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  Bloomberg The UK dropped out of businesses’ top five locations for investments for the first time in seven years as fears about the country’s plans to exit the European Union added complexity to international deals, consultants Ernst & Young LLP said in a survey of executives. British businesses rank behind investments in the US, China, Germany, Canada and France, ...

  Bloomberg Manhattan rents decreased in September, marking only the second time since February 2014 that median rents for the borough fell from a year earlier. That’s great if you’re single and earning $100,000 a year, or part of a household that spends $100,000 a year on rent. For everybody else in New York, the new rental market data, published ...

  AFP China’s growth slipped to a seven-year low of 6.6 percent in the third quarter, according to a survey, despite ample stimulus and a red-hot property market in the world’s second-largest economy. The median forecast for expansion in gross domestic product (GDP), based on a poll of 18 economists, represents an easing from the second quarter’s 6.7 percent. It ...

  Bloomberg China will continue to relax policies designed to shrink its coal production capacity by allowing some mines to boost output to cool rising prices, according to Australia’s Whitehaven Coal Ltd. The world’s biggest producer and user of the fuel may increase the number of days of production allowed at “better mines” while limiting activity at less efficient ones, ...

  DUBAI / WAM On the first day of the Gulf Information Technology Exhibition (Gitex 2016), Crown Prince of Dubai and Chairman of Dubai Executive Council HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched the Authorized Economic Operator (AEO) programme. The AEO programme is a federal programme that connects the UAE with the rest of the world in ...

  Ras Al Khaimah / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said his message to the people of the UAE on the National Agenda 2021 aims to foster transparency between the government and people. “The National Agenda 2021 sums up government work and shortens the goals ...

  Dubai / WAM Dubai consumer electronics market size is forecast to grow at 4.7 percent over the next 4 years to exceed US$3 billion by 2020, according to a recent analysis of Dubai Chamber of Commerce and Industry, released on the occasion of chamber’s participation in the GITEX Technology Week, 2016. According to analysis based on the latest UAE retail ...

  Dubai / Emirates Business Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager known for renowned destinations across the Emirate, has announced that the iconic Marasi Business Bay Promenade is scheduled to be opened in November, coinciding with the opening of the Dubai Water Canal being built by the Roads & Transport Authority (RTA). More ...

  DUBAI / Emirates Business UAE-based telecommunications service provider -‘du’, has been selected by Abu Dhabi Islamic Bank (ADIB) to deliver opex-driven co-location services in the UAE. ADIB benefits from world-class data centre infrastructure that is ready to support its business with maximum reliability and availability. ADIB will be able to grow and develop its operations with a foundation in ...

  Benaulim / AFP Chinese President Xi Jinping said on Sunday a rising tide of protectionism and anti-globalisation was endangering the world economy’s still fragile recovery as BRICS leaders vowed to forge closer business and trade ties. At a summit in the Indian tourist hub of Goa, host Prime Minister Narendra Modi and the leaders of China, Russia, Brazil and South ...