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U.S. wants U.N. vote Tuesday on Syria gas attack inquiry

U.S. wants U.N. vote Tuesday on Syria gas attack inquiry

UNITED NATIONS – The United States plans to call for a UN Security Council vote on Tuesday on a proposal for a new inquiry into responsibility for use of chemical weapons in Syria after reports of a , diplomats said. After President Donald Trump warned on Monday that there would […]

No more a shadow war: Confrontation between Israel and Iran intensifies

No more a shadow war: Confrontation between Israel and Iran intensifies

Israel does not the attack in Syria at the T4 base near the city of Homs. At the same time, it seems that the US and Russia have completely shattered Israel‘s ability to deny the action. While the public debate and the struggle for national interests and prestige are increasingly […]

Africa urged to transform to attract more FDI

Africa urged to transform to attract more FDI

Dubai: Africa needs to transform itself to attract Foreign Direct Investment, one speaker at the Annual Investment Meeting, being held in Dubai, said. FDI flows to Africa fell 3 per cent to $59 billion (Dh216.7 billion) in 2016, down from $61 billion in 2015, according to United Nations’ figures. “We […]

5G roll-out expected to fuel digital economy

5G roll-out expected to fuel digital economy

Dubai: Fifth generation mobile wireless networks (5G) are opening doors to a digital economy and telecom operators can play a major role in that transformation, a Saudi Telecom Company (STC) official said. Haithem M. Al Faraj, senior vice-president of technology and operations at STC, said that 5G will be a […]

SCA amends disclosure, transparency systems

SCA amends disclosure, transparency systems

Abu Dhabi: The Securities and Commodities Authority (SCA) said it has issued a resolution to amend the definition of “related group” on its disclosure and transparency system. According to the amendment, the definition of “related group” includes people who have agreed or arranged to own, influence or control, whether directly […]

Dubai index snaps 6-day losing streak

Dubai index snaps 6-day losing streak

Dubai: Dubai index snapped a six-day losing streak on Monday as bargain buying emerged from the lows. The Dubai Financial Market General Index closed 0.36 per cent higher to 3,082.13. Traded value remained on the weak side, and came in at Dh214 million, compared to Dh96 million in the previous […]

GCC economies to see revival in GDP growth in 2018

GCC economies to see revival in GDP growth in 2018

Dubai: Broad-based pick-up in economic growth is expected across Gulf Cooperation Council (GCC) countries in 2018, with most economies seeing an uptick, according to economists at Standard Chartered. “In the GCC, we see growth rising to 2 per cent in 2018 from an estimated 0.3 per cent in 2017. The […]

Horoscope: April 10, 2018

Horoscope: April 10, 2018

IF IT’S YOUR BIRTHDAY TODAY You enjoy living well, but if things are too predictable, boredom sets in. Your job is to achieve a balance between being happy with the here and now, yet ensuring the fiery side of your nature is occupied. This, which is accented by your ruler […]

Mena merger deals down 20% in Q1 2018

Mena merger deals down 20% in Q1 2018

Dubai: Mergers and acquisitions across the Middle East and North Africa (Mena) region declined by 20 per cent in the first quarter of 2018, largely driven by factors such as geopolitics and volatile public policies, according to industry experts. Speaking at an industry conference, experts said improving business confidence is […]

Dubai school celebrates 50 years of service

Dubai school celebrates 50 years of service

Dubai: From one room in Bastakiya to a huge campus for more than 10,000 students, GEMS Our Own English High School (OOEHS), one of Dubai’s oldest and biggest schools, celebrated its 50th anniversary on Monday. At a ceremony held at the school, now located in Warqaa, the OOEHS community and […]