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No plans to disrupt transport to Euro opener: French union

  Paris / AFP France’s main union said that striking transport workers had been instructed not to block football fans from reaching the Paris stadium for the Euro 2016 kick off. “All the supporters will be able to reach the Stade de France stadium this evening,” CGT union leader Philippe Martinez, adding that despite an ongoing train strike “there are ...

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Pound traders seek more security against drop before June 23 vote

  Bloomberg Less than two weeks before the U.K. votes on whether to remain in the European Union, traders are piling into more options on the pound that protect against a decline versus a gain. The bias toward the downside, the most in at least 13 years, coincided with sterling depreciating for a second week as opinion polls signaled the ...

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ECB’s foray into junk-rated bonds seen as ‘too little, too late’

  Bloomberg Mario Draghi’s foray into corporate bonds with junk ratings was an “aggressive” effort in monetary stimulus, but it still may not be enough to jump-start the region’s economy, according to Putri Pascualy at Pacific Alternative Asset Management Co. “It was a very aggressive move,” Pascualy, managing director and credit strategist for Paamco, said of the European Central Bank ...

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ME to spend $212bn on IT

  DUBAI / Emirates Business Under the theme “Reimagining Realities”, Gitex Technology Week 2016, from October 16-20, will highlight how technology can transform businesses through cutting-edge showcases, international keynotes and dignitaries from around the globe in attendance. Robotics and drones will demonstrate how the supply chain is evolving at the upcoming Gitex Technology Week, the largest technology exchange and marketplace ...

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AW Rostamani wins ‘Call Center of the Year’ award

  DUBAI / Emirates Business AW Rostamani Group scooped up a trio of awards at the recent eleventh annual Middle East Call Centre Awards event hosted by Insights Middle East, the authority in the region for the contact center industry. The coveted Call Center of the Year award was one of three award categories won by AW Rostamani. The accolade ...

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du launches WiFi at WAFI Mall

  DUBAI / Emirates Business du announced the launch of WiFi UAE at WAFI Mall in Dubai, UAE. Visitors to the mall will now have access to seamless, reliable and secure connectivity to access the internet, and the choice of premium or free WiFi including high-speed internet to browse government websites and apps. “In support of our leadership’s vision of ...

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Unilever renews environmental partnership with Choithrams

  Dubai / Emirates Business Unilever, one of the world’s leading FMCG companies and manufacturer of iconic brands such as Lipton and Lifebuoy, announced the renewal of its partnership with retail chain Choithrams, which operates over 37 stores in the United Arab Emirates. The announcement, which coincides with the World Environment Day, sees Unilever and Choithrams continue collaborating towards environmental ...

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ePay bags ‘Smart ePayment Gateway Excellence Award’

  Dubai/ Emirates Business The ePay service provided by Smart Dubai Government Establishment (SDG) bagged the 21st Middle East Smart Government and Smart Cities Excellence Award in the category of ‘Smart ePayment Gateway Excellence Award’, which is organized by the Middle East Excellence Awards Institute to recognize the strategic role played by government establishments, keep pace with the futuristic trends ...

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