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  Dubai / Emirates Business Within the framework of strengthening cooperation links with educational entities in the UAE, the Mohammed bin Rashid Space Centre (MBRSC) signed a Memorandum of Understanding (MoU) with the United Arab Emirates University (UAEU) in order to develop qualified national human resources to work in the space science and technology sector. The MoU was signed by ...

  Bloomberg Campaigners to get Britain out of the European Union have moved into the lead, according to a YouGov poll that increases the pressure on Prime Minister David Cameron with less than three weeks until the referendum. The online poll for ITV’s Good Morning Britain programme on Monday put “Leave” voters at 45 percent and “Remain” at 41 percent, ...

  Sharjah / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, on Sunday launched a special Ramadan campaign in the UAE that aims to provide 5 million books for children in refugee camps and students in under-privileged schools across the world. The campaign will distribute two million books to children and ...

  Ulan Bator / AFP US Secretary of State John Kerry on Sunday warned Beijing against setting up an air defence identification zone (ADIZ) over the disputed South China Sea during a visit to Mongolia. Washington would consider the establishment of such a zone—which would require civilian aircraft to identify themselves to military controllers—”a provocative and destabilising act,” Kerry said in ...

  Dubai / Emirates Business The upturn in the UAE’s non-oil private sector regained some momentum midway through the second quarter, thanks mainly to a sharp expansion of output. Activity increased at the fastest pace in eight months during May, helped by a pick-up in new business growth. However, data pointed to areas of underlying fragility, as both employment and ...

  ALKESH SHARMA / Emirates Business Financial dynamics are continuously transforming for good reasons in the UAE, which boasts of a much denser concentration of credit cards when compared with other countries in the Middle East. Plastic money has taken the society with a storm and has become regular norm of the daily life. However, economists believe that plastic money ...

  Hanoi / AFP Dozens of activists were detained in Vietnam’s two biggest cities on Sunday as they tried to hold protests calling for greater government transparency over a recent spate of mass fish deaths. Tonnes of dead fish and other marine life began washing up on central Vietnamese shores two months ago and continued to appear for two to ...

  Bloomberg The Swiss probably rejected two popular initiatives that constituted the latest threat to the country’s business-friendly environment. Voters dismissed a measure that would have reduced the pay of Swisscom AG’s chief executive officer by three quarters and also shot down a proposal to establish a universal basic income, according to projections broadcast on Swiss television SRF on Sunday. ...

  Vienna / AFP OPEC looks to be in a happier place with oil prices recovering, but its inability to agree an output ceiling to restrain the flow of crude betrays lingering divisions that could spell trouble ahead, analysts warn. Meeting in Vienna on Thursday, the Organization of the Petroleum Exporting Countries expressed confidence that the crisis of the past ...

  Bloomberg Policy makers should move beyond short-term budget and inflation targets that leave their economies exposed to longer-term debt bubbles like the ones hindering growth since the 2008 financial crisis, Bank of Canada Governor Stephen Poloz said. Central banks with inflation targets like Canada’s are finding that the benefits gained from short-term stability can create dangers in the background ...