Abu Dhabi /Â WAM Abu Dhabi General Services Company (Musanada) has completed 72 per cent of Mafraq-Ghuwaifat Road Project and said handing over of first phase will begin later this year, while the whole project will be completed by mid-2017. The company said the effort is driven by its keen interest in the visions laid out by President His Highness ...
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TRA to highlight role of ICT in human, social devp at GITEX
Abu Dhabi / WAM The Telecommunications Regulatory Authority (TRA) is set to showcase 12 innovative information and communications technology (ICT) projects aimed at serving human and social development, health, education, and security, among many others, during its participation in GITEX Technology Week 2016, to be held from October 16-20. The telecom regulator said its aim is to provide a ...
Read More »DWTC set to welcome over 1.2 million visitors this year
Dubai / Emirates Business Dubai World Trade Centre (DWTC) is set to kick off its high-impact events season on September 4 with the 34th International Congress of the International Society of Blood Transfusion (ISBT). DWTC will host over 100 exhibitions, conferences, trade and entertainment events over the next four months (September – December 2016), attracting an estimated 1.2 million ...
Read More »Global steel glut concerns raised in G-20 draft statement
Bloomberg The global steel glut is shaping up as a hot-button issue as leaders of the Group of 20 major economies meet in China, securing a mention in their communique. That would show that overcapacity in steel — for which China has come in for criticism — remains on the radar for the world’s biggest economies months after it ...
Read More »India’s Reliance to launch 4G mobile services in October
AFP India’s richest man Mukesh Ambani announced that his Reliance Industries’ long-awaited 4G mobile services would finally launch this month, sending shares of rival Bharti Airtel plummeting almost seven percent. Ambani told shareholders at the Mumbai-based company’s annual general meeting that the multi-billion-dollar telecommunications network, called Reliance Jio Infocomm, would be rolled out from September 5 following repeated delays. ...
Read More »China to probe merger of Comcast, DreamWorks
AFP China will launch an anti-trust probe into the $3.8 billion merger of US media giants Comcast and DreamWorks Animation, the country’s commerce ministry said. In April, Comcast — the biggest cable television operator in the US — bid for the creators of the Kung-fu Panda series, a smash hit in China. A Chinese company lodged a complaint about ...
Read More »RBI governor argues for independent Indian central bank
Bloomberg India must have a strong and independent central bank to ensure macroeconomic stability in the world’s fastest-growing major economy, Reserve Bank of India Governor Raghuram Rajan said a day before his term ends. central banks should be independent and should be able to say no to seemingly attractive proposals,†Rajan said in a speech in New Delhi on ...
Read More »Thousands rally in Taiwan against pension reform procedures
Bloomberg Tens of thousands of people took to streets of Taipei City, Taiwan, on Saturday in protest against pension-reform procedures, adding to growing woes for President Tsai Ing-wen who faces a decline in approval ratings after three months in office. More than 110,000 people took part in the rally, Cti TV reported. The protest, attended by former premier Hau ...
Read More »British Airways resumes Iran flights
Emirates Business British Airways (BA) has started flying directly to Tehran to London Heathrow, following the airline’s return to Iran on September 2, marking 70 years since British Airways first started flying to the country. The route from Imam Khomeini International Airport is being serviced by six-weekly flights to British Airway’s hub at London Heathrow’s Terminal 5. This follows ...
Read More »BA halves biz-only flights from London City to NY
Bloomberg British Airways will cut one of its two daily flights from London City Airport to New York’s John F. Kennedy International hub, slashing capacity on a business-class-only service that began in 2009. The change will be introduced with the winter schedule at the end of October, leaving British Airways with up to 12 daily flights to terminals in ...
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