BLOOMBERG Global equities rallied and the pound strengthened the most since 2008 on signs the campaign for the U.K. to stay in the European Union was gaining momentum. The yen declined with U.S. Treasuries and gold as haven demand eased. The Stoxx Europe 600 Index headed for its biggest gain since August and emerging-market shares advanced for a second ...
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June, 2016
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20 June
EU exit alarms propel gold investors to near record rally wagers
Bloomberg The turbulence sweeping global markets has reignited investors’ passion for gold. Global central bankers have sounded the alarm that a British exit from the European Union could be disruptive to the global economy. Anxiety about the June 23 vote contributed to more than $1 trillion of value being wiped from global equities last week as bullion futures reached ...
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20 June
Brexit no Lehman to Europe strategists keeping stock calls
Bloomberg British secession from the European Union is a market scenario that the region’s equity strategists are choosing not to factor into their forecasts — or at least, one they are expecting to have no catastrophic meaning for stocks. Even as global markets teetered last week and polls showed more U.K. voters leaning toward leaving the trading bloc, securities ...
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20 June
Marine green shift shores up electric jet tenders
ALKESH SHARMA / Emirates Business Green is the new mantra for success in the boats and yacht industry. UAE, which is undergoing a considerable surge in the sea-tourism segment owing to its picturesque coastline, is gradually taking firm strides towards the eco-friendly marine solutions in the yachting world. According to reports, as eco-friendly generation is fast multiplying and it ...
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20 June
UAE Research Program for Rain Enhancement Science expands reach
Dubai / Emirates Business The UAE Research Program for Rain Enhancement Science has been on a research collaboration trip to Japan and China, in order to meet with eminent scientists and researchers in many scientific fields related to rain enhancement science, introducing them to the program and its goals, and the aspirations of the UAE leadership and government ...
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20 June
DFWAC launches #BeMyVoice drive to fight violence
DUBAI / Emirates Business The Dubai Foundation for Women and Children (DFWAC) launched the #BeMyVoice campaign to encourage the community in general and the media and social media influencers in particular, to support the victims of violence against women and children and shed light on their suffering, as well as spreading awareness on how to confront violence and prevent ...
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20 June
UAE leads digital signage sector
Sunaina Rana / Emirates Business Technological advances have given a boost to the digital signage industry in the Emirates, with the sector expected to reach $23.02 billion by 2023, according to a report by Global Market Insights Inc. “Digital World Computer Design LLC has been contributing to the Digital Printing industry for the last 10 years in Dubai. The ...
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20 June
Jumeirah Golf Estates awards Alandalus contract
Dubai / Emirates Business Jumeirah Golf Estates, home to the DP World Tour Championship, has awarded the contract for the construction of its affordable luxury community of townhouses and apartments, Alandalus, to Sumer Contracting Company LLC. As one of the Middle East’s leading residential golf communities, Alandalus is Jumeirah Golf Estates’ latest development – a collection of 674 affordable luxury ...
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20 June
Al Ghurair dining district to house world-class cafés
Dubai / Emirates Business Al Ghurair Centre (AGC) has announced the latest addition to its much-awaited Dining District opening, where world-renowned Dumpling House DinTaiFung will open its first flagship store in Dubai, in addition to Yakitate sidebar and the well-known Iraqi restaurant Bestoon Samad. AGC’s new dining district will offer world class dining restaurants and cafes to its growing ...
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20 June
Abu Dhabi Summer Season 2016 gears up to spread fun
Abu Dhabi / Emirates Business This summer, fun- and adventure-seekers definitely need to have Abu Dhabi on their list. With an action-packed line up filled with events that cater to the whole family, Abu Dhabi Summer Season 2016 is the best way to beat the heat and spread the fun across summer vacation days in the emirate. BECAUSE DINOSAURS ...
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