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Dubai / WAM Over the summer travel months of July and August, Emirates handled nearly 1.2 million customers at its hub, compared to 402,000 customers during the same period in 2020, highlighting the safe and smooth resumption of international travel to and through Dubai. In fact, in 2020, Emirates was the largest international airline carrying over 15.8 million passengers, according ...

ABU DHABI / WAM Etisalat announced that all its postpaid and prepaid customers would be able to access their Al Hosn app in public places without activating or purchasing a data plan. Al Hosn App is now whitelisted so that any data consumed while using the app will not come off a mobile subscribers’ allowance, said an Etisalat statement on ...

DUBAI / WAM The Kingdom of Netherlands has launched “The Uniting Water Energy Food Innovation Tour” that aims at identifying and scaling up some of the most innovative start-up solutions in the fields of water, energy and food. The tour covers the fastest growing innovation ecosystems in the world and will culminate at the finals taking place at the Expo ...

DUBAI / WAM Emirates Global Aluminium (EGA) on Monday announced the launch of this year’s edition of the company’s Al Robot competition, which challenges university students to design and build industrial robots for use at EGA’s aluminium smelters. The Al Robot competition is now in its fourth year, and aims to support young people to develop real world skills in ...

Bloomberg Toshiba Corp said it won’t be able to meet demand for power-regulating chips for another year and, in certain cases, through the end of 2022, offering a fresh warning for makers of cars, consumer electronics and industrial machines struggling with component shortages. “The supply of chips will remain very tight until at least September next year,” said Takeshi Kamebuchi, ...

Bloomberg Grab Holdings Inc, set to go public in the US through a deal with a blank-check company, is launching an online supermarket in the Philippines as it tries to move beyond meal deliveries and ride-hailing to boost revenue. Consumers in Metro Manila area, with a population of more than 13 million, will be able to order vegetables, meat, seafood ...

Bloomberg Aibee, a Chinese artificial intelligence startup, is planning a funding round to raise about $100 million, according to people familiar with the matter. The Sequoia Capital China-backed firm could seek an initial public offering after the fundraising, however no final decision has been made, the people said, asking not to be identified as the information isn’t public. Details of ...

Bloomberg Indian e-commerce retailer Snapdeal Pvt is considering an initial public offering that could raise about $400 million, joining a growing list of startups preparing to tap capital markets as the nation’s digital economy booms. The company, which counts SoftBank Group Corp among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at ...

Bloomberg Activity in India’s dominant services sector expanded for the first time in four months as pandemic restrictions were loosened, a survey showed. The Markit India Services PMI SA rose to 56.7 last month from 45.4 in July. The August reading is the highest since February 2020 for a sector that makes up more than half of India’s economy. A ...

Bloomberg More than 1 billion Asians are set to join the global middle class by 2030, according to a new study that predicts the pandemic will prove just a temporary pause in the world economy’s great demographic shift. The middle class — households where per-capita spending is between $11 and $110 a day — amounts to some 3.75 billion people ...