Dubai / Emirates Business The UAE Telecommunications Regulatory Authority (TRA) has started to conduct a series of periodic surveys to determine the quality of services rendered by telecommunications operators across developing areas in the country. The surveys place key focus on testing, measuring and analyzing the services to identify weaknesses and addressing the issues in coordination with local operators. ...
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MoH slashes prices of 762 medicines
Abu Dhabi /Â WAM The UAE Ministry of Health and Prevention (MoH) announced on Saturday the launch of the seventh initiative to bring down the prices of medicines by up to 63 percent by early September. Dr Amin Hussein Al Amiri, Assistant Undersecretary of the UAE Ministry of Health and Prevention for Public Health Policy and Licensing Sector, and Vice ...
Read More »DEWA publishes ‘Sustainability Report’
Dubai /Â WAM The Dubai Electricity and Water Authority (DEWA) published its third annual Sustainability Report 2015, as part of its strategy to enhance the competitiveness of the Emirate by transforming Dubai into a global hub for sustainable and green economy. “We are working to achieve the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and ...
Read More »UAE seeks stronger ties with Latin American publishers: Sheikha Bodour
Sharjah / WAM Sheikha Bodour bint Sultan Al Qasimi, Founder and Honorary President of Emirates Publishers Association (EPA) and Member of the International Publishers Association (IPA)’s Executive Committee, gave a keynote presentation about the publishing industry and the crucial role it plays in enhancing relationships and strengthening ties between Latin America and the Arab world, at the 24th session of ...
Read More »Lufthansa to introduce superfast airborne Wi-Fi
Bloomberg Starting early next year, travellers on some Lufthansa flights in Europe will be able to surf the web using airborne Wi-Fi that promises speeds and coverage that trounce existing offerings. The network, which will use Inmarsat Plc’s satellites and Deutsche Telekom AG towers on the ground, aims to let business travelers check the news and vacationers chat with ...
Read More »Prada reports $1.8bn drop in revenue
Bloomberg Prada SpA reported the first decline in opening-half sales since its 2011 listing as weak demand in China and terrorist attacks in Europe continued to weigh on the Italian luxury-goods maker. Revenue fell 15 percent to 1.55 billion euros ($1.8 billion), the Hong Kong-listed company said in a statement, missing the 1.65 billion-euro average analyst estimate compiled by ...
Read More »Rolls-Royce engine corrosion spurs ANA to check Dreamliners
Bloomberg ANA Holdings Inc. is canceling flights as the world’s biggest operator of Boeing Co.’s 787 Dreamliner checks for corrosion in the jet’s Rolls-Royce Holdings Plc engines. The Japanese airline canceled nine flights scheduled for its 50-jet Dreamliner fleet for Friday and may scrub more than 300 trips through the end of September as it deals with cracking in ...
Read More »Target seeks rival supplier after Welspun sheets scandal
Bloomberg Target Corp. is considering shifting some orders to Trident Ltd. after it terminated $90 million of business with rival supplier Welspun India Ltd. for labeling cheaper bedsheets as premium Egyptian cotton, according to people familiar with the discussions. The US retail giant has begun sampling sheets manufactured by Trident, according to the people, who asked not to be ...
Read More »Airlines bring back free snacks, streaming services
Bloomberg After decades of red ink, US airlines have gotten their financial houses in significantly better order. And while this new wherewithal certainly won’t mean more legroom or free checked bags, some carriers are exploring inexpensive ways to make flying economy class a smidge less arduous. Free meals are returning on some long domestic flights, and gratis snacks are ...
Read More »More houses in Japan may actually drag down inflation
Bloomberg Rising housing investment is a sign that the Bank of Japan’s negative-rate policy is working, according to Bank of Japan (BOJ) Governor Haruhiko Kuroda. But it also has a lot to do with tax changes, and ironically, the increasing supply of new homes might drag down Japan’s inflation rate, the opposite of what Kuroda wants. Speaking in June, ...
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