Masonry Layout

  RITIKA SHARMA / Emirates Business Accounting for a major chunk of overall automobile sales, the SUV (sports utility vehicle) segment in the UAE is on the right track, experts say. The sales in the country are higher by a substantial 5-6 percent as compared to other GCC nations. Given the elements of luxury, style and comfort that are combined ...

  Bloomberg Turkey’s lira plunged the most in eight years, an exchange-traded fund tied to the country’s shares declined and U.S. Treasuries ticked higher after Turkey’s army said it seized power and President Recep Tayyip Erdogan asserted that he remains in control. U.S. stock futures slipped. The lira lost 4.6 percent to 3.0157 per dollar in the biggest selloff since ...

  Bloomberg The S&P 500 Index halted a five-day rally that took it to a record, while the dollar rose and Treasuries had the biggest weekly drop in a year as data boosted optimism in the economy. News after the close of U.S. equities markets that Turkey’s army had seized power stoked demand for haven assets. The nation’s lira plunged ...

  ISTANBUL / Reuters Forces loyal to Turkey’s government fought on Saturday to crush the last remnants of a military coup attempt which collapsed after crowds answered President Tayyip Erdogan’s call to take to the streets and dozens of rebels abandoned their tanks. One hundred and sixty-one people were killed, including many civilians, after a faction of the armed forces ...

  Nice, France / AFP The IS group claimed responsibility on Saturday for the truck massacre in Nice which France said was “a new kind of attack,” as it faced hard questions over security failures. In a statement via its Amaq news service, IS said one of its “soldiers” carried out Thursday night’s attack “in response to calls to target ...

Moscow / AFP US Secretary of State John Kerry and Russian counterpart Sergei Lavrov said on Friday they had agreed on “concrete steps” to salvage a failing truce and tackle extremist groups in Syria but refrained from laying out their deal. The top diplomats emerged from 12-hour marathon talks saying they agreed on the way forward, but Kerry stressed that ...

  ALKESH SHARMA / Emirates Business An all-new generation of tech-savvy individuals, who believe in making the most out of technology marvels, is apparently giving a boost to the wearables market in the UAE. Driven by an increased adoption of smart watches, techie wristbands and competitive prices, the country’s wearables industry is certainly enjoying one of the most money-spinning phases ...

  ABU DHABI / WAM Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing company wholly owned by Mubadala Development Company, announced that it has been awarded a multi-year contract by Boeing to manufacture vertical fins for the 787 Dreamliner family. The agreement, announced at the Farnborough Air Show, further expands the organisation’s role as a direct supplier of primary ...

  BUDAPEST / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met with Mihaly Varga, the Hungarian Minister of National Economy, in the country’s capital, Budapest. During the meeting, the two sides discussed existing relations between the two friendly countries and ways of enhancing them, as well as a number of issues of ...

  London / AFP British Prime Minister Theresa May completed a major overhaul of the government on Thursday, promoting leading Brexit campaigners and stunning observers by picking gaffe-prone Boris Johnson as her top diplomat. After six years as interior minister under David Cameron, May took office on Wednesday signalling her intention to start with a clean slate — before ruthlessly ejecting ...