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Dubai / Emirates Business The non-oil private sector in Dubai continued to post a marked expansion of total business activity in June, with the rate of growth accelerating further to a new high since the survey began in 2010, according to Emirates NBD Dubai Economy Tracker Index. Among the three key sectors monitored, the strongest overall performance was again registered ...

ABU DHABI / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s Nuclear Regulator, announced on Monday that it has certified the first group of 15 UAE National Senior Reactor Operators (SROs) and Reactor Operators (ROs) at Nawah Energy Company, the operations and maintenance subsidiary of the Emirates Nuclear Energy Corporation (Enec). The certification is part of complying with ...

Bloomberg Resurgent tensions between Japan and South Korea threaten to wallop chipmakers from Samsung Electronics Co to SK Hynix Inc, upsetting a carefully choreographed global supply chain by smothering the production of memory chips and other components vital to widely used devices. As the world fixates on Donald Trump’s campaign to contain Huawei Technologies Co and China’s ambitions, a concurrent ...

Bloomberg India’s Tata Group paid lenders and the government about $7.3 billion to help complete the sale of its mobile-phone services business to Bharti Airtel Ltd, a deal that was announced almost two years ago. Tata Sons Pvt, the group holding company, paid the Department of Telecommunications 100 billion rupees late last month, days after settling all pending loans worth ...

Bloomberg A no-deal Brexit would be an economic catastrophe for Ireland that would crush exporters, business leaders say. Yet they remain prepared to jump off the cliff with Prime Minister Leo Varadkar if he asks them. Brexit supporters in the UK have long argued that economic self-interest will eventually force Varadkar to blink on the issue that’s holding up Brexit ...

Bloomberg US East Coast refining margins have more than doubled in the past month, helped by weakening physical crude markets and a fire that crippled the biggest facility in the region. Philadelphia Energy Solutions announced it plans to close after a fire in late June, it’s second that month, destroyed most of an alkylation unit, which makes high-octane gasoline. The ...

Bloomberg Automakers to trading houses from North America to Europe are becoming more concerned about future supply shortages of key materials needed for electric vehicle batteries as spending on new production soars, according to the developer of a $1.5 billion project in Australia. More than a dozen parties have now expressed interest in taking up as much as a 50 ...

Bloomberg Hong Kong police arrested five people while dispersing a protest in one of the financial hub’s busiest tourist districts, the latest demonstration triggered by a proposed law that would allow extraditions of criminals to mainland China for the first time. Thousands of marchers walked through the pedestrian-heavy Tsim Sha Tsui area towards the city’s new high-speed rail station to ...

ABU DHABI / WAM Dr Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development and Chairman of the Federal Transport Authority-Land and Maritime (FTA) highlighted the keenness of the UAE Government to provide incentives and adopt appropriate laws to encourage the growth of the country’s maritime sector, and keep pace with the country’s future goals. In his statement to ...

ABU DHABI / WAM The Emirates Red Crescent (ERC) launched several health projects in Pakistan, as part of its development initiatives for the ‘Year of Tolerance’. The projects include the restoration of the Kidney Treatment Centre in Khyber Teaching Hospital in Peshawar, which received ten kidney dialysis machines and other medical equipment, and the Institute of Kidney Diseases Hayatabad Peshawar, ...