Masonry Layout

Dubai Chamber showcases biz competitiveness in Russia

  Dubai / Emirates Business Promoting Dubai’s competitive business environment in the Russian market, the Dubai Chamber of Commerce and Industry’s international office in Azerbaijan recently participated in Innoprom 2016, which is the main International Industrial trade fair held in Ekaterinburg and is attended by over 48,000 visitors and 600 participating companies from more than 95 countries of the world. ...

Read More »

Dubai to be springboard for floating homes

  DUBAI / Emirates Business Dubai has earned a global reputation for launching unique and spectacular real estate projects, and a Dutch developer hopes the emirate will now provide a successful springboard for stunning floating homes designed to take their owners back to nature. The company, New Living on Water (NLW), will give a Middle East debut to its striking ...

Read More »

Curtains down for Dubai Cares’ programme in Ethiopia

    Emirates Business A Dubai Cares delegation led by Chief Executive Officer, Tariq Al Gurg visited Ethiopia for the closing of Dubai Cares’ Home Grown School Feeding (HGSF) program. The program, launched in September 2015, is a component of the philanthropic organization’s wider Enhanced School Health Initiative (ESHI) pilot program that is being implemented by the World Food Program ...

Read More »

Turkey’s membership ‘not in question’ after coup: NATO

  Brussels / AFP NATO said on Wednesday Turkey’s membership of the military alliance is “not in question” following the failed coup in July and stressed its “very clear position” of continued support for Ankara. “Turkey’s NATO membership is not in question,” spokeswoman Oana Lungescu said in a statement issued in response to “speculative press reports”. “NATO counts on the ...

Read More »

Berlin to toughen anti-terror measures

  Berlin / AFP Germany’s Interior Minister Thomas de Maiziere is preparing to unveil a slew of new anti-terror measures, reports said on Wednesday, after two attacks in July claimed by the IS extremist group. The new measures to be announced Thursday include speeding up the expulsion process for asylum seekers convicted of crimes, Bild daily reported, quoting anonymous security ...

Read More »

EON burned with big loss in first half

  Bloomberg EON SE posted a first-half loss after taking 3.8 billion euros ($4.2 billion) in charges linked to the listing next month of its Uniper unit. Its shares slumped the most in more than six weeks. The impairments and contingency losses for its power stations burning fossil-fuel and natural gas storage assets led to a net loss of 3.03 ...

Read More »

India mulls new green power exchange

  Bloomberg As loss-laden power distribution companies delay millions of dollars in payments for clean-energy capacity, India is looking to create a dedicated green energy trading platform in a bid to give the renewable sector more selling options. The country’s largest power exchange, Indian Energy Exchange Ltd., is looking to roll out a dedicated platform for the trade of clean ...

Read More »

Cheap China corn curbs imports amid ample domestic supply

  Bloomberg China’s imports of corn and feed grains are set to slump after the government increased the amount auctioned from state reserves and domestic prices dropped to a decade low, according to analysts. The government is offering about 7.9 million metric tons of corn from its stockpiles for a third week. That compares with 6 million tons offered in ...

Read More »

Putin, Erdogan pledge to rebuild ‘strained’ relations

  Saint Petersburg / AFP Russian President Vladimir Putin and Turkish counterpart Recep Tayyip Erdogan on Tuesday looked to rebuild ties as they met for the first time since Ankara downed one of Moscow’s warplanes in November. Erdogan’s visit to Putin’s hometown of Saint Petersburg is also his first foreign trip since the failed coup against him last month that ...

Read More »

ADNIC posts AED107.4mn net profit in first 6 months

  Abu Dhabi / Emirates Business Abu Dhabi National Insurance Company (ADNIC) announced on Tuesday its financial results for the first six months ended on June 30. The Company reported a net profit of AED 107.4 million for this period, a significant growth over the same period of last year. The company’s net technical profit contributed AED 59.9 million towards ...

Read More »
Send this to a friend