June, 2016

• 21 June

  Stocks gain with pound as dollar falls before Yellen’s testimony

  

    BLOOMBERG Investors took a positive cue from the latest polls on Britain’s referendum over European Union membership, with global stocks advancing and the pound rising to the highest level since before the vote date was set. The dollar weakened before Federal Reserve Chair Janet Yellen speaks on monetary policy. Sterling strengthened for a third day even as separate opinion ...

  Read More »
• 21 June

  India wheat imports seen surging to decade high on shortage

  

    Bloomberg India may import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tons in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8 percent to 85 million metric tons in the year through June ...

  Read More »
• 21 June

  Job-starved Brazil seeks gold amid rubble of a mine tragedy

  

    Bloomberg In the red-dirt hills of Minas Gerais, a part of Brazil named for the mines that provided livelihoods for generations, the country’s worst-ever environmental disaster has unearthed a new opportunity for locals stung by recession and job losses — panning for gold. Wildcat mining is on the rise in communities devastated by the collapse of a dam that ...

  Read More »
• 21 June

  Offering high quality system intergration

  

    Our Correspondent EMIRATES BUSINESS Over the past three decades, Dubai-based STME, the Middle East’s leading IT solutions provider and systems integrator, has been helping regional businesses adapt to ever-evolving technology enabling change within their organisations. “Innovation”, said Ayman Al Bayaa, CEO of STME, “is the key to maximising the processes and applications that drive business growth within the region ...

  Read More »
• 21 June

  Delivering value to the air transport community

  

    Our Correspondent EMIRATES BUSINESS SITA is the communications and IT solution provider that transforms air travel through technology for airlines, at airports and on aircraft. The company’s portfolio covers everything from managed global communications and infrastructure services, to eAircraft, passenger management, baggage, self-service, airport and border management solutions. Owned 100 percent by more than 400 air transport industry members, ...

  Read More »
• 21 June

  UAE hospitality set to boom

  

    Ritika Sharma / Emirates Business Despite speculations about a slower economy affecting various sectors, the tourism and hospitality industry in the UAE is expected to experience an escalating capacity and exponential growth in the coming months, experts affirm. UAE, which is home to over 200 nationalities, is among the top five countries in the world in regard to the ...

  Read More »
• 21 June

  Seatrade Tanker Middle East meet in November

  

    Emirates Business Riding on the wave of positive industry news from the tanker shipping market, Seatrade has announced the return of its popular Seatrade Tanker conference, Seatrade Tanker Middle East. The newly rebranded conference will take place as part of Seatrade Maritime Middle East and Dubai Maritime Week. Reaffirming the decision, Chris Hayman, Chairman of Seatrade, said: “In light ...

  Read More »
• 21 June

  Sharjah reveals plan to boost cyber security

    Sharjah / Emirates Business The Government of Sharjah, Department of eGovernment (DeG), the emirate’s principal body responsible for transforming Sharjah into one of the digitally advanced cities in the region, has announced the commencement of a comprehensive plan to comply with the National Electronic Security Authority (NESA) standards. The move, which involves ensuring compliance with NESA standards across all ...

  Read More »
• 21 June

  Dubai Trade sheds light on significance of trade in UAE

    Abu Dhabi / Emirates Business The UAE accession to the World Trade Organization marked its 20th year at a prestigious event held in Geneva recently. As one of the key speakers at the event, Eng. Mahmood Al Bastaki, CEO of Dubai Trade, spoke on the importance of enabling seamless trade and the benefits it brings the UAE Economy. Al ...

  Read More »
• 21 June

  Tejar Dubai programme launches new commercial project in Hatta

  

    Dubai / Emirates Business The Tejar Dubai entrepreneurship development programme, a Dubai Chamber of Commerce and Industry initiative, launched its 20th commercial project, Familia Emirati clothes store on Dubai-Oman Highway in Hatta recently. The new commercial project which is the 4th launched by Tejar Dubai this year has come as part of the entrepreneurship development programme’s efforts to support ...

  Read More »