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Nigeria hosts global summit on Boko Haram

  Abuja / AFP Nigeria on Saturday hosted talks on Boko Haram with regional and Western powers, as the United Nations warned of the militants’ ties to the IS group and its threat to African security. Leaders from Benin, Cameroon, Chad and Niger were among the delegates, alongside French President Francois Hollande, and high-ranking diplomats from the United States, Britain ...

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Brazil’s interim president vows to get country ‘back on track’

  Brazil / AFP Brazil’s acting president Michel Temer vowed to get Latin America’s largest economy back on track after a cascade of crises put an end to 13 years of leftist rule. Temer presided over the first meeting of his new business-friendly cabinet, setting out its priorities: creating a leaner government, balancing finances to address a crippling recession, and rooting ...

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UAE gives early education a tech boost

  Ritika Sharma / Emirates Business Technological interventions have changed everything from the way to shop to how we play. It has not left the education industry untouched either. Pencils, notebooks and hand-written assignments have given way to tablets and emails, completely changing the way we looked at education just a decade ago. Countries like UAE are leading the bandwagon ...

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Middle East anchors global yacht market

  ALKESH SHARMA / Emirates Business With an approximate annual growth of upto 5 to 10 percent, the Middle East has emerged as one of the record blossoming markets for yachts and boats globally. There has been a significant surge in buying of yachts, which has given a strong impetus to the manufacturing industry of yachts and boats in this ...

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Veritas to guide on new European data regulation

  Dubai / Emirates Business Veritas Technologies — the global leader in information management — has announced a set of solutions and services to help prepare organizations for the new European General Data Protection Regulation (GDPR) recently finalized by the European Union Parliament. Veritas Enterprise Vaultâ„¢ 12, Data Insight 5.1, Information Map and supporting services including the dark data assessment ...

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Brexit campaign trail heats up for Leave, Remain camps

  Bloomberg Britons eager to find out more about the pros and cons of European Union membership have a wealth of options this weekend, with campaigners for a “Leave” vote in next month’s referendum pledging a publicity “blitz” and their opponents promising “the biggest day of cross-party campaigning in U.K. political history.” Prime Minister David Cameron, opposition Labour Party leader ...

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Weakening UK data in shadow of Brexit puts pressure on Pound

  Bloomberg After a week of warnings about the perils of Britain exiting the European Union, economic data next week may offer traders little reason to be bullish on the pound, the developed world’s worst-performing currency of 2016. For the period covering the June 23 referendum on EU membership, options traders are the most bearish on sterling since at least ...

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Maduro issues emergency decrees as oppn ups ante

  Caracas, Venezuela / AFP Embattled Venezuelan President Nicolas Maduro declared a three-month state of emergency late Friday to face “threats from abroad,” as his emboldened opposition geared for a vote to oust him from office. In an address to the nation, Maduro said he had signed a new state of emergency decree “to neutralize and defeat foreign aggression,” which he ...

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Minister of Energy team tours Solar Park

  Dubai / WAM Suhail bin Mohammed Faraj Faris Al Mazrouei, Minister of Energy, and Matar Hamed Al Neyadi, Undersecretary for the Ministry of Energy, visited the Mohammed bin Rashid Al Maktoum Solar Park, along with the control-centre compound at Warsan. They were received by Saeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (DEWA), Mohammad ...

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Need to boost UAE, Vietnam bilateral coop

  Hanoi / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and International Cooperation, stressed that the UAE and the Socialist Republic of Vietnam are linked by distinct and friendly historical ties, based on a spirit of understanding and mutual respect and mutual desire to develop these relations and boost them for the benefit of ...

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