The Telecommunications Regulatory Authority of UAE would, after a five year wait, put the mobile phone number portability system operational by December.
Regions
HTC Corp joins smartwatch race
HTC, which is reeling from its first quarterly loss, is seeking to recover when it enters the smartwatch race using Google's Android OS.
Kuwait reviewing its subsidies system
Kuwaiti Finance Minister Sheikh Salem Abdulaziz al-Sabah said the government is reviewing its subsidies system to its residents and subsidies.
Bill Gates buys 6% stake in FCC
Bill Gates bought a 6% stake in Spain's FCC for EUR 113.5 million. Billionaire Bill Gates had purchased a 6% stake in Spain-based construction firm Fomento de Construcciones & Contratas or FCC.
Beechraft attracts three suitors for takeover - sources
A report by Bloomberg said at least three companies had been eyeing to acquire US planemaker Beechcraft Corp.
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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.
Legoland Dubai's main promoter is seeking to raise funds through an IPO set in the London Stock Exchange.
Uniqa Insurance would be purchasing Baloise Holding's Croatian and Serbian units in a deal worth EUR 75 million.
The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion. Two people who were familiar with the matter said the government of New Zealand would stand to gain in the public listing of state-owned Meridian Energy Ltd.
Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.
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.
Former Warner Music Group executive Michael Fleisher, who had experienced leading public listings, was appointed by Wayfair LLC as its new chief financial officer.
