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  Frankfurt / AFP Investor confidence in Germany fell unexpectedly in May as uncertainty over a possible exit by Britain from the European Union overshadowed strong growth data, a leading survey showed on Tuesday. While official data earlier showed that Europe’s biggest economy grew by 0.7 percent in the first three months —double the growth rate of the preceding quarter — ...

  Bloomberg Britons risk pushing up the cost of their vacations if they vote to leave the European Union, Prime Minister David Cameron said in his third warning in three days on how a so-called Brexit would hurt ordinary people in their pockets. An average eight-night, four-person trip to an EU destination would cost an extra 230 pounds ($330), based ...

  Bloomberg Latin America’s post-populist shift is persuading the world’s biggest emerging-market bond investors to put more money in the region, and there are signs that eastern Europe is paying the price. Franklin Templeton’s $51 billion Global Bond fund nearly doubled holdings in Brazil, Mexico and Colombia to more than 30 percent in the six months to March 31, according ...

  Dubai / WAM The Dubai Electricity and Water Authority (DEWA) released an Expression of Interest (EOI) for the construction of 3D-printed Laboratories, to conduct research on drones and 3D-printing technologies, at the Mohammed Bin Rashid Al Maktoum Solar Park, the largest single-site project in the world. The Solar Park will generate 1,000 megawatts (MW) by 2020 and 5,000MW by 2030. ...

  DUBAI / WAM His Highness Sheikh Mohammed opened the ‘Office of the Future’, the first 3D-printed office in the world. The office space covers up to 250 square metres, while the exterior design reflects the most innovative forms of future work place. The design has been conceived to achieve a shift from the traditional form of work environments and ...

  HANOI / AP US President Barack Obama on Monday lifted a half-century-old ban on selling arms to Vietnam, looking to bolster a government seen as a crucial, though flawed partner in a region that he has tried to place at the center of his foreign policy legacy. Obama announced the full removal of the embargo at a news conference ...

  Aden / AFP Twin bombings claimed by the IS group hit Yemeni forces in Aden on Monday, killing at least 41 people in the latest of a spate of attacks in the southern city. The attacks in Aden—which is serving as the temporary government headquarters after rebels forced authorities from the capital—follow a major military operation against extremists in ...

  Dubai / Emirates Business Dubai Courts has launched its Annual Report 2015, reflecting a significant improvement in the performance of the three courts; namely, First Instance, Appeal and Court of Cassation and a remarkable progress in Dubai Government’s Unified Customer Complaints’ Portal, smart transformation, and Emiratization. It also achieved the targets of its Operational Plan 2015 which aimed to ...

  RITIKA SHARMA / Emirates Business Middle East, especially the UAE, is leading the world in the use of managed security services (or MSS) to protect networks from cyber threats. As the technology further evolves, IT companies in the country are taking a step further in their cyber security and embracing proactive threat-hunting, in which cyber defenders seek to stop ...

  Tehran / AFP India is to open a $500-million line of credit to develop Iran’s Chabahar port into a regional trading hub, visiting Indian Prime Minister Narendra Modi said on Monday in Tehran. “The bilateral agreement to develop the Chabahar port and related infrastructure, and availability of about $500 million from India for this purpose, is an important milestone,” ...