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Apple stock drop fails to deter Magellan from ‘tech spree’

  Bloomberg The decline in Apple Inc.’s share price over the past year has failed to deter one of Australia’s top performing equities managers from boosting its exposure to the iPhone maker and other technology firms as they embark on an “arms race” that’s set to upend global business. Magellan Financial Group Ltd.’s flagship fund is also betting on software ...

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Reviving frescoes

  AFP Deep in the heart of a medieval monastery in Nepal’s remote Upper Mustang region, the battle to restore sacred murals and preserve traditional Tibetan Buddhist culture is in full swing. Tsewang Jigme is among the artists toiling to safeguard the unique cultural heritage of this former Buddhist kingdom high on the Tibetan plateau, which escaped the ravages of ...

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Open office is here to stay

  Bloomberg The open office plan that everybody loves to hate is here to stay. The ideal seating plan still involves sitting almost on top of your co-workers, according to new research from Harvard Business School in collaboration with Cornerstone OnDemand. What changes, however, is who exactly sits next to whom. For two years, researchers followed the seating arrangements and ...

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Mohammed visits Masdar City, reviews projects, future plans

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum visited on Monday the headquarters of Abu Dhabi’s renewable energy company (Masdar), in the capital Abu Dhabi, where he toured Masdar City and reviewed major clean energy projects and initiatives. HH toured Masdar city, which hosts ...

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Dubai Customs to implement Government Excellence System

  DUBAI / WAM Dubai Customs (DC) launched an integrated action plan to implement the fourth generation of Government Excellence System, launched by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in 2015, to upgrade the government work system based on innovation and standards of excellence. DC has begun conducting awareness ...

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Nedaa, Serco new SLA pact to ensure Dubai Metro ops

  Dubai / WAM Professional Communication Corporation – Nedaa, a trusted and reliable choice in the field of wireless communication supply in Dubai and Northern Emirates, revealed that it has renewed its Service Level Agreement (SLA) partnership with Serco, an international service company supporting governments, agencies and the private sector to improve their services, overcome challenges and achieve strategic goals. The ...

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DEWA gives priority to people with disabilities, says Al Tayer

  DUBAI / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA) said that DEWA gives priority to people with special needs by launching initiatives to enhance its services for them. He added that DEWA also develops plans to help overcome any obstacles that may stand in their way by positively engaging with their ...

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Empower exempts customers from ‘online transaction fees’

  DUBAI / WAM The Emirates Central Cooling Systems Corporation (Empower) exempted customers from paying any transaction fees when they pay online using credit cards, in a bid to increase the efficiency of its services, rationalise costs and enhance reliability in financial transactions. By targeting its wide range of customers in the residential and commercial sectors, Empower says it seeks ...

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Dar Al Ber charity projects valued at AED1.2bn over 37 yrs

  DUBAI / WAM The Dar Al Ber Society, DABS, has run a variety of charitable, relief, and constructional projects in the UAE and across the globe, worth over AED 1.2 billion in 37 years. Abdullah Ali bin Zayed, Executive Director of Dar Al Ber, said that the Dubai-based charity association spares no effort to assist whoever in need for ...

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Dubai Tourism launches report to set stage for sector development

  Dubai / Emirates Business The Department of Tourism and Commerce Marketing, Dubai Tourism, has launched its inaugural ‘Ticketed Events in Dubai’ 2015 report, as it seeks to share collective findings to better equip organisers in the decision making process. The report will help grow existing events and to launch new ones based on type, scale, price points, calendar opportunities, ...

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