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Dubai Frame is an elegant architectural feat, says VP

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, visited the Dubai Frame, an award-winning cultural landmark, at Zabeel Park on Tuesday morning. His Highness was accompanied by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, ...

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Hamdan unveils 5-Star plaques at ‘customer happiness centres’

Dubai / WAM His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said that the Star Rating programme for Customer Happiness Centres reflects the directives of the Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, to achieve a qualitative leap in ...

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Electronic trade licences to boost smart services in Abu Dhabi

Abu Dhabi / WAM The Abu Dhabi Business Centre of the Department of Economic Development (DED), launched the ‘Electronic Trading’ licence initiative, in cooperation with the Telecommunications Regulatory Authority (TRA). The initiative aims to reinforce Abu Dhabi government’s trends toward providing smarter electronic services and activate the E-Commerce aspect in the business sector Emirate-wide by taking advantage of internet websites ...

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Emirates to celebrate the Year of Zayed in-flight and in the air

Dubai / Emirates Business Emirates will be sharing the legacy of the late His Highness Sheikh Zayed bin Sultan Al Nahyan to a global audience in 2018. To celebrate the ‘Year of Zayed’, Emirates is featuring the achievements of HH Sheikh Zayed in the pages of its official inflight magazine, Open Skies each month. The ‘Year of Zayed’ commences in ...

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Anil Ambani’s wireless unit seeks to cut $6 billion of debt

Bloomberg Billionaire Anil Ambani’s Reliance Communications (RCom) Ltd. said it was in the final stages of selling some assets as it aims to exit a debt restructuring programme and cut total borrowings by $6 billion. The company’s shares surged. The embattled mobile carrier will reduce total debt to 60 billion rupees ($936 million) from 450 billion rupees as of October ...

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China’s top copper producer halts output

Bloomberg Jiangxi Copper Co., China’s largest producer, is halting all output in the province after the local government ordered the curbs to reduce pollution, a company official said on Tuesday. The smelter received the order to stop production for at least a week before a further assessment based on local pollution levels, the official said, asking not to be identified ...

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Analysts cut iPhone X shipment forecasts, citing tepid demand

Bloomberg Apple Inc. looks like it’s having a not-so Merry Christmas. Analysts have lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season. Sinolink Securities Co. analyst Zhang Bin said in a report that handset shipments in the period may be as low as 35 ...

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‘UK economy holds back due to inflation, Brexit’

Bloomberg A picture of inflation-squeezed consumers and Brexit-wary companies emerged in the UK’s latest overview of its economy. Annual growth in the third quarter slowed to 1.7 percent, slightly higher than previously estimated but still the weakest pace in 4 1/2 years, the Office for National Statistics (ONS) said. The economy expanded an unrevised 0.4 percent from the second quarter, ...

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Spinal-cord implants emerge as alternative to pills in US

Bloomberg For millions of Americans suffering from debilitating nerve pain, a once-overlooked option has emerged as an alternative to high doses of opioids: implanted medical devices using electricity to counteract pain signals the same way noise-cancelling headphones work against sound. The approach, called neuromodulation, has been a godsend for Linda Landy, who was a 42-year-old runner when a foot surgery ...

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Putin tries to lure $1trn home as US sanctions fear deepens

Bloomberg President Vladimir Putin is using the threat of additional US sanctions to encourage wealthy Russians to repatriate some of their overseas assets, which exceed $1 trillion by one estimate. Putin told lawmakers that a new capital amnesty program was needed “given the foreign restrictions, which instead of lessening are now worsening,” according to a transcript posted on the Kremlin’s ...

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