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DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has approved Executive Council Resolution No (8) of 2016 pertaining to the collection of fees from passengers using facilities in Dubai Airports. As per the resolution, every passenger leaving the UAE from any of Dubai’s airports, including transit ...

Dubai / WAM Eager to snap up the unbeatable deals on the latest must-have gadgets, thousands of technophiles flocked to GITEX Shopper Spring, the region’s leading and highly anticipated consumer electronics event, on its opening day. Inaugurated by Sami Al Qamzi, Director General, Department of Economic Development in Dubai, in the presence of Helal Saeed Al Marri, Director General, Dubai ...

Geneva / AFP UN chief Ban Ki-moon on Wednesday called for greater global efforts to tackle the Syrian refugee crisis, as he opened a conference on securing resettlement places for nearly half a million of those displaced by the five-year conflict. “We are here to address the biggest refugee and displacement crisis of our time,” Ban told the conference in ...

Paris / AFP French President Francois Hollande said on Wednesday he was scrapping contested constitutional reforms proposed after the Paris attacks, in an embarrassing U-turn for his already beleaguered government. The reforms included a plan to strip convicted terrorists of their French nationality which led to howls of protests from the left flank of his Socialist party. Hollande also wanted ...

Emirates Business The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority (DAFZA) officially launched on Wednesdaythe digital portal of the ‘Oasis of Innovation in Islamic Economy’, concurrently with the groundbreaking of the first global oasis dedicated to incubating creative ideas and entrepreneurial projects in support of the international Islamic economy. His EminenceDr. Abdulrahman Bin Saleh Al-Atram, ...

RITIKA SHARMA / Emirates Business A huge fire which nearly destroyed buildings in the Ajman One residential cluster on Monday night left residents devastated after losing everything from important documents to a place to stay. Misconceptions and pre-conceived notions, regarding home and content insurance, made things difficult for those who were affected by the fire. In wake of the incident, ...

Taipei / AFP Taiwan’s tech giant Hon Hai said on Wednesday it had finally sealed a takeover of Japanese electronics maker Sharp in a “historic” deal worth 389 billion yen ($3.5 billion). It is the first foreign acquisition of a major Japanese electronics firm and comes after weeks of delays, with Hon Hai buying a 66 percent controlling stake. But ...

Brussels / AFP India’s prime minister will hold talks with EU leaders in Brussels, seeking to boost investment from his country’s biggest trading partner and deepen cooperation on counterterrorism. Narendra Modi was to meet European Council President Donald Tusk and European Commission President Jean-Claude Juncker in Brussels for the 13th EU-India summit, held little more than a week after deadly ...

Bloomberg Federal Reserve Chair Janet Yellen spelled out what she means by data dependence, asserting her leadership of the U.S. central bank with a clear message that interest rates will be raised at a cautious pace. In one of her most detailed policy discussions this year, Yellen gave investors a list of conditions they need to watch for future rate ...

Brussels / AFP Brussels airport said it would not reopen on Wednesday despite drills to test resuming partial services after the suicide bombings that struck its departure hall and a metro train, as Belgium lowered the death toll to 32. Zaventem airport has been closed since twin bombings wrecked the departure hall on March 22, in coordinated suicide attacks that ...