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  Dubai / WAM The UAE cabinet on Sunday adopted the National Space Policy of the UAE, the most important element in the national plan to develop the space sector. The Space Policy is rudimentary for driving the entire sector forward within the framework of the UAE National Agenda, part of the UAE Vision 2021. The UAE is working towards a stable ...

  Dubai / Emirates Business Dubai Land Department’s (DLD) Transactions Report, issued by its Real Estate Research and Studies Department, announced that the total amount of real estate transactions recorded in the Emirate in the first eight months of the current year reached a total of AED 158.541 billion, achieved through 38,838 sales, mortgages and other transactions. Commenting on the ...

  AP British Prime Minister Theresa May has warned that Britain faces some “difficult times” as it prepares to leave the European Union following the June referendum. She told the Andrew Marr Show in an interview that not all would be “plain sailing” as Britain withdraws from the 28-nation bloc. She said in her first extended interview since taking office ...

  Hangzhou / AFP The US said on Sunday it had not yet struck a hoped-for deal with Russia on stemming the violence in Syria’s brutal civil war, blaming Moscow for backtracking on issues it thought were settled. President Barack Obama said earlier that the two sides were “working around the clock” on the sidelines of a summit in China, but ...

  ABU DHABI / Emirates Business Demand for seamless connection to the Internet of Things will drive wearable shipments to double by 2020, says a new Frost & Sullivan report prepared in collaboration with GITEX Technology Week. Wearables are computing devices that can be worn as clothing or accessories — including smart watches, glasses, bands, cameras, and clothing. By recording, ...

  Bloomberg Chinese President Xi Jinping urged world leaders to avoid “empty talk” and confront sluggish economic growth and rising protectionism as their summit opened on Sunday in the scenic city of Hangzhou. Xi welcomed Group of 20 presidents and prime ministers with a handshake, and an extended clasp with Barack Obama, as both men smiled despite protocol stumbles around ...

  Bloomberg Indian clothes maker T.R. Vijaya Kumar thinks it’s time for his country to take on Bangladesh, Vietnam and even China for leadership in the global apparel industry. He’s a second-generation manufacturer, who’s transformed his small family undershirt business in southern India into an apparel exporter of 1,700 employees and aims to double its sales by 2020. When it ...

  Bloomberg China Overseas Land & Investment Ltd., the country’s second-largest developer by market value listed in Hong Kong, said first-half profit jumped 21 percent on gains from property sales as the nation’s residential prices soared. Net income rose to HK$19.7 billion ($2.5 billion) from HK$16.3 billion a year earlier, the company said in a Hong Kong stock exchange filing. ...

  Dubai / WAM HE Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) said that DEWA is supporting sustainability in Dubai through mega projects and initiatives in renewable energy, sustainability, and the environment. One of the key projects DEWA is implementing is the Mohammed bin Rashid Al Maktoum Solar Park, which emphasises how sustainable development ...

  Dubai / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum on Saturday announced the launch of Jumeirah Central, an urban mixed-use city district expected to become a comprehensive model for future urban planning in Dubai and around the world. The district will comprise 47 million square feet ...