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Mohamed reaches Rome on official visit to Vatican City

  ROME / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, arrived in Rome on Wednesday to begin an official visit to the Vatican City where on Thursday he is due to meet with Pope Francis. Sheikh Mohamed and Pope Francis will discuss bilateral ties ...

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Jumeirah Golf Estates top real estate firm in Arab world

  Dubai / Emirates Business Jumeirah Golf Estates has been honoured by Forbes Middle East as a Top Real Estate Company in the Arab World, citing its contribution to shaping the country’s landscape as key to its accolade. Senior executives from Jumeirah Golf Estates received the award at a gala dinner at Waldorf Astoria Dubai Palm Jumeirah this week, against ...

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Majority in UAE vote for complete holiday package

  Sharjah / Emirates Business With the holiday season upon us, HolidayMe, a unique website offering on-the-fly customized travel solutions to customers across the Middle East, revealed the findings of its travel survey. The survey which was conducted online with over 1500 HolidayMe customers in the UAE, revealed Maldives (27.1%), Georgia (16.8%) and the United Kingdom (13%) as the top ...

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Using public cloud to get work done in UAE firms

  Gregg Petersen / Emirates Business At almost every conference, event or analyst meeting you attend, you’ll hear someone discuss how your business can benefit from the Operating Expense (OPEX) model, greater agility, and faster deployment speeds offered by the public cloud. But let’s be honest: If you go to your internal IT staff and propose the public cloud, you’ll ...

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Libya unity govt seeks talks after rival seizes oil ports

  Tripoli / AFP The head of Libya’s UN-backed unity government called for urgent talks on Wednesday after forces loyal to a rival administration seized the main eastern oil ports in defiance of world powers. The fighting between the two sides — the first since the unity government started work in the capital Tripoli in March — was the latest ...

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Syria truce holds but aid deliveries delayed

  Aleppo / AFP Besieged Syrian civilians waited desperately for aid on Wednesday as relief convoys remained on hold despite a significant drop in violence under a ceasefire brokered by Washington and Moscow. The truce that began at sundown on Monday is part of the latest bid to end a five-year conflict that has killed more than 300,000 people. The ...

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Samsung caps Note 7 battery charging to prevent overheating

  Bloomberg Samsung Electronics Co. will push out a software update for South Korea that caps the capacity of Galaxy Note 7 smartphone batteries at 60 percent, a stop-gap measure to prevent overheating as the device’s global recall proceeds. The unusual move, announced on the first day of a major national holiday, reinforces the urgency with which Samsung’s trying to ...

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World’s biggest rail IPO since 1993 to seek $5 billion

  Bloomberg Japan’s government plans to privatize Kyushu Railway Co. through a share sale that may fetch about 500 billion yen ($5 billion), according to people with direct knowledge of the matter, in what would be the rail industry’s biggest initial public offering in more than two decades. The Japan Railway Construction, Transport and Technology Agency, which fully owns the ...

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Juncker vows Brexit won’t kill off EU

  Strasbourg / AFP European Commission head Jean-Claude Juncker on Wednesday issued a rallying cry for unity after Brexit, saying the EU is not in danger of splitting up but must fight back against “galloping populism”. In his annual State of the Union speech, Juncker unveiled a raft of economic and security proposals to find common ground after a year ...

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Brazil launches economic reforms with privatizations

  Brasília / AFP Brazil announced a series of auctions and tenders aimed at privatizing infrastructure — part of new President Michel Temer’s plans to revive the moribund economy. Under the new program, four airports will be put on the auction block this year, along with two port terminals. Tenders in the transport and mining sectors will also be up ...

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