April 22, 2018
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April 22, 2018

A telecommunications standards organization - GSMA - said on Saturday it is delaying implementation of a new cellphone technology due to a U.S. government probe of alleged coordination between the group, AT&T Inc and Verizon Communications Inc to hinder consumers from easily switching wireless carriers.

GSMA said in a statement that the move to a global standard for eSIM technology is 'on hold pending the completion of an investigation by the United States"...

April 22, 2018

Time Hotels, the UAE-based hospitality company, will reveal plans to open six new properties across the Middle East by the end of 2020.

The properties, which will see the growth and launch of existing as well as new Time Hotel brands to key territories throughout the region, will be unveiled during Arabian Travel Market 2018 (ATM), which takes place at Dubai World Trade Centre from April 22-25.

Mohamed Awadalla, CEO Time Hotels, said: “Our current pipeline of hotels and residences meet"...

April 22, 2018

Hyderabad: Mahindra Electric has partnered with Meru for the pilot deployment of e-Veritos, the all-electric sedan by Mahindra, in Hyderabad.

The Mahindra eVerito will be available for booking in Hyderabad through Meru’s mobile apps, website, call center, and will also be available at the Meru Zone at Hyderabad airport.

Speaking on the collaboration Mahesh"...

April 22, 2018

Self-described “enemy of interest rates”, Turkish President Tayyip Erdogan has repeatedly called for lowering borrowing costs.

As soon as we lower interest rates, the presidential system will bring that, inflation will fall,” Erdogan said in a live interview with broadcaster NTV, reported by Reuters.

Last week the president brought forward presidential and parliamentary elections to 24 June, whereby the executive presidency sought by Erdogan and narrowly endorsed in a referendum"...

April 22, 2018

The UAE’s real estate developers engaged in a flurry of activity at this year’s annual Cityscape Abu Dhabi exhibition – despite a string of reports that have forecast continued declines in sales and rental values across the country until the end of 2018.

Yet, with oil prices hovering above $65 per barrel after plunging to as low as $30 per barrel in the beginning of 2016, investors’ spirits are lifting. Pavilions at this year’s trade show were mainly busy as developers showcased a string of sizeable new projects.


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