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IHG receives Qatar Financial Markets Authority (QFMA) approval for IPO: Doha, January 1st, 2017  Investment Holding Group (IHG), one of the leading contracting and trading firms in the Qatari construction sector, today announced that it has received approval from the Qatar Financial Markets Authority (QFMA) to list 60% of the Group’s paid-up share capital through an Initial Public Offering (IP0), making it the first Qatari family business […]

BEIJING Heavy smog that blanketed northern China at the weekend cleared somewhat on Monday, with flights in Beijing back to normal, but it was likely only to be a brief respite with more choking smog expected to return to the wintry north within 24 hours. Weather forecasts on Monday showed the smog would return to Beijing and nearby Tianjin city from Tuesday. It was expected to persist […]

By Hyunjoo Jin and Se Young Lee | SEOUL SEOUL Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) said on Monday they aim to increase their combined sales to 8.25 million vehicles globally in 2017, despite rising competition. The 2017 target is slightly higher than their 2016 goal of 8.13 million vehicles. The South Korean automakers’ final sales figures for 2016 are due out later on […]

A novel study reveals that Inflammatory Bowel Diseases like Crohn’s Disease and Ulcerative Colitis can be treated by mere regulation of diet instead of using complex treatments like steroids and medication that have lifetime side effects. Crohn’s Disease And Ulcerative Colitis Crohn’s disease and Ulcerative Colitis (UC) belong to a family of conditions termed as Inflammatory Bowel Diseases (IBD). While both the diseases are chronic inflammatory conditions of […]

Abu Dhabi, 29 December, 2016 ADNOC Distribution has expanded its service station network in the Western Region of Abu Dhabi with the opening of a new service station ‘Barakah’ located near the Barakah nuclear power plant on the Abu Dhabi – Sila’a road. The opening ceremony was attended by Mohamed Hamad Bin Azzan Al Mazrouei, Undersecretary of the Ruler’s Representative Court in the Western Region, Abdulla Salem […]

After December’s No vote in the Italian referendum, the rise of Donald Trump and the British vote to leave the EU, it appears that the political landscape of the developed world is being redesigned by the victims of globalisation and technological change. Anger towards political elites is pervasive. Yet a few rage-free zones remain, of which Japan is the most conspicuous. How come this country, whose economy […]

Authored by Eric Zuesse via Strategic-Culture.org, I’m a former lifelong Democrat, stating here a clear and incontestable fact: Barack Obama is a failed President. It’s true not just because of the sad realities such as that «Top Ex-White House Economist Admits 94 % Of All New Jobs Under Obama Were Part-Time» — or, as the economists Alan Krueger and Lawrence Katz wrote in the original of that study: «94 percent of the […]

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Dubai Chamber of Commerce and Industry has announced that it will launch five new initiatives in 2017 to boost start-ups and entrepreneurs. No details about the new schemes were revealed but a senior Chamber official said in comments published by news agency WAM that efforts to foster innovation and develop Dubai’s entrepreneurial ecosystem will remain a major priority. “With the UAE’s focus on instilling a spirit of […]

Under the five-year contract, Bee’ah will provide integrated waste management services to Dubai Refreshments – the bottling company of Pepsi in Dubai Sharjah, UAE, 29 December 2016 Bee’ah, the leading integrated environment and waste management company in the UAE, has been awarded a five-year contract by Dubai Refreshments (DRC) – the publicly traded distributor of Pepsi in Dubai. As Bee’ah’s first Food & Beverages (F&B) commercial contract, […]

DUBAI // UAE leaders hailed the beginning of a new year promising progress as hundreds of thousands of Emiratis and people from around the world celebrated the arrival of 2017 in Abu Dhabi, Dubai and across the country. Sheikh Mohammed bin Rashid expressed pride for challenges that were overcome and achievements accomplished last year. The Vice President and Ruler of Dubai said he looked forward to the […]

UAE, December 29, 2016: Natura food Imports began providing Hyas Greek water bottles for consumers in Dubai through known sales points including the Blue Mart group in UAE and the Fresh Well supermarket in Marina area, said Philippos Petrakakos, CEO of Natura Food Imports, owner of distribution rights of Hyas water in the region. Petrakakos declared that the UAE is considered as an important gateway for European […]

