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BUSINESS
| Top 100 young entrepreneur projects honoured |
| DUBAI — Shaikh Mansour bin Mohammed bin Rashid Al Maktoum, honoured the top 100 projects and the best 10 participating in the ‘Young Entrepreneur Competition 2012’, organised by Dubai SME. |
| NMC Health may expand in Qatar and Saudi Arabia |
| DUBAI — NMC Health, the first Abu Dhabi company to list on the premium segment of the London Stock Exchange, seeks to expand in countries including Qatar and Saudi Arabia within three years as profit grows. |
| UAB upbeat on banking sector |
| DUBAI — Banking industry in the UAE is expected to see a better year in 2012 with lower non-performing loans (NPLs) as the economy of the country is witnessing stability signs, according to a senior banker. |
| Changing face of energy security |
| The energy security is witnessing a changing face with renewable energy expected to play an important role to address future energy requirements. Close to 80 per cent of the world’s energy supply could be met by renewable by mid-century if backed by the right enabling public policies. |
| Incentives that work |
| Many businesses have had to cut back in economic hard times and that often means employees feel the financial pinch too. The thing is, what keeps your workers with you during the hard times isn’t the money after all. |
| Why so much debt? |
| As we see financial news network’s preaching of the global economic recession, inflation going up, the rise in health care, so many that are jobless, and so on, we tend to look at the economic upheaval now than look towards the future of where we are going to be in the UAE for the next decade or so. |
| US job growth slows |
| WASHINGTON - Employers pulled back sharply on hiring last month, a reminder that the US economy may not be growing fast enough to sustain robust job growth. The unemployment rate dipped, but mostly because more Americans stopped looking for work. |
| French deficit widens |
| PARIS - France’s trade deficit widened unexpectedly in February to hit a five-month peak, highlighting the country’s uphill battle to boost its competitiveness abroad weeks from a presidential election. |
| Boeing pulls ahead of Airbus in Q1 |
| PARIS - Boeing overtook Airbus in deliveries in the first quarter, setting itself on course to recapture the coveted number one spot in annual aircraft production for the first time since 2002, company data showed this week. |
| Paris Gallery upbeat about UAE business confidence |
| ABU DHABI - The luxury fashion retailer Paris Gallery is upbeat on the rising business confidence in the second biggest Arab economy, as it projects up to 15 per cent growth in sales of branded perfumes, watches and cosmetics this year. |
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