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  CLENDENIN / AP Offering his condolences, President Barack Obama approved federal aid for the West Virginia communities devastated by floods that have killed at least 24 people and rendered many more homeless. Obama’s signature on the federal disaster declaration lets residents in three counties get aid for temporary housing and home repairs, receive low-cost loans to cover uninsured property ...

  Dubai / Emirates Business Smart Dubai Government Establishment (SDG), in co-operation with a number of its strategic partners in government entities, has organized a brainstorming session titled “Challenges of connected services” as part of its innovative activities and its efforts for developing government shared services, which are offered in partnership or collaboration with several government entities to ensure sustainable ...

  RITIKA SHARMA / Emirates Business The cost-competitiveness of renewable energy gives the UAE an opportunity to invest in renewables and make sure more of the natural energy is used. Experts believe that based on the current trends in the energy sector, the UAE will achieve at least 10 percent use of renewable energy in its energy-mix by 2030 and ...

  DUBAI / Emirates Business According to EY’s latest telecommunications report ‘Navigating the Road to 2020 — Opportunities and challenges for telecom operators in the Middle East’, 68% of telecommunications C-suite respondents cite customer experience management as their top strategic priority over the next three years. Wasim Khan, Partner and Chief Operating Officer, EY, says: “A better customer experience can ...

  Canberra / AP Australia’s prime minister used his official campaign launch on Sunday to warn against a change of government during the economic fallout from Britain’s decision to leave the European Union. Polls project Prime Minister Malcolm Turnbull’s conservative coalition is widely expected to be returned next Saturday for a second three-year term with a reduced majority. Turnbull said his ...

  Bloomberg Rosneft PJSC, the world’s largest publicly traded crude producer, agreed to sell a stake in a key unit to China as Russian President Vladimir Putin seeks to bolster energy ties with Asia. The state-run company committed to negotiating the sale of 20 percent of its Verkhnechonsk unit to Beijing Enterprises Group Co., Rosneft said in a statement. The ...

  London / AFP Will Brexit threaten London’s long-booming economy? The British capital fears investors and bankers could flee the city after the shock nationwide vote, threatening its coveted reputation as a global financial hub. Some 60 percent of Londoners voted to stay in the EU in Thursday’s historic referendum, but the rest of the country cast their ballots overwhelmingly to ...

  Abu Dhabi / Emirates Business The UAE can achieve a whole new level of excellence and prosperity by making innovation a highlight of its strategic direction in a post-oil era, according to a new market analysis issued on Saturday. The report by PA Consulting Group says the UAE is a perfect example of how nations can emerge from being ...

  Abu Dhabi / WAM The UAE participated in the first annual meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), the newly formed infrastructure development body, which was held from June 25 – 26 in Beijing, China. The Beijing meeting, attended by representatives of 57 member states, looked at measures to accelerate infrastructure development across Asia ...

  Syria / AFP US-backed fighters edged further into the IS group stronghold of Manbij on Saturday, threatening a key staging post on the extremists’ lifeline from Turkey to their “caliphate” in Syria and neighbouring Iraq. If it succeeds, the offensive on Manbij—backed by intense air strikes by a US-led coalition—would mark the most significant victory against IS for the Syrian ...