Masonry Layout

Siege warfare, suffering as US, Russia bicker over Syria

  Hangzhou / AFP The US said on Sunday it had not yet struck a hoped-for deal with Russia on stemming the violence in Syria’s brutal civil war, blaming Moscow for backtracking on issues it thought were settled. President Barack Obama said earlier that the two sides were “working around the clock” on the sidelines of a summit in China, but ...

Read More »

GCC demand spurs growth of wearables industry

  ABU DHABI / Emirates Business Demand for seamless connection to the Internet of Things will drive wearable shipments to double by 2020, says a new Frost & Sullivan report prepared in collaboration with GITEX Technology Week. Wearables are computing devices that can be worn as clothing or accessories — including smart watches, glasses, bands, cameras, and clothing. By recording, ...

Read More »

China tells G20 to avoid ‘empty talk’, cure global economy

  Bloomberg Chinese President Xi Jinping urged world leaders to avoid “empty talk” and confront sluggish economic growth and rising protectionism as their summit opened on Sunday in the scenic city of Hangzhou. Xi welcomed Group of 20 presidents and prime ministers with a handshake, and an extended clasp with Barack Obama, as both men smiled despite protocol stumbles around ...

Read More »

India’s knitwear town aims to be top in apparel export

  Bloomberg Indian clothes maker T.R. Vijaya Kumar thinks it’s time for his country to take on Bangladesh, Vietnam and even China for leadership in the global apparel industry. He’s a second-generation manufacturer, who’s transformed his small family undershirt business in southern India into an apparel exporter of 1,700 employees and aims to double its sales by 2020. When it ...

Read More »

China overseas land profit rises on property sales

  Bloomberg China Overseas Land & Investment Ltd., the country’s second-largest developer by market value listed in Hong Kong, said first-half profit jumped 21 percent on gains from property sales as the nation’s residential prices soared. Net income rose to HK$19.7 billion ($2.5 billion) from HK$16.3 billion a year earlier, the company said in a Hong Kong stock exchange filing. ...

Read More »

DEWA projects contribute to sustainable future of Dubai

  Dubai / WAM HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) said that DEWA is supporting sustainability in Dubai through mega projects and initiatives in renewable energy, sustainability, and the environment. One of the key projects DEWA is implementing is the Mohammed bin Rashid Al Maktoum Solar Park, which emphasises how sustainable development ...

Read More »

VP unveils grand Jumeirah Central project

  Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum on Saturday announced the launch of Jumeirah Central, an urban mixed-use city district expected to become a comprehensive model for future urban planning in Dubai and around the world. The district will comprise 47 million square feet ...

Read More »

Global steel glut concerns raised in G-20 draft statement

  Bloomberg The global steel glut is shaping up as a hot-button issue as leaders of the Group of 20 major economies meet in China, securing a mention in their communique. That would show that overcapacity in steel — for which China has come in for criticism — remains on the radar for the world’s biggest economies months after it ...

Read More »

Thousands rally in Taiwan against pension reform procedures

  Bloomberg Tens of thousands of people took to streets of Taipei City, Taiwan, on Saturday in protest against pension-reform procedures, adding to growing woes for President Tsai Ing-wen who faces a decline in approval ratings after three months in office. More than 110,000 people took part in the rally, Cti TV reported. The protest, attended by former premier Hau ...

Read More »

More Turkish tanks enter Syria in new front offensive

  Ankara / AFP Turkey on Saturday sent more tanks into the northern Syrian village of al-Rai to fight IS extremists, opening a new front after its intervention last month against the group, state media reported. The tanks crossed into the village from Elbeyli in the Turkish province of Kilis to provide military support to Syrian opposition fighters after ridding northern ...

Read More »
Send this to a friend