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  London / AFP Britain’s annual inflation rate edged higher last month, official data showed on Tuesday, and is set to climb further as a weak pound caused by the Brexit vote raises import prices. The 12-month Consumer Price Index rose by 0.6 percent in July, the Office for National Statistics said in a statement. CPI had risen by 0.5 ...

  Emirates Business Global leaders will meet in Dubai for the Africa Legal Network’s (ALN) 3rd Annual International Conference on October 5-6 at the Park Hyatt, Dubai, UAE. The invite-only event will bring together government representatives and business professionals to discuss the greatest opportunities for foreign investment in Africa. The conference comes as total non-oil trade between the two regions ...

  Dubai / Emirates Business The Color Runâ„¢ presented by Daman’s ActiveLife will return on November 12 with a fun and fresh new twist, as its Tropicolor World Tour bursts into Dubai with a 5k stay-cation packed full of island-style colors, music and unforgettable memories. The Tropicolor World Tour takes the world-renowned experience that Dubai’s Color Runners already love to ...

  Bloomberg Indonesia will cap Wednesday’s Independence Day celebrations by scuttling as many as 71 impounded foreign vessels —mostly Vietnamese but also a handful of Chinese —to signal its determination to protect its sovereignty over lucrative fishing grounds in the South China Sea. The destruction of the boats comes amid simmering regional tensions over territorial disputes in the water. Former ...

  Washington / Bloomberg Treasuries are falling behind corporate bonds in a reversal from last year, as the US economy shows signs of improvement and oil prices stabilize following a rout. Investors are willing to accept as little as 216 basis points of extra yield to buy company debt instead of Treasuries, the smallest spread in more than a year, ...

  Bloomberg General Atlantic LLC, the US private equity firm that already invested more than 1 billion reais ($318 million) in Brazil this year, plans to keep buying stakes in companies that “are not cheap” even amid the country’s worst economic crisis in a century. General Atlantic is among the few international buyout funds daring to buy Brazilian firms amid ...

  Dubai / WAM The Board of Directors of Dubai Government-owned Emirates National Oil Company (ENOC) have announced a new growth strategy aimed at serving Dubai’s growing energy needs while simultaneously developing an integrated upstream and downstream energy value chain to drive future growth. As part of the five-year strategy 2016-2021, ENOC will focus its efforts and investments on fulfilling Dubai’s ...

  Dubai / Emirates Business Construction industry experts and government officials assembling in Dubai next month will tackle the threat of fires in the region, an issue highlighted by recent blazes in high-rise towers. The latest statistics, published this month by Guardian Wealth Management, a global financial planning company, claim that up to 80 percent of expatriate residents living in ...

  Dubai / Emirates Business To celebrate Independence Day of India on 15 August 2016, Legoland® Dubai, part of Dubai Parks and Resorts, has for the first time shared a sneak peek into one of its most highly anticipated attractions- MINILAND- with the unveiling of the stunning Taj Mahal LEGO® model. The impressive and realistic model is made from 280,741 ...

  AFP Japan’s economy stagnated in the second quarter, data showed Monday, falling below expectations and rekindling worries about the government’s faltering bid to stoke a recovery. Growth in the world’s third largest economy was flat at 0.0 percent quarter-on-quarter, missing economists’ predictions for a 0.2 percent expansion in the April-June period as weak exports and a fall in business ...