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IMF may lift Argentina censure in November

  Washington / AFP The International Monetary Fund said that it could remove its unprecedented 2013 censure of Argentina in November after the country improved its reporting of key economic statistics. The IMF Executive Board said that Buenos Aires had made “extraordinary efforts and important progress” in improving the accuracy of growth and inflation data that they are required to ...

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US to host world’s largest conservation meeting

  Miami / AFP Some 8,000 heads of state, policymakers and environmentalists convene in Hawaii this week for the world’s largest gathering aimed at forging a path forward on the planet’s toughest conservation problems. US President Barack Obama is expected to be among the world leaders in Honolulu as the International Union for the Conservation of Nature (IUCN) opens its ...

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Natrans expo to focus on smart transport

  Abu Dhabi / Emirates Business According to demographic forecasts, the world population will reach 9 billion by the year 2050 with 70% living in urban areas, according to a United Nations survey. A strong emphasis on solving problems faced by people living in the world’s cities is therefore needed. Some of the main challenges lie in addressing unmet and ...

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ATDD holds city tour for Ajman varsity students

  Ajman / Emirates Business In a bid to educate students about the emirate of Ajman’s famous touristic destination and increase awareness of local tourism, the Ajman Tourism Development Department (ATDD) has organised city sightseeing tours for students of Ajman University. The two-day tour coincides with the opening of the new academic year and a total of 400 students visited ...

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Veeam to showcase new availability suite at GITEX

Abu Dhabi / Emirates Business Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise™, has reiterated its commitment to helping Middle East enterprises meet the requirements for round-the-clock availability by announcing its participation at GITEX Technology Week, which will be held between 16-20 October, 2016 at the Dubai World Trade Centre. The company will be ...

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du introduces new GCC roaming packages

Abu Dhabi / Emirates Business This Hajj season, du customers have more reasons to smile with two great GCC roaming packages. Valid in KSA, Oman, Qatar, Kuwait and Bahrain, customers benefit from 2 GB of data with a three day validity for AED100, or 4 GB data with 7 days validity for AED 200. “Hajj is a special, spiritual time ...

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Al Maryah Island to host Eid family fun

  Emirates Business The Galleria on Al Maryah Island, Abu Dhabi’s luxury shopping and dining destination, unveils family friendly activities for shoppers over Eid Al Adha. All activities have been created to celebrate the joyous holiday, and can be enjoyed by everyone visiting The Galleria this holiday season. A live henna station will host residents of Abu Dhabi, creating traditional ...

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Telecom Egypt pays $806mn for 4G license

  Bloomberg Telecom Egypt is set to become the country’s fourth mobile carrier after acquiring a 4G license Wednesday as the state-controlled landline monopoly seeks to keep up with rivals. The carrier, 80 percent owned by the government, bought the license for 7.08 billion Egyptian pounds ($806 million), Chief Executive Officer Tamer Gad Allah said at a news conference in ...

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Saudi Aramco, Japan to expand Okinawa crude storage deal

  Reuters Saudi Aramco and the Japanese government are set to agree on a roughly 2 million barrel expansion of crude storage capacity in Okinawa, used by the state-run firm to store oil, Saudi Aramco CEO Amin Nasser said on Thursday. Under an agreement with Tokyo, Saudi Aramco and Abu Dhabi National Oil Co (ADNOC) each store up to 1 ...

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India’s Reliance Jio to offer free voice calls

Bloomberg Billionaire Mukesh Ambani said his Reliance Jio Infocomm Ltd. unit will offer mobile phone calls for free, pressuring existing carriers to follow suit in what’s already one of the world’s lowest-priced wireless markets. Jio’s service will debut Sept. 5 and will be free until December, after which the company will begin charging subscribers as little as 149 rupees ($2.22) ...

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