu Dhabi / Emirates Business Researchers at the Masdar Institute of Science and Technology have worked on a technology in an attempt to improve the ability of certain plastics to delay oxidation – the natural process that causes food to spoil. The research supports the UAE’s position as a regional leader in the international plastics industry. Masdar Institute Assistant ...

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