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RITIKA SHARMA / Emirates Business Due to oil price slump, 2016 seems to be a cautious year for most of the industries. However, UAE real estate market looks somewhat unaffected. According to a GCC-centric survey, real estate industry salaries are expected to remain stable in the coming months of 2016. The average monthly salaries for the Middle East real estate ...

Brussels / AFP Belgium has charged two new suspects over last month’s deadly Brussels airport and metro attacks, as police pursue the investigation “night and day”, the federal prosecutor’s office said on Tuesday. A statement said Smail F and Ibrahim F were “charged with participation in the activities of a terrorist group, terrorist murders and attempts to commit terrorist murders, ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, on Monday received Giorgi Kvirikashvili, Prime Minister of the Republic of Georgia, and his accompanying delegation at the Dubai World Trade Centre. Sheikh Mohammed bin Rashid welcomed his guest, and the two sides discussed a number of topics ...

Dubai / Emirates Business On World Parkinson’s Day, the Dubai Health Authority run Rashid Hospital announced that it opened a dedicated Parkinson’s clinic. The move is in line with the Authority’s vision to provide specialised care for patients. Dr Abubaker Al Madani, head of neurology department at Rashid Hospital, said: “At the moment the clinic will be held twice a ...

Dubai / Emirates Business Under the patronage of HH Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Sumansa Exhibitions announced the grand launch of “The Dubai Show” in a Press Conference held at the iconic Burj Al Arab. With an aim of presenting all that Dubai has to offer to the world, the first edition of The Dubai Show, will ...

HIROSHIMA / AP A gut-wrenched John Kerry said Hiroshima’s horrible history should teach humanity to avoid conflict and strive to eradicate nuclear weapons as he became the first US secretary of state to tread upon the ground of the world’s first atomic bombing. Kerry’s emotional visit on Monday to the Japanese city included him touring its peace museum with other ...

Singapore / AFP China’s economic slowdown will hit growth in developing East Asia and the Pacific from this year until at least 2018, the World Bank said on Monday, warning of volatile global markets and urging caution. Regional growth is forecast to slow from 6.5 percent in 2015 to 6.3 percent this year and 6.2 percent in 2017 and 2018, ...

Tokyo / Bloomberg For global equity investors and Shinzo Abe, it’s splitsville. Starting in the first days of 2016, foreign traders have been pulling out of Tokyo’s stock market for 13 straight weeks, the longest stretch since 1998. Overseas investors dumped $46 billion of shares as economic reports deteriorated, stimulus from the Bank of Japan backfired and the yen’s surge ...

Bloomberg Greece said it’s aiming for an agreement with creditors on the next tranche of emergency loans by the beginning of May as German Finance Minister Wolfgang Schaeuble sought to play down debt relief expectations. “We have almost identical estimates with the European Commission,” Minister of State Nikos Pappas, Prime Minister Alexis Tsipras’s closest ally in the government, said in ...

Bloomberg When it comes to inflation, bond traders are finally starting to listen to the Federal Reserve. After trying, and failing, to convince investors the steep drop-off in inflation in the past year was just a short-term blip, the Fed is now winning them over. Since mid-February, the outlook for consumer-price gains has soared from post-crisis lows as oil rebounds ...