Dubai / Emirates Business Emirates on Monday announced the resumption of flights between Dubai and Istanbul’s Sabiha Gokcen Airport, starting June 8. The resumption of services on the route will allow customers two destination options when travelling Emirates to Istanbul. The flight will be operated five times a week by an Emirates Boeing 777-300ER in a three class cabin configuration, ...

Dubai / WAM Coinciding with the designation of the year 2018 as the ‘Year of Zayed’, Dubai-based publisher Motivate Publishing has issued a new book, ‘Father of Our Nation’, containing collected quotations from the late Sheikh Zayed bin Sultan Al Nahyan, the UAE’s founding President. 2018 is the 100th anniversary of his birth. Illustrated with a selection of historic photographs ...

Abu Dhabi / WAM Dr Sultan bin Ahmad Sultan Al Jaber, Minister of State and Chairman of the Abu Dhabi Future Energy Company, Masdar, welcomed Their Highnesses the Sheikhs, presidents, ministers and guests of the World Future Energy Summit, as part of Abu Dhabi Sustainability Week 2018, while praising the vision of the wise leadership and its support for the ...

Dubai / Emirates Business International Expo Consults (IEC) part of Falak Holding, earmarked textile printing, digital signage, LED – the sectors to watch out for in 2018. The digital textile printing market is expected to grow at an impressive CAGR of more than 18% globally till 2021. SGI Dubai show caters to the needs of exhibitors and visitors in the ...

Bloomberg Xiaomi Corp. selected Morgan Stanley and Goldman Sachs Group Inc. among international banks for its planned initial public offering, a person with direct knowledge of the matter said. Credit Suisse Group AG and Deutsche Bank AG have also been chosen to work on the IPO that could see the company target a valuation of as much as $100 billion, ...

Bloomberg Naspers Ltd. is in talks to lead an investment of as much as $200 million in India’s Swiggy to increase its stake in the online food-delivery company, according to two people familiar with the matter. Africa’s biggest company by market value plans to team up with China’s Tencent Holdings Ltd. to put together the new financing round, said the ...

Bloomberg China is escalating its clampdown on cryptocurrency trading, targeting online platforms and mobile apps that offer exchange-like services, according to people familiar with the matter. While authorities banned cryptocurrency exchanges in 2017, they’ve recently noted an uptick in activity on alternative venues. The government plans to block domestic access to homegrown and offshore platforms that enable centralised trading, the ...

Bloomberg Richest Indian Mukesh Ambani’s telecom venture is on course to record its first-ever quarterly profit this financial year, aided by the government’s decision to slash interconnection fees, people with knowledge of the matter said. Reliance Jio Infocomm Ltd., a unit of the nation’s most valuable company Reliance Industries Ltd., may report a net income this month itself when it ...

Bloomberg Alibaba has developed an artificial intelligence model that scored better than humans in a Stanford University reading and comprehension test. Alibaba Group Holding Ltd. put its deep neural network model through its paces, asking the AI to provide exact answers to more than 100,000 questions comprising a quiz that’s considered one of the world’s most authoritative machine-reading gauges. The ...

Bloomberg Despite a US holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major currency. The euro’s jump weighed on European stocks, while gold gained. Bloomberg’s dollar index approached its lowest level in three years as the euro extended gains that have pushed it to the strongest since 2014. The ...