Bloomberg It took about nine months for Cathay Pacific Airways Ltd. to win its first buy rating from an analyst. When the upgrade came, it was because of the airline’s cargo operations, not its five-star-rated passenger business. Jefferies Group LLC raised the rating on Cathay’s stock to buy this month, citing signs of a pullback in capacity expansion and improved …

DUBAI / WAM A UAE official delegation, headed by the Telecommunications Regulatory Authority (TRA) has concluded its participation in the World Summit on the Information Society (WSIS) Forum. The forum was held at the International Telecommunication Union headquarters in Geneva, from June 13-16. During the forum the Khalifa Students Empowerment Programme ‘Aqdar’ won the WSIS Prize for ‘E-Safe School Online …

DUBAI / Emirates Business Musafir.com, the UAE’s first home grown, premium-experience travel website, has signed a new regional GCC agreement with Amadeus, a leading technology partner in the global travel industry, to further enhance its e-commerce offering. The agreement will see Amadeus provide Musafir.com with its industry-leading business intelligence technologies.