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Dubai / Emirates Business UAE Under-Secretary for Foreign Trade and Industry at the Ministry of Economy, Abdulla Al Saleh, and a delegation of high-level government and business representatives paid a visit to Borouge’s Singapore office, the headquarters of Borouge’s Sales and Marketing Company. Warmly welcomed by hosts Rashed Saud Al Shamsi, ADNOC Petrochemicals Director and Chairman of Borouge Pte. Ltd., ...

ALKESH SHARMA / Emirates Business Amid climate uncertainties and an ecosystem where soil character changes after every 100-mile, agriculture systems need to adapt to deal with the significant shifts. Here comes the role of GIS (geographic information system) technology that is contributing to enhance farming efficiency and raising yield. It is also helping agriculturists plan the right crops. GIS is ...

Abu Dhabi / Emirates Business Abu Dhabi Financial Group (“ADFG”), on Wednesday announces that Integrated Capital, its capital markets arm, has increased its stake in the Bahrain-headquartered GFH Financial Group BSC (“GFH”) to 10% on DFM. Integrated Capital is now the largest shareholder in GFH, a well-recognized financial group in the GCC region. Integrated Capital will be available to GFH’s ...

Dubai / Emirates Business A strong international contingent is expected to attend the 9th edition of the GESS Dubai, the leading education show and conference in the Middle East. Over 500 exhibitors have so far confirmed their participation. Six different country pavilions are present at the show, including Korea, Finland, Germany, China, as well as the UK and the USA. ...

Abu Dhabi / EMIRATES BUSINESS Under the patronage of HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and President of Hamdan Bin Mohammed Smart University (HBMSU), the much awaited Innovation Arabia 9 (IA9) Congress is set to kick off in March, under the theme ‘Accelerating Innovation towards Sustainable Economy.’ A select group of regional and ...

Dubai / Emirates Business There is an alarming disparity between people’s desired retirement lifestyle and the amount they are currently saving, according to a survey by the Dubai-based financial planning company Guardian Wealth Management (GWM). GWM conducted a survey of its 3,000 Gulf-based clients asking them about the type of lifestyle they hope to lead upon retirement and the percentage ...

Beijing / Bloomberg China is stepping up support for the economy by ramping up spending and considering new measures to boost bank lending. The nation’s chief planning agency is making more money available to local governments to fund new infrastructure projects, according to people familiar with the matter. Meantime, China’s cabinet has discussed lowering the minimum ratio of provisions that ...

New Delhi / AFP A little-known Indian company has launched a smartphone believed to be the cheapest in the world, targeting a market already dominated by low-cost handsets. Set to be priced at under 500 rupees ($7.30), domestic handset maker Ringing Bells’ Freedom 251 smartphone is about one percent of the price of the latest Apple iPhone. Ringing Bells was ...

Yangon / AFP Japanese auto giant Nissan will start assembling cars in Myanmar for the first time this year, the company said on Wednesday, as it expands its presence in one of Asia’s final economic frontiers. Foreign companies have piled into the Southeast Asian nation since reforms began in 2011, eager to tap into a 51.5 million-strong pool of potential ...

Tokyo / Bloomberg With Japan’s economy shrinking, the stock market in turmoil, and a stronger yen threatening export earnings, Prime Minister Shinzo Abe’scalculus on whether to call a snap general election this summer has suddenly grown more complicated. Another win in the lower chamber along with an expected victory in the upper house vote set for the summer could allow ...