Abu Dhabi / Emirates Business Etisalat announced on Monday that it has further reduced its roaming rates for voice calls, SMS and data. Starting from April 1, Etisalat’s prepaid and post-paid customers will enjoy discounted roaming rates of up to 29 percent on data, outgoing voice calls to UAE, GCC and local destinations and outgoing SMS while traveling to any ...

Abu Dhabi / WAM The Abu Dhabi City Municipality (ADM), and the Department of Economic Development (DED), met a delegation from the World Bank Group and discussed ways of strengthening cooperation in public interest and community service as well as the development of Abu Dhabi. The step is in line with the municipality’s and the DED’s continuous efforts to enhance ...

Abu Dhabi / WAM The Department of Culture and Tourism – Abu Dhabi, DCT Abu Dhabi, will be participating in the 34th edition of the Tunis International Book Fair, with a cultural programme packed with activities, events, seminars and interviews with Emirati writers and authors. Managed by Tunisian novelist Shukri Mabkhout, this edition of the book fair, which will run ...

Bloomberg US stocks dropped in light trading as the weakness in technology shares persisted amid renewed presidential criticism of Amazon.com and retaliatory tariffs from China. The dollar held steady and Treasury yields climbed. The S&P 500 Index slumped after its first quarterly retreat since 2015, with volumes 17 percent below average. The Nasdaq 100 Index lost more than 1.5 percent ...

Bloomberg The reckoning is starting for crypto hedge funds. Demand and profits are drying up at many of the more than 150 funds that popped during 2017’s spectacular surge in Bitcoin—which brought cryptocurrencies to the attention of scores of institutional and individual investors. This year’s 50 percent plunge in the value of Bitcoin has many investors thinking twice. At about ...

Bloomberg China took a major step toward seeing Alibaba Group Holding Ltd., Baidu Inc. and others list in its domestic market, announcing a trial programme that would allow the technology giants to see their shares bought and sold in the world’s most populous country. The State Council unveiled the plans, less than a month after the idea was first made ...

Bloomberg TPG is in talks to buy a stake in a Thai hospital specialising in fertility treatments, according to people with knowledge of the matter. The owners of Bangkok’s Jetanin Institute for Assisted Reproduction are seeking an outside investor for the business, which could be valued at $400 million to $500 million, the people said. The hospital’s shareholders are open ...

Bloomberg Malaysian billionaire T. Ananda Krishnan is considering selling a tropical-themed holiday resort in Germany as he seeks to focus on his domestic investments, people familiar with the matter said. Krishnan and business partner Colin Au are working with an investment bank to gauge interest in Tropical Islands Resort in Brandenburg, which houses the world’s largest indoor rainforest, according to ...

Bloomberg Coal India Ltd.’s sales and output in March rose to the highest on record as the world’s biggest coal miner rushed to meet its annual production target, a goal that it missed for at least the sixth consecutive year. Output rose 9 percent from a year earlier to 72.3 million tons of coal in March, while shipments rose 5.5 ...

Bloomberg India is said to be considering new duties on the import of a key smartphone component in a bid to promote domestic manufacturing in the world’s fastest-growing smartphone market. India’s Ministry of Electronics and Information Technology has mooted a proposal to impose a 10 percent duty on imports of populated printed circuit boards, Reuters reports, citing two unidentified government ...