UAE mobile subscribers hit 18.7mn in H1

ABU DHABI / WAM The subscription base in UAE mobile phone services expanded 2.4 percent during H1 2017 to 18.7 million subscribers from 18.26 million in the corresponding period last year. The growth reflects the vibrant and robust nature of the UAE’s telecommunications sector which is considered a significant mainstay of the economy. According to recent data released by Etisalat, ...

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‘Dubai Font’ story to be aired on Emirates

DUBAI / Emirates Business Emirates airline announced a partnership with The General Secretariat of The Executive Council of Dubai, which will see it air a video describing the ‘Dubai Font’ story to flyers from around the world. Designed to reflect the modernity and culture of innovation that exists within Dubai, the video will see the city further cement its reputation ...

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London broadcasters may relocate: Brexit

Bloomberg At a glass-wrapped industrial estate in London north of the River Thames, Brexit is giving global broadcasters a headache. From a screen-packed, server-filled studio, Discovery Communications Inc.—home of channels including Animal Planet and Eurosport—transmits more than 120 TV feeds into Europe. Across the road, Walt Disney Co. licenses foreign language versions of its popular kids channels beamed to the ...

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SNC-Lavalin targets Canada projects

Bloomberg Canada’s biggest builder is keeping its focus at home even as US President Donald Trump pledges to ramp up infrastructure spending next door. SNC-Lavalin Group Inc. is bidding on projects such as light-rail lines in Ottawa and Toronto and a $4.7 billion rapid-transit system for Montreal, as Prime Minister Justin Trudeau follows through on a pledge to invest C$120 ...

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Volkswagen offers ‘rebates’ in Germany

Bloomberg Volkswagen AG is offering as much as 10,000 euros ($11,800) to drivers in Germany willing to trade in older diesel cars for a newer auto, intensifying a push to get aging vehicles off the road as the company’s emissions scandal evolves into an industrywide crackdown. The namesake VW brand will give back 2,000 euros to buyers of a new ...

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As Toyota, Mazda scour US for plant, Mississippi opens arms

Bloomberg As Toyota Motor Corp. and Mazda Motor Corp. begin to scour the US for where to put the first auto assembly plant announced under US President Donald Trump, one state looks like a frontrunner: Mississippi. The Magnolia State already is home to a Corolla factory that’s been producing the compact car for almost six years. Toyota and Mazda plan ...

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Boeing, NASA aim to flying geese in bid to save fuel

Bloomberg Boeing Co. and NASA have found an inexpensive way to cut airline fuel bills by borrowing a trick from the world’s greatest long-distance aviators: migratory birds. By lining up cruising aircraft in a V-shaped formation favoured by Canada geese, carriers would be able to produce a leap in efficiency without investing in structural makeovers or futuristic technology. The idea ...

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Now, enjoy Sydney Opera’s podcasts on Etihad flights

EMIRATES BUSINESS How many stories can you consume in a 21-hour, 37-minute flight from Sydney to London? Now you can find out, with more than 50 hours of original Sydney Opera House available to the 18 million passengers who travel Etihad Airways worldwide each year. Two of the Sydney Opera House’s most popular podcasts, This Kid Life and It’s A ...

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Michael Kors surges

Bloomberg Michael Kors Holdings Ltd.’s strategy to entice shoppers and get them to pay more for its luxury apparel and handbags is showing some signs of success. Profit and sales in the quarter that ended in July exceeded analysts’ estimates, driving the shares up as much as 14 percent in early trading. The fashion house has been refreshing designs and ...

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An airline fare war taking off, courtesy Frontier

Bloomberg Frontier recently jolted the US airline industry by issuing a press release that brimmed with boldness. Given the implications of the scrappy carrier’s news, the superlatives were arguably a harbinger of war. A fare war, to be exact. The ultra low-cost carrier (ULCC) that sports wild animals on its tails plans to double its footprint by next summer, adding ...

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