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Xiaomi goes all-in on retail to revive China smartphone sales

  Bloomberg After pioneering online flash sales in China to reach the top of the smartphone market, Xiaomi Corp. is turning to old-fashioned retail to arrest its slide. The phonemaker will roll out a chain of about 1,000 brick-and-mortar stores under the Mi Home banner over the next three years, as co-founder Lei Jun mimics a strategy that’s helped the ...

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Kenya Airways seeks to win back engineers as CEO search continues

  Reuters Kenya Airways is considering offering higher wages to entice back dozens of engineers who quit the loss-making carrier to join Gulf-based airlines in the past year, its chairman said. The airline, part-owned by the state and part-owned by AirFrance KLM, sank into the red four years ago after tourism slumped following a spate of attacks in Kenya by ...

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American’s pilots question CEO decision to skip Trump meet

  Bloomberg The decision by American Airlines Group Inc.’s chief executive officer to skip an industry meeting with President Donald Trump is drawing criticism from the carrier’s pilots union. CEO Doug Parker’s failure to attend has “shaken our confidence” in his judgment, Dan Carey, president of the Allied Pilots Association, said in a statement Friday. “For our airline’s CEO to ...

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Fare killer Ryanair lets go of its American dream

  Bloomberg For at least a decade, Ryanair Holdings Plc CEO Michael O’Leary dreamed about coming to America, bringing the Irish carrier’s insanely low fares to the other side of the pond. Expand west to the largest aviation market. Price the cheapest seats at $10. Offer business class up front for those willing to pay. A leader among ultra low-cost ...

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Mohammed attends UAE President Endurance Cup

  Abu Dhabi / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, attended the prestigious The UAE President Endurance Cup, held at the Emirates International E ndurance Village, Al Wathba, Abu Dhabi. Present at the 160-km ride was HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown ...

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Heritage represents human unity: Sharjah Ruler

  Sharjah / WAM Heritage is the component that represents human unity that gathers together all peoples, cultures and civilisations, His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, said during the launch of the “United with Heritage” campaign by the United Nations Educational, Scientific and Cultural Organisation (UNESCO) on Saturday. “Therefore, it remained ...

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Fire incidents down by 31 percent in 2016

  Abu Dhabi / WAM The Ministry of Interior revealed a 31 percent drop in fire accidents in buildings and establishments in 2016, compared to the previous year. Fire accidents dropped from 3,388 in 2015 to 2,352 in 2016, thanks to timely response to fire accidents, alertness, the introduction of modern fire prevention technology, qualified firefighters, sustained public awareness campaigns against ...

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UAE researchers reach milestone in breeding new local bee strains

  Dubai / WAM Researchers at the Abu Dhabi Food Control Authority (ADFCA) reached a major milestone in the breeding of large populations of queen bees, as part of the UAE Honey Bee Species Production Project. According to Rashid Mohamed Al Shariqi, Director-General of ADFCA, the project is being undertaken as part of a directive by H.H. Sheikh Mansour bin Zayed ...

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e-Dirham services generate AED7.84 billion revenue

  Dubai / WAM The revenue collected through e-Dirham by the federal government reached AED7.8 billion in 2016, with AED2.8 billion coming from the e-Dirham payment gateway and AED5 billion from service centres. The number of service transactions done through the e-Dirham system amounted to 38.6 million transactions in 2016, representing an increase of 6.94 percent compared to 2015, while the ...

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