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Spanish army called in as snow traps thousands on roads

Madrid - Emirates voice

Spain deployed 250 soldiers on Sunday to help rescue thousands of people trapped in their vehicles by heavy snow overnight on a highway near Madrid, officials said. The army's emergency unit UME said it sent two companies of specialist soldiers and 95 vehicles to free over 3,000 vehicles that became stranded on the AP6 highway linking Madrid and the northwestern cityRead more

Emirates NBD UAE PMI: Non-oil private sector growth hits 34-month high

DUBAI - Emirates Voice

December data signalled a strong end to the year for the UAE’s non-oil private sector, with business conditions improving at the sharpest pace in 34 months, according to the latest UAE PMI survey. It added, "Steep expansions in output, new orders alongside solid export demand growth underpinned the most recent upturn. In terms of inflation, input cost pressures softened duringRead more

US resumes fast processing of some H-1B visa

Abu Dhabi - Emirates Voice

The US has announced resuming faster processing of H-1B work visas, popular with Indian techies, for high skilled foreign professionals in categories exempt from Congress-mandated limit, which are mostly for higher education and scientific research institutions. The H1-B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertiseRead more

Facebook to build housing in Silicon Valley for first time

Abu Dhabi - Emirates Voice

The shortage of housing in California's Silicon Valley has gotten so severe that Facebook proposed taking homebuilding into its own hands for the first time with a plan to construct 1,500 units near its headquarters. The growth of Facebook, Alphabet's Google and other tech companies has strained neighbourhoods in the San Francisco Bay area that were not prepared for anRead more

World stocks hit record after US Fed minutes

Abu Dhabi - Emirates Voice

World stocks hit record highs on Thursday and the dollar dipped after the US Federal Reserve signalled caution in raising interest rates. European shares opened higher, but quickly dipped into negative territory. The pan-European STOXX 600 index was last down 0.3 per cent, led lower by resources companies after a four per cent drop in iron ore on China's DalianRead more

No permit for your event? Oman Ministry will shut it down

Muscat - Emirates Voice

Companies organising conferences, seminars, training, events and lectures should apply for proper approvals from competent authorities at least three months before holding any events, the Ministry of Commerce and Industry said. “The Ministry of Commerce and Industry has observed that some of the establishments are holding events without obtaining the required approvals. Thus the Ministry urges all to submit theirRead more

Qatar Stock Index Drops 117.61 Points

Doha - Emirates Voice

Qatar Stock Exchange (QSE) index dropped 117.61 points (-1.16%) when the bourse closed trading at 9,992.84 points Tuesday. The volume of shares traded increased to 11,321,838 from 8,413,808 on Monday and the value of shares increased QR329,363,630.86 from QR208,671,265.22 on Monday. From the 44 companies listed on QSE, shares of 39 saw trading today. From these 9 gained and 28Read more

Cooperation with specialised British companies hailed

Manama - BNA

Minister of Electricity and Water Affairs Dr. Abdulhussain Mirza received a delegation from Watership Down International, led by Chief Operating Officer Barrington Ward and accompanied by GRS Middle East Managing Director Rob Cable, Bahrain British Businessmen Forum Vice Chairperson Paula Boast and a representative of the British Embassy. The minister was briefed on the company's activities in the field ofRead more

HH the Emir Visits QITCOM Exhibition, Launches Sadeem Project

Doha - Arab Today

HH the Emir Sheikh Tamim bin Hamad Al-Thani on Monday visited Qatar's information and communication technology exhibition (QITCOM 2017), currently organized by the Ministry of Transport and Communications at Qatar National Convention Center under the theme "Qatar Towards a Smart Future." HH the Emir visited Qatar Smart City that presents the Qatar Smart Program (TASMU), which focuses on the developmentRead more

MP calls for re-operating closed companies

Cairo - Mohamed Al Toni

Egyptian parliamentarian Mohamed Wahab Allah warned of the repercussions of calls for closing factories and selling them, saying that such a step could affect families and harm Egypt's national industry. He expressed , in an interview with "Arabs Today", his refusal to the proposals to privatize the suspended factories, saying, "What we suffered during 1990s is enough, as theRead more