Mobile phone number portability to go online by December - TRA UAE

The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.


Slim moves on to Europe, Brazil after KPN bid failure - report

A Bloomberg report predicted that billionaire Carlos Slim could invest in telecom companies in Europe and Brazil after his botched buyout of Dutch telecom company Royal KPN NV.

Merlin is seeking to raise funds through an IPO to fund Legoland Dubai

Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.

Uniqa Insurance to acquire Baloise Holding's units in Croatia, Serbia

Uniqa Insurance would be purchasing Baloise Holding's Croatian and Serbian units in a deal worth EUR 75 million.


Latest News

Sources told Bloomberg that Jaiprakash Power Ventures would be selling its hydropower facilities to Abu Dhabi National Energy.
Goldman Sachs Group raised EUR 289 million from selling 7 million of shares in German property company LEG Immobilien.
Michael Vick of the Philadelphia Eagles was ranked as the most-disliked player of the National Football League for 2013.
Reebok North America President Uli Becker would be leaving his post as part of a management shakeup.
President Barack Obama caught a pregnant woman while he was making his speech about the Affordable Care Act in the Rose Garden.
Japanese authorities said the cleanup of the Fukushima nuclear plant would not be completed next year as originally scheduled.
Reckitt Benckiser Group Plc would be reviewing options for its pharmaceutical business, including a potential exit, according to a Bloomberg News report.
The New York State Department of Financial Services, the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency had approved the merger of US banks Provident New York Bancorp and Sterling Bancorp.
JC Penney Co Inc and Martha Stewart Living Omnimedia said that its partnership agreement would be leaving out Martha Stewart-branded cookware, bedding and bath products that had been exclusively designed for Macy's Inc.
Tana Clymer, a 14-year old girl from Oklahoma, found a 3.85-carat diamond at the Crater of Diamonds State Park.
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