News

  Beijing / bloomberg Upstart smartphone maker Xiaomi has bought nearly 1,500 patents from US technology giant Microsoft, the companies and reports said, as part of a “global partnership” that will help the Chinese firm expand outside its home market. The patents cover wireless communications, video, cloud and multi-media technologies, Bloomberg News quoted a Xiaomi spokeswoman as saying. “This will ...

  Jakarta / Tribune News Service Farmers in the Pelalawan village of Pelalawan, Pangkalan Kerinci, used to employ the slash and burn method when it came to clearing their land for farmland or rice fields. That approach triggered massive fires as the soil in the village was combustible, especially with peatland at a depth of around 3-9 meters. In a ...

  RITIKA SHARMA / Emirates Business As technology continues to change the way in which payments are made across the Middle East, improved application performance and flexibility are expected to play an important role in making the region’s digital economy mature. Experts at the Cards and Payments Middle East, and its co-located exhibitions — Retail Show Middle East 2016 and ...

  ABU DHABI / Emirates Business Etihad Airways, the national airline of the United Arab Emirates, invited more than 500 local and international suppliers, to a major conference in Abu Dhabi aimed at transforming the traditional buyer and supplier relationship. Hosted by the company’s Procurement and Supply Management team, the theme of the event was ‘Transformation’. The mandate set for ...

  Dubai / Emirates Business Investbridge Capital — an independent alternative asset management and advisory firm based in the Dubai International Financial Centre (DIFC) covering emerging growth markets — has announced that it arranged and advised on a cross-border US$25 million (AED 92 million) convertible loan by the International Financial Corporation (IFC) to Carbon Holdings. The latter is an Egyptian ...

  Dubai / Emirates Business The Telecommunications Regulatory Authority (TRA) has issued a directive ordering major operators Etisalat and du to put a ceiling, or hard cap, on their respective mobile data bundles in a bid to protect consumers from unwittingly incurring disproportionately higher additional charges. Directive (1) of 2016 applies to all mobile data bundles whether included as part ...

  ALKESH SHARMA Emirates Business ‘Go Green’ is the new corporate mantra of enterprises worldwide in their eco-friendly pursuit to ensure a sustainable tomorrow. Following this green path, UAE-based Al Ghurair Investment — one of the largest diversified industrial enterprises in the Middle East — has unveiled its environmental and sustainability plan for the next three years. Various entities, active ...

  Dubai / Emirates Business National Industries Park (NIP) and Proclad have signed an agreement to invest and develop plots in the National Industries Park to a tune of approximately AED 500 million and develop 1.5 million sq. ft. of industrial area specializing in Products and services related to the Oil and Gas Industry. Proclad currently owns four factories in ...

  DUBAI / Emirates Business Over the last decade, the United Arab Emirates (UAE), a country with a population of over 9 million, has consistently attracted the world’s attention. With a host of benefits ranging from excellent infrastructure to top-notch services and access to the world’s leading brands, this country is a haven for the highly skilled workforce in the ...

Dubai / Emirates Business OSN, the leading pay-TV network in the Middle East and North Africa, is giving children across the region the opportunity to experience all their favourite Disney Junior content in Arabic. Little ones can now experience the exceptional line-up of magical, musical and heartfelt stories and characters on Disney Junior with dedicated Arabic audio as well the ...