News

  Sunaina Rana / Emirates Business Technological advances have given a boost to the digital signage industry in the Emirates, with the sector expected to reach $23.02 billion by 2023, according to a report by Global Market Insights Inc. “Digital World Computer Design LLC has been contributing to the Digital Printing industry for the last 10 years in Dubai. The ...

Dubai / Emirates Business Jumeirah Golf Estates, home to the DP World Tour Championship, has awarded the contract for the construction of its affordable luxury community of townhouses and apartments, Alandalus, to Sumer Contracting Company LLC. As one of the Middle East’s leading residential golf communities, Alandalus is Jumeirah Golf Estates’ latest development – a collection of 674 affordable luxury ...

  Dubai / Emirates Business Al Ghurair Centre (AGC) has announced the latest addition to its much-awaited Dining District opening, where world-renowned Dumpling House DinTaiFung will open its first flagship store in Dubai, in addition to Yakitate sidebar and the well-known Iraqi restaurant Bestoon Samad. AGC’s new dining district will offer world class dining restaurants and cafes to its growing ...

  Abu Dhabi / Emirates Business This summer, fun- and adventure-seekers definitely need to have Abu Dhabi on their list. With an action-packed line up filled with events that cater to the whole family, Abu Dhabi Summer Season 2016 is the best way to beat the heat and spread the fun across summer vacation days in the emirate. BECAUSE DINOSAURS ...

  CAIRO / Reuters Orange Egypt has said that Egypt’s telecommunications regulator had asked it to pay 3.54 billion Egyptian pounds ($399 million) for a licence to offer fourth-generation mobile phone services. The regulator had asked it to pay 100 million Egyptian pounds to acquire a fixed-line licence and 1.8 billion pounds to offer international calls, Orange Egypt said in ...

  Bloomberg The U.K. referendum on European Union membership entered its final stages as David Cameron tried to capitalize on a swing in momentum back to the “Remain” campaign and former London Mayor Boris Johnson accused the prime minister of having nothing to offer voters. The pound surged on Monday as investors grew more confident British voters will opt to ...

  Luxembourg / AFP A British vote to leave the European Union would be “irreversible” and the country could only rejoin the bloc on what would be unacceptable terms, Foreign Secretary Philip Hammond warned on Monday. “The message we are trying to get across to the British people is that this is an irreversible decision — if they decide to leave, ...

  Bloomberg The pound climbed the most since 2008, spurring a global rally in higher-yielding currencies, as polls signaled the campaign for the U.K to stay in the EU was gaining momentum. Sterling’s volatility diminished as surveys taken after the murder of pro-EU lawmaker Jo Cox showed “Remain” gaining lost ground. A poll from Survation taken June 17-18 for the ...

  Bloomberg Toyota Motor Corp., the world’s largest automaker, warned a withdrawal by Britain from the European Union may lead to levies of as much as 10 percent on the cars it builds in the U.K. Brexit would challenge Toyota to cut costs or make its cars more expensive and hurt sales, the automaker said in a letter on Monday ...

  Bloomberg Jaguar Land Rover said a withdrawal by the U.K. from the European Union could mean new trade deals will have to be negotiated both within the region and beyond, resulting in uncertainty. Leaving the EU would be “highly damaging” and make the U.K.’s biggest carmaker’s products less competitive in Europe, JLR Chief Executive Officer Ralf Speth said in ...