Pretoria / Bloomberg Telkom SA SOC Ltd. said full-year earnings gained 16 percent as South Africa’s biggest landline provider cut almost 4,000 jobs, raised the dividend and embarked on the last financial year of its turnaround plan. Earnings before interest, taxes, depreciation and amortization was 11 billion rand ($729 million) in the year through March, compared with 9.4 billion ...

  Doha / Bloomberg Qatar Airways Chief Executive Officer Akbar Al Baker branded Delta Air Lines Inc. “wicked” over what he said was the US carrier’s part in ruining the Middle Eastern company’s first flight from Doha to Atlanta. Qatar’s Airbus A380 super-jumbo jet wasn’t allocated a gate when it arrived at the world’s busiest airport this week, forcing passengers ...

  Shanghai / bloomberg Billionaire Wang Jianlin’s Wanda Cinema Line Co., whose shares have been halted since late February, surged by the 10 percent daily limit after it resumed trading on Monday as the Chinese tycoon seeks to inject Legendary Entertainment and other film-related businesses into the company. The stock climbed to 88.33 yuan in Shenzhen, compared with its previous ...

  Tribune News Service Airlines could help reduce lengthy security lines by suspending checked baggage fees this summer or diverting fee revenues to the Transportation Security Administration (TSA), some aviation experts and congressional members contend. Long security lines at major airports have led to thousands of missed flights in recent weeks, and some say TSA’s screening problems stem, in part, ...

  ABU DHABI / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of Abu Dhabi Executive Council, issued a resolution reshuffling the Board of Directors of Abu Dhabi General Services Company under the chairmanship of Eng Awaidha Murshed Ali Al Marar. The resolution named ...

  DUBAI / WAM The Zayed Housing Programme (ZHP) endorsed the names of 690 citizens eligible for housing worth over AED430.5 million. The move comes in line with the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum and follow up ...

  Dubai / WAM The site of Expo 2020 Dubai will be one of the fastest, smartest, and best connected places in the world during the global mega event, through its Premier Partnership with Etisalat Group, announced on Sunday. Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General Bureau Expo Dubai 2020 welcomed the Premier Partnership ...

  GENEVA / WAM The UAE Ministry of Economy organised an economic event at the headquarters of the World Trade Organisation in Geneva to mark the 20th anniversary of the UAE’s accession to the intergovernmental organisation. This came on the sidelines of the meeting of the third review for the trade policy of the country at the WTO headquarters, with ...

  DUBAI / EMIRATES BUSINESS Dubai Electricity and Water Authority (DEWA) provides world-class government services and adopts the best international practices, to make people as happy as possible to support the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, so that all government policies, programmes, and services ...

  DUBAI / WAM A high-level delegation from the Jebel Ali Free Zone (Jafza) led by Sultan Ahmed bin Sulayem, DP World Group Chairman, CEO and Chairman of the Ports, Customs and Free Zone Corporation, concluded a successful visit to People’s Republic of China. The seven-day visit came within the framework of Jafza’s strategic plan aimed at supporting the national ...