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  Bloomberg Alarmed by a collapse in private investment in China and a surge in state spending? Calm down, say three analysts, who argue that data problems are exaggerating the trend. Investment numbers this year aren’t completely comparable with 2015 because they include firms that recently migrated from the private to the state sector, says Nicholas Lardy, a senior fellow ...

  Bloomberg Indian Oil Corp., the nation’s biggest refiner that’s also boosting its liquefied natural gas business, is lifting purchases of the fuel to take advantage of a price plunge amid a glut. The state-run company plans to buy two LNG shipments per month in the spot market for six months from October, according to Debasis Sen, director of planning ...

  Sharjah / Emirates Business Expo Centre Sharjah, the region’s premier exhibition organiser & events venue, has reported strong performance in the first half of 2016, registering an impressive rise in the number of events held and increase in visitor turnout. According to H1 2016 figures, Expo Centre Sharjah (ECS) hosted 15 consumer & trade exhibitions and conferences as against ...

  Dubai / Emirates Business The French Tech pavilion, a Business France initiative, will be hosting 22 French exhibitors and start-ups that specialize in digital technology at this year’s GITEX in DWTC’s Hall 4 and the new Zabeel Hall from 16 – 20 October. With the help of Business France, the exhibitors will be amongst an estimated 500 start-ups attending ...

  Abu Dhabi / Emirates Business Abu Dhabi Fund for Development (ADFD), the UAE’s international development arms, hosted its annual Women and Innovation seminar to mark Emirati Women’s Day. Moderated by Fatima Al Balooshi, Head of Media and Communications at Abu Dhabi Fund for Development the seminar had key note contributions from Dr Omniyat Al-Hajri, Director of Public Health and ...

  Dubai / WAM Reem bint Ibrahim Al Hashemi, Minister of State for International Cooperation and Chairwoman of the Federal Competitiveness and Statistics Authority (FCSA) unveiled “Emaratiyah – the UAE’s Inspiring Women”, a special edition book that documents the journey of 24 inspiring Emirati women who contributed to the development of the UAE and prospered in different domains of life such ...

  Dubai / Emirates Business Manazil Global Property Development, the Dubai based real estate developer, announced the signing of exclusive partnership with Tamleek Real Estate Co. to be its exclusive sales representative in the UAE for the Adagio Hotel Apartments in Dubai Jumeirah Village Triangle (JVT). Engineer Abdul Mohsen Al Hammadi, CEO Manazil Group, developer and owner of the Hotel ...

  Sirte / AFP Forces loyal to Libya’s UN-backed unity government on Sunday pushed into the last areas of Sirte held by the IS group in what was the extremists’ coastal stronghold. The battle for the hometown of Libya’s slain dictator Moamer Kadhafi was launched more than three months ago by forces loyal to the Tripoli-based Government of National Accord. ...

  Rome / AFP Shoddy, price-cutting renovations, in breach of local building regulations, could be partly to blame for the high death toll from this week’s devastating earthquake in central Italy, according to a prosecutor investigating the disaster. As questions mount over the deaths of nearly 300 people, prosecutor Giuseppe Saieva indicated that property owners who commissioned suspected sub-standard work ...

  Beirut / AFP Turkish shelling and air strikes killed at least 40 Syrians on Sunday, a monitor said, in the first significant civilian casualties in Turkey’s intensifying campaign in northern Syria. Turkey’s state-run Anadolu news agency said the army had killed 25 Kurdish “terrorists” in air strikes as part of its unprecedented operation inside Syria. The bombardments came after Ankara ...