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The alternative way to pay

  Ritika Sharma / Emirates Business Banking apps and mobile wallets will soon surpass the traditional payment methods in the UAE as more and more customers seek comfort in cashless payment systems. A vast appetite for technological advancements in the payments industry is helping in making the country one of the leading countries in the world, when it comes to ...

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Non-OIC nations move up Muslim travel index

  Alkesh Sharma / Emirates Business Members of the Organisation of Islamic Countries (OIC) always have a unique advantage when it comes to Muslim travel, thanks to the plethora of Muslim-friendly facilities and services available. However, some non-OIC destinations have also started targeting the Muslim travel market and are making sustainable efforts to offer tailor-made services to attract them. Recent ...

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Mobile Capture tech to transform IT sector

  Sunaina Rana / Emirates Business Mobile phones are an integral part of digital advancements that are transforming almost every sector these days. Experts say the Mobile Capture technology will change the face of information management soon. Stressing on the importance of a high-tech future, Emma Isichei, Worldwide Category Director, Capture Solutions at Kodak Alaris, emphasizes the need for adopting ...

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Iran hopes to join nuclear fusion power plan in France

  NEW YORK / AP Iran is hoping to join an international project in southern France that hopes to build the first machine to generate significant amounts of energy using nuclear fusion, which is considered a clean, safe and virtually limitless form of nuclear power. Laban Coblentz, spokesman for the ITER project, said a high-level Iranian delegation led by nuclear ...

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Kazakh ruler retools nation for era of low-cost crude

  Bloomberg As Kazakhstan’s leader celebrated his 76th birthday this week, the social bargain that’s underpinned his more than quarter-century in charge is crumbling. President Nursultan Nazarbayev’s plans to retool his nation for an era of low-cost crude are meeting resistance from protesters opposed to land reforms and, more recently, from religious radicals. The struggle to implement his overhaul is ...

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India’s steel import curbs raise prices and hit consumption

  Bloomberg India’s steel consumption dropped in June for the first time in at least 15 months, as curbs on imports raised prices in the domestic market. Demand fell 4.3 percent to 6.8 million metric tons from a year ago, the first drop since at least April 2015, when the Steel Ministry began to publish monthly data. Steel output in ...

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DMCA launches Dubai Maritime Cluster Office to enhance activities

  Dubai / WAM Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of Dubai’s maritime sector, announced the launch of the Dubai Maritime Cluster Office, which is aimed to help support efforts directed in helping realise the objectives of the Dubai Maritime Sector Strategy (MSS) to make the emirate a leading global maritime ...

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‘Everyone has humanitarian, ethical duty towards cancer patients’

  Sharjah / Emirates Business The administration of Children’s Cancer Hospital Egypt in Cairo, the largest dedicated paediatric cancer hospital in the Arab region, praised the support it has received from Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah, Founder and Royal Patron of the Friends of Cancer Patients (FoCP), International Ambassador of the ...

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Brexit shadow hangs over key Australian elections

  Sydney, Australia / AFP Australia heads to the polls on Saturday with a suave multi-millionaire former banker vowing only he can ensure stability in the wake of the Brexit vote for a nation used to a revolving door of prime ministers. Malcolm Turnbull, 61, became Australia’s fourth leader in just over two years when he ousted fellow Liberal Tony Abbott ...

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UAE hotspot for Muslim travellers

  ALKESH SHARMA / Emirates Business Increasing availability of Muslim-friendly travel facilities in the UAE, coupled with easy access to travel information about the nation is facilitating Emirates to strengthen its position as one of the most-sought-after destinations in the global Muslim travel market. Travel industry is expecting a nearly 18 percent increase in the arrival of Muslim tourists to ...

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