UAE. Emirates, Dubai's flagship carrier, said the European Union's planned carbon emission scheme may cost it as much as US$1 billion over 10 years, as it joined others airlines in objecting to the tax.
From January, airlines flying to or from Europe will have to buy permits from the EU's emissions trading scheme (ETS) for 15% of the carbon emissions produced during the entire flight.
"It (the scheme) will have a very significant impact on Emirates," Andrew Parker, Emirates' senior vice president for industry and environmental affairs, said at a conference in Dubai.
"It's safe to assume som
UAE. This forecast includes spending by healthcare providers (which includes hospitals and physicians' practices) on internal services, software, IT services, data center, devices and telecom services.
INTERNATIONAL. Double-digit growth in Middle East and Africa (16%), North America and the Caribbean (12%) and Australasia and Pacific Islands (11%); PwC's strategy in Africa mirrored that of its international clients who are also expanding across the continent.
UAE. Certificates of Development Capital (CKD) are registered and publicly listed securities on the Mexican Stock Exchange; Abraaj-managed CKD will provide growth capital investments to Mexican mid-cap businesses.
UAE. The Executive Council of Dubai announces the Dubai Inclusive Development Forum; "All the concerned authorities in Dubai are coming together to provide important and essential services for persons with disabilities."
UAE. According to Saxo Bank’s Essential Trades for Q4, there is hope - and investment opportunities - even though the pretend-and-extend cycle of denial persists; "The perfect storm raging through emerging markets is also the biggest opportunity in decades."
INTERNATIONAL. Suspected anchors on the gold price, such as an interest rate increase and devaluation of the yuan, could actually be a rallying cry for commodities, he says in this interview with The Gold Report.