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International Franchise Conference and Exhibition kicks off in Abu Dhabi

  Abu Dhabi / Emirates Business The 2016 edition of the International Franchise Conference & Exhibition began yesterday, at the Abu Dhabi National Exhibition Centre (ADNEC). The event, which is organized by the Abu Dhabi Chamber of Commerce and Industry, gathers companies and brands together with the goal of providing investment opportunities for entrepreneurs and businesses in the United Arab ...

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MBRF releases details of Bil Arabi 2016

  Dubai / Emirates Business The Mohammed bin Rashid Al Maktoum Foundation (MBRF) held a press conference at its headquarters in Dubai on Wednesday, to disclose details surrounding the fourth edition of its Bil Arabi initiative. Launched in 2013, the initiative seeks to promote Arabic-language communication on traditional and social media platforms, in an effort to reinstate Arabic as an ...

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Italy okays new government

  Rome / AFP Italy’s parliament on Wednesday endorsed a new government tipped to be so short-lived that its inauguration was seen as the start of battle for the next election. Incoming Prime Minister Paolo Gentiloni’s new line-up, appointed after Matteo Renzi quit a week ago following a crushing referendum defeat, was approved by 169 votes for to 99 against ...

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Uber self-driving cars hit San Francisco’s streets

  SAN FRANCISCO / AP Uber is bringing a small number of self-driving cars to its ride-hailing service in San Francisco — a move likely to excite the city’s tech-savvy population and certain to antagonize California regulators. The Wednesday launch in Uber’s hometown expands a public pilot program the company started in Pittsburgh in September. The testing lets everyday people ...

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Amazon opens data centres to bolster UK cloud capabilities

  Bloomberg Amazon Web Services, the cloud-hosting arm of Amazon.com Inc., opened new data centers in the UK as it seeks to stay abreast of competitors in offering cloud computing services to government and health-care customers. The new data centers, announced in a statement on Wednesday, follow decisions by IBM and Microsoft Corp. in the past two months to expand ...

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Line to shake up business to spur growth in 2017

  Bloomberg Line Corp. is planning to shake up its staff and business to build on the 20-plus percent share gain since the messaging company pulled off the tech world’s biggest public offering of the year. Chief Executive Officer Takeshi Idezawa is tapping top lieutenants Jun Masuda and Joongho Shin to lead the hunt for fresh growth ideas. Their new ...

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China to lift tax on smaller cars to 7.5% through 2017

  Bloomberg China will raise the sales tax on small cars to 7.5 percent, curbing an incentive that has propped up the auto industry, which is heading for its 26th consecutive annual expansion, according to people familiar with the matter. The tax rate is less than the 10 percent originally scheduled to take effect from January. However, it is an ...

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UAE will always be a melting point of creative individuals

  DUBAI / WAM Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, on Tuesday met the key Arab social media influencers on the sidelines of the Arab Social Media Influencers Summit (ASMIS) being held at the Dubai World Trade Centre. He was accompanied by HH Sheikh Hamdan bin ...

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‘Revise social and economic concepts’

  Dubai / WAM The world is seeing a fast pace of development due to the speed of technological advancement, which has enabled unprecedented interaction between individuals and communities, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said. While honouring the winners of the Arab Social Media Influencers Awards, he ...

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