June, 2016

• 21 June

  Sharjah reveals plan to boost cyber security

    Sharjah / Emirates Business The Government of Sharjah, Department of eGovernment (DeG), the emirate’s principal body responsible for transforming Sharjah into one of the digitally advanced cities in the region, has announced the commencement of a comprehensive plan to comply with the National Electronic Security Authority (NESA) standards. The move, which involves ensuring compliance with NESA standards across all ...

  Read More »
• 21 June

  Dubai Trade sheds light on significance of trade in UAE

    Abu Dhabi / Emirates Business The UAE accession to the World Trade Organization marked its 20th year at a prestigious event held in Geneva recently. As one of the key speakers at the event, Eng. Mahmood Al Bastaki, CEO of Dubai Trade, spoke on the importance of enabling seamless trade and the benefits it brings the UAE Economy. Al ...

  Read More »
• 21 June

  Tejar Dubai programme launches new commercial project in Hatta

  

    Dubai / Emirates Business The Tejar Dubai entrepreneurship development programme, a Dubai Chamber of Commerce and Industry initiative, launched its 20th commercial project, Familia Emirati clothes store on Dubai-Oman Highway in Hatta recently. The new commercial project which is the 4th launched by Tejar Dubai this year has come as part of the entrepreneurship development programme’s efforts to support ...

  Read More »
• 21 June

  Apple closer to open India stores after govt eases curbs

  

    New Delhi / Bloomberg Apple Inc. may be closer to opening stores in India after the government eased onerous local sourcing requirements on retailers. The world’s second-most populous country on Monday announced the easing as part of a raft of measures intended to boost foreign direct investment and expand the leeway afforded multinational corporations. It loosened policies that require ...

  Read More »
• 21 June

  Logistics operators in Thailand lost $2.8mn

    Kuala Lumpur / Tribune News Service Logistics operators in south Thailand have lost almost 100 million baht (US$2.8 million) over the past six to seven months as container trucks take six to eight hours to cross the border into Malaysia from Songkhla’s Sadao district, the Association of Southern Logistics and Transportation said. This was because the Malaysian checkpoint is ...

  Read More »
• 21 June

  Mitsubishi cheated on mileage by up to 16%

  

    Tokyo / AP The Japanese government said on Tuesday that Mitsubishi Motors Corp. overstated mileage on its vehicles by up to 16 percent, but stopped short of slapping further penalties on the company. The Transport Ministry said the figure came from its own mileage tests to look into the cheating by the Japanese automaker on its minicar models, tiny cars ...

  Read More »
• 21 June

  Indian healthcare providers to spend US$1.2 billion on IT

    New Delhi / Tribune News Service Healthcare providers in India are expected to spend $1.2 billion on information technology (IT) products and services in 2016, an increase of 3.4% over 2015, according to research firm Gartner, Inc. The spending includes expenses on internal services, software, IT services, data centre, devices and telecom services, the research firm said. “IT services, ...

  Read More »
• 21 June

  Reef bleaching ‘could cost $1bn in lost tourism’

  

    Sydney / AFP Severe coral bleaching on Australia’s Great Barrier Reef could cost it more than a million visitors a year and huge sums in lost tourism revenue, a survey said on Tuesday. The World Heritage-listed reef which teems with marine life experienced an unprecedented bleaching earlier this year that saw much of it whiten and almost a quarter ...

  Read More »
• 21 June

  India bars foreign carriers full control of local airlines

  

  New Delhi / Bloomberg India retained restrictions that prevent overseas airlines from raising stakes in local carriers even as it unveiled new rules to attract foreign investors into the world’s fastest growing major aviation market. The government will allow foreign entities such as funds and portfolio investors to fully own local airlines, removing an earlier cap of 49 percent, it ...

  Read More »
• 21 June

  Iran Air reaches pact with Boeing

  

    Tehran / Bloomberg Iran Air, the Islamic Republic’s state carrier, signed a memorandum of understanding with Boeing Co. for narrow- and wide-body aircraft in the first transaction by the US planemaker since sanctions were lifted in January. The purchase includes a mix of 737 and 777 models, Iran Air said in a statement on its website. The carrier will ...

  Read More »