For Brits on holiday, the pound is turning costly

London: The pound is suffering a record run of losses against the euro just as Brits get ready for the summer holidays. Sterling has slid more than 5 per cent against the euro in the past 10 weeks, handing UK holidaymakers on the continent a hefty foreign exchange disadvantage. And it’s fared the worst among […]

Kuwait to issue virtual telecom licence

Dubai: Kuwait is to issue a virtual telecom operator licence, effectively creating a fourth player in a market serving roughly four million people. Virtual network operators do not own the networks they use to provide communications services but instead lease capacity from conventional operators, usually paying them a percentage of their revenue as well as […]

Du launches new internet calling app in UAE

Dubai: Customers of du, Emirates Integrated Telecommunications Company (EITC), now have access to a new app to make internet calls in the UAE. The addition of the YzerChat app to the internet calling pack offers residents access to messaging services and HD video calls, it was announced on Sunday. Fahad Al Hassawi, deputy chief executive […]