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Bloomberg When a Fastjet Plc plane flew from Tanzanian business hub Dar es Salaam to Mwanza on Lake Victoria on Nov. 29, 2012, Chief Executive Officer Ed Winter lauded the service as heralding the start of low-cost travel in Africa. Barely three years on and Winter quit this week after a spat with backer and EasyJet Plc founder Stelios Haji-Ioannou ...

Frankfurt / AFP German airline Lufthansa said on Thursday it will resume dividend payments to shareholders after profits soared in 2015, helped by low oil prices, and are set to increase again this year. Lufthansa chief executive Carsten Spohr said that despite an “emotionally challenging year” due to the Germanwings air crash and the burden of repeated strike action by ...

NEW YORK / AP Forget about slipping out of your shoes because of loose laces or feeling pressure from too-tight tying when doing those sprints. Nike Inc. has unveiled its first power-lacing sneaker — it allows users to make the fit looser or snugger on the fly by pressing buttons on the side of the shoe. The world’s largest sportswear ...

ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, discussed with President of the Republic of Tajikistan, Emomali Rahmon, ways to strengthen the friendly relations between the two countries, as well as regional and international issues of mutual interest. This came when Sheikh Mohamed ...

Dubai / WAM The third edition of the largest entrepreneurship conference in the Middle East and North Africa region, SME World 2016, was inaugurated in Dubai by Abdul Baset Al Janahi, CEO of Dubai SME. He also presented the Disruptive Entrepreneur Awards 2016 to six winning SMEs in two categories, Start-up and Established SME Business. The summit was held under ...

Dubai / WAM In his capacity as Ruler of Dubai, Vice President and Prime Minister of UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued Law No (2) of 2016 establishing Dubai Data Establishment (DDE), with the aim to support the Dubai Smart City strategy to transform Dubai into the smartest city in the world by 2017. Meanwhile, ...

DUBAI / WAM The Dubai Chamber of Commerce and Industry (DCCI) organised the UAE-Slovakia Business Forum in cooperation with the Slovak Embassy in the country, the Slovak Ministry of Economy and the Slovak Investment and Trade Development Agency, SARIO, at its Dubai headquarters. The Dubai Chamber received a high-level government and economic delegation from the Slovak Republic, headed by Rastislav ...

AL AIN / WAM Strata Manufacturing PJSC (Strata), the advanced composite aero-structures manufacturing company wholly owned by Mubadala Development Company, was a platinum sponsor of the third annual UAE-UK Pioneers Forum held in London, UK on March 12. Arranged by the UAE Embassy in the United Kingdom, the forum gave students studying in the United Kingdom and European Union a ...

NEW YORK / WAM The United Arab Emirates has reiterated the importance of the empowerment of women as a critical component of the nation’s development model, and as a necessary condition for achieving the 2030 Agenda for Sustainable Development. Noura bint Mohammed Al Kaabi, Minister of State for Federal National Council Affairs, delivered these remarks at the 60th session of ...

ABU DHABI / WAM The UAE is firmly committed to research and studies that will contribute towards agricultural innovation, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Culture and Knowledge Development, said on Wednesday at the official launch of the Khalifa International Award for Date Palm and Agricultural Innovation in Abu Dhabi. The 2016 edition puts emphasis on innovation as ...