May, 2016

• 22 May

  Etisalat opens kiosk at Abu Dhabi Airport

  

    Abu Dhabi / Emirates Business Etisalat, one of the Middle East’s leading telecommunications operators, has opened a 24/7 kiosk in the Arrivals Hall at Abu Dhabi International Airport (AUH). Passengers landing in the UAE’s capital will be able to buy a local Etisalat SIM card from the kiosk, which will also offer a range of pre-paid and post-paid products, ...

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• 22 May

  MNCs craft CSR initiatives to address unemployment

  

    Ritika Sharma / Emirates Business As the youth unemployment rate reaches nearly27 percent in the Middle East region, leading Multi-National Companies (MNCs) take on the responsibility to find a full-bodied panacea to this recurring problem. Working in this direction, MNCs, which are active in this region, are very strategically channeling their Corporate Social Responsibility (CSR) activities towards enhancing the ...

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• 22 May

  India pays part of Iran oil dues

  

    NEW DELHI / Reuters Indian refiners have cleared part of the $6.4 billion owed to Iran for crude oil imports in euros through Turkey’s Halkbank, three sources privy to the payment said. This is the first payment to Iran by India since the lifting of Western sanctions against the Persian Gulf nation earlier this year and comes just ahead ...

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• 22 May

  Apple chief maps his vision for India

  

    New Delhi / Bloomberg Apple Inc.’s Tim Cook outlined his vision for his company in India in a meeting with Prime Minister Narendra Modi on Saturday where they also discussed cybersecurity and data encryption. “Cook shared Apple Inc.’s future plans for India,” according to a statement from the Indian government. “He spoke of the possibilities of manufacturing and retailing ...

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• 22 May

  ‘China needs infra investment to grow’

  

    ZHENGZHOU / AP Increasing infrastructure investment is the best way to boost economic growth in China and doing so doesn’t undermine efforts to overhaul the economy, according to former central bank adviser Yu Yongding. “If China does not increase infrastructure investment now, it may miss a historical opportunity,” Yu said at an economics conference in Beijing. “In order to ...

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• 22 May

  S Koreans shun smartphones

    Seoul / AFP Dozens of people in one of the world’s most wired nations took part on Sunday in South Korea’s “space-out” competition aimed at promoting a life free from stress and information overload. About 60 contestants spent 90 minutes sitting in a public park in Seoul without talking, sleeping, eating, or using any electronic devices during the event ...

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• 22 May

  Parents protest lack of college placements in China

  

    ZHENGZHOU / AP Some 500 people on Sunday protested what they say is a lack of university student placements in their central China province, in the latest protest over education reform. Parents holding banners that read “Fair education” rallied in Zhengzhou city against what they say is a serious shortage of college placements in Henan province. The protest in ...

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• 22 May

  Toyota’s stair-climbing wheelchair soon

  

    Tokyo / Bloomberg Toyota Motor Corp. said it will work with Dean Kamen, inventor of the Segway human transporter, to develop advanced wheelchairs for disabled people and aging populations worldwide. The agreement announced gives the world’s largest automaker a license to use balancing technology that Kamen has installed in prior generations of wheelchairs for medical rehabilitative therapy and other ...

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• 22 May

  US drone attack in Pakistan kills top Taliban leader Mansour

  

    Kabul / AFP Afghanistan’s spy agency on Sunday said Taliban leader Mullah Akhtar Mansour was killed in a US bombing raid, the first confirmation from regional officials of his death, which marks a potential blow to the resurgent militant movement. The Taliban have not commented officially on the very rare American drone attack deep inside Pakistan on Saturday, authorised by ...

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• 22 May

  IS group leader urges attacks in Europe and US

    CAIRO / AP An IS group spokesman has urged sympathizers in Europe and the US to launch attacks on civilians there if they are unable to travel to the group’s self-declared Caliphate in Syria and Iraq. In a 31-minute audio message released late Saturday by the IS media arm Al Furqan, Abu Mohammed Al Adnani says the US-led war against ...

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