Masonry Layout

At London youth event, Obama pushes diplomacy over force

  LONDON / AP President Barack Obama on Saturday urged the next generation of British leaders to give serious thought to how they solve problems, turning a light-hearted question about priorities for his successor into a treatise on his preference for diplomacy over military conflict. Obama said keeping US citizens safe is his top priority and he suggested that it ...

Read More »

Masdar shines up Egypt’s remote areas

  ABU DHABI / WAM Masdar, Abu Dhabi’s renewable energy company, has completed the delivery of 30 megawatts of utility-scale clean energy projects and 7,000 solar home systems in remote and strategic areas across Egypt. Together, the four clean energy projects developed by Masdar’s Special Projects unit will power 25,800 homes and displace 42,700 tonnes of CO2 annually, as well as ...

Read More »

DEWA wins ‘academic performance’ award

  Dubai /Emirates Business HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, honoured Dubai Electricity and Water Authority (DEWA) at the 18th Hamdan bin Rashid Al Maktoum Award for Distinguished Academic Performance, held at the Dubai International Convention and Exhibition Centre. The ceremony was attended by HH Sheikh Ahmed bin Saeed Al Maktoum, ...

Read More »

UAE backs Arab countries against terror

  Riyadh / WAM In a statement marking his participation at the GCC-US Summit in Saudi capital, Riyadh, on Thursday, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, said the UAE policy also backs Arab countries in their efforts to stand against the forces of extremism, violence ...

Read More »

Tourism Malaysia finds ATM an ideal platform

  Dubai / Emirates Business Tourism Malaysia’s Deputy Director General (International Promotion) Dato’ Hj. Azizan Noordin will be leading a delegation of 124 Malaysian sellers from 77 organisations to participate in the Arabian Travel Market (ATM). The prestigious annual event will once again be held in Dubai, from April 25-28. The Malaysian delegation is comprises a good mix of hotels ...

Read More »

DWTC fuels Dubai’s entertainment industry

  Ritika Sharma / Emirates Business Dubai World Trade Centre (DWTC) started the year on a strong note by hosting 17 live events in the first quarter, attracting over 75,000 visitors. Enriching Dubai’s leisure event calendar, the past three months has seen a mix of global stars, musicals and comic performances including heavyweight standup Russell Peters, French Armenian music sensation ...

Read More »

Fuel-cheating scam wipes $2.5bn off Mitsubishi stock

  Tokyo / AFP Mitsubishi Motors shares nosedived again on Thursday as panic selling wiped about $2.5 billion off the automaker’s market value in response to its shock admission that it cheated on fuel-efficiency tests. The embarrassing revelation is the latest in a string of recent scandals to hit Japanese firms, while German giant Volkswagen struggles to restore its badly ...

Read More »

UK retail sales fall more than forecast; budget target missed

    Bloomberg U.K. retail sales posted their biggest monthly decline in more than two years in March as Britons bought less of everything from food to clothing. The volume of sales excluding auto fuel fell 1.6 percent from February, the most since January 2014. Total sales dropped 1.3 percent. Both far exceeded the modest declines forecast in a Bloomberg ...

Read More »

VW to cough up $10 billion in US emission cheating deal

  Bloomberg Volkswagen AG has agreed to set aside at least $10 billion to resolve civil claims by the U.S. government and lawsuits by American car owners over diesel vehicles rigged to cheat pollution controls, a person with direct knowledge of the matter said. The parties reached the accord ahead of a Thursday deadline set by a federal judge for ...

Read More »

Obama seeks Gulf help against IS

  Riyadh / AFP US President Barack Obama met Gulf leaders in Saudi Arabia on Thursday to push for an intensified campaign against the IS group, despite strains in ties with Washington. Making what is likely his final presidential visit to America’s historic allies, Obama posed for a summit photo with the six regional leaders, including Saudi King Salman, before ...

Read More »
Send this to a friend