DUBAI / WAM The Abu Dhabi Government Contact Centre has handled more than 900,000 calls this year, and its employees have successfully completed more than three million procedures that involve managing cases in the system, achieving 88 percent of customer satisfaction. The Abu Dhabi Government Contact Centre, Abu Dhabi Government’s first integrated communication platform for its customers, has also achieved ...
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Merkel calls for assertive Europe as Trump upends global order
Bloomberg Angela Merkel marked her return to the political front line with a call for Europe to assert its interests more forcefully as President Donald Trump punches holes in the world order. In her first television interview after the summer break, the German chancellor said Europe needs to take on more global responsibility, including on defense. As Trump attacks Germany’s ...
Read More »Malaysia PM bans foreigners from $100bn property project
Bloomberg Malaysian Prime Minister Mahathir Mohamad said foreigners won’t be allowed to buy property at Country Garden Holdings Co.’s $100 billion project, or be granted visas to live there. The Forest City project near Singapore had targeted buyers from China for its mixed-residential development, as well as investors from Indonesia and Thailand. Malaysia’s My Second Home programme allows wealthy foreigners ...
Read More »Floods in India’s top buyer may hit wedding gold demand
Bloomberg Jewelers in India’s biggest gold-buying state expect sales to drop during the peak festival and wedding season after heavy rains and floods caused more than $3 billion of damage. The usual spend of 200 grams to 1 kilogram of gold per wedding in Kerala may drop 50 percent in the next month, B. Govindan, president of the All Kerala ...
Read More »Apple to embrace iPhone X design with new colours, bigger screens
Bloomberg Apple Inc. is not only doubling down on the iPhone X, it’s tripling down. The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship, according to people familiar with the matter. The devices will boast a wider range of prices, features and sizes to increase their appeal, ...
Read More »Londoners buy homes outside capital as prices remain high
Bloomberg Londoners are buying more homes outside the capital as prices remain too high, even after the end of a decade-long housing boom. In the first half, Londoners bought more than 30,000 homes outside the city, a 16 percent rise from a year ago and 61 percent more than in the same period a decade earlier, according to research by ...
Read More »Musk’s brazen gambit collapsed as investor support withered
Bloomberg Elon Musk’s stunning tweet that he wanted to take Tesla Inc. private and had funding secured was a classic Musk moonshot — given credibility only by the sense that if anyone could possibly pull such a brazen feat, he was the guy. The initial scoffing after that August 7 post gave way to hiring of bankers to a board ...
Read More »RAK real estate deals up 33% to AED2.7bn
RAS AL KHAIMAH / WAM The total value of real estate transactions in Ras al-Khaimah rose to AED2.7 billion in the first half of 2018, an increase of 33 percent compared to the corresponding half of 2017, according to a report issued by the Lands and Properties Sector at the emirate’s municipality. The bi-annual report indicated that 2,632 real estate ...
Read More »Mega projects make Dubai focus of global stone industry
DUBAI / Emirates Business Dubai will become a multi-billion dollar magnet for stone trade suppliers from around the globe next month as massive urban growth and infrastructure development continues to make the Middle East one of the world’s highest spending construction markets. According to market analysts BNC, a raft of new mega projects valued at $29.19 billion were launched in ...
Read More »Expo Centre Sharjah to host key global exhibitions in Q4
SHARJAH / WAM Expo Centre Sharjah will host a variety of major international events, which includes economic and cultural exhibitions and conferences, during the fourth quarter of this year. The agenda of events will begin with the MidEast Watch and Jewellery show in October and end on December 14 with the China Trade Week. The centre’s list of upcoming exhibitions ...
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