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  Dubai / WAM Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), recently welcomed a high-level delegation from the Roads and Transport Authority (RTA) headed by Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of RTA. During the meeting, Saeed Mohammed Al Tayer highlighted the features of DEWA’s new headquarters named ...

  Dubai / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Executive Council, has been briefed by officials about an electric car that will be introduced in the emirate in January 2017. The specifications of the eco-friendly vehicle and the Public Transport Corporation’s strategy for the next year were explained in detail by ...

  Dubai / WAM The number of passengers riding public transit on New Year’s Eve 2017 in Dubai reached 1,793,691 riders, according to statistics released by the Roads and Transport Authority (RTA). The metro network carried 769,817 riders, made up of 509,089 riders using the Red Line, and 260,728 riders on the Green Line. The Tram served 32,850 riders, while public ...

  Sharjah / WAM In order to improve road safety, the Sharjah Police have recommended lowering the speed limit along the Maliha Road, particularly the section between Al Badea Bridge and Sheikh Khalifa Road exit, from 120 km/h to 100 km/h. The new speed limit has become effective with the beginning of 2017. The decision was taken on the basis of ...

  Seoul / AFP Korean Air said it would let its crew use stun guns more aggressively and put more male staff aboard flights to clamp down on violence, after an incident involving an unruly passenger. South Korea’s flag carrier said it was tightening security after 1980s US pop singer Richard Marx lashed out at the company on social media ...

  Emirates Business Club Factory, the international smartphone shopping application, has witnessed significant growth since its launch in the Middle East. The one-stop shopping destination ranks amongst the top 10 free shopping apps in the UAE with home décor, handbags, beauty products, and clothes as the top five most popular products amongst users. Bringing over one million products together on ...

  Bloomberg Kate Spade & Co., which is exploring a sale of the handbag maker, plans to kick off a formal auction process next month, with interest from six possible bidders, according to a person familiar with the situation. The New York-based retailer is working with financial advisers on sale preparations, said the person, who asked not to be identified ...

  BEIRUT / AFP Iran and European planemaker ATR are due to sign a deal next week for the purchase of 20 short-haul passenger aircraft, an Iranian official said, weeks after Tehran finalised deals with Boeing and Airbus. ATR, co-owned by Airbus and Italy’s Leonardo Finmeccanica , in February reported preliminary orders from Iran for 20 twin-engine turboprop ATR 72-600 ...

  Bloomberg The rising number of single-person households in South Korea is helping to fuel a boom in neighborhood convenience stores, one of the few bright spots in the nation’s sluggish economy. The number of convenience stores has jumped by more than half over the past five years, to 32,000 this year, according to the Korea Association of Convenience Store ...

  Beijing / AFP Taiwan tech-giant Foxconn plans to build an $8.8-billion factory in China, state media said Saturday, amid reports its billionaire boss is cooling off on future US investments. Foxconn, a major Apple supplier, will spend the vast sum on an industrial complex in the sprawling southern city of Guangzhou. The factory will make large-screen liquid crystal displays ...