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UAE joins 175 nations on climate pact

  NEW YORK / WAM The UAE joined 175 countries to sign the Paris Climate Agreement during the high-level signing ceremony, convened by the United Nation’s Secretary General Ban Ki Moon, in New York. The ceremony marked the first step in implementing the Paris Agreement, which was adopted in December 2015. Signing on behalf of the UAE government was Dr ...

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Masdar symposium on German building tech

  Abu Dhabi / Emirates Business The Masdar Institute of Science and Technology an independent, research-driven graduate-level university focused on advanced energy, and sustainable technologies, on Saturday announced it hosted a symposium titled “Energy Efficiency and Renewables: Building Technology – Made in Germany.” The event, held at Masdar Institute, was part of a series of symposiums in Dubai and Abu ...

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Construction sector to put focus on fire safety

  Sunaina Rana / Emirates Business Emphasising on the fire safety codes for buildings and testing protocols for construction, the regulators of the construction industry would discuss significance of using innovative materials and systems such as ventilated facades and metal faced sandwich panels that would contribute to achieving fire safety in the UAE at the 6th Annual Fire Safety Technology ...

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3 years on, Rana Plaza replay looms

  Dhaka / AFP As they jostle for space on the floor, with the door to their fire escape padlocked, the seamstresses cannot help but recall the carnage when another of Bangladesh’s garment factories collapsed three years ago. “We always worry what will happen if a blaze breaks out or the building caves in,” one woman worker said on condition ...

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Carry trade gains traction as currency volatility turns lower

  Bloomberg Conditions in the $5.3 trillion foreign-exchange market have turned supportive for one of the most popular trading strategies — the carry trade. Returns from the technique, in which investors borrow in currencies with low interest rates and use the proceeds to buy an asset with higher rates, advanced this week to the highest levels since December, according to ...

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Yahoo to narrow field of bidders as soon as next week

  Bloomberg First-round bidders for Yahoo! Inc. could find out as early as next week whether they’ve made it through to the next stage. Yahoo’s advisers will spend the weekend narrowing down the field of bidders after receiving more than 10 initial offers for the Internet company ranging from about $4 billion to $8 billion. Several first-round bidders will be ...

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Merkel visits refugee camp in Turkey to assess migrant pact

  Turkey / AFP German Chancellor Angela Merkel visited a refugee camp on the Turkish-Syrian border on Saturday, kicking off a high-stakes visit aimed at boosting a month-old migrant deal plagued by moral and legal concerns. Merkel, who was accompanied by European Council head Donald Tusk and European Commission Vice President FransTimmermans, headed to the Nizip 2 camp near Gaziantep ...

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Syria regime bombardment kills 27 civilians

  Aleppo / AFP At least 27 civilians were killed on Saturday in regime bombardment on rebel-held areas across Syria, a monitor and local sources said, in the latest deadly violence despite a ceasefire deal. Twelve civilians were killed in Aleppo, according to a local civil defence official, and the Syrian Observatory for Human Rights said 13 others died in ...

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Tadweer holds ‘Your Happiness is Our Goal’ initiative

  Abu Dhabi / Emirates Business Tadweer (the Center of Waste Management – Abu Dhabi) organised “Your Happiness is Our Goal” initiative at Al Ain Centre for Care and Rehabilitation by its Al Ain Branch, the initiative targeting the disabled people who require special care and attention from all members of the society. This initiative comes as part of a ...

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Donald Trump’s cries of ‘rigged’ system shifts blame for his losses

  HARRINGTON / AP Top aides spent the week gingerly courting Republican insiders at a seaside resort in Florida, but front-runner Donald Trump was busy railing against them. While it may seem counterproductive, Trump’s foot-stomping has served as a rallying cry to boost voter turnout and allowed him to continue to appeal to voters who feel disenfranchised. The “rigged” system ...

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