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TOKYO / Bloomberg The best way to boost the economy is to quickly implement the existing budget for the next fiscal year, Prime Minister Shinzo Abe said on Tuesday, rejecting speculation he would announce a supplementary spending package. Speaking after the parliament passed a record 96.7 trillion yen ($850 billion) in outlays for the 12 months starting April 1, Abe ...

Bloomberg Newspapers have settled on a strategy to stop withering away: feast on each other for survival. For the owners of big-city dailies like the Chicago Tribune and Denver Post, buying smaller publications and slashing costs has become a way to buy time while figuring out how to make more money online. That was the logic behind the recent failed ...

Emirates Business The number of internet users in the Arab World is expected to rise to about 226 million by 2018, according to the Arab Knowledge Economy report 2015 – 2016. The Internet penetration rate will jump from about 37.5 per cent in 2014 to over 55 per cent in 2018, or about 7 per cent above the estimated world ...

Emirates Business As part of its efforts to introduce its partners and members of the diplomatic corps to its future plans as well as to inform them about the economic landscape of the emirate, the Dubai Chamber of Commerce and Industry organised Diplomatic Circle Dinner for ambassadors and members of the Arab and international diplomatic corps in the UAE at ...

Emirates Business Organisers of Codemotion Dubai, to be held from April 1–2 at the Impact Hub, Downtown Dubai, have announced that there is a high demand for tickets for one of Europe’s largest tech conferences devoted to coding development, which is being held for the first time in the Middle East. Offering a unique platform for pioneering coding developers and ...

Brussels / AFP Turkish President Recep Tayyip Erdogan heads to the United States for only the second visit of his presidency at a time when relations between the two key NATO allies are severely tested by widening differences over the Syria conflict and human rights. Erdogan, who became president in August 2014 after over a decade as premier, has yet ...

Abu Dhabi / WAM Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Monday received Arkin Amir Albak, Vice Chairman of the Standing Committee of the National People’s Congress of China and Chairman of the China-Arab Friendship Society, to discuss a variety of parliamentary issues and areas of joint co-operation between ...

Dubai / WAM More than 250 exhibitors have already confirmed their participation for the 16th Airport Show 2016, being held in Dubai from May 9 to 11. The show has also seen remarkable growth in exhibition space, number of Hosted Buyers and pre-registered participants, according to Reed Exhibitions Middle East, the event organisers. The show will occupy an exhibition space ...

Abu Dhabi / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the Board of Dubai World Trade Centre Authority, on Monday announced the 2015 annual performance results of Dubai World Trade Centre (DWTC) highlighting an impressive 12% year-on-year increase in traffic to deliver 2.74 million delegates and attendees, coupled ...

WAM Abu Dhabi Airports is marking a decade of innovation in aviation this year as the company celebrates its tenth anniversary. Created in 2006 through an Amiri Decree from the Executive Council of Abu Dhabi, Abu Dhabi Airports Company was formed to spearhead the development of the Emirate’s aviation infrastructure, and assumed responsibility for the operation and management of Abu ...