Etisalat conducts region’s fastest 5G live trial

  Dubai / Emirates Business Etisalat announced the completion of the MENA region’s first 5G mobile technology live trial using millimetre wave (mmWave) during GITEX Technology Week 2016 in Dubai. In the lead up to the 5G deployment in the UAE by 2020, Etisalat’s latest technological milestone includes the live trial of a remarkable 36 Gbps peak rate at E-Band ...

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DIFC organises launch of second IMF REO

  Dubai / Emirates Business Dubai International Financial Centre (DIFC), the region’s leading financial hub, connecting business and financial institutions with emerging market opportunities across the Middle, East, Africa and South Asia (MEASA) region, on Wednesday hosted the launch of the second Regional Economic Outlook (REO) for the Middle East, North Africa and Pakistan (MENAP) for 2016, in collaboration with ...

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UAE’s first VAT’s Application unveiled

  Dubai / Emirates Business Dubai-headquartered regional law firm, BSA Ahmad Bin Hezeem & Associates LLP has launched UAE’s first VAT’s App, during Gitex 2016. The application is aimed at addressing the needs of people, who would want to know more about the impact of value added tax (VAT) on their business and once the legislation is final, have a ...

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Women are drivers of nation’s economy, says Sultan Al Qasimi

  Sharjah / Emirates Business Women are the drivers of the nation’s economy – that was the message given by His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, at the opening of the second edition of the ‘Investing in the Future’ (IFFMENA) conference, which took place yesterday at the Al Jawaher Reception ...

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UAE continues to attract UK investors

  Dubai / Emirates Business The UAE’s economic diversification strategy continues to attract interest from UK investors, despite the sustained low oil prices. That was the view shared by Links Group, one the UAE’s leading providers of commercial facilitation and advisory services, following a recent trade mission to London with the Dubai FDI. “Dubai remains a robust and sustainable market ...

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Dubai to host global South-South Devp Expo

  Dubai / Emirates Business The Zayed International Foundation for the Environment signed the agreement with the UN Office for South-South Cooperation last April, launching the eighth annual Global South-South Development Expo to be hosted by the Zayed International Foundation for the Environment on behalf of the UAE Government from October 31 – November 3. The Global South-South Development Expo ...

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Deyaar’s roadshow to woo Indian investors

  Dubai / Emirates Business Deyaar Development PJSC, one of the UAE’s largest property development and real-estate services companies, is holding a roadshow in New Delhi, India, next week as part of efforts to target the growing number of Indian investors buying property in the UAE. The move follows a similar event in Mumbai in May when Deyaar showcased an ...

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UK fare cuts lure travellers from British Airways: Malaysia Air

  Bloomberg Malaysia Airlines Bhd. Chief Executive Officer Peter Bellew said fare cuts aimed at boosting passenger numbers on Kuala Lumpur-London flights are bearing fruit, with the carrier’s market share up 9 percentage points in the past 11 weeks. The Asian company, which saw passenger confidence slump after two fatal crashes in 2014, now accounts for 53 percent of traffic ...

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UK to make decision on Heathrow Airport expansion next week

  Bloomberg The UK government will decide next week whether to expand London’s main airport, Heathrow, or its rival Gatwick putting an end to decades of prevarication over what has become one of the most contentious issues in British politics. The preferred option will be chosen by the cabinet’s Economy and Industrial Strategy Sub-Committee with responsibility for airports, Prime Minister ...

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Carrefour quarterly sales growth tops estimates

  Bloomberg Carrefour SA, France’s largest retailer, reported third-quarter revenue that beat analysts’ estimates on stronger-than-expected growth in its home country. Sales rose 3.2 percent on a like-for-like basis to 21.8 billion euros ($23.9 billion), Boulogne-Billancourt, France-based Carrefour said in a statement on Wednesday. Analysts expected 21.7 billion euros. In France, sales climbed 1.2 percent, beating the estimate for 0.5 ...

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