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DUBAI / WAM Dubai Healthcare City Authority, the governing body of the Dubai Healthcare City free zone, announced a partnership with Dubai Silicon Oasis Authority (DSOA), the regulatory body of Dubai Silicon Oasis to enable healthcare providers operating in DHCC to swiftly open branches in DSO, the integrated free zone technology park. Signed by Dr Ramadan AlBlooshi, CEO of Dubai ...

ABU DHABI / WAM Passenger traffic at Dubai International, DXB, has recorded its busiest month on record in July with over 8 million passengers, according to the monthly traffic report issued by operator Dubai Airports. Passenger numbers in July totalled 8,065,789 compared to 7,616,792 handled in July 2016, a robust growth of 5.9 percent. DXB welcomed 51,120,057 passengers during the ...

Bloomberg Manufacturers of “Made in the UK” cars are facing a worrying dilemma: Their vehicles might not be British enough to escape expensive tariffs after Brexit. Current trade pacts generally require exporters to prove that 50 to 60 percent of a product’s components are from the originating country to avoid tariffs. But UK cars are now just 44 percent British-made ...

Bloomberg Verizon Communications Inc. is introducing a lower-priced, lower-quality unlimited mobile data plan to compete more aggressively with smaller rivals like T-Mobile US Inc., while raising the cost for those who want the clearest videos. Starting Wednesday, Verizon is eliminating its popular $80-a-month unlimited plan and replacing it with an $85 premium plan with high-definition video and a $75 unlimited ...

Bloomberg Brazil’s antitrust watchdog weighed in on AT&T Inc.’s $85.4 billion deal for Time Warner Inc., saying it sees a high anti-competitive risk. The nation’s telecommunications regulator had asked the antitrust agency known as Cade in June to review the deal, saying remedies should be adopted because it may negatively affect Brazil’s pay-TV market. The merger combines one of the ...

Bloomberg Swiss watch exports climbed for a fourth month as growth in higher-end mechanical timepieces made up for a decline in cheaper quartz models. Shipments rose 3.6 percent to $1.8 billion in July, the Federation of the Swiss Watch Industry said on Tuesday. Exports of watches wholesaling for more than 3,000 francs rose 5.9 percent, offsetting an 18 percent slump ...

Bloomberg Ford Motor Co. became the latest automaker to offer cash to UK drivers if they scrap the most polluting vehicles on the roads, targeting about 15 million cars and vans across the country. From September 1 to December 31, Ford will offer to pay drivers as much as $5,200 for cars and 7,000 pounds for vans if they replace ...

Bloomberg Facebook Inc. is lucky it owns Instagram. This year, the world’s largest social network will see a decline among teen users in the US, according to a forecast by EMarketer. It’s the first time the research company has predicted a fall in Facebook usage for any age group. EMarketer predicts 14.5 million people from the ages of 12 to ...

Bloomberg Saudi Arabia’s non-oil revenue could surge by about 80 billion riyals ($21.3 billion) next year, according to Bank of America Merrill Lynch, boosting the kingdom’s efforts to reduce the economy’s reliance on crude. The increase would be driven by the implementation of value-added taxation, a tax on luxury products and higher fees imposed on expatriates’ dependents, London-based economist Jean-Michel ...

Bloomberg Oil Search Ltd., the Papua New Guinea-focused energy explorer, raised its full-year production target because of record output from the country’s liquefied natural gas project. The company lifted the lower end of its 2017 production guidance to 29 million barrels of oil equivalent from the previous 28.5 million, while leaving the upper end at 30.5 million barrels, citing record ...