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EasyJet counts on failed rivals to boost big-city routes

Bloomberg EasyJet Plc is counting on the failure of three rival carriers to help accelerate its expansion into major European markets, bringing a silver lining to a fare war that depressed full-year earnings. The impact of a weaker pound should also ease, while fuel costs are set to decline, Luton, England-based EasyJet said. UK rival Monarch Airlines Ltd., its neighbour ...

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IoT to catalyse Mideast’s $70bn digital economy

Dubai / Emirates Business Global digital transformation enabler, SAP, announced on Saturday at GITEX Technology Week 2017 that the Internet of Things (IoT) will catalyze the Middle East’s $70 billion digital contribution to GDP. According to McKinsey, the UAE contribution to that figure is $15 billion. Governments across the Middle East, North Africa, and Southwest Asia are increasingly driving innovative ...

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DLD world’s first government entity to conduct all transactions via Blockchain

Dubai / WAM The Dubai Land Department (DLD), reached another technical milestone by becoming the world’s first government entity to adopt blockchain technology, reflecting the ‘Dubai Blockchain Strategy’ launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of Dubai Foundation for the Future. The initiative has been ...

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