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2016.09.28, Wednesday
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New Bankruptcy Law Will Increase Confidence And Investment In UAE

In a recent editorial “The Gulf Today” newspaper commended the new bankruptcy law recently passed by UAE authorities. The law is designed to encourage investment in the region making the UAE a more attractive place to invest, while reducing the ...

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Slumdog Millionaire’ takes seven awards at BAFTAs

“Slumdog Millionaire”, the rags-to-riches tale of a Mumbai tea boy who wins big, swept the board at the British Academy Film Awards (BAFTAs) in London on Sunday with seven prizes including best film. In a star-studded ceremony, Kate ...

Fair-weather friends’ flock back to resurgent Congress

Politicians who distanced themselves from India’s Congress party before its stunning election victory are rushing back with almost indecent haste in the hope of being embraced by the new government. The Congress-led United Progressive ...

The Asian Tour needs to adopt all for One attitude

I met one of our readers this week who said he quite enjoyed reading last week’s column on how the new OneAsia Tour is dividing Asia. He then asked if I thought there was any possible solution to the entire stand-off. I promised I will try ...

Now is not the time to bail out on world banks

Dear Tim, I see that banks like Citigroup are now performing better. Therefore, I was wondering if it was safe to leave our money in their hands again. –Reg Reg, the banks, particularly the larger international ones that have benefitted from ...

Winning in a downturn

Every cloud has a silver lining. They say that while the recession ruins some people it also provides opportunities for others. And according to experts this is the best time to set up a new business. Intrigued by this unusual take on the ...

Indian travel companies focus on Middle East

Indian destination management companies and state tourism boards are showcasing their products at the Arabian Travel Market (ATM) to generate business from the Middle East, industry executives said. EM Najeeb, Chairman, ATE Group, a leading ...

Lauritzen to get ¥15.5bn loan to buy six ships

Mitsubishi UFJ Financial Group, Japan’s biggest bank by market value, and France’s Société Générale will lend ¥15.5 billion (Dh624.4m) to Danish shipper J Lauritzen to buy six ships made in Japan. “We will make the first order ...

Dubai’s Spanish standoff over Colonial

Investment Corporation of Dubai (ICD) has allowed the time limit to pass on its planned deal to buy Spanish property group Immobiliaria Colonial – but this, I suspect, is a tactical manoeuvre to show Dubai will not overpay for assets in this ...