August, 2016

• 7 August

  Malay kite art in peril

  

    Pantai Cahaya Bulan / AFP Shafie Jusoh loves traditional Malaysian kites so much that he can’t get a good night’s rest unless he’s been working on them daily. “I need to make kites everyday, if not I can’t sleep,” the 69-year-old said. He began making them when he was a young boy, skipping classes to entertain his flights of ...

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• 7 August

  Sport is not just for the young

  

    Bremen / DPA At the age of 78, Roswitha Wahl can do the splits, swing herself onto the parallel bars with ease and do a handstand. Indeed, in the German senior gymnastics championships, the trained nurse regularly comes top in her age group and has “a whole sack of medals.” She started doing gymnastics as a small child and ...

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• 6 August

  Mohammed hails RTA 2030 projects

  

    DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, commended the infrastructure projects being implemented by RTA Dubai as part of its 2030 strategy, in line with the Dubai Strategic Comprehensive Plan 2021, to achieve sustainable development. While visiting the RTA’s head-office in Umm Al Ramol ...

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• 6 August

  Khalifa congratulates Bolivian President on Independence Day

    ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan sent a congratulatory cable to President of Bolivia Evo Morales on Independence Day. Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy ...

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• 6 August

  Ops at DXB return to normal

    DUBAI / WAM Dubai Airports on Saturday confirmed that all operations and flights at Dubai International Airport have returned to normal after an incident involving Emirates Airline’s flight EK521, arriving from India, occurred at the airport on Wednesday, affecting the air traffic there. In a statement, the airport operator noted that the strategic plan of giving priority to wide-bodied ...

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• 6 August

  India’s top utility seeks to end imported-gas supply deal

  

    Bloomberg State-run NTPC Ltd., India’s biggest power producer, is seeking to terminate a long-term supply contract for imported natural gas as it says the fuel is too expensive to be used in power generation, according to people with knowledge of the situation. The New Delhi-based electricity generator has written to state-run GAIL India Ltd., which supplies the fuel sourced ...

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• 6 August

  Indian steelmakers advance after import curbs extension

    Bloomberg India extended its floor price regime on steel imports for a further two months, as the world’s third-biggest producer seeks to insulate domestic mills from a global glut. Steelmakers gained in Mumbai. The country extended minimum import prices, ranging from $341 to $752 a metric ton depending on the type of product, until Oct. 4, the commerce ministry ...

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• 6 August

  Japan automakers urge Abe to act after yen deals $5 billion hit

  

    Bloomberg Japan’s auto industry is going back to tried-and-tested plays to ease the pain of yen strength as Toyota Motor Corp.’s prediction for a 37 percent plunge in earnings threatens to end the era of record profits. A resurgent yen wiped almost half a trillion yen ($5 billion) off the operating income of Japan’s seven automakers in the first ...

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• 6 August

  Leading Russian mobile operator leaves troubled Uzbek market

    Almaty / AFP Major Russian mobile operator Mobile TeleSystems (MTS) has abandoned its stake in a lucrative joint venture in Uzbekistan, the Central Asian country’s communications ministry said late on Friday. The ministry’s announcement, which the company also confirmed later, said the state-owned Center of Radio Communication, Broadcasting and Television had become “sole owner” of the pair’s joint venture ...

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• 6 August

  Indonesian growth beats forecasts as Widodo embarks on spending spree

  

    Bloomberg Indonesia’s second-quarter growth beat expectations as President Joko Widodo’s government embarked on a spending spree to boost an economy grappling with a slowdown in China and low commodity prices. Gross domestic product increased 5.18 percent from a year earlier, compared with a revised 4.91 percent in the first three months, the statistics bureau said in Jakarta on Friday. ...

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