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Bloomberg Another year, another increase to your monthly pay-TV bill. Giants including Comcast Corp, Dish Network Corp and AT&T Inc’s DirecTV plan to raise rates again in the new year, a move that could boost revenue but risks alienating subscribers who have been ditching their traditional TV subscriptions in record numbers. Cable and satellite providers are hoping to squeeze more ...

Bloomberg Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand in the world’s second-biggest consumer of the fuel and to growing risks of a global crude surplus. Futures declined 1.6 percent in New York after a turbulent 2018 that saw volatility soar in its final weeks as concerns over the US-China trade dispute ...

ABU DHABI / WAM The Federal Customs Authority has announced that the total value of customs duties transferred by the UAE to the GCC countries amounted to about AED1 billion in 2018, as well as transfers from the GCC to local customs administrations. The transfers were through the implementation of 168,726 transactions in the automated transfer customs duty (ATCD) system, ...

DUBAI / WAM Dubai Municipality said that it won the first prize in the eighth edition of the Climate Change Awards 2018 for the results of the study on the use of nanotechnology in paints under prevailing climatic conditions and their impact on reducing the carbon footprint. The award comes as an embodiment of the municipality’s commitment to its strategic ...

Abu Dhabi / WAM Abu Dhabi Sustainability Week, (ADSW) which will be held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, from January 12-19 will witness significant growth in the number of participating countries and visitors, by a rate exceeding 250 percent ...

DUBAI / WAM Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and The Future, has emphasised that any discussion on civilisations is rendered null and void if “you do not refer to the exceptional leaders who develop the values, principles, and visions that drive these civilisations.” “The Greek civilisation introduced us to men of learning such as Aristotle, Plato, ...

DUBAI / WAM The Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, continues to develop its infrastructure that support the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to further develop the emirate’s infrastructure and enhance its efficiency as one of the ...

Abu Dhabi / WAM Up to 540,359 business activity licenses were issued by the end of December 2018, circa 1.6 percent up from August of the same year, according to the Ministry of Economy’s statistics. The growth reflects the uplift recorded since the beginning of the year across all economic platforms in a way that will spur the GDP, which ...

Dubai / WAM Global Village, the world’s leading multicultural Festival Park and the region’s first family destination for culture, shopping, and entertainment, announced a new attendance record with more than three million guest entries over the two-month period since its opening on October 30, 2018. Based on this performance and guest feedback, this makes for unprecedented performance, especially as Global ...

Aden / WAM Yemen’s Minister of Information, Muammar Al-Iryani, has commended the World Food Programme (WFP)’s reaction to Houthi militia’s manipulation of food aid. In statement to the Yemeni News Agency, Al-Iryani said, “The WFP’s account indicates that Houthi militia is deliberately exacerbating humanitarian crisis, causing people in its controlled regions to suffer starvation in order to capitalise on their ...