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Bloomberg While competitors race to catch up with Netflix Inc., the largest online TV service in the world is adhering to a simple strategy to maintain its lead: you have to spend money to make money. The streaming pioneer will deploy as much as $8 billion on programming next year, as much as a third more than in 2017. The ...

DUSHANBE / WAM The UAE participated in the 2nd Session of the Arab Economic and Cooperation Forum with the countries of Central Asia and the Republic of Azerbaijan, that was held at the ministerial level here. Led by Sultan bin Saeed Al Mansouri, Minister of Economy, the UAE delegation discussed with the President of Tajikistan Imam Ali Rahman ways of ...

Abu Dhabi / Reuters Abu Dhabi National Oil Co (ADNOC) is expected to issue as early as this week a project bond in the region of $3 billion, in what would be the United Arab Emirates oil major’s first public debt issue, sources familiar with the matter said on Tuesday. The bond, with a maturity longer than 10 years, would ...

ABU DHABI / WAM Etihad Airways is testing a new hand baggage-only ‘Deal Fare’ on two key routes this winter season, for bookings between October 18 and December 18, allowing travellers to purchase lower cost seats in Economy Class if no checked baggage is required. The trial fare includes a complimentary carry-on baggage allowance of 7kg and is available on ...

DUBAI / WAM Dubai Islamic Economy Development Centre (DIEDC), has reviewed a number of initiatives set to be launched over the coming period as part of the emirate’s strategy aimed at becoming the capital of Islamic economy by 2021. This came at a meeting held under the chairmanship of Sultan bin Saeed Al Mansouri, Minister of Economy, during which a ...

Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Tuesday received the President of the Maldives, Abdulla Yameen Abdul Gayoom, and his accompanying delegation. HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and HH Sheikh ...

DUBAI / WAM The Dubai Chamber of Commerce and Industry concluded its high-level trade mission to Malta, which aimed to strengthen bilateral ties and explore trade and investment opportunities that are opening up in the fast-growing European country. A business delegation led by Dubai Chamber met with key stakeholders from the country’s public and private sectors, including Joseph Muscat, Prime ...

ABU DHABI / WAM The Roads and Transport Authority (RTA) signed a Memorandum of Understanding with the United Nations Development Programme (UNDP) to enhance cooperation between the two entities. The terms of the MoU provide for holding workshops on the sidelines of the Dubai International Projects Management Forum, focusing on humanitarian and development projects. Mattar Al Tayer, Director-General and Chairman ...

DUBAI / Emirates Business Today’s connected world is driving a ‘consumer trust divide’ between suspicious minds in developed nations and more accepting attitudes in emerging count-ries, according to Kantar TNS’s latest Connected Life research. Kantar TNS surveyed 70,000 people across 56 countries and conducted 104 in-depth interviews as part of the 2017 Connected Life study. The research explored consumer trust ...

ABU DHABI / WAM StartAD has invited innovative startups to apply for UAE’s first hardware Venture Launchpad, an immersive 10-day entrepreneurship programme at New York University Abu Dhabi (NYUAD) that will help startups develop a scalable, repeatable, and capital efficient venture. The programme will take place from December 4-13 and the deadline to apply is set for November 15. The ...