The traditional paper statement is growing ever longer, complain banks, because they now have to log millions of extra payments from customers tapping their contactless cards. The rapid growth of contactless “tap and pay” and online card transactions means greater volumes of low-value purchases are being recorded line-by-line on bank statements. The average HSBC statement has grown from 2.55 pages to 2.64 pages in the past two […]

Globalization, the path that the world economy has largely followed for decades, took some hefty blows in 2016. The election of Donald Trump as U.S. president and Britain’s decision to leave the European Union have raised questions over the future of tariff-free trade and companies’ freedom to move production to lower-cost countries. Borders are back in vogue. Economic nationalism is paying political dividends. “We […]

BEIRUT Lebanese daily newspaper As-Safir printed its final edition on Saturday, forced to close after 42 years because of financial problems as other news outlets in the country face similar difficulties. The front page led with an editorial entitled “The nation without As-Safir”. “The economy is not well, and nor is politics. This cannot but reflect on and impact the press,” the article said. Chief editor Talal […]

Newly formed alliance to play key role in enhancing innovative leadership and provide essential support for emirate’s efforts to maintain global competitiveness December 29, 2016  Sharjah Tatweer Forum and Sharjah eGovernment have recently signed a new Memorandum of Understanding (MoU) signalling the start of a strategic new partnership aimed towards further promoting the Sharjah Leadership Program (SLP), an initiative aimed towards developing leaders who are well informed […]

BEIJING China’s economy is on a steady growth path as 2016 ends, supported by a housing boom and billions in government investment, but the mood of policymakers is more cautious than celebratory as they face “complexity” in the new year. Controlling risks has been a constant refrain in recent months as the focus of policymakers switches to taming asset bubbles and checking unbalanced growth stemming from efforts […]

Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions. But more than a dozen expected stock offerings of relatively obscure software firms targeting business customers – little-known names such as Apttus, Tintri and Okta – could be just as important in thawing a long-frozen IPO market, according to investment bankers and advisers who work on […]

By Sam Forgione | NEW YORK NEW YORK The U.S. dollar slipped on Friday but notched its fourth straight year of gains against a basket of major currencies. The dollar index .DXY, which measures the greenback against a basket of six major rivals, gained about 3.7 percent for the year. The index rose about 7.1 percent during the fourth quarter, more than half that gain coming since […]

Investors’ positions fluctuated wildly this year after unexpected election results in the UK and US upended markets, ultimately propelling a global stock rally and selling of government bonds as portfolio managers readied for the arrival of fiscal stimulus and inflation. A $66bn rotation into US stocks over the past eight weeks reflects expectations for faster global growth and inflation in the wake of Donald Trump’s surprise US […]

Oil prices were on track for their biggest annual gain since 2009 after the OPEC grouping and other major producers agreed to cut crude output to reduce a global supply overhang that has depressed prices for two years. US benchmark West Texas Intermediate (WTI) crude futures slipped 12 cents to $53.62 a barrel by 1400 GMT on Friday, while Brent front-month March crude futures were down 19 […]

There are two stories we can tell about US higher education. In the first, public two- and four-year colleges face increasing student service costs, 20 percent less state support than they received before the recession, and a shortfall they pass onto students, who now graduate with an average of $30,000 of debt. In the second story, those institutions have contained costs, keeping tuition increases at inflationary levels, […]

A year ago the coffers at Argentina’s central bank were empty as the country teetered on the brink of a currency crisis. Now banks are scrambling to fly dollars back to the US as their vaults fill to bursting with piles of cash.  That would sound like good news for Alfonso Prat-Gay, who as finance minister this week boasted that his tax amnesty had already repatriated $90bn hidden […]

By Yashaswini Swamynathan Wall Street aimed to end 2016 on a positive note, setting up the Dow for its best annual performance since 2013 amid increasing optimism about the outlook for the economy. The markets have shown surprising resilience to major political events, such as Britain’s vote in June to leave the European Union and the election of Donald Trump as U.S. president in November. U.S. stocks, […]

A team of researchers made a significant breakthrough which will help patients with heart problems all over the world. The scientists managed to create synthetic stem cells, which can help the heart tissue regenerate just as well as normal stem cells, while also avoiding the complications associated with them. Promising Results A team of American and Chinese researchers joined efforts in order to provide a better treatment […]

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