Seoul warns of fatal consequences as N Korea military drill targets presidential Blue House

  Seoul / AFP South Korea warned Sunday of “fatal” consequences for Pyongyang’s leadership if provoked into conflict, after North Korean leader Kim Jong-Un oversaw a military drill simulating an attack on Seoul’s presidential Blue House. Kim watched with binoculars as North Korea’s special operation forces conducted an exercise aimed at “destroying specified targets of the enemy”, including the Blue House, ...

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Gambia’s Jammeh to contest elections result in court

  Banjul / AFP Gambia’s incumbent head of state Yahya Jammeh will contest in court the election victory handed to opposition candidate Adama Barrow, his party has said. In a shock rejection of his defeat at the polls, Jammeh cited in a speech broadcast late Friday “unacceptable errors” by election authorities. He was referring to a readjustment of the votes ...

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Macedonia votes hoping to end protracted political crisis

  Skopje / AFP Macedonians were voting on Sunday in an early general election in a bid to end a deep political crisis that has roiled the small Balkan country for nearly two years. The vote was called as part of a European Union-brokered deal between Macedonia’s four main political parties after a mass surveillance scandal erupted in February 2015 and ...

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Saudi, Qatar gain after deal with non-OPEC producers

  DUBAI / Reuters Stock markets in Saudi Arabia and Qatar posted broad-based gains on Sunday after OPEC and non-OPEC oil producers a day earlier reached their first deal since 2001 to curtail oil output jointly in a drive to prop up prices. It is not clear whether oil prices can rise much further in response to the deal, and ...

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Speediest traders become less welcome in currency markets

  Bloomberg The most aggressive high-frequency currency traders are showing signs of losing steam, suggesting platforms have succeeded at thwarting some speedy strategies. Electronic specialists are making waves by eclipsing major banks in foreign-exchange trading. But some strategies — focused on fast execution and short-term arbitrage — have reached a “saturation point,” according to the Bank for International Settlements. At ...

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DWTC welcomes 1 million visitors

  Dubai / Emirates Business Dubai World Trade Centre (DWTC), the leading destination for business and trade events in the region, will have hosted a total of 63 consumer and entertainment events until the end of 2016, welcoming over one million visitors. This diverse calendar of entertainment events, ranging from theatrical performances and music festivals to consumer shows and sporting ...

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Dulsco partners with Dubai Municipality to recycle CFL bulbs

  Dubai / emirates business Regional leader in human resources and waste management – Dulsco, is offering to collect energy-efficient lightbulbs across UAE which has potential environmental risks associated if improperly disposed. Dulsco has partnered with Dubai based ‘LAMPS4U’ – a sustainable solutions and technologies company in order to process the recycling of CFL bulbs in an eco-friendly manner. The ...

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Kalimat travels to Beirut with fascinating tales for book lovers

  Dubai / Emirates Business As part of a series of concerted efforts to promote the Arabic language and instil a love of reading in all segments of society, Kalimat Group, a regional frontrunner in the field of Arabic literature publishing and distribution, has participated in the 60th edition of the Beirut International Arab Book Fair (BIABF), which runs until ...

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SBA showcases Arabic culture at Mexico Book Fair

  Dubai / Emirates Business Literary fans in the southern reaches of North America have been able to find out more about Arabic culture following Sharjah Book Authority (SBA)’s participation at Mexico Book Fair. The 30th edition of the annual event saw SBA’s stand receive a great deal of interest from Latin American publishers and visitors keen to learn more ...

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SRK invites you to be his guest in Dubai

  Dubai / Emirates Business Dubai’s Department of Tourism and Commerce Marketing (DTCM) revealed the #BeMyGuest film starring Bollywood superstar, Shah Rukh Khan. After 6 days from the release of the popular campaign teasers which kept Bollywood fans from all over the world in anticipation, the film today firmly establishes why Dubai is the Bollywood superstar’s home away from home. ...

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