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Tiffany makes inroads with millennials as Hepburn era fades

Bloomberg Tiffany & Co. is making headway with millennials who seek fashion jewellery while forgoing some of the treasures of the Audrey Hepburn generation: wedding and engagement rings. Growth in fashion and designer jewellery helped boost revenue to $959.7 million during the second quarter, even as sales of wedding rings underperformed, the company. While revenue topped analysts’ estimates, same-store sales ...

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Emirates Glass secures AED100mn GCC projects

Dubai / WAM Emirates Glass, a subsidiary of Dubai Investments PJSC, has announced significant growth in profitability in the first half of 2017, with mega projects worth AED100 million awarded to the company across the UAE, Kuwait and Saudi Arabia. Emirates Glass announced that it is executing more than AED50 million worth of contracts in GCC countries and has also ...

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Artificial Intelligence a game changer for telecom industry

Dubai / Emirates Business Nuance Communications, Inc. said latest artificial intelligence (AI) framework could serve as a game changer for the UAE and GCC telecom industry. The Middle East region is now witnessing an accelerating technology migration to higher speed networks and smartphones, facilitated by operator investments to extend network coverage. Telecom operators need to transform their revenue opportunity thro-ugh ...

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