Bloomberg Virgin America Inc. received takeover offers from JetBlue Airways Corp. and Alaska Air Group Inc. after the carrier backed by billionaire Richard Branson put itself up for sale, according to people familiar with the matter. Discussions between Virgin America and the two bidders are ongoing, and a deal could be announced as early as next week, the people said, ...
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March, 2016
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29 March
Trash vigilantes wield tech for a clean India
Bloomberg If you were a pile of garbage on the street in India, here’s what might happen to you now: A concerned citizen takes your picture, then sends it by WhatsApp to the smartphone of the garbage police. Khaki-clad cops jump in their vehicles, rush over and order your cleanup. City officials fine the offender and maybe reward the whistle-blower, ...
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29 March
Nothing plain about vanilla
Bloomberg There’s nothing plain about the vanilla market. The price of the bean used to flavour everything from ice cream and chocolate to cola and pastries more than tripled in the past year as output slipped and quality suffered. That should have been a boon for top producer Madagascar, the island nation off Africa’s southeast coast. Instead, the government is ...
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29 March
An expression of luxury
Sunaina Rana / EMIRATES BUSINESS Karim Gerber, Middle East Region Manager of Oris watches, is a real man of action. He is devoted to bring brand’s exclusive and latest collection of timepieces to their customers in the region. Oris is a premium luxury brand of watches and Gerber is no stranger to the rarefied world of luxury. He started his ...
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29 March
Providing efficient, cost-effective logistics
Sunaina Rana / Emirates Business Blue Bell Shipping LLC (BBS) is one of the vertically-integrated logistics management and forwarding company and also one of the longest established shipping companies in the UAE. The company’s experience goes back to over 29 years and it has over the years built up very strong customer-base in the region. Blue Bell Shipping LLC was ...
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28 March
‘Mushrif Park’ renamed as ‘Mother of the Nation Park’
ABU DHABI / WAM Pursuant to the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, ordered changing the name of the ‘Mushrif Central Park’ to the ‘Mother of the Nation Park’. This comes in recognition ...
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28 March
Dubai WTC records 2.74 million visitors
DUBAI / WAM HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of the Board of Dubai World Trade Centre Authority, on Monday announced the 2015 annual performance results of Dubai World Trade Centre(WTC), highlighting an impressive 12% year-on-year increase in traffic to deliver 2.74 million delegates and attendees, coupled with a ...
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28 March
UAE, Finland sign information exchange pact for ‘tax purposes’
ABU DHABI / WAM The United Arab Emirates and the Republic of Finland signed an agreement on the exchange of information for tax purposes between the two countries. The agreement was signed by Younis Haji Al Khoori, Undersecretary of the Ministry of Finance(MoF), and Riitta Swan, Ambassador of Finland to the UAE; in the presence of Khalid Ali Al Bustani, ...
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28 March
Masdar institute makes solar generation easy
ABU DHABI / WAM Researchers from the Masdar Institute of Science and Technology developed a novel device that can track and concentrate sunlight onto high-efficient solar cells, without mechanically moving to follow the sun’s path across the sky. This proof-of-concept research is the first step towards the development of a self-tracking concentrating photovoltaic (CPV) system. “Traditional CPV systems rotate solar ...
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28 March
Pre-schools are shaping UAE’s education landscape
RITIKA Sharma EMIRATES BUSINESS The UAE has an unmatched 83 percent pre-primary enrolment rate spread across 500 nursery schools across the Emirates. What fuels the apparent growth of this segment is the growing number of expatriates and rising awareness among parents to take their children’s pre-school years seriously and choose a nursery of highest standards. Reports state that the overall ...
